IGA MY Board Book 2022

Impact Overview

REVENUES In 2021, the Tribal gaming sector of the economy did $38.7 billion in gambling revenues and $4.6 billion in ancillary revenues for a total of $43.3 billion in total revenues. The National Indian Gaming Commission (NIGC) reported $27.8 billion in gambling revenues in 2020. This represents a 39.2% increase from the previous year, when compared to what the Dupris Consulting Group has estimated for IGA in 2021. Because Ancillary revenues are not tracked by NIGC, the Dupris Consulting Group was not able to calculate a growth percentage to what NIGC would have reported. However, the Dupris Consulting Group has estimated that the growth in ancillary revenues from 2020 to 2021 rose 30.9%. OUTPUT In the current period, Indian Gaming generated significant economic activity which had an overall economic output of $91.9 billion. This represents an economic output of $25.8 billion on the reservation, where all Tribal casinos are located and an economic output of $66.1 billion off the reservation.

The Dupris Consulting Group, LLC was asked to provide IGA the primary numbers identifying the economic impacts of Indian Gaming for the year 2021. 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 2021, were measured at $91.9 billion in total economic output, and provided 252,702 jobs on the reservation and 419,666 off the reservation. The total 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 . Indian gaming spending allocations and assumptions have been updated using a blend of Dupris Consulting Group ’s empirical data collection and empirical financial metrics provided by Wipfli, LLP, in “ The Indian Gaming Cost of Doing Business Rep ort,” for 2022.

INDIAN GAMING REVENUES IN 2021

Gross Gaming Revenues

$

38,750,177,775

Ancillary Revenues (Hotels, Food & Beverage, Entertainment, etc..)

$

4,556,654,965

Total Gaming & Ancillary Revenues

$

43,306,832,740

Source: Dupris Consulting Group, LLC

The Nationwide Economic Impact of Indian Gaming

7

Made with FlippingBook - Online catalogs