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The National Indian Gaming Commission on Thursday introduced gaming income at tribal casinos of $43.9 billion for fiscal 12 months 2024 – an historic determine that displays 4.6%, or a $2 billion, enhance over $41.9 billion in 2023.
With the exception of the pandemic throughout the 2020 fiscal 12 months, tribal gaming income has risen yearly since 2010 within the aftermath of the Great Recession.
“This year’s GGR reflects not only the resilience of the tribal gaming industry, but also the dedication of tribal leadership in preserving and growing this important economic driver for their communities,” stated NIGC Acting Chairwoman Sharon Avery. “The continued success of Indian gaming is a testament to the strong tribal governance and the sound regulation that protects the integrity of the industry.”
The gaming income determine is calculated from independently audited monetary statements from 532 independently audited gaming operations owned by 243 federally acknowledged tribes throughout 29 states. Two NIGC areas, Oklahoma City and Washington, D.C., reported double-digit progress over the earlier fiscal 12 months.
The Oklahoma City area had a 12.7% enhance whereas Washington, D.C., had a 11.2% enhance.
The Portland area reported a 3.6% enhance; Sacramento, 1.4%; Phoenix, 1.9%; St. Paul, 1.6%; Rapid City, 4.2%; and Tulsa, 0.1%;
“These revenue numbers demonstrate the positive impacts of tribal gaming and the essential role it plays supporting tribal sovereignty, job growth, infrastructure, education, and important social, health, and welfare programs in tribal communities – just to name a few,” stated Vice Chair Jeannie Hovland.
NIGC makes use of gross gaming income as a key trade measure, defining it as the quantity wagered minus winnings returned to gamers. The company collects this info yearly to evaluate tendencies and assist information regulatory coverage in help of the Indian Gaming Regulatory Act.
About 9% of gaming operations reported greater than $250 million of GGR in 2024 and their mixture revenues made up 55% of the full GGR. In comparability, simply greater than 54% of tribal gaming services reported lower than $25 million in revenues and this group represents about 5% of the full GGR share. The percentages of operations that make-up the respective ranges have been comparatively constant over the previous years, in response to the NIGC.
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