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Research finds tribal gaming boosts US economy

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Research finds tribal gaming boosts US economy
Photo Source: variety.com
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The American Gaming Association (AGA) has published an exhaustive study that offers a detailed state-by-state analysis on the impact of tribal casinos on the economy. The major finding is that Tribal casinos boost the economy in general.

Meister Economic Consulting conducted the study, commissioned by AGA, on the economic and fiscal impacts of Class II and Class III tribal gaming on the U.S. and state economies.

Some of the other findings are the following:

  • California has the biggest volume of tribal gaming in terms of economic activity, jobs and tax payments. The casinos provide $20 billion to the Golden State’s economy, create 125,000 jobs and generate $3.4 billion in taxes and revenue share payments to all levels of government.
  • Oklahoma comes second. Tribal casinos create 75,000 jobs, generate $1.6 billion in taxes and revenue share payments and provide $9.6 billion to the state’s economy.
  • Florida is the third largest in terms of economic activity of Tribal gaming. Tribal casinos provide $6.1 billion to the state’s economy, create nearly 46,000 jobs and generate more than $1.1 billion in state, federal and local taxes and revenue share payments.
  • The upper Midwest is a hub of tribal gaming activity. Michigan, Minnesota and Wisconsin tribal casinos combined generated nearly $1.5 billion in state, local and federal taxes and revenue share payments, supported nearly 78,000 jobs and added $10.2 billion to the states’ economies.

“Tribal gaming operators are present in 28 states and create nearly half of all U.S. gaming revenue,” said Sara Slane, senior vice president of public affairs for the American Gaming Association. “This report details the widespread economic impact that tribal casinos have in states across the country, providing diverse career opportunities, supporting local businesses and generating tax revenue and revenue share payments for all levels of government.”

This is the second consecutive year that Meister Economic Consulting and the American Gaming Association have conducted a comprehensive study of the economic impact of tribal gaming. This data, in conjunction in previously released commercial gaming data from Oxford Economics, allows for a detailed state-by-state breakdown of casino gaming’s economic impact.

 

About the research:
On behalf of the American Gaming Association, Meister Economic Consulting measured the economic and fiscal impacts of Class II and Class III tribal gaming on the U.S. and state economies. The study relies on tribal gaming data that served as the basis for the 2018 Edition of the Indian Gaming Industry Report, including gaming revenue, non-gaming revenue (e.g., revenue from food and beverages, lodging, retail and entertainment) and gaming related revenue share payments by tribes to federal, state, and local governments (e.g., regulatory payments and local and state revenue sharing). Tribal gaming data used in this study are for calendar year 2016, the most current year for which they are available.

About AGA:
The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.

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.

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