Rebecca Liggero talks to economist and Nathan Associates’ Principal Economist Alan Meister as he talks about Indian Gaming Revenue.
Dr. Alan Meister is an economist specializing in the application of economic analysis to litigation, regulatory, public policy, and strategic business matters. Dr. Meister has extensive experience analyzing economic issues related to the gaming industry, including Indian gaming, commercial casinos, racinos, card rooms, and online gaming.
He is also the author of the Indian Gaming Industry Report, a comprehensive, up-to-date study of Indian gaming available, providing a wide array of nationwide and state-by-state data and analyses.
On a nationwide basis, gaming revenue at Indian gaming facilities grew 1.3 percent to $26.7 billion. This growth overcame Indian gaming’s first-ever decline of 1 percent in 2009 and marks a turnaround after four straight years of slower growth.
“In 2012, Indian gaming grew at 2% growth rate. That’s the growth of the gaming revenue alone. Now it’s a liitle bit slower than commerial casinos and racinos but still the third year positive growth since the first year of decline which is in 2009.”
According to Dr. Meiser, 43% of U.S. gaming total revenue comes from Indian gaming, almost equal to commercial casinos.