The Indian gaming industry is worth $22.7 billion, with California tribes leading the way, according to the new Indian Gaming Industry Report released on Wednesday.

California's 57 tribal casinos generated $7.16 billion in revenues last year, the report said. That's an increase of 23.7 percent.

The number two state was Connecticut, with $2.33 billion from two casinos. Arizona was third with $1.64 billion from 15 gaming tribes.

Oklahoma, with limited forms of Class III gaming, came in fourth with $1.45 billion. Minnesota rounded out the top five with $1.36 billion last year.

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California tops in Indian gaming (The Stockton Record 6/22)
Arizona No. 3 in casino cash flow (The Arizona Daily Star 6/22)
American Indian casinos hit jackpot (The Jackson Clarion Ledger 6/22)
State tribal gaming earns $1.3 billion (The Bellingham Herald 6/22)