Reaffirmation Act passes US House with bipartisan support
A bill aimed at securing the federal trust status of the Mashpee Wampanoag tribe's land in southeastern Massachusetts passed the U.S. House Wednesday.
The final vote was 275-146.
After the vote, Keating called the legislative victory a step toward restoring justice to the tribe that welcomed the Pilgrims to North America. He also praised the 47 Republicans who voted in favor of the legislation.
https://www.wbur.org/news/2019/05/15/mashpee-wampanoag-tribe-trust-legislation
Outdoor theme park moving on from Fox/Disney setback
Recent images posted on a website tracking progress for the theme park shows that remodelling work has begun.
The $1bil lawsuit remains ongoing. Genting/Resorts World is a global brand name, winning the lawsuit against Disney who is an entertainment powerhouse would be a major coup for Genting.
It makes so much sense for Genting to pursuit the lawsuit, sacrificing 1-2 years of theme park income to pursuit RM4.2bil (50% of annual revenue). This also sends a strong message that they will not be pushed around by competitors or potential partners.
The owners are thinking ultra long-term. After all, the company will be passed on for generations and minorities might just be sticking around for weeks or months - so why bother about the weak shareprice for a year or two?
I believe Genting's case is strong, they have a track record of completing projects on time, just think about Universal Studios Singapore. It is highly unlikely that the delays on the outdoor theme park is entirely their fault.
https://klse.i3investor.com/blogs/boostmy/206783.jsp
