Saturday, April 2, 2022

Pala Interactive Sold for $170 Million - Bonus for Pala Members?


I am sure Pala Members will enjoy the benefits from their investment in Pala Interactive.

financialpost.com Boyd Gaming to Acquire Pala Interactive

LAS VEGAS — Boyd Gaming Corporation (NYSE: BYD) today announced that its wholly-owned subsidiary, Boyd Interactive Gaming Inc., has entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for total cash consideration of $170 million.

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prnewswire.com Pala Band of Mission Indians Enters into Agreement to Sell Pala Interactive LLC to Boyd Gaming for $170 Million

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"Our tribe was at the forefront in creating an online gaming platform," said Robert Smith, Chairman of the Pala Band of Mission Indians. "We brought together the best minds in the business to build and ultimately transact, what has become a very successful business." 

Jim Ryan, CEO of Pala Interactive, said, "This is the result of a considerable capital investment and  lot of hard work by the Pala Tribe and Pala Interactive employees to build a modern-age online gaming platform and business tailored to the North American regulated gaming market. Boyd Gaming's acquisition of the Pala Interactive business, positions the enterprise for the next growth phase, which includes the development and execution of an iGaming strategy for Boyd Gaming and a continued commitment of investment and development in Pala's B2B business."

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Thanks to Commenters for bringing this news to attention.





39 comments:

Anonymous said...

This statement is wrong.
The Pala Band of Mission Indians didn't agree to shit.
The general membership didn't know ant thing about this until it was posted on the news wire.
It should read as Robert Smith has agreed to sell Pala Interactive to Boyd Gaming.
If it is the pala band then that money should be paid to all members of the band because the band is the ones that funded pala interactive with Casino funds.

Anonymous said...

What is this?

“result of a considerable capital investment”

Since when did Pala vote to invest considerable capital for a business that doesn’t even benefit them?
Oh that’s right a long time ago Robert had us vote to give the EC the power to make business decisions for the tribe and not tell us about it. We’ll good thing several of his front row a$$ ki$$er$ are no longer around to make motions and second motions then yell at anyone else at the meeting that asks questions.

Anonymous said...

The latest rumors around the res in pala is that Rob wants to change the chairmanship to either "President" or
"King" of the pala band of mission Indians.
But what he doesn't understand is that the only "KING" of
the Pala Band passed away about a year and a half ago.
KING FREEMAN the KING of the pala reservation and Robert can never be "KING" or even close.
Maybe he can be the "QUEEN" of pala.

Reinstatement_Restitution said...

There was a MOA (Memorandum of Understanding) between PBMI and NexGen/S3 where $100 million was raised to finance the development of an online gaming platform. NexGen/S3 was committed to 28.5% of the investment after PBMI guaranteed a $70 million investment. The GC was not required to approve this investment since the Pala Gaming Resolution approved by the NIGC says that the Pala Gaming Authority has financial control of the Casino and can make investments and obligations using the Casino revenue as collateral. Robert Smith is the Chairman of Pala Gaming Authority and all that is required to enter into these agreements is his signature.

Anonymous said...

Response to April 4, 3:13pm

So if Pala owns 71.5% of Pala Interactive then they will receive around $121 million from the sale right? So if this is tribal income should it be divided between general welfare, operations, percap, etc….. as approved by the tribe? Or better yet reinvested or put into high yield accounts, anything that benefits the entire tribe financially.

First thing though is for the EC to even bring this up to the tribe at a meeting so we know uwhat’s going on. I know most of us agree that the monthly agenda should have an “open floor” part for members to speak about anything or ASK about anything instead of the way it’s been for years “if it’s not on the agenda it can’t be discussed” and for something to be on the agenda you know who MUST approve it. Even if several members start asking or yelling out questions and demand answers he will just stop the meeting instead of answering since several of his front row supporters/yellers/ threateners have passed on and aren’t there to shut everyone up. Those same front row supporters do or did run several Pala departments. So there is a benefit to blindly supporting his agenda.

Anonymous said...

There could be other benefits to blindly supporting someone. For example getting a cushy job or your unqualified children on the rolls maybe. Thats why some tribes have their own “Tribal Enrollment Specialist/Chairman’s Assistant “ to certify family history or blood degree only for that tribe. They could just be going by what they are told or shown, who knows. They may not even know what they are necessarily doing and just going by what they are told or presented with. Those same people may have a higher blood degree on that tribes books but still can’t get a CDIB from the BIA because the BIA checks their government records/documents to verify when issuing CDIBs. So if someone you have known for years is all of the sudden enrolled or recently when they weren’t the last 20 years or the majority of their lives because they or their parents found out they have more Pala blood please think for a moment or hey tell them they should send in for their CDIB. They have updated them in recent years now and are like birth certificates for native blood degree. Hey I’m not saying this can’t happen and I’m sure a family could find out years later one of their parents or relatives has more native blood than previously noted.
The BIA has decades of history, documents, census, and will take more if you have some they don’t from extensive archive research so I’m sure their CDIBs are more accurate than say Pala who is the only tribe that has Margarita Britten as 1/2 CUPENO and will not acknowledge her descendants CDIBs that show she is full blood or submit any documentation a certain person claims to have but nobody else can verify to determine the change of MB CUPENO blood!!! Even a member of the EC at that time has spoken out and said the documents a certain person used were not valid to use by any tribe or even the BIA but they still managed to get a couple people to agree with him which overturned years of extensive research and a final decision by the BIA. But that means when someone is not in a position to block it and MB is looked into again they will see what’s what and a correction will be made.

