Annual Indian Gaming Industry Report being released


The annual Indian Gaming Industry Report is being released by the Analysis Group today.

Economist Alan Meister says tribal casinos took in $26.5 billion in 2007. That's an increase of 5 percent from 2006 but down from the 10 percent jump seen in 2006 and the 15 percent jump seen in 2005.

Oklahoma, however, defied the trend. Tribal casino revenue in the state with more gaming facilities than any other jumped 22.3 percent last year, according to the report.

Oklahoma now represents one-third of the Indian gaming industry, the report said. California and Connecticut remain larger but Oklahoma beat Arizona and Florida last year.

The slowing economy will continue to affect gaming revenues, Meister said.

Get the Story:
As economy slips, gaming still pays off (The Oklahoman 8/19)
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Tribes hold aces in casino growth (The Cape Cod Times 8/19)
Indian Casinos Take Economic Hit, But Growth Still A Good Bet (The New London Day 8/19)
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Slower growth seen in tribal casino revenues (Capitol Media Services 8/19)
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Tribes see slower growth in gaming (The Palm Springs Desert Sun 8/19)
Casino revenue growth slows (The Santa Rosa Press-Democrat 8/19)
Florida gaming growth slowed in 2007 (The St. Petersburg Times 8/19)
Atlantic City takes hit as New York's Indian casinos prosper (The New York Daily News 8/19)