Jun
16
2010
The NIGC's annual report of tribal gaming revenue indicated that the industry held steady in 2009 with $26.5 billion in revenue, down only slightly from $26.7 billion in 2008. The report also indicates that some other features of the industry have held relatively constant. The top revenue earners continue to dominate industry profits, with 5% of operations earning nearly 40% of total industry revenue. These are the heavy hitters, with revenues exceeding $250 million annually. On the other end of what we call the spectrum of success are the operations with modest-at-best profits: 55% of operations earn only 7% of the industry's total revenue. These are casinos earning less than $25 million each year, often just enough to keep the doors open, provide jobs, and g