Tuesday, Nov. 29, 2022
Do Native American tribes receive the proceeds of some Las Vegas casinos?
In some U.S. states, casinos are located on Native American tribal land and owned by local tribes. In Las Vegas, the land is not tribal but certain tribes own or operate casinos and are paid profits from those casinos.
In March 2021, the Mohegan tribe became the first tribe to receive Las Vegas casino proceeds when it acquired the casino operations at the Virgin Hotels. California’s San Manuel Band of Mission Indians became the first tribe to be paid by a Las Vegas hotel-casino when it purchased the Palms Casino Resort in December 2021. And Seminole Gaming, owned by Florida’s Seminole Indian Tribe, will be the first tribe operating on the Las Vegas Strip after acquiring The Mirage this month.
According to Jim Allen, a veteran of the gaming industry, tribal operators account for approximately 50% of U.S. gaming revenue.
This fact brief is responsive to conversations such as this one.
Sources
- PR Newswire Mohegan Sun Casino At Virgin Hotels Las Vegas Opens As The First Native American Casino In The Entertainment Capital Of The World
- Las Vegas Review-Journal Gaming Commission OKs license for tribe to own, operate Palms
- Casino.org Hard Rock Will Take Control Of Mirage Las Vegas In December
- Nevada Independent Indy Gaming: Hard Rock development plans will ‘completely gut’ The Mirage
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