The latest report from the National Indian Gaming Commission (NIGC) reveals some encouraging news for tribal gaming in the United States. In the fiscal year 2022, total gross gaming revenue reached an impressive $40.9 billion, showing a solid 4.9% increase compared to the previous year.
Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland presented these positive results, emphasizing the ongoing growth and potential opportunities in the sector. However, the NIGC advised against making quick conclusions when comparing different regions, as various factors like new gaming operations, renovations, expansions, and closures can influence annual performance.
Currently, there are 244 federally recognized tribes operating gaming facilities in 29 states. The Sacramento region took the lead in total gross gaming revenue, generating $11.9 billion from its 78 operations during FY2022. The D.C. region came second with $9 billion from 41 operations.
While most regions experienced a net gain in revenue comparing FY2021 to FY2022, Sacramento was the only one with a slight contraction of 1.4%. On the other hand, Phoenix saw the most significant increase, boasting a 15.7% gain and generating $3.7 billion in gross gaming revenue during FY2022.
Overall, these positive results highlight the continuous improvement in tribal gaming, offering potential benefits and growth opportunities for the communities involved.
