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

Harrah’s Resorts SoCal is exemplory instance of a joint-venture from a operator that is tribal a Vegas casino company that delivers a flavor of Vegas throughout the Nevada edge.

The biggest growth, year over year, 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 fourth-best revenue enhance in america, 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 in the Silver State’s casino sector? Is tribal gaming a threat to Nevada?

Tribes Thinking Big

Well, not really 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 plus the Reno and Laughlin areas in specific, forcing those cities to rethink their approach.

Bo Bernhard, executive manager of UNLV’s International Gaming Institute, believes that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian gaming properties, which are actually matching their commercial counterparts outside of Vegas with Leer más