Tribal Casinos Set Record with $43.9 Billion FY24 Revenue

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Last updated: August 18, 2025

The NIGC published an FY24 Gross Gaming Revenue Report that highlights the highest ever growth in the Indian gambling industry. Tribal casinos reached a GGR of $43.9 billion, an increase of $2 billion from the previous record-high revenue in 2023. This announcement sent waves through the US gaming industry, proving tribal operators’ resilience and ability to adapt to new challenges and technologies.

Contributing Factors

Several factors contributed to this record-breaking growth reported by the NIGC:

• Resilient tribal leadership and sound regulatory practices – strategic planning of tribal governments is the key to success, many of which have embraced long-term investments in infrastructure, customer experience, and field audits to detect misuse or misconduct.
• Continued compliance with the Indian Gaming Regulatory Act (IGRA) – key efforts included enforcement of financial reporting requirements, background checks on management entities, as well as approval of ordinances and operational contracts. Every participating operator across all 29 states where tribal gaming is active underwent independent auditing to confirm transparency and legal compliance.
• Steady year-over-year growth across all eight regions – although each of the eight regions saw year-over-year growth in FY24, some performed way better than others. Notably, Oklahoma City rose 12.7% and Washington D.C. grew 11.2%. The Sacramento region led in revenue with $12.1B, which is just 1.4% growth, while Rapid City, the region with the smallest revenue, still represents a decent increase of 4.2%.
• Even smaller operators are recovering and strengthening – despite regional distribution disparities, over 54% of tribal gaming facilities earned under $25 million, contributing just 5% to total GGR. Small regional expansions and renovations across high-performing areas like Sacramento, Oklahoma City, and Washington, D.C. further boosted revenues.
• Adoption of modern technologies – even new and smaller operators successfully implemented technological innovation and diversification of offerings that helped them expand market appeal. Many tribes invested in modernizing casino floors, improving digital infrastructure, and introducing responsible gaming tools like real-time reality checks and voluntary self-exclusion programs.

The Paradox of Uneven Revenue Distribution

The NIGC announcement highlights an ongoing trend in revenue concentration. Just 8.5% of tribal gaming operations – those generating over $250 million annually – accounted for 54.5% of total GGR. Meanwhile, over half of all operations earned less than $25 million, contributing just 5% of the industry’s total revenue. This widespread year-over-year growth suggests that even smaller operations are recovering and strengthening under regulatory oversight.

A Path Forward

The FY24 results offer more than just financial headlines – they underscore the social and economic importance of tribal gaming in the US The revenues support critical infrastructure, healthcare, education, and employment programs in tribal communities.

Looking ahead, the NIGC says it will continue to provide tools, training, and oversight to deliver sustainability and fairness in the sector. As the Acting Chairwoman Avery concluded, “With strong tribal governance and collaborative regulation, the industry is well-positioned to meet future challenges and opportunities”.