Revenues from Arizona tribal casinos went up in 2012, although the number of slot machines and gaming tables has decreased, according to a gaming industry report.
Casino City's recently-released Indian Gaming Industry Report studied gaming revenue in 2012, both nationally and in individual states. The report says that Arizona's 22 casinos brought in $1.8 billion, about a 3 percent increase from 2011. The earnings increased even though 203 fewer slot machines were in operation and 23 fewer table games existed than the previous year.
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Nationally, revenues increased for the third straight year to $28.1 billion, although growth has slowed to a 2 percent increase. Economist Alan Meister, who compiled this report, attributes the leveling off to a slower economy and the rise in popularity of non-tribal casinos.
"While it was good to see Indian gaming continue to grow on a nationwide basis, the fact that it grew at a slower pace than 2011, its pre-recession pace, and other casino gaming segments in 2012 is cause for concern," Meister says in a statement.
Arizona is the sixth-largest gaming state out of the 28 U.S. states that have tribal casinos. The top 10 states make up 86 percent of the Indian gaming revenue.
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