HOLLYWOOD — The annual shareholders meeting of the Seminole Tribe of Florida Inc. was held March 29 at the Seminole Hard Rock Hotel & Casino Hollywood. In a ballroom full of tribal members, STOFI’s Board of Directors discussed a variety of topics, including current and future tribal business.

Board members are President Holly Tiger, Vice President Marcellus W. Osceola Jr., Brighton Rep. Bryan Arledge, Big Cypress Rep. Nadine Bowers and Hollywood Rep. Christine McCall.

“All the information presented represents the hard work and dedication our Board of Directors and enterprise managers have been putting into streamline operations while prioritizing growth in profits. We realized over 10% growth across all businesses’ units in 2024; that is challenging nowadays in this economy. The board is dedicated to growing all brands owned by the shareholders, and today we had an opportunity to highlight our efforts,” President Tiger said after the meeting.

The meeting began with a fiscal year presentation by Erum Motiwala, the board’s executive director of finance. She talked about STOFI’s various accomplishments during fiscal year 2024 as compared to fiscal year 2023. STOFI businesses are Seminole Petroleum, Seminole Trading Post, Seminole Smoke Shop, Seminole Wholesale Distribution, Seminole Natural Resources, Seminole Brighton RV Resort and Campground, Seminole Commercial Cleaning, Seminole Credit and Finance, and The Bol Restaurant.

The board discussed the tribe’s joint business venture with NRT Technology for fiscal year 2024 and its initiative for fiscal year 2025. NRT Technology oversees multiple services for the tribe’s Hard Rock Hotel & Casino properties including new venues Hard Rock Hotel & Casino Bristol in Virginia and Hard Rock Hotel & Casino Ottawa in Canada. Some of the services are for hardware at the properties including neo kiosks, jackpot kiosks, cash recyclers, ATM, cash advance and check cashing. New product initiatives were also discussed for fiscal year 2025.

After the presentation, the board conducted a Q&A with tribal members followed by closing remarks.

“It’s truly a blessing and honor to be able to stand in front of you all and really have a meaningful discussion about your enterprises, because what it’s all about is making sure that we’re as transparent as possible,” Rep. McCall said.

“I want us to give a big hand to the employees over here because with the vision that the board has, they’ve taken that and multiplied it for what the businesses are today and the growth you see in the dollars,” Vice President Osceola said.

“Showing up here shows that you’re interested, and you’re really engaged in these enterprises and it’s good to show everybody coming out. It makes us accountable to make sure we’re representing you guys in the best way we can,” Rep. Arledge said.

“Thank you to the shareholders for coming today and for their continued support,” Rep. Bowers said. “I would also like to thank our dedicated staff for all their hard work and effort in making today’s event
possible. We appreciate everything you do. Thank you again, everyone.”

President Tiger also gave closing remarks and thanked tribal members for attending.