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Tribal Gaming Revenue Plunges

Tribal Gaming Revenue Plunges

Gross gaming revenues for fiscal 2020 totaled $27.8 billion for tribal gaming, a decline of 19.5 percent compared to fiscal 2019, according to the annual report from the National Indian Gaming Commission. The losses were primarily attributed to the impacts of Covid-19.

Tribal gross gaming revenue for fiscal 2020 totaled $27.8 billion, a drop of 19.5 percent compared to fiscal 2019, according to a report recently released by National Indian Gaming Commission Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland.

Simermeyer said the decrease in revenue was not unexpected, and the Covid-19 pandemic was primarily to blame. “Every year, the annual GGR figure tells a story about Indian gaming’s successes, contributions to Indian communities and economic impacts,” he said. “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.”

Simermeyer said every NIGC administrative region experienced a GGR decline of more than 13 percent in fiscal 2020 (see graphic). The Rapid City Region posted the largest decrease of 36.6 percent.

The GGR figure is an aggregate of revenue from 524 independently audited financial statements from 248 federally recognized tribes across 29 states.

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