NEWTON, Massachusetts -- (PRESS RELEASE) -- Casino City Press has announced the release of the 2006-2007 Updated Edition of the "Indian Gaming Industry Report" -- the most comprehensive study of Indian gaming available -- authored by Dr. Alan P. Meister, an economist with Analysis Group, Inc., who has done extensive research and analysis on Indian gaming issues.
The "Report" provides updated 2005 nationwide and state-by-state statistics on this rapidly growing segment of the gaming industry, including gaming and non-gaming revenue, number of facilities, tribes, gaming machines, table games, market summaries, trends, and the fiscal impact of Indian gaming, including revenue sharing with state and local governments.
The report also includes comparisons across states, a historical perspective on Indian gaming, an examination of the reasons for Indian gaming's continued growth, comparisons of Indian gaming to commercial casinos and racinos, an economic impact analysis examining Indian gaming's contribution to the U.S. economy, a detailed breakdown of the fiscal benefits of Indian gaming, including revenue sharing revised historical numbers, and an analysis of Indian gaming's future.
Some key findings:
-- The growth of Indian gaming continued at a strong, steady pace of 15%.
-- The future of Indian gaming as a whole remains bright, despite
proposed legislative and regulatory changes.
-- Indian gaming growth was more than three times greater than that of
the commercial casino segment and 25% greater than that of the racino
segment.
-- Class II gaming states grew at a much faster pace than Class III
gaming states, while Class III gaming states still generated the lion's
share of revenue.
-- The top 5 states generated approximately 62% of total gaming revenue
at Indian gaming facilities.
-- Revenue sharing grew faster than gaming revenue at Indian gaming
facilities.
-- Indian gaming continued to make significant contributions to the U.S.
economy in terms of output, jobs, and wages.
Casino City's "Indian Gaming Industry Report" is relied upon by the gaming industry, other related industries, government/regulatory agencies, and the investment community, and is frequently cited by the press.
As was the case in previous years, this study continues to be the product of independent academic research and neither Dr. Meister nor Analysis Group was commissioned to do the study.
For more information and to order a copy of the report, visit www.CasinoCityPress.com.