The National Indian Gaming Commission on Tuesday announced gross gaming revenues of $46.2 billion for fiscal year 2025 – a $2.3 billion increase over FY 2024, representing growth of 5.3% across the Indian gaming industry.
William Billy Kirkland (National Indian Gaming Commission photo)
“Indian gaming is an important contributor to tribal economies that empowers sovereign tribal governments to invest in their communities and provide their citizens with essential services,” said NIGC Vice Chair Billy Kirkland.
The gross gaming revenue figure is generated from independently audited financial statements submitted by 545 gaming establishments operated by 246 tribes across 29 states. Seven of the NIGC’s eight regions showed an increase over FY 2024.
Revenue has steadily risen since the pandemic; it dipped to $27.8 billion in 2020 after reaching $34.6 billion in 2019. It jumped back up to $39 billion in 2021.
“These gross gaming revenue results reflect the continued commitment of tribal regulators and operators to responsible growth and community benefit,” said NIGC Associate Commissioner Sharon Avery.
The California segment recorded a 4.1% increase to $12.6 billion, up from $12.1 billion.
The segment covering New York, North Carolina, and southern states recorded $11.2 billion, a 9.8% increase over $10.2 billion in 2024.
The upper Midwest and portions of the Rust Belt recorded $5.3 billion in revenue, a 2.9% increase from $5.1 billion.
The Pacific Northwest saw a 5.3% increase to $4.94 billion, up from $4.69 billion.
The southwest segment rose 5.3% to $4.2 billion, up from $3.9 billion.
The Oklahoma City segment that includes Texas rose 3.3% to $3.7 billion, up from $3.6 billion. The Tulsa segment that includes Kansas rose 2.5% to $3.6 billion, up from $3.5 billion.
The upper Plains segment recorded the only decline by falling nearly 1%. It went from $443.8 million to $439.7 million.
About 9% of gaming operations reported more than $250 million of gaming revenue in 2025 and their aggregate revenue made up more than half (56%) of the total revenue. In comparison, just over 54% of tribal gaming facilities reported less than $25 million in gaming revenue and this group represents about 5% of the total gaming revenue share. The percentages of operations that make-up the respective ranges have been relatively consistent over the past years, according to the NIGC.
The NIGC uses gross gaming revenue as a key industry measure, defined as the amount wagered
minus winnings returned to players. The agency collects this information annually to assess trends and help guide regulatory policy in support of the Indian Gaming Regulatory Act.
