More tribes seeking piece of casino action in Las Vegas
Monday 10 de May 2021 / 08:20
2 minutos de lectura
(Las Vegas).- The Las Vegas market is proving to be attractive for tribal gaming operators. Over the years, tribal casino operators have taken to expanding into markets beyond tribal land.
In October, Mohegan Gaming & Entertainment became the first tribal enterprise approved to run a casino in the Las Vegas resort corridor. Seven months later, the San Manuel Band of Mission Indians announced plans to purchase Palms for $650 million. And Hard Rock International, which is owned by the Seminole Tribe of Florida, has voiced interest in moving onto the Strip.
“I think (the Palms sale) has tribes across the country thinking about Vegas,” said consultant Josh Swissman of The Strategy Organization. “This is just fortuitous timing for these tribes (to enter the market) given their performance over the years.”
A ‘natural evolution’
U.S. tribal gaming has been around since the 1970s, but operations were initially small, mainly consisting of small bingo halls and gaming facilities.
When the Indian Gaming Regulatory Act passed in 1988, establishing a regulatory structure for tribal gaming in the U.S., tribal gaming was worth about $121 million.
By 2017, it had grown to a $32 billion-plus segment, creating nearly half of all U.S. gaming revenue through operations in 28 states, according to a report from the American Gaming Association.
Over the years, tribal casino operators have taken to expanding into markets beyond tribal land. The Hard Rock brand, for instance, operates nine casinos across the U.S., only two of which are in Florida.
“This is really a natural evolution,” said San Diego State University professor Katherine Spilde, who has done extensive research on tribal gaming. “Once you’ve kind of built out your own property and maximized what you can do in the market that you’re in … we see tribes then looking to go into commercial expansion into a casino that’s not on tribal land.”
Categoría:Casino
Tags: Sin tags
País: United States
Event
G2E - Las Vegas 2025
06 de October 2025
Korbi Carrison on 25 Years of G2E: "It’s crucial to stay ahead of trends"
(Las Vegas, SoloAzar Exclusive).- In this interview, Korbi Carrison, Event Vice President of G2E at RX USA, reflects on the success of G2E’s 25th anniversary edition in Las Vegas, sharing insights on the event’s evolution, key highlights, and what this landmark celebration means for the future of the gaming industry.
Tuesday 04 Nov 2025 / 12:00
CT Interactive on Innovation, Networking, and Market Growth at G2E 2025
(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.
Thursday 30 Oct 2025 / 12:00
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.