Gambling in the USA

NIGC Releases its Financial Report for 2018

Published

6 years ago

September 17, 2019

Niji Narayan

NIGC Releases its Financial Report for 2018

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The National Indian Gaming Commission (NIGC) has released its financial report for the year 2018. The gross gaming revenue (GGR) from the fiscal year 2018 totalled US$33.7 billion, represents a 4.1% increase over the previous fiscal year.

NIGC said that all of its administrative regions experienced positive revenue growth in fiscal 2018. The Portland Region featured the highest growth with an 8.2% increase and the Oklahoma City region registered a 7.3% growth.

“These numbers reaffirm the industry’s health as a stable economic driver for Indian Country,” NIGC Vice Chair Kathryn Isom-Clause said.

“The annual GGR tells a positive story about Indian gaming’s economic success and the industry’s ongoing contribution to a strong economy. It also tells the story of how collaboration among tribes, industry and the regulatory communities can build a strong reputation for reliability and integrity in the GGR calculation,” Commissioner Simermeyer said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.