Anonymous said...

Robert Smith will not live forever and the same goes for Nieto.
What Smith and Nieto don't realize is that they have set an agenda for future E/C members concerning enrollment in the tribe.
This will without any doubt backfire on them when they are no longer on the EC.
When a new chairman is seated on the EC he/she may want revenge for the way tribal members were treated by the current chairman and nieto and use the same things/documents that were used against the Britten family, and use it to disenroll there family members
and there is not a damn thing that they can do to stop it.
I learned a long time ago from older members that said don't get mad, get even.

Anonymous said...

I PRAY that the NEW E.C. will not be a person who is focused on the Brittan Family. There is way to much that needs attention !

Anonymous said...

@ 11:25 PM

there are a lot of problems in the RC that need fixing and some major problems started when Smith and Nieto did wrong by targeting the Brittan family for disenrollment.
So you are wrong by your statement.
A new EC needs to fix "ALL" the problems not just pic and choose which problems to fix fix.
I thing that it should be a priority to start with the fix of the Brittan issue because whats right is right and this would be whats right.
The disenrolled count for a major voting block and for sure were a target to keep the leaders in place and it was unfair to do what smith and nieto did without even giving the general membership a chance to be involved in the decision
against that family.
Aloso the EC used illegal documents to do so.
If you think that this okay to do then you are totally wrong.

Anonymous said...

Well 11:25 Believe what you want but this is about the whole tribe.

Anonymous said...

@ 11:25
in order to fix things you have to start where things started
and the Brittan family issue was the start of the division of the tribe, therefore this needs to looked into in order to fix the wrongs that were unjustly put upon this family and make to where it will not happen ever again behind the backs of the general membership as was done in this case.

Anonymous said...

ca truth and healing.com

Anonymous said...

@ 10:47, how about "FACE THE TRUTH " and there will be healing.
The truth is that Smith and Nieto are very "CORRUPT".

Anonymous said...

Are we gonna get a HUGE BONUSE from the on line gaming sale ? It only makes sense. Hopefully Theresa Nieto will allow it.

Anonymous said...

No she will make up some bullshit excuse about the tribe had to use the money for something that we never heard of.
like paying off her motor home and paying off her property on hwy 76 that the tribe financed for her.
That's the property at the old cuca ranch near the 76 split
that goes up to palomar mountain.
Nieto should pay for some kind of surgery to have her husbands legs fixed.
I saw him standing at the Cupa days and you could park a Harley between his legs and not even use the kickstand.
If they fixed his legs he might be about 5'6" tall.

Anonymous said...

That is some funny stuff,my sides hurt.

Anonymous said...

You’re a real p.o.s. for this.

Anonymous said...

Especially for you being as tall as you are wide.

Anonymous said...

@ 5:35 PM ,
I wasn't referring to his wife Theresa.

Anonymous said...

To 5:34, a piece of shit is better than a pile of shit like you
hell you can't even spell.
It's "your" not youre.
Have a good one, and don't use a "kickstand"or just park your mini bike between R.Nietos legs so you won't be late for class.

Anonymous said...

I just received the new letter from the Tribe regarding our properties whether they are allotted or assigned properties. Someone in housing did NOT do their homework. If you're an alloted person whose home is paid for this letter does NOT legally pertain to you at all, unless you're conducting a business which does have to be approved by the Tribe. If you are on an allotted property which has a new home built through loans from the Tribe, you must abide by Tribal housing rules listed on your ORIGINAL housing contract until the home or other paid by Tribal loan is paid off. Do your research people, those ORIGINAL housing contracts (allotted or assigned) are LEGAL AND BINDING! They CANNOT be broken or changed unless YOU the homeowner requests it. As for porches ect. if they are not attached to the original home the Tribe has absolutely no say about it. Standard contracts require the property be maintained and kept free of trash and debris. Find your ORIGINAL contract (you should have a copy). Remember you and you alone has the LEGAL right to change it.

Anonymous said...

Here is another "BITCH" about the school in Bonsall.
Why are they charging the students $500.00 per student to ride the bus for the school year?
This started last year and they are claiming that there3 is only 50 slots left so hurry up and pay the fees before all the slots are gone.
What happens to the students that can't afford to pay, do they just stay home and get turned in to the cops for not attending school.
This is total bullshit for the students to be charged this fee
to attend a "PUBLIC SCHOOL".
With Sullivan school being a public school and the students are in the school district should not be charged a bus fee.I wonder if the other students that live in the schools district are having to pay or is it just Pala students.
The tribe gives large donations to the school district every year, those donations should be enough to cover these bullshit bus fees.
Don't we have a tribal member on the Bonsall school board.
If so what good is he ?.
That would be Eric Garcia, who claims to be an Ortega.

