To generate additional state revenue, Florida is considering legalizing commercial resort casinos. But there is debate over whether legalization would generate incremental revenue for the state given that the introduction of commercial resort casinos could have a negative impact on existing casino gaming. For example, the Seminole Tribe of Florida operates a number of gaming facilities but might not be legally obligated to continue making sizable payments to the state if commercial resort casinos are legalized. In addition, commercial resort casinos may divert business away from “racinos”—slot machines at race tracks—which pay taxes to the state.
To inform the debate, state economists are turning in part to data from the Indian Gaming Industry Report, an annual publication authored by Dr. Alan P. Meister, a Principal Economist with Nathan Associates. The state economists are using that data in quantifying the net effect of legalizing commercial resort casinos.
Now in its tenth edition, the Indian Gaming Industry Report is a key source of data on Indian gaming. It provides extensive information on everything from Indian gaming facility, tribe, gaming machine, and table game counts to state-level gaming revenue figures, tribal revenue sharing data, and analysis of the economic and fiscal contribution of Indian gaming to the U.S. economy. The report also provides market summaries; assessments of the historical and future performance of Indian gaming; trend analyses; comparative analyses of Indian gaming across states and across other gaming segments, including commercial casinos, racinos, and card rooms; and data on pending and approved applications for land into trust for gaming purposes.
The author, Dr. Meister, has conducted extensive research and analysis of the gaming industry over the last decade. His research and analyses have been relied on in matters before the United States Supreme Court and the World Trade Organization. He has also been commissioned by the National Indian Gaming Commission to independently analyze the economic effects of proposed changes in Indian gaming regulations. Dr. Meister’s work is cited frequently in the press, and his studies are a trusted resource for government and regulatory agencies, investors, and the industry itself, as well as associated industries.
To order a copy of the Indian Gaming Industry Report, please visit www.indiangamingreport.com.
For more information on the report and on Nathan Associates Gaming Industry and Indian Gaming work, please contact:
Alan P. Meister, Ph.D.
Nathan Associates Inc.