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Fri., Aug. 12, 2011, 12:49 p.m.

Indian gaming revenue in 2010 came in the same as the year before

It's worth noting that data recently gathered by the National Indian Gaming Commission says Indian gaming revenue figures for 2010 remained unchanged from the year before.

The federal commision noted Indian gaming generated gross revenues of $26.5 billion during 2010. That's the same as the year before. Its summary report can be found here.
 
Some other key points worth considering:
  • The NIGC looks at seven regions for gaming by tribes. Of those, the largest growth in '09 and '10 occurred in the Oklahoma Region and the Portland Region. The Northwest (Portland) region includes 50 gaming operations across Washington, Idaho and Oregon. In this area the major tribes with gaming are the Kalispels (Northern Quest), The Spokanes (two casinos) and the Coeur d'Alene (Coeur d'Alene Casino and Resort).  
  • The gains for the Portland region were 6 percent in 2009 and 5 percent in 2010. The Oklahoma-Texas region also reported a 5 percent gain in 2010; no other region had a higher gain in that year.
  • In 2010, 55 percent of Indian gaming operations reported gaming revenue less than $25 million. Of tribes making money in 2010, roughly 62 percent had gaming revenue less than $10 million.
  • For 2010, 49 percent of Indian gaming operations reported an an increase in gaming revenues. Of these operations, approximately 10 percent showed more than a 50 percent gain over 2009. 
  • Approximately 51 percent of gaming operators reported a gaming revenue decrease from their 2009 gaming revenues; however, three quarters of these operations experienced decreases of less than 10 percent.
The report looks at financial statements submitted by 236 gaming tribes. “In this challenging economic climate, tribal gaming remains a stable and reliable tribal economic enterprise that generates jobs and revenues for the betterment of Indian communities,” stated NIGC Chairwoman Tracie Stevens.
 
The table here shows the 2009 and 2010 revenue figures for the seven regions monitored by NIGC.



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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.