The nationwide Indian Gaming Commission reported this week that America’s tribal gaming operators collectively generated $31.2 billion in gross gaming income, a 4.4 percent increase over 2015.
Harrah’s Resorts SoCal is merely example of a joint-venture from a tribal operator and a Vegas casino company that supplies a flavor of Vegas over the Nevada edge.
The growth that is biggest, year over 12 months, for tribal gaming nationwide was the Sacramento, California region, with an increase of 6.3 percent to $8.4 billion. Meanwhile, the Phoenix region exhibited fourth-best revenue enhance in america, growing 4.4 percent to $2.9 billion.
It’s clear Indian casinos in states bordering Nevada are enjoying robust health, but what impact is this having in the Silver State’s casino sector? Is tribal gaming a threat to Nevada?
Tribes Thinking Big
Well, not so much to Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it’s really likely having a negative effect on the north Las Vegas sector while the Reno and Laughlin areas in particular, forcing those cities to rethink their approach.
Bo Bernhard, executive manager of UNLV’s International Gaming Institute, believes that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian gaming properties, which are actually matching their commercial counterparts outside of Vegas when it comes