Indian Casinos Rake In $25 Billion in 2006
WASHINGTON, D.C. — Indian casino gambling pulled in $25 billion in 2006, 11 percent more than the year before. Federal figures announced Monday, compiled from 387 tribal facilities in 28 states, show Indian gambling revenue has nearly doubled in five years.
Indian casinos brought in $12.8 billion from gambling in 2001, $22.5 billion in 2005 and $25.1 billion in 2006, according to the National Indian Gaming Commission.
“The continued growth is eye-opening considering the tribal gaming industry is still relatively young,” said commission Chairman Phil Hogen.
There are 415 Indian gambling facilities nationwide operated by more than 200 tribes.
Indian casinos are not required to report their profits, and most do not disclose that information, so it’s not possible to determine the tribes’ net income.
Tags: Indian Casinos, Casino Earnings Report
