n December 7, Rank announced that it had agreed to sell the Hard Rock business, including its massive collection of rock 'n' roll memorabilia.
The Hard Rock business includes 124 Hard Rock Cafes, four Hard Rock Hotels, two Hard Rock Casino Hotels, two Hard Rock Live! concert venues and stakes in three unbranded hotels.
The Seminole Tribe, the first U.S. tribe to get into the gambling business, owns and operates five other casinos in Florida. More than 90 per cent of the tribe's budget now comes from gaming revenue. Nearly 3,300 Seminole Indians live on and off reservations throughout Florida.