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Arizona's Indian Casinos Set State's Revenue Record

Posted By Jeremy Hopkins | Wednesday, November 1, 2006 - 14:02
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Casinos in Arizona owned by Indian tribes continue to grow. The Arizona Department of Gaming reported on Tuesday that in the quarter that ended on September 30 they contributed more than $26.3 million to the state.

This contribution is a 15.4 percent increase this year, from $22.8 million in the same quarter in 2005. In all, casinos have contributed $235.5 million to the state in the three-plus years since Proposition 202 from 2003 allowed tribes to add blackjack and additional slot machines to their casinos. In exchange, the tribes agreed to open casino books to state auditors share between 1 percent and 8 percent of gaming winnings.

Casinos raked in about $1.7 billion in the fiscal year that ended March 31, growing from $1.3 billion in 2004, according to the Department of Gaming's annual report, released in September.

Arizona ranks third in the United States for tribal-casino revenue, according to a gambling industry report that was issued last summer. The state ranks behind California's $7.2 billion and Connecticut's $2.3 billion total revenues.

 


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