Wednesday, February 16, 2005

Tribal Casino Revenues Surpass Nevada's

The Ventura County Star (registration required) has an AP Story on Indian gaming and their tremendous growth:

An excerpt:

Associated Press Writer

WASHINGTON (AP) -- Indian gambling pulled in $18.5 billion in 2004, nearly double the take for Nevada's gambling industry, as tribal casinos boomed ahead.

The 10 percent increase extended more than a decade of double-digit growth for the nation's Indian casinos, which have mushroomed since Congress passed a law creating the legal framework in 1988.

There now are 411 Indian casinos in the United States, operated by 223 tribes in 28 states. More than half the 341 federally recognized Indian tribes in the continental United States operate casinos.

Read the rest here.

I can attest to their increased revenues........Ha! Ha!

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