Native American groups’ casinos from the Native American groups took in US$ 28.9 billion from gambling enthusiasts in the year 2014, as per Casino City’s Indian Gaming Industry Report that was unveiled on Thursday.
There were two-hundred-forty-three Native American tribes operating approximately 352000 gaming machines as well as almost 7800 table games in 489 gaming facilities throughout 28 states, said the report.
Even though the US$ 28.9 billion was actually a record, it was only a 2% raise compared to the year 2013. It was the 5th straight year that experienced a gaming revenue uptick. The tribal gaming is running quite well compared to casinos like those ones in Las Vegas. The Indian gaming garnered 43.5% of all casino in the United States gaming revenue in the year 2014.
The best thing is that the growth rate of non-gaming receipts at Indian gaming places was 5% year-over-year. The casinos in Nevada have seen a similar tendency of non-gaming facilities driving growth instead of casino floor. Las Vegas gaming gain has primarily been unaltered for the last few years.
California stayed the country’s number one tribal gambling market along with around US$ 7.3 billion in the gaming revenue. Oklahoma and California – the two popular states, brought forth nearly forty percent of total gaming revenue at the facilities of Indian gaming. The research also said that the top ten states managed to generate around 85 percent.