Chairman Jonodev Osceola Chaudhuri, Vice Chair Kathryn Isom-Clause and Associate Commissioner Sequoyah Simermeyer of the National Indian Gaming Commission released the Fiscal Year 2017 Gross Gaming Revenue (GGR) amount, which saw an increase of 3.9 percent over 2016, totaling $32.4 billion.
The FY 2017 revenues are calculated from the independently audited financial statements of 494 gaming operations, owned by 242 federally recognized tribes. The GGR for an operation is the amount wagered minus winnings returned to players. It represents earnings before salaries, tribal-state compacts, and operating expenses.
The consistent growth of the Indian gaming industry year after year shows how well tribes run and regulate complicated operations. By staying in its regulatory lane and supporting tribes as the primary regulators, the NIGC has supported the Indian gaming industry's entrepreneurial spirit and self-determination goals.
"All of Indian Country has worked very hard to maintain a flourishing and constantly growing gaming industry," said Chaudhuri. "The successes of Indian gaming in the 30 years since IGRA prove that the foundational principles of federal Indian law should remain at the forefront of any future public policy discussions," he said.
For information, visit the National Indian Gaming Commission website.