NIGC Announces Indian Gaming Revenue for 2004

For Immediate Release ~ July 13, 2005
Contact: Shawn Pensoneau ~ (202) 632-7003

Washington, DC  – National Indian Gaming Commission (NIGC) Chairman Phil Hogen announced today that 2004 gross gaming revenues for Indian gaming facilities nationwide are $19.4 billion, an increase of $2.6 billion or 15.3 percent over 2003 gross gaming revenues.

"The Indian gaming industry continues to grow at a steady pace," said Chairman Hogen.  "This growth has allowed tribes to create jobs, continue economic development opportunities, build much needed infrastructure within their communities and provide services for their members."   This industry also continues to provide jobs and opportunities for surrounding communities.

The $19.4 billion figure is based on audited financial statements received by the National Indian Gaming Commission for the 2004 fiscal year. 

Additionally, the NIGC has broken down the $19.4 billion by the agency's six regions.  Region V, which consists of Kansas, Oklahoma and Texas, reported a 43 percent increase in revenues over 2003 figures, which was the largest regional growth.

In addition to regional information, the NIGC has provided a historical comparison between facilities based on gaming revenue.   Prior year numbers have been adjusted to reflect audit reports received subsequent to June 30 of the reporting year.  Attached are two charts providing this data and a bar graph illustrating the growth in Indian gaming dating back to 1995.

The NIGC is an independent regulatory agency established within the Department of the Interior pursuant to the Indian Gaming Regulatory Act of 1988.

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National Indian Gaming Commission
Tribal Gaming Revenues (in thousands) by Region
Fiscal Year 2004 and 2003

 

     Fiscal Year 2004

     Fiscal Year 2003

               Increase (decrease)

 

Number of

Gaming

Number of

Gaming

Number of

Gaming

Revenue

 

Operations

Revenues

Operations

Revenues

Operations

Revenues

Percentage

Region I

44

1,601,346

46

1,441,488

(2)

159,858

11.1%

Region II

52

5,788,332

54

4,699,889

(2)

1,088,443

23.2%

Region III

43

2,133,116

43

1,898,522

0

234,594

12.4%

Region IV

117

3,815,763

109

3,597,005

8

218,758

6.1%

Region V

84

1,248,089

82

867,088

2

381,001

43.9%

Region VI

27

4,820,864

24

4,322,134

3

498,730

11.5%

Totals

367

19,407,510

358

16,826,126

9

2,581,384

15.3%

Source:  Complied from gaming operation audit reports received and entered by the NIGC

                through July 7, 2005.

         
               

Region I

Alaska, Idaho, Oregon, and Washington

     

Region II

California, and Northern Nevada

       

Region III

Arizona, Colorado, New Mexico, and Southern Nevada

   

Region IV

Iowa, Michigan, Minnesota, Montana, North Dakota, Nebraska,

   
 

South Dakota, and Wisconsin

       

Region V

Kansas, Oklahoma, and Texas

       

Region VI

Alabama, Connecticut, Florida, Louisiana, Mississippi,

   
 

North Carolina, and New York

       
           

National Indian Gaming Commission Tribal Gaming Revenues

 

Number of

Revenues

Percentage of

 

Mean

Median

Gaming Revenue Range

Operations

(in thousands)

Operations

Revenues

(in thousands)

(in thousands)

Gaming operations with fiscal years ending in 2004

       

$250 million and over

15

7,200,911

4.1%

37.1%

480,061

376,449

$100 million to $250 million

40

6,277,698

10.9%

32.3%

156,942

155,160

$50 million to $100 million

33

2,240,010

9.0%

11.5%

67,879

67,233

$25 million to $50 million

60

2,144,497

16.3%

11.0%

35,742

33,391

$10 million to $25 million

68

1,122,554

18.5%

5.8%

16,508

15,924

$3 million to $10 million

57

344,352

15.5%

1.8%

6,041

5,913

Under $3 million

94

77,488

25.6%

0.4%

824

530

Total

367

19,407,510

       

Gaming operations with fiscal years ending in 2003

       

$250 million and over

11

5,381,204

3.1%

32.0%

489,200

343,230

$100 million to $250 million

32

5,333,377

8.9%

31.7%

166,668

163,916

$50 million to $100 million

35

2,459,698

9.8%

14.6%

70,277

65,416

$25 million to $50 million

57

2,040,711

15.9%

12.1%

35,802

35,219

$10 million to $25 million

69

1,170,169

19.3%

7.0%

16,959

16,741

$3 million to $10 million

57

350,398

15.9%

2.1%

6,147

5,819

Under $3 million

97

90,569

27.1%

0.5%

934

523

Total

358

16,826,126

       

Gaming operations with fiscal years ending in 2002

       

$250 million and over

10

4,640,064

2.9%

31.5%

464,006

302,298

$100 million and over

31

4,870,596

8.9%

33.1%

157,116

150,174

$50 million to $100 million

24

1,694,606

6.9%

11.5%

70,609

68,225

$25 million to $50 million

55

1,978,519

15.8%

13.4%

35,973

38,984

$10 million to $25 million

65

1,067,513

18.6%

7.3%

16,423

16,570

$3 million to $10 million

63

386,399

18.1%

2.6%

6,133

5,373

Under $3 million

101

79,965

28.9%

0.5%

800

469

Total

349

14,717,662

       

Gaming operations with fiscal years ending in 2001

       

$100 million and over

39

8,398,523

11.8%

65.5%

215,347

158,836

$50 million to $100 million

19

1,415,755

5.8%

11.0%

74,513

79,083

$25 million to $50 million

43

1,528,611

13.0%

11.9%

35,549

34,264

$10 million to $25 million

58

997,546

17.6%

7.8%

17,199

16,328

$3 million to $10 million

57

385,654

17.3%

3.0%

6,766

7,292

Under $3 million

114

96,257

34.5%

0.8%

844

575

Total

330

12,822,346

       

Gaming operations with fiscal years ending in 2000

       

$100 million and over

31

6,606,284

10.0%

60.3%

213,106

141,684

$50 million to $100 million

24

1,693,510

7.7%

15.5%

70,563

73,314

$25 million to $50 million

41

1,360,777

13.2%

12.4%

33,190

29,944

$10 million to $25 million

50

856,464

16.1%

7.8%

17,129

17,335

$3 million to $10 million

55

350,110

17.7%

3.2%

6,366

6,250

Under $3 million

110

91,545

35.4%

0.8%

832

365

Total

311

10,958,690

       

Source: Complied from gaming operation audit reports received and entered by the NIGC through 7/7/05.


 

Growth in Indian Gaming
Source:  National Indian Gaming Commission
Revenues (in millions)

  

1441 L. Street NW Suite 9100, Washington DC 20005   Tel.: (202) 632-7003   Fax: (202) 632-7066    Email: info@nigc.gov