Interesting Facts About Native American Land Based Casinos

The indigenous people of the outback of America have a head on their shoulders when it comes to business. In fact, the Native Americans are well known for their share in land based casino gambling. The group run under native businessmen and women is called ‘Native American Gaming’ and it well known around the globe. Many people have asked why there are so many indigenous Americans involved in the gambling industry and if you look back into history, various tribes fought and won to own and operate land based casinos on their land. It brings in money and let’s face it, the Native American tribes excel at running land based casinos.

Even though online casinos are growing rapidly in both preference and popularity, it would appear the tribes are maintaining their profitable income and people are still curious to visit these casinos and walk on their land. Some would say these tribes are betting experts, always knowing and understanding what the public want. Here are some interesting facts about Native American owned land based casinos.

Profits

These casinos bring in more profits than Las Vegas. In 2017 a survey was compiled of what casinos in Vegas bring in and what Native American casinos bring in annually. It was discovered that while Vegas had a profit stream of just over $17 billion, Native casinos brought in an annual profit of over $32 billion.

Size Matters

It would seem the biggest casinos in the world are owned and run by the Native community and are bigger than the casinos in Vegas.

Rules

The same rules don’t apply to Native casinos as they aren’t regulate like American casinos are by the gambling laws of the country. So things like payout percentages and RTP’s needn’t be visible for players to see.

Tribes Don’t Pay Taxes

Although players and employees of the casino are required to pay taxes, the tribes are not.

Employment Rates

Native American casinos improve the employment rates, obviously. It has been said that the land based casinos bring young people to the reservations and provide them with a means to fill their stomachs and stay clear of trouble.

Where do the Profits Go?

Unlike massive American corporations, Native Americans invest their profits into the social development of their communities. The funds are used to improve schools, housing and look after the tribe’s people.

While gambling in American land based casinos and gambling in natively owned land based casinosoffer two different experiences, it is clear the indigenous people of America know what the gambling industry is all about. Not governed by American laws and having the land to open these land based establishment’s gives the people of the reservation the upper hand in business.

So if you are ever in the area, take a moment to appreciate all that the tribes have gone through to get where they are today. Some of the best land based casinos are expertly run and managed by the indigenous people of America.