Gaming Revenue Increased in 2023

Saturday, June 29th, 2024 -- 9:42 AM

(Alyssa Salcedo, Green Bay Press-Gazette) -Tribal gaming revenue hit $41.9 billion nationwide in 2023, setting a record, according to the National Indian Gaming Commission.

The record-breaking amount was announced Thursday during the Wisconsin Gaming Regulators Association summer conference at the Oneida Hotel. The 527 independently reviewed and audited financial statements, submitted by 245 tribes across 29 states, were all combined to produce the 2023 Fiscal Year Gross Gaming Revenue Report, according to Sharon M. Avery the acting chairwoman of the National Indian Gaming Commission. The gross gaming revenue report showed that gaming revenue brought in $1 billion more than in 2022. This broke the overall record from previous years, showing a steady increase since the drop in revenue during the COVID-19 pandemic.

“This is very encouraging news as operations continuing to emerge from the pandemic. We are further happy to report that all eight regions showed an increase" over the 2022 fiscal year, Avery said. “It is important to note that the year over year GGR change by region should not be used as a direct indicator of the local economy in any specific region.” Of the $41.9 billion, $5.1 billion came from the St. Paul region, which includes Wisconsin. That was a 2.8% increase from the previous year, the report shows.

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