NIGC Reports Indian Gaming Revenue for 2003
14 July 2004
WASHINGTON, DC – (PRESS RELEASE) -- National Indian Gaming Commission Chairman Phil Hogen announced today that national 2003 gross gaming revenues for Indian gaming facilities topped $16.7 billion, an increase of $2 billion or 13.7 percent over 2002 gross gaming revenues.
"The Indian gaming industry has grown significantly and steadily throughout the past decade," said Chairman Hogen. "This growth has allowed tribes to create jobs, develop economically, build infrastructure within their communities and provide services for tribal members."
The $16.7 billion figure is based on audited financial statements received by the National Indian Gaming Commission (NIGC) for gaming operations with fiscal years ending in 2003. The figure is based on statements received by June 30, 2004.
Additionally, the NIGC has broken-down the $16.7 billion by the agency's six regions. Region III, which includes California, accounted for approximately 50 percent of the total increase in revenues. Region III revenues increased by almost 28 percent for the year compared to 9 percent for the other regions.
In addition to regional information, the NIGC has provided a historical comparison between facilities based on ranges of 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 since 1995.