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Report cites $900M in tribal revenue-sharing

Wednesday, June 15, 2005

Tribes shared $900 million in gaming revenues with state and local governments in 2004, according to the annual Indian Gaming Industry Report [Web Site].

The amount was 23 percent more than the amount shared in 2003, according to analyst Alan Meister, an economist with the Analysis Group [Web Site]. In addition to revenues, tribes contributed $6.2 billion in taxes to federal, state and local governments, the report said.

Tribes share a percentage of revenues under Class III gaming compacts with states and agreements with local communities. The arrangements exist in Arizona, California, Connecticut, Michigan, New Mexico, New York, Oklahoma and Wisconsin.

Overall, tribal casinos took in $19 billion last year, a figure consistent with numbers from the National Indian Gaming Association and the National Indian Gaming Commission. The report said tribes brought in $5.3 billion in California, $1.5 billion in Arizona, $1.3 billion in Minnesota, $1 billion in Wisconsin, $987.5 in Washington, $939.3 million in Oklahoma, $938.6 million in Florida, $460.1 million in Oregon, $140 million in Idaho, $96.9 million in North Dakota, $53 million in South Dakota and $16.3 million in Montana.

Get the Story:
Report: Indian tribes shared more than $900 million in casino profits last year (AP 6/15)
State Indian gaming growth stunted (The Billings Gazette 6/15)
For Arizona, gamble paying off (The Arizona Republic 6/15)
Arizona Indian casinos hit big jackpot (The Arizona Daily Star 6/15)
Gaming income hits nearly $1B in state (The Oklahoman 6/15)
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Wisconsin’s tribal casinos rake in $1 billion in 2004 (The Green Bay Press-Gazette 6/15)
Growth of gambling slips at Minnesota casinos (The Minneapolis Star Tribune 6/15)
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Tribal gaming revenue grows (The Bellingham Herald 6/15)
State becoming gambling hot spot (The Miami Herald 6/15)
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Report puts Indian casino revenue in U.S. at $19 billion (The San Diego Union Tribune 6/15)
New compacts paying off (AP 6/15)
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Growth rate slows at Indian casinos (Gannett News Service 6/15)