NIGC PRESS RELEASE
2014 INDIAN GAMING REVENUES INCREASE 1.5 PERCENT
Indian gaming continues to be a stable source of tribal economic development
WASHINGTON, July 23, 2015 --Today Jonodev O. Chaudhuri, Chairman of the National Indian Gaming Commission, released data showing revenues generated by the Indian gaming industry in 2014 totaled $28.5 billion, marking the fifth consecutive year of growth of gross gaming revenues (GGR) since 2009.
"Overall, the Indian gaming industry remains stable. Stability comes from solid operations, strong tribal management, and effective regulation by the Indian gaming's regulatory community, which includes the NIGC and more than 5,400 tribal regulators," said Chaudhuri. "Sound regulation is an essential pillar of support for the critical avenue of self-sufficiency and self-determination that Indian gaming has proven for so many tribal nations. Sound regulation preserves public confidence, protects tribal assets, and promotes a safe and fair environment for all people who interact with the industry."
The 2014 GGR of $28.5 billion represents a 1.5 percent growth in revenue from the 2013 GGR of $28 billion. Overall in 2014, 72 percent of operations showed moderate year-over-year changes. Of the operations that reported an increase in revenue, approximately 68 percent showed moderate growth. There was a net of ten new Indian gaming operations added is 2014. Table 1 shows the Indian gaming revenue trends over the past ten years.
The National Indian Gaming Commission is an independent regulatory agency established within the Department of the Interior pursuant to the Indian Gaming Regulatory Act of 1988
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