The Indian gaming industry lost revenues and jobs last year, according to the deputy executive director of the National Indian Gaming Association.
Tribal casinos took in $26.2 billion dollars in 2009. That's down $500 million from the year prior, the first time the industry has lost money since 1988.
"It’s not a big hit – certainly not as big a hit as Nevada and New Jersey are taking," Jason Giles said at the Southern Gaming Summit, Gambling Compliance reported.
Giles also said tribal casinos lost 100,000 jobs.
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US Tribes Sustained $500m Loss In 2009
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Meetings | Public Relations
Indian gaming industry shed revenues and jobs last year
Thursday, May 6, 2010
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