Indian Gaming 2022 Annual Report Digital.pdf

Rapid City Region In 2020, the Tribal gaming revenues in the four states that represent the region, North Dakota, South Dakota, Montana, and Wyoming was $277.2 million, down (26.4%) against the prior year, due to the impact that COVID-19 had in the region. Rapid City ($’s/Thousands) 2017 - 2022 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $5,000,000 - ( $5,000,000) 2017 2018 2019 2020 $363,257 2.7% $368,601 1.5% $376,487 2.1% $277,232 -26.4%

activity when measuring the wages that were paid to Tribal gaming employees and what casinos spent in operating expenses. In 2020, the region recorded an overall economic output of $823.3 million. This represents an economic output of $306.7 million on the Indian reservations where their gaming enterprises are located and an economic output of $516.6 million off the reservation. The initial output that is generated on the Indian reservation comes from the wages being paid to all casino employees and the net income that the casino makes after paying for all its operating expenses. In total, $190,502,548 was paid to casino employees in 2020. As these employees spent their disposable incomes in the economy, another 1,430 jobs were generated, $93,399,369 in labor income created, $154,301,451 in value added, and produced an overall economic output of $274,352,394.

Regional Statistics in 2020 • Number of Indian Casinos – 42

Impact

Employment Labor Income Value Added Output

• Casino Type – Land-Based Casinos • Pre COVID-19 Pandemic Jobs – 5,900 • Casino Closures in April 2020 Jobs – 590 • Casino Jobs in December 2020 – 5,180 • In 2019, $169.5M in Operating Expenses • In 2020, $122.7M in Operating Expenses

Direct

- -

- -

- -

- -

Indirect Induced

1,430 1,430

$93,399,369 $154,301,451 $274,352,394 $93,399,369 $154,301,451 $274,352,394

Total Effect

In 2020, Tribal gaming enterprises and their ancillary businesses engaged in purchases of goods and services for their operations saw overall employment gains of 1,415 jobs, $85,956,770 in labor income, $141,146,696 in value added and produced an overall economic output of $242,260,727.

At the start of 2020, Tribal gaming operations and ancillary facilities in the Rapid City region supported 5,900 ongoing direct jobs. As the coronavirus spread and Tribal casinos started to close in March, the operations ongoing jobs number fell to 590. This represented a drop of (90%). As the region’s casinos started to reopen, the number of jobs coming back increased to 5,180 at the end of December. Although COVID-19 disrupted Tribal gaming in many ways, the Phoenix region still generated significant economic

Impact

Employment Labor Income Value Added Output

Direct

685 301 430

$36,164,228 $60,825,465 $98,142,085

Indirect Induced

$22,137,723 $27,654,818 $85,956,770

$33,395,905

$60,738,461

$46,925,326 $83,380,181 $141,146,696 $242,260,727

Total Effect

1,415

INDIAN GAMING - ANNUAL REPORT 2022 39

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