Last Modified: Thursday, February 28, 2013 8:00 PM
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.
Posted By: Melissa On: 3/29/2013
Title: State's Indian-run casinos pulled in $460.5 million in 2011
This is a perfect example of how money influences politics. I would say that less than 1% of the non-tribal employees of the Grand Casino in Kinder are aware that that have surrendered their constitutional rights when they go to work every day. Tribal sovereignty allows this to happen. Employees do not have any rights related to the Civil Rights Act or the American Disabilities Act. If an employee of this establishment questions any negation of their rights under these acts they are simply fired. In the words of Ms. Janet Todd human resources manager for the tribe “we are a hire at will and fire at will establishment and we do not have to give good reason”. Take this into consideration when choosing a job!