Tribal Casinos Had $28.5B In Gaming Win In 2014'Indian Gaming Industry Remains Stable,' Says NIGC |
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Tribal gaming in the United States had gross gaming revenue of $28.5 billion in 2014, the most ever for the industry. Though, it was a small 1.5-percent increase compared to 2013.
There have been revenue gains every year since 2009. The industry consists of more than 450 gaming establishments, associated with nearly 242 tribes across 28 states.
The California-Northern Nevada Region had the largest gaming revenue gain in the nation in 2014. Collectively, gambling facilities in that region reported an uptick of 4.4 percent year-over-year.
“Overall, the Indian gaming industry remains stable," Jonodev O. Chaudhuri, Chairman of the National Indian Gaming Commission, said in a statement. "Stability comes from solid operations, strong tribal management, and effective regulation by the Indian gaming’s regulatory community, which includes the NIGC and more than 5,400 tribal regulators. Sound regulation is an essential pillar of support for the critical avenue of self-sufficiency and self-determination that Indian gaming has proven for so many tribal nations. Sound regulation preserves public confidence, protects tribal assets, and promotes a safe and fair environment for all people who interact with the industry.”
What the NIGC considers “small and moderate gaming operations,” those operations making less than $25 million, make up nearly 60 percent of the Indian gaming industry.
The commercial casino industry in the United States reported just under $37.95 billion in gaming revenue in 2014, which was an all-time high. The roughly $66.45 billion in combined gaming revenue makes the casino gambling market in the country the largest it has ever been.
Below is a look at tribal gaming revenue by region.
Images via the NIGC.
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