State's Indian-run casinos pulled in $460.5 million in 2011

By By Eric Cormier / American Press

Louisiana’s three Indian-run casinos made $460.5 million in 2011, according to Casino City’s Indian Gaming Industry Report.

The 2013 edition tabulated the total gambling revenue generated at the nation’s 291 tribe-run casinos.

Coushatta Casino Resort in Kinder, the

Chitimacha’s Cypress Bayou Casino in Charenton and the Tunica-Biloxi

Tribe’s Paragon

Casino Resort in Marksville together saw a slight decrease in

revenues from 2010, when they took in $461.5 million, according

to the study.

Gambling revenues among the three casinos ranked 13th, according to the report, compiled by Alan Meister, an economist with

Nathan Associates Inc.

Meister noted that large investments were made on the Coushatta Casino Resort property: a new bingo hall, new hotel, restaurant

renovations, and the addition of off-track betting.

Nationwide, revenue at Indian casinos

grew 3 percent to $27.4 billion in 2011. Due to the recession, casinos

as a whole experienced

a slight decline in revenue in 2009.

Meister wrote that Alabama,

Mississippi, Montana, North Carolina and Oklahoma saw revenues at Indian

casinos grow the fastest

in 2011. Tribal casinos in New York, Oregon, North Dakota,

Connecticut and Idaho experienced the fastest decline during that

year.

Nationwide, Indian casinos counted 341,000 gambling machines and 7,700 table games among 460 gambling facilities.

According to the study, revenues generated at tribe-run casinos fund government operations, social and economic programs,

health services, housing, utilities, safety, transportation, elderly care and other projects.

Nationwide, the casinos employed 339,000 people and paid $12.3 billion in salaries.

Meister said the short- and medium-term

outlooks for tribal casinos are “good.” Competition from private-sector

gambling companies

and Internet gambling are factors that will affect the long-term

outlook for tribal casinos.