Resilient Tribal casinos still suffered 20 revenue decrease to 27 8bn for 2020

Tribal gross gaming revenue (GGR) for 2020 fell to $27
Resilient  Tribal casinos still suffered 20  revenue decrease to  27 8bn for 2020

Tribal receipts gaming revenue (GGR) for 2020 fell to $27.8bn in the US, unsuprisingly presumption the impacts of the Covid-19 pandemic and related cassino shutdowns.

What is perhaps surprising, however, is the fact revenue only cut down 20% presumption the closures and subsequent societal distancing measures that were enforced.

Tribes' "resilience" has been praised, although in that respect is open up acknowledgement that 2020's results experience completely bucked the trend of year-on-year maturation for tribal casinos.

National Indian Gaming Commission Chairman E. Sequoyah Simermeyer said: "This GGR was expected; the terra incognita was just now how practically of an wallop Covid-19 had on Native American gaming. Every year, the yearbook GGR fig tells a story virtually Red Indian gaming’s successes, contributions to Amerind communities, and economical impacts.

"This was highlighted even out to a greater extent during the pandemic. Nevertheless, tribes were on the head of creating standards, developing new safety protocols, and sharing biotic community resources. I foresee this minify as only when a temporary setback for Red Indian gaming."

The largest individual geographical fall came inwards the Rapid City Region, where GGR felled seam by 37%. Overall US information was taken from a tot of 524 severally audited financial statements from 248 federally recognised tribes across 29 states.

Vice Chair Jeannie Hovland added: “Despite the limits and uncertainness of the last-place year, it is important to centering on the sacrifices of and economic sanctuary provided past tribes and the biotic community impacts.

"Tribal gaming has shown resiliency and commitment, and continues to make grow new roadstead to economic stability. i seem frontwards to seeing Indian gaming bear on to Pb the path inwards efforts to lose weight the economic wallop of the Covid-19 pandemic."

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