Indian Gaming 2022 Annual Report Digital.pdf

Impact Overview The Dupris Consulting Group, LLC was asked to provide the National Indian Gaming Association with the primary numbers identifying the economic impacts of Indian Gaming wages and operating expenses for the year 2020. This is done to show how Indian gaming not only impacts the Indian Reservation economies by providing needed jobs and funding for social programs but how it impacts other sectors of the national economy such as Agriculture, Manufacturing, Trade, Service, and Government. As stated above, these impacts in 2020, were measured at $36.3 billion in total economic output and provided 205,570 jobs off the reservation. The t otal numbers of FTE’s/direct gaming & ancillary jobs have been updated using a combination of Dupris Consulting Group’s empirical data collection and survey data sets provided by Casino City Press. To determine the early declines in casino employment caused by COVID-19, and eventual employment rise in the later part of 2020 at Tribal casinos, the U.S. Bureau of Labor Statistics “Current Employment Statistics (CES) Program” was referenced for economic modeling in this study. The CES program produces detailed industry estimates of nonfarm employment, hours, and earnings of workers on payrolls. CES National Estimates produces data for the nation, and CES State and Metro Area produces estimates for all 50 States, the District of Columbia, Puerto Rico, the Virgin Islands, and about 450 metropolitan areas and divisions. Each month, CES surveys approximately 131,000 businesses and government agencies, representing approximately 670,000 individual worksites. Tribal gaming revenues and operating expenses have been updated using a blend of empirical financial metrics

p rovided by Wipfli, LLP, in “The Indian Gaming Cost of Doing Business Report,” for 2019, and Dupris Consulting Group’s empirical data collection for the past two decades, where they have been providing economic research to the National Indian Gaming Association since 2001 and conducting their “Annual Economic Impact of Indian Gaming in the United States.” Other important resources used in analyzing the impacts that COVID-19 had on Tribal gaming was the research that the Bureau of Economic Analysis (BEA) conducted measuring the effects of the COVID-19 pandemic on consumer spending using card transaction data. Overall, the BEA found large effects of the pandemic on sectors such as accommodations and restaurants, which by the second week of March, showed declines of around 80 percent and 70 percent, respectively. The method used to produce the card spending data series was first developed by the staff at the Board of Governors of the Federal Reserve System, along with data scientists from Palantir, a technology company specializing in managing and analyzing big data. The result of applying the methodology of Aladangady and others (2019) is a stable series of card spending intended to be representative at both the national and state levels and for each industry. The series have been shown to be highly correlated to national retail trade categories, restaurants, and lodgings.

26 INDIAN GAMING - ANNUAL REPORT 2022

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