Tribal casinos outpaced Nevada casinos in ‘07
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Indian tribes saw 5% growth in their casino revenue in 2007, which was a slow down but kept them ahead of the revenue of casinos based in Nevada, according to the National Indian Gaming Commission.
Tribal casinos brought in $26 billion in the last calendar year.
According to an NIGC press release:
NIGC Region V, which includes Kansas, Oklahoma and Texas, had the largest percentage increase in revenues. The region generated revenues of $2.6 billion in 2007, a 20% increase from the $2.1 billion generated in 2006. The region has experienced active growth, more than doubling revenues in the three-year period from 2004 to 2007, climbing from 83 operations generating $1.3 billion in 2004 to 100 operations generating $2.6 billion in 2007. Region II, consisting of California and northern Nevada, had only a 1.6% increase in revenue but still saw the biggest revenues of NIGC’s six regions, increasing to $7.8 billion in 2007 from $7.7 billion in 2006.
The revenue was arrived at from the audit reports of 382 tribal casinos, according to the release.
