Reply With Quoteyeah they do, them suckas are ballers in the palm springs area, rollin all deep in their bmw's and mercedes benzos....
Indian casinos pull in record $25 billion
By ERICA WERNER/Associated Press
Monday, June 4, 2007 7:54 PM PDT
WASHINGTON - Indian gambling pulled in $25 billion in 2006, 11 percent more than the year before as the industry's explosive growth outpaced Las Vegas.
Federal figures announced Monday, compiled from 387 tribal facilities in 28 states, show Indian gambling revenue has nearly doubled in five years.
Indian casinos brought in $12.8 billion from gambling in 2001, $22.5 billion in 2005 and $25.1 billion in 2006, according to the National Indian Gaming Commission.
The continued growth is eye-opening considering the tribal gaming industry is still relatively young,'' said commission Chairman Phil Hogen.
Most of the growth has come since 1988 when Congress passed a law creating the legal framework for Indian gambling. The law let Indian tribes, with the consent of a state's governor, run slot machines and other profitable games on their reservations not allowed elsewhere in the state.
Indian gambling revenue in 2006 was far richer than the $12.62 billion gambling take in Nevada in 2006. But Nevada casinos make a lot of money with restaurants, hotels and other entertainment, so their total 2006 revenue was $24.08 billion.
Indian casinos aren't required to report their profits, and most don't disclose that information, so it's not possible to know the tribes' net income. Nevada's major hotel-casinos posted their highest net income ever in fiscal 2006 - a combined $2.1 billion.
yeah they do, them suckas are ballers in the palm springs area, rollin all deep in their bmw's and mercedes benzos....
I'm presently doing a renovation and expansion on a Tribal Casino outside of Escondido at the moment. The amount of money that comes through the doors here is amazing...
These tribes are rolling in it.. Money that is.
And they don't even comp drinks! Except the AVI.
Toms up reading the paper and shit...
Las vegas 2 billion
Indians 25 billion....whos not claiming something here...damn cash businesses:jawdrop:
Toms up reading the paper and shit...
Deanne isn't here for a few days so I get to get up and get going without disturbing her
Taxes?
Taxes?
They only pay taxes to the politicians that fought for their right to opperate one!
Years ago when i was doing electrical work we put the cameras in the Casino Arizona's. When they started bringing in the slot machines a piece of paper fell out of one of the dollar slots.I checked it out and it said it pays a $4000 jackpot every 97,235 pulls of the handle. You could play up to 3 coins
Yea,they are making bank i'd say.
Yeah those things are poping up everywhere. I heard in my town that Wal Mart is going to put one of there stores on the indian land
Something about the whole idea of business on indian land and no taxes just dosen't seem right
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