The nationwide Indian Gaming Commission reported this that America’s tribal gaming operators collectively generated $31.2 billion in gross gaming revenue, a 4.4 percent increase over 2015 week.
Harrah’s Resorts SoCal is just example of a joint-venture from a operator that is tribal a Vegas casino company that provides a flavor of Vegas over the Nevada edge.
The growth that is biggest, year over year, for tribal gaming nationwide was the Sacramento, California region, with an increase of 6.3 percent to $8.4 billion. Meanwhile, the Phoenix region exhibited fourth-best revenue increase in the usa, growing 4.4 percent to $2.9 billion.
It’s clear Indian casinos in states bordering Nevada are enjoying robust health, but what impact is this having on the Silver State’s casino sector? Is tribal gaming a danger to Nevada?
Tribes Thinking Big
Well, not really much to Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it’s very likely having a negative impact on the north Las Vegas sector therefore the Reno and Laughlin markets in specific, forcing those cities to rethink their approach.
Bo Bernhard, executive director of UNLV’s International Gaming Institute, believes that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian video gaming properties, which are now matching their commercial counterparts outside of Las Vegas Read more “Tribal Gaming Growth Hurts Laughlin and Reno, But Vegas Nevertheless Bulletproof, Says Analyst”