Tag Archives: Indian gaming
US – Indian gaming generates best revenue increase this decade
The National Indian Gaming Commission (NIGC) released data showing revenues generated by the Indian gaming industry in 2015 totalled US$29.9bn. After six years of modest, but stable growth, the five per cent increase in GGR from 2014 is the largest increase in 10 years. Chairman Jonodev Osceola Chaudhuri, Vice Chair Kathryn Isom-Clause, and Associate Commissioner…
US – Indian gaming up to 43.5 per cent of all North American casino revenue
Indian gaming generated 43.5 per cent of all US casino gaming revenue in 2014, growing by approximately two per cent in 2014 to an all-time high of approximately $28.9bn. In calendar year 2014, there were 243 Native American tribes operating nearly 352,000 gaming machines and nearly 7,800 table games in 489 gaming facilities across 28…
US – Wa She Shu Casino opens in Nevada
The Washoe Tribe has opened its first gaming facility, the Wa She Shu Casino, on Highway 395 just north of Garnerville. The casino, whose name means “The People’s Place”, is the result of a unique tribe-to-tribe business relationship between the Washoe Tribe of Nevada and California, and the Poarch Band of Creek Indians of Atmore,…
US – Indian Gaming Associations team up for ICE
The National Indian Gaming Association (NIGA) and Victor Rocha, editor of Pechanga.net, in collaboration with the Arizona Indian Gaming Association (AIGA), and Oklahoma Indian Gaming Association (OIGA), have combined forces to seek new business opportunities in Europe at the upcoming ICE Totally Gaming tradeshow. Additionally, NIGA, AIGA, and OIGA will present an informative seminar series…
US – Pechanga kick starts $285m resort expansion
The Pechanga Band of Luiseno Indians held a ceremonial ground breaking on its much anticipated $285m resort expansion. Tribal officials gathered around a circular mound of dirt near the property’s hotel entrance and sunk their gold-gilded shovels into the ground as Tribal Members, local officials, the media and resort management looked on and cheered. When…
US – Texas tribes given green light for bingo facilities
The US Department of Interior (DOI) and the National Indian Gaming Commission (NIGC) have given the green light for the Alabama-Coushatta Tribe of Texas to open a Class II gaming facility on tribal lands in accordance with the Indian Gaming Regulatory Act. Class II includes bingo and electronic versions of bingo whilst Class III refers…
US – Five years of growth sees tribal gaming top US$28bn
The Indian casino market in the United States has reported five years of year-on-year growth with its 2014 figures coming in at US$28.5bn according to figures National Indian Gaming Commission. Jonodev Chaudhuri, Chairman of the National Indian Gaming Commission, said: “Overall, the Indian gaming industry remains stable. Stability comes from solid operations, strong tribal management,…
US – Seneca Gaming to be debt-free by 2019
In a move that further strengthens the long-term financial future of one of the gaming industry’s strongest operators, Seneca Gaming Corporation has successfully closed on a new $424m credit facility for purposes of refinancing its existing $325m in 8-1/ four per cent senior notes and the remaining $43.8m of a term loan under its former…
US – Chukchansi Gold Casino ordered to close
The National Indian Gaming Commission has issued an order closing the Chukchansi Gold Casino as of October 27, 2014 because of failures to submit audits and financial statements by the past Tribal Councils and Tribal Gaming Commissions headed by former Tribal leaders Reggie Lewis, Nancy Ayala and Chance Alberta. Lewis, Ayala and Alberta led Councils…
