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National Indian Gaming Commission reports decline in tribal casino revenues

WASHINGTON, DC –- Today, National Indian Gaming Commission (NIGC) Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland released the Fiscal Year 2020 (FY 2020) overall Gross Gaming Revenue (GGR) figure. FY 2020 revenues totaled $27.8B, a decrease of 19.5% over FY 2019.

The COVID-19 pandemic impacted the FY 2020 GGR results. Unlike previous years, the NIGC administrative regions experienced a FY 2020 decline of more than 13% in GGR. The Rapid City Region experienced the largest decrease of 36.6%. Graphics are available for download on the NIGC website and highlight the decreases across all NIGC regions.

“This Gross Gaming Revenue decrease was expected; the unknown was just how much of an impact COVID-19 had on Indian gaming. Every year, the annual GGR figure tells a story about Indian gaming’s successes, contributions to Indian communities, and economic impacts. This was highlighted even more during the pandemic. Nevertheless, tribes were on the forefront of creating standards, developing new safety protocols, and sharing community resources. I foresee this decrease as only a temporary setback for Indian gaming,” Chairman Simermeyer said.

https://www.indianz.com/News/2021/08/17/national-indian-gaming-commission-reports-decline-in-tribal-casino-revenues/

 

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