An improved economy and lower unemployment rates boosted revenue at American Indian gaming casinos in 2010, helping them rebound from their first ever drop in revenue a year earlier, a report said.
The 1% increase in gambling revenue generated by 448 American Indian facilities in 2010 marks a rebound from the 1% decline in revenue in 2009, according to a study released Tuesday by Alan Meister, an economist with Arlington, Va.-based Nathan Associates Inc.
Non-gambling revenue, such as spending on food and entertainment at casinos, increased 0.3% in 2010. American Indian casino revenue represented 44% of all gambling revenue in the nation last year, the study said.
American Indian casinos in California generated the most revenue in 2010, $6.8 billion, but that represents a 2.5% drop in gaming revenue compared with 2009, according to the study.