
The National Indian Gaming Commission reported this week that America’s tribal video gaming operators collectively generated $31.2 billion in gross gaming revenue, a 4.4 percent increase over 2015.
Harrah’s Resorts SoCal is just example of a joint-venture from a operator that is tribal a Vegas casino company that delivers a style of Las Vegas over the Nevada edge.
The biggest development, year over 12 months, 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 enhance in the US, growing 4.4 percent to $2.9 billion.
It’s clear Indian casinos in states bordering Nevada are enjoying health that is robust but what impact is this having on the Silver State’s casino sector? Is tribal gaming a hazard to Nevada?
Tribes Thinking Big
Well, not so much to Las Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it’s really likely having an effect that is negative the north Las vegas, nevada sector and the Reno and Laughlin areas in particular, forcing those cities to rethink their approach.
Bo Bernhard, executive director of UNLV’s International Gaming Institute, thinks that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian gaming properties, which are now actually matching their commercial counter Continue reading