The National Indian Gaming Commission has released record gross gaming revenue figures of US$41.9bn for the fiscal year 2023.

NIGC

The figures are an increase of $1bn, or 2.4 per cent, from the historic FY2022 GGR of $40.9bn.

The announcement was made by acting chairwoman Sharon M Avery and vice chair Jeannie Hovland at the Wisconsin Gaming Regulators Association Summer Conference in Green Bay, Wisconsin, US.

All eight NIGC regions demonstrated growth in gaming revenue since the last GGR report.

"This year's GGR results demonstrate how a strong regulatory framework and diversity of tribal gaming enterprises generates growth in the gaming industry,” said Avery. “Again, this year, tribal gaming operators and regulators have proven that their ingenuity and tenacity are catalysts for growth, even in the face of an ever-changing gaming landscape.

“This steadfastness will ensure that tribal gaming remains a valuable resource for continued economic sustainability in tribal communities.”

Hovland added: "I congratulate the industry regulators, operators and tribal leadership on another successful year. Their hard work in meeting and overcoming the challenges presented by an increasingly competitive market is evidence that tribes are resilient, and their gaming expertise is yielding benefits for their nations as IGRA intended.”