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

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

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

Harrah’s Resorts SoCal is merely exemplory instance of a joint-venture from a tribal operator and a Vegas casino company that provides a style of Vegas across the Nevada edge.

The growth that is biggest, 12 months over 12 months, 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 US, growing 4.4 percent to $2.9 billion.

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

Tribes Thinking Big

Well, not so much to Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it is really likely having a negative effect on the north Las vegas, nevada sector and also the Reno and Laughlin markets in particular, forcing those cities to rethink their approach.

Bo Bernhard, executive director of UNLV’s International Gaming Institute, believes 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 Continue reading “Tribal Gaming Growth Hurts Laughlin and Reno, But Vegas Still Bulletproof, Says Analyst”