Report says Indian gaming industry showing signs of recovery

Tuesday, March 6, 2012  

Tribal casino revenues grew 1.3 percent in 2010, according to Casino City's Indian Gaming Industry Report.

After the recession, tribal gaming revenues fell for the first time in 2009. But the industry is showing signs of recovery, the report said.

"We are seeing only minimal growth, which is consistent with what we generally are seeing in the economy," economist Alan Meister told The Santa Fe New Mexican.

Tribes took in $26.73 billion at their facilities in 2010, the report said. California remained the biggest market, despite showing a 2.5 percent decline, according to Meister.

Oklahoma was the second biggest, according to the report. Tribes there took in $3.22 billion in 2010, beating Connecticut, where two tribes took in $2.14 billion.

Florida, with $2.06 billion, and Washington, with $2.03 billion, rounded out the top five. These states responsible for about 61 percent of the nation's total Indian gaming revenues, the report said.

Get the Story:
American Indian tribes' casinos see turnaround (AP 3/6)
Indian casinos still growing despite economy (The Cape Cod Times 3/6)
Indian gaming revenues rise by 1.3 percent (The Las Vegas Review-Journal 3/6)
Region's casino revenue down again in 2010 (The New London Day 3/6)
Indian gaming revenues dip 3 percent in California (The Santa Rosa Press-Democrat 3/6)
Oklahoma Indian gaming revenues rise 3.9 percent, but growth slowing (The Oklahoman 3/6)
Oklahoma second in nation for tribal gaming (The Tulsa World 3/6)
Casino recovery slow in U.S. and New Mexico (The Santa Fe New Mexican 3/6)