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LOCAL ECONOMIC SNAPSHOT | INDIAN GAMING

A slowdown, but still growth for Oklahoma tribal casinos
200 Miles
By GARY JACOBSON
Staff Writer gjacobson@dallasnews.com

By KYLE ALCOTT
Staff Artist kalcott@dallasnews.com

Officially, Texas has just one small Indian casino, the Kickapoo Lucky Eagle near Eagle Pass. But Texas gamblers venturing north to Indian casinos have helped Oklahoma become the No. 3 gambling state in the nation, with nearly $3.6 billion in gaming revenue in 2011, according to the latest Casino City study.

Gaming floor size of casinos near Dallas-Fort Worth
OKLAHOMA
Riverwind Casino Chickasaw Nation 219,000 square feet Grand Casino Resort Citizen Potawatomi Nation 125,000 square feet

Oklahoma gaming growth
Though rates have slowed dramatically from a decade ago, gaming revenue continued to expand throughout the recent recession.
25

Newcastle Gaming Center Chickasaw Nation 64,708 square feet

Kiowa Casino Kiowa tribe 64,000 square feet Devol

200 mi les f rom Da lla s Newcastle Shawnee Choctaw Casino Norman Choctaw Nation 68,235 square feet

21.9%

20 15 10 5 0 ’07

19.5%

6.4%

7.7% 3.9%
’10 ’11

’08

’09

Durant Thackerville

Grant

Gaming machines
After rapid expansion for many years, the growth rate of gaming machines in Oklahoma has slowed dramatically.
20

Comanche Red River Casino Comanche Nation 52,500 square feet

17.5% 11.2% 11.5% 6% .1%
’07 ’08 ’09 ’10 ’11

Dallas WinStar World Casino Chickasaw Nation 525,000 square feet

Choctaw Casino Choctaw Nation 120,000 square feet

15 10 5 0

TEXAS

Top gaming states
Despite a sluggish economy, Oklahoma gaming revenue grew by nearly 8 percent in 2011 to about $3.6 billion, moving the state into third place in the country, counting commercial and Indian casinos.
Indian gaming STATE Commercial casinos TOTAL REVENUE (In billions) Racinos

U.S. casino gaming market shares
The share for Indian gaming has held steady the past few years while that for racetrack casinos (racinos) has increased.
Indian gaming YEAR Commercial casinos Racinos

MARKET SHARE 41.2% 42.4% 43.4% 43.4% 43.5% 50.6% 47.9% 46% 45.6% 45% 8.2% 9.7% 10.6% 11% 11.5%

Nevada California Oklahoma New Jersey Pennsylvania $3.6 $3.3 $3 $6.9

$10.7

2007 2008 2009 2010 2011

SOURCES: Casino City’s recently released Indian Gaming Industry Report, 2013 edition; WinStar World Casino

The bottom line
“We have 1,000 more hotel rooms under construction. We really are putting emphasis on our ability to attract people as a resort destination.” “Oklahoma gaming is overwhelmingly dependent on Texas patrons. The primary reason for the continued growth is the proximity of some of the facilities to the huge metroplex population center, which is continuing to expand at a significant pace.” Ray Perryman, president of The Perryman Group, an economic and financial analysis firm “Who says Texas doesn’t have casino gambling? One of the world's largest casinos — WinStar — is just an hour away from D-FW’s northern suburbs. By far, most of its customers are from Texas.”

Wayne McCormick, general manager, WinStar World Casino

Gary Jacobson, staff writer, The Dallas Morning News