Indian gaming revenues have more than rebounded from the free fall of the Covid-19 years. The National Indian Gaming Commission (NIGC) July 19 released figures showing that for FY 2022 Gross Gaming Revenue (GGR) was $40.9 billion, $1.9 billion (4.9 percent) higher than the year before.
This is a record high number; the highest in the history of Indian gaming.
NIGC Chairman E. Sequoyah Simermeyer and Vice Chairwoman Jeannie Hovland made the announcement on live TV.
The U.S. is divided into eight regions for Indian gaming purposes. Of those, seven showed an increase over the previous year, which was also a record-breaking year.
Simermeyer declared, “This year’s historic revenue reflects the resiliency of many tribal gaming operations, and how tribal gaming continues to rebound and remain strong. Tribal governments and the operations they license continue to explore new and innovative ways to expand and deliver world-class experiences to cultivate sustainable economies. Across Indian country, tribes pursue economic sustainability through gaming by relying on the robust regulatory reputation for which Indian gaming is well known, and made better when supported by efficient and effective measures.”
The revenues are taken from independently audited financial statements from 519 gaming operations in 29 states owned by 244 federally recognized tribes.
