Casino Wages and Operation Impact Tribal Gaming Wages
Wages paid to employees of Tribal government gaming and its ancillary businesses in 2020 amounted to $7,073,829,893. Through its PPP loan programs, the federal government funded Tribal casinos an additional $2,395,008,669. The PPP loans were provided to keep casino employees on the payroll when COVID-19 was forcing casinos to close and lay off significant numbers of their workers.
Although wages continued to be paid to Tribal casino employees at a reduced cost, they were supported by payments made through the PPP loan program that maintained their spending levels in the economy. What was impacted was job generation, which we see fall significantly when comparing 2020 job impacts to 2019. As reported by the U.S. Bureau of Labor Statistics, at the start of the COVID-19 pandemic in 2020, annual average employment fell by about 1 worker per establishment over the year across all private industries in the United States. Casino hotels had the largest decrease among all private industries, losing an average of 263 jobs per establishment. That was 3.5 times greater than the industry with next largest job loss, amusement, and theme parks. That industry lost 75 jobs per establishment on average in 2020. Some industries gained jobs in 2020. Warehouse clubs and supercenters had the largest increase among private industries. Employment at the average warehouse clubs and supercenters establishment increased by 19 jobs in 2020. Second highest was general warehousing and storage, which added 16 jobs per establishment during 2020. Although, Tribal casino employees maintained their spending levels in the economy, the impacts of COVID-19 on the number of jobs generated in 2020 declined (16,548). As for labor income, it was slightly up at $420,091,415. Value added was up too, at $196,207,913 and output came in marginally up $892,749,611 when compared to 2019.
2020 Impacts In total, $9,468,838,562 was paid to casino employees in 2020. As these employees spent their disposable incomes in the economy, another 71,081 jobs were generated, $4,642,371,235 in labor income created, $7,669,480,269 in value-added, and produced an overall economic output of $13,636,555,276.
Impact
Employment
Labor Income Value Added
Output
Direct
- -
- -
- -
- -
Indirect Induced
71,081 71,081
4,642,371,235 7,669,480,268 13,636,555,275 4,642,371,235 7,669,480,268 13,636,555,275
Total Effect
2019 Impacts Wages paid to employees of tribal government gaming and its ancillary businesses in 2019 amounted to $9,571,903,976 and employment resulting from casino and ancillary business employees spending their disposable incomes generated another 87,629 jobs, $4,222,279,820 in labor income, $7,473,272,356 in value added and produced an overall economic output of $12,743,805,665.
Impact
Employment
Labor Income Value Added
Output
Direct
- -
- -
- -
- -
Indirect Induced
87,629 87,629
4,222,279,820 7,473,272,356 12,743,805,665 4,222,279,820 7,473,272,356 12,743,805,665
Total Effect
32 INDIAN GAMING - ANNUAL REPORT 2022
Made with FlippingBook - Online catalogs