Company News: Page (1) of 1 - 03/26/14 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

Casino City Releases 2014 Indian Gaming Industry Report: Indian Gaming Experiences Modest Growth but Is Outpaced by the Commercial Casino and Racino Segments

(March 26, 2014)

Newton, Massachusetts, March 26, 2014 (GLOBE NEWSWIRE) -- Casino City Press
today announced the release of the 2014 edition of Casino
City's Indian Gaming Industry Report
- the most
comprehensive, up-to-date study of Indian gaming available -
authored by Dr. Alan Meister, an economist with Nathan Associates
Inc., who has done extensive research and analysis on Indian gaming
issues.

The Report provides calendar year 2012 nationwide and
state statistics (the latter not available anywhere else)
including: gaming and non-gaming revenue; Class II vs. Class III
gaming; number of facilities, tribes, gaming machines, and tables;
and revenue sharing with state and local governments.  The
Report also includes comparisons across states and classes
of gaming, state-by-state market summaries, historical perspective
and trends, an examination of the reasons for Indian gaming
performance, comparisons to other gaming segments, an economic
impact analysis measuring Indian gaming's contribution to the U.S.
economy, and a qualitative future outlook.

Significant findings include the following:


  • Gaming revenue at Indian gaming facilities nationwide grew 2.0%
    in 2012 to approximately $28.1 billion.

  • This was the third straight year of growth, putting gaming
    revenue at an all-time high.

  • In 2012, there were 243 Native American tribes operating over
    346,000 gaming machines and 7,700 table games in 468 gaming
    facilities across 28 states.

  • The top 2 states generated approximately 38% of total gaming
    revenue at Indian gaming facilities; the top 5 states generated
    about 60%; and the top 10 states generated 86%.

  • Indian gaming facilities, including non-gaming operations,
    directly and indirectly generated approximately $91 billion in
    output, 679,000 jobs, $30 billion in wages, and $9 billion in taxes
    and revenue sharing payments to federal, state, and local
    governments.

  • Indian gaming grew at a slower pace than other casino gaming
    segments.  The commercial casino and racino segments grew 4%
    and 8%, respectively.

  • Indian gaming generated approximately 43% of all U.S. casino
    gaming revenue in 2012.

Dr. Meister said that the performance of Indian gaming in 2012
was both positive and negative: "While it was good to see Indian
gaming continue to grow on a nationwide basis, the fact that it
grew at a slower pace than 2011, its pre-recession pace, and other
casino gaming segments in 2012 is cause for concern."




Casino
City's Indian Gaming Industry Report

is relied upon by the
gaming industry, other related industries, government/regulatory
agencies, and the investment community.  As in previous years,
this report continues to be the product of independent scholarly
research.  Neither Dr. Meister nor Nathan Associates nor
Casino City was commissioned to prepare it.

For more information and to order a copy of the report, visit
www.CasinoCityPress.com.

CONTACT: Alan Meister, Ph.D.
Nathan Associates Inc.
949-474-4955

Page: 1


Related Keywords: ENTERTAINMENT, GAMINGUSA, Business, Business Services, Business, Entertainment, Other,

HOT THREADS on DMN Forums
Content-type: text/html

@ Copyright, 2014 Digital Media Online, All Rights Reserved