Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

REPORT: Indian Gaming Revenues Decreased 19.5% in 2020

 

August 18, 2021

Four Winds Casino - South Bend (Photo/Native News Online)

OKLAHOMA CITY - The voluntary closures of Indian gaming casinos during the early days of the Covid-19 pandemic contributed to a severe hit in gaming revenues last year. Figures released today by the National Indian Gaming Commission (NIGC) revealed gross gaming revenue (GGR) for fiscal 2020 of $27.8 billion - a steep decline from fiscal 2019.

The reduction in gaming revenue was revealed today by the NIGC's Indian Gaming Commission's Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland during the Oklahoma Indian Gaming Association Conference in Oklahoma City, Okla. Last year was the first year since 2006 there was a decrease in GGR for Indian gaming casinos, according to the report.

During FY 2019, gross gaming revenue was $34.6 billion. The figures released Tuesday reflect a decline of gross gaming revenue of $6.7 billion, a decrease of 19.5 percent.

https://nativenewsonline.net/currents/report-indian-gaming-revenues-decreased-19-5-in-202

 

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