Native American gaming generated US$29.9 billion in 2015

The amount represents a 5 percent increase over the U$28.5 billion Native American-owned and -operated gambling generated in 2014.

US.- According to the National Indian Gaming Commission (NIGC), Native American-owned and -operated gambling facilities generated US$29.9 billion in revenue nationwide in 2015. This represents a 5 percent increase over the US$28.5 billion generated in the previous year.

Last year’s is the largest year-over-year increase in a decade, though revenues have been ticking up steadily since 2009. The 71 casinos in California and northern Nevada generated US$7.9 billion in 2015, which is an average of US$111.3 million per facility. The gaming sites on the Eastern seaboard were more profitable: 31 casinos in that region brought in an average of US$225.8 million each.

In 2015, there were 474 gambling facilities operated by 283 tribes across the country, an average of almost exactly two per tribe. According to the Commission, 6.5 percent of those facilities, 31 sites, generated more than US$250 million, whilst 20 percent of them generated less than 3 million.

“The strong regulation that tribes, as well as federal regulators and other stakeholders, provides has played a key role in the stability and growth of the Indian gaming industry by providing consistency and predictability,” said Jonodev O. Chaudhuri NIGC chairman in a statement.