Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst

Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst

The National Indian Gaming Commission reported this week that America’s tribal gaming operators collectively generated $31.2 billion in gross gaming income, a 4.4 percent increase over 2015.

Harrah’s Resorts SoCal is example of a joint-venture from a operator that is tribal a Vegas casino business that delivers a taste of Las Vegas throughout the Nevada border.

The growth that is biggest, 12 months over year, for tribal gaming nationwide was the Sacramento, California region, with an increase of 6.3 percent to $8.4 billion. Meanwhile, the Phoenix region exhibited revenue that is fourth-best in the usa, growing 4.4 percent to $2.9 billion.

It’s clear Indian casinos in states bordering Nevada are enjoying health that is robust but what impact is this having in the Silver State’s casino sector? Is tribal gaming a danger to Nevada?

Tribes Thinking Big

Well, not really much to Las Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it is extremely likely having a negative impact on the north Las Vegas sector therefore the Reno and Laughlin areas in particular, forcing those cities to rethink their approach.

Bo Bernhard, executive director of UNLV’s International Gaming Institute, thinks that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian video gaming properties, which are now actually matching their commercial counterp 继续阅读“Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst”