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Introduction

Tribal Gaming Revenues Show Upward Trend

Washington tribes involved in casino businesses are reported to be raking in healthier revenues by investing generously in ventures like hotels, restaurants, golf courses and other facilities that increase the attraction factor of casinos.

The State's tribal casinos reflected a 28 percent revenue increase from $1.02 billion in 2004 to a much higher $1.31 billion in 2005 as shown in a study. This information was released by Alan Meister, an economist based at the Los Angeles office of consultant Analysis Group Inc. Meanwhile, Meister estimates that the tribes' non-gaming revenue also jumped up by a similar rate to about $123 million.

The casino revenues are expected to stay on the general upward direction as the tribes beef up their non-gaming developments. One tribe in Sheton, the Squaxin Island tribe that operates the Little Creek Casino is embarking on a $45 million in new developments. June 19 marked the casino resort breaking ground on the 18-hole Salish Cliffs golf course. Another recent development includes the expansion that added 100 rooms to the casino resort's hotel. And still another recent addition is the new, 1,900-seat Skookum Creek Events Center set to open on July 15. The opening show will be graced by funnyman Bill Cosby.

Douglas Boon, CEO of Little Creek Casino Resort says that all of the new developments in the casino resort are designed to broaden the encompassed demