Indian Casinos grew 5% in 2007 ($26 billion revenues)
June 24, 2008
WASHINGTON, D.C. - The National Indian Gaming Commission (NIGC) reported last
week that Indian casinos earned $26 billion in revenues last year up from $25.1
billion in 2006. This was a 5% growth rate compared to 1.8% at Nevada casinos.
Nevada casinos had $12.85 billion in gambling revenues last year.
NIGC Chairman Philip Hogen said, "The continued growth is significant
considering recent economic struggles throughout the country. Indian gaming
continues to be an important factor in local economies."
Since the Indian Gaming Regulatory Act of 1988, Indian gaming grew from $200
million in 1988 to $11 billion in 2000 to $26 billion in 2007. The slower growth
rate for 2006-2007 is accredited to fewer big casino openings and a softer
The highest growth rate (20%) for 2007 Indian gaming was in Oklahoma. The
lowest growth rate (1.6%) was in California.
The National Indian Gaming Association reports:
- There are now 423 Indian gambling operations.
- 225 tribes now have gambling operations.
- Indian gaming now operates in 28 states
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