Anonymous said...

Robert wants your allotments plain and simple, so he is going to do everything in his power to get them. You are under his control no matter what you think. Go Pala.

Anonymous said...

Why are so many nontribal members in tribal housing when a lot of members still need housing.

Anonymous said...

Just because.

Anonymous said...

@ 11:41 AM
probably because they are under the original AMHIA housing contract.
There aren't many non tribal members living in the newer housing tracts.

Anonymous said...

Doesn't matter. The old AMIHA contracts are still legal and binding. Whatever Tribal ordinances that were in place of the original contract signing are also legal and binding. At that time if the homeowner passes but their spouse or long-term partner is alive, they are allowed to remain in the home until they pass or move out. If they try to move another person in the home (Tribal or non Tribal), they must move out. Non Tribal persons living in an AMIHA home not a spouse or long-term partner located on assignment must vacate the home. The Tribe cannot interfere with AMIHA homes on allotted property unless the individual living in the home is considered a threat to the community.

Anonymous said...

I just read a piece in the north county times that says that Pala Band of Mission Indians just received a grant for
$192,461 for preservation of language revitalization.
So i guess that everyone on the reservation will be speaking
"GERMAN" real soon.

Anonymous said...

pala is the only casino that has armored car come once a week to collect money. where are they taking it to???????

Anonymous said...

Question ????????????????????
why does the membership never get to see the deposit slips that show how much was deposited into the accounts from the Casino.
We always have to take Nieto at her word concerning the profit and loss at the Casino.
She always tells truth when shes not lying . So that means that
she never tells the truth.

Anonymous said...

This blog is dead. The operator must have gotten bored.

Anonymous said...

This blog is far from being dead and will continue as long as Smith and Nieto are on the EC in Pala.
They need to be held accountable no matter how long it takes.
Everyone knows who and what they stand foe but are afraid to step up and do whats right.

Anonymous said...

Another sad passing in Pala.
Joann aka Nuna Diaz passed away a couple of days ago.
She will be missed by her family and friends.
PIP Nuna.

Anonymous said...

Robert Smith is at it again. He is seeking new authority to disenroll people through a proposed constitutional amendment. I guess it is his nuclear option. Well, if he goes through with it there will be dire consequences for the Pala Band of Mission Indians. There is now enough evidence and records detailing the criminal activities of Amy Dutschke. Dale Risling, Harley Long and others working for the BIA that can be brought forth and force the closure of the casino. Robert knows what the real deal is here. He knows that he used the BIA to get his criminal way in the first round of disenrollments. Now he again turns to shitswallow to formulate a new scheme to disenroll even more. Understand this. If this amendment passes then every action will be taken to force the closure of the Pala Casino. Robert knows it can be done. He understands how it can be done. He has been hiding the truth from the people but if he wants to push this button then the switch will be turned on and the process will begin to close the casino. You chicken shit assholes that wouldn't stand up for the Brittains because you thought your per cap would go up, well if you pass pigfaces amendment then you will experience what the Brittains experienced as you watch all your money go away. This is no joke. Ask your pigface coward leader if this is true or not. He knows it is true and has kept it secret because he knows he cant stop it. He still won't tell you but you have been told. Brave up for once. Frikkin cowards.

Reinstatement_Restitution said...

Agreed that there is a conspiracy to commit fraud between the PBMI and the BIA based on conveying the land, assets, and revenue of the Pala Reservation to the PBMI (formerly the PBLMI). Changing the Constitution to disenroll more members is the power that Smith wants the General Council to give him. He already has that power, but if the GC votes to amend the Constitution to formalize it then all are fair game to the hatchet.

I don't belong to the tribe, but maybe only those willing to kiss Robert's ass will belong in the end.

Anonymous said...

So Pala people can belong to another band but not another tribe.

Anonymous said...

Just let that motherfucker try and disenroll another family like he did with the Britten family. He will be signing his death warrant for sure, 100% for sure.
There is no way that two thirds of the voting membership will show up at a special meeting to amend the constitution.
If there is a special meeting requiring that two thirds of membership need to be present does that mean that that if two thirds don't sign in can they still hold a special meeting on that subject?

Anonymous said...

Section 2. Future Amendments
This Constitution may be amended by two-thirds vote of the voting members of the Pala Band at an election duly-called for this purpose in which not less than half of the eligible members of the Pala Band cast their ballots.
It says that the constitution can only be amended at a duly called election for this purpose.

It means Robert cannot use the regular election to amend the constitution.

It then says May be amended by a 2/3rd vote of the voting membership which means if there are 900 eligible voters then at least 601 will have to vote in favor of the amendment. Then it says the election is not valid unless not less than half of the eligible voters vote in the election. So even if 450 people vote in the election it will not be enough to pass the amendment because 601 votes are needed to pass the amendment.

Remember this is Roberts constitution. He now has to live with it. He just can't make changes on a whim. In order for him to utilize the regular election for amendments he would first have to amend the amendments section. Roberts attorneys REALLY SCREWED THIS UP.

Anonymous said...

Isn’t this like letting the state get involved in tribal affairs. So showing state recognized is same as federally recognized. States going to love this precident.