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Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst

Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst

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

Harrah’s Resorts SoCal is simply example of a joint-venture from a operator that is tribal a Vegas casino business that provides a taste of Vegas throughout the Nevada edge.

The growth that is biggest, 12 months 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 revenue that is fourth-best in the US, 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 regarding the Silver State’s casino sector? Is tribal gaming a hazard to Nevada?

Tribes Thinking Big

Well, not really much to Las Vegas, gaming analysts told the Las Vegas Review-Journal this week, but it is extremely likely having a negative impact on the north Las Vegas sector therefore the Reno and Laughlin areas in specific, forcing those cities to rethink their approach.

Bo Bernhard, executive director of UNLV’s International Gaming Institute, thinks that the Laughlin and Reno markets have certainly been adversely affected by competition from Indian gaming properties, which are actually matching their commercial counterparts ou Continue reading Tribal Gaming Growth Hurts Laughlin and Reno, But Las Vegas Still Bulletproof, Says Analyst