Such financial increase in gambling income of American Indian casinos is rather phenomenal because its rate climbs more than three times faster than traditional gambling operations according to the Indian Gaming Industry comprehensive Report on Indian gambling operation.
The figures speak for themselves since Indian gambling profits grew by 15.6 percent in 2005, even though no major casinos opened last year. It was the 10th consecutive year in which revenues increased by about 15 percent. How can we explain such extraordinaire success?
Overall, we can attribute the escalation to expanded offerings at existing casinos and excellent marketing, which attract more visitors to Las Vegas-style facilities. In addition, the nation's 420 Indian casinos are directly responsible for the equivalent of 310.000 jobs and about $10.5 billion in wages.
In California State, where fifty-five tribes operate fifty-seven casinos, the situation will not change drastically in line with economist's predictions. Last year, Nebraska was the leading state in terms of enlargement after adding a third casino and other attractive offerings at existing facilities. Only four states saw a decline in revenue: Alaska, Louisiana, Maine and South Carolina. If you would like to receive more information, please visit the site http://www.IndianGamingReport.com, which provides Indian Gaming Report.