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NY Indian casinos revenues up in 2007

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August 25, 2008

ALBANY - New York's Indian casinos grew their 2007 revenues to $1.023 billion, an increase of 7.7% over the $949.3 million in 2006. This earned the state $126.1 million which included $108.3 million in "revenue sharing" payments and $17.7 million in regulatory fees. The increase payments to the state was total payments rose 10.4%. This data is according to the latest edition of "Casino City's Indian Gaming Industry Report".

There are three Indian nations in New York (St. Regis Mohawk Tribe, Seneca Nation of Indians and Oneida Indian Nation) which operate eight gaming facilities. These eight facilities have 11,335 slot machines, which increased 4.2% in 2007, and 351 table games, which increased 8.3%.

The major growth came from western New York where the Seneca Nation opened its Buffalo Creek Casino in Buffalo and the Seneca Allegany casino expanded its gaming floor and opened a hotel.

Nationwide there are now 425 Indian gaming facilities owned by 230 tribes. Total revenue in 2007 was $26.5 billion which represents a 5% increase over 2006.

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