May 082014

In a report commissioned by the California Nations Indian Gaming Association, the occupational opportunities provided by casinos owned by American Indian tribes provided thousands of jobs to the citizens of California.

Tribal CA Casinos Provide Thousands of Jobs

Beacon Economics, an economic research and industry analyst firm located in Los Angeles, found out that a significant portion of the $8 billion economic output of tribal-operated casinos in the state is dedicated in supplying a steady revenue stream for the workers in the industry. According to their research, almost $3 billion of their expenditures go to salaries on people working for the casino industry, with the rest of their spending divvied up by advertising, administration, food and drinks, and gaming expenditures.

“Directly in the tribal government, in the tribal casinos and in the secondary impacts of the suppliers and other people that we use in our facilities,” CNIGA Vice Chairman Steven Stallings said. He also said that people who work for Indian-owned casinos have higher wages than California’s average and contribute to more than $100 million each year in income taxes.

While this may be good news for both investors and job seekers, critics panned the timing of the study with the recent push for the legalization of online poker and casinos in the state. With New Jersey finally embracing the potential of online gaming last year, some states started their campaign in allowing online gaming operators to offer their services. As of the moment, online gaming in California is still a gray area, and a lot of players are still unsure whether or not they are allowed to access gaming portals. However, Stallings dismissed the weird coincidence and said that the study is in preparation for the National Indian Gaming Tradeshow and Convention.

NIGTC is an annual country-wide gaming convention that pools Indian casino owners, stakeholders, and suppliers of products and services. The convention serves as a marketplace for buyers and sellers to have serious business and discuss the current trends and issues faced by the gaming industry. 888 Holdings, whose independent B2B arm is responsible for the creation of games on Bubble Bonus Bingo, has consistently used trade shows such as the NIGTC to showcase their portfolio to possible partners. In 2013, they used the G2E to announce that they’d taken over online operations for Wynn Resorts, Ltd., one of the biggest names in the casino industry.

“This is exactly the type of partnership we’ve envisioned when we formed (the network),” CEO Brian Mattingley said in a statement announcing the Wynn deal. “The challenge of establishing a robust, entertaining offering with ample player liquidity is one of our prime goals”.