By Kaitlin Olson | Arizona Daily Star
Navajo Nation Gaming Enterprise is expanding toward Flagstaff with its recent purchase of 14 acres off U.S. Highway 89 two miles beyond city limits, including Horsemen Lodge Steakhouse.
According to property records from the Coconino County Assessor’s Office, the three adjacent parcels west of the highway were purchased for a total $5.2 million in cash on October 25 and November 13.
“We are always looking for opportunities to diversify and grow, just like any business,” Brian Parrish, CEO of Navajo Nation Gaming Enterprises, told the Arizona Daily Sun. “This property acquisition came up pretty recently and we thought it represented a great opportunity for us. Strategically, it is a really good location.”