{"id":14963,"date":"2021-08-17T18:14:04","date_gmt":"2021-08-17T22:14:04","guid":{"rendered":"https:\/\/www.indianz.com\/News\/?p=14963"},"modified":"2021-08-17T18:14:04","modified_gmt":"2021-08-17T22:14:04","slug":"national-indian-gaming-commission-reports-decline-in-tribal-casino-revenues","status":"publish","type":"post","link":"https:\/\/indianz.com\/News\/2021\/08\/17\/national-indian-gaming-commission-reports-decline-in-tribal-casino-revenues\/","title":{"rendered":"National Indian Gaming Commission reports decline in tribal casino revenues"},"content":{"rendered":"
2020 Indian Gaming Revenues of $27.8 Billion Show a 19.5% Decrease<\/div>\r\n

<\/p>\r\nThe following is the text of an August 17, 2021, news release from the National Indian Gaming Commission<\/a>.<\/em>\r\n

<\/p>\r\nWASHINGTON, DC \u2013- Today, National Indian Gaming Commission (NIGC) Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland released the Fiscal Year 2020 (FY 2020) overall Gross Gaming Revenue (GGR) figure. FY 2020 revenues totaled $27.8B, a decrease of 19.5% over FY 2019.\r\n

<\/p>\r\nThe COVID-19 pandemic impacted the FY 2020 GGR results. Unlike previous years, the NIGC administrative regions experienced a FY 2020 decline of more than 13% in GGR. The Rapid City Region experienced the largest decrease of 36.6%. Graphics are available for download on the NIGC website and highlight the decreases across all NIGC regions.\r\n

<\/p>\r\n\u201cThis Gross Gaming Revenue decrease was expected; the unknown was just how much of an impact COVID-19 had on Indian gaming. Every year, the annual GGR figure tells a story about Indian gaming\u2019s successes, contributions to Indian communities, and economic impacts. This was highlighted even more during the pandemic. Nevertheless, tribes were on the forefront of creating standards, developing new safety protocols, and sharing community resources. I foresee this decrease as only a temporary setback for Indian gaming,\u201d Chairman Simermeyer said.\r\n

<\/p>\r\n• VIDEO: NIGC Fiscal Year 2020 GGR Announcement Video<\/a>\r\n<\/strong>\r\n

<\/p>\r\nThe GGR figure is an aggregate of revenue from 524 independently audited financial statements, of 248 federally recognized Tribes across 29 States. The GGR for an operation is based on the amount wagered minus winnings returned to players.\r\n

<\/p>\r\n\u201cDespite the limits and uncertainty of the last year, it is important to focus on the sacrifices of and economic refuge provided by tribes and the community impacts. Tribal gaming has shown resilience and commitment, and continues to develop new roads to economic stability. I look forward to seeing Indian gaming continue to lead the way in efforts to reduce the economic impact of the COVID-19 pandemic,\u201d Vice Chair Hovland said.\r\n

<\/p>\r\n

National Indian Gaming Commission Documents<\/div>\r\nNews Release: 2020 Indian Gaming Revenues of $27.8 Billion Show a 19.5% Decrease [PDF<\/a>]

<\/p>\r\nGraph: 2020 Gross Gaming Revenue Trends [JPG<\/a>] [PDF<\/a>]

<\/p>\r\nGraphic: 2020 Gaming Revenue Distributed by Region [JPG<\/a>] [PDF<\/a>]

<\/p>\r\nChart: 2020 Gaming Revenue Comparison [JPG<\/a>] [PDF<\/a>]

<\/p>\r\nChart: 2020 Gaming Revenues by Range [JPG<\/a>] [PDF<\/a>]

<\/p>\r\nFY 2020 Gross Gaming Revenue Frequently Asked Questions [PDF<\/a>]

<\/p>\r\nFY 2020 Gross Gaming Revenue Infographic [PNG<\/a>]","protected":false},"excerpt":{"rendered":"The COVID-19 pandemic impacted fiscal year 2020 gross gaming revenues for tribes across the nation.","protected":false},"author":1,"featured_media":14966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-video-entry.php","format":"standard","meta":{"ngg_post_thumbnail":0,"_vp_format_video_url":"","_vp_image_focal_point":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,19,67,1,14],"tags":[5,71,1901,710,505,1902],"class_list":["post-14963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-health","category-indian-gaming","category-national","category-politics","tag-coronavirus","tag-economic-development","tag-economy","tag-jeannie-hovland","tag-nigc","tag-sequoyah-simermeyer","no-wpautop"],"jetpack_featured_media_url":"https:\/\/indianz.com\/News\/wp-content\/uploads\/2021\/08\/17\/nigcggr2020.jpg","jetpack_shortlink":"https:\/\/wp.me\/pcoJ7g-3Tl","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/posts\/14963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/comments?post=14963"}],"version-history":[{"count":0,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/posts\/14963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/media\/14966"}],"wp:attachment":[{"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/media?parent=14963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/categories?post=14963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianz.com\/News\/wp-json\/wp\/v2\/tags?post=14963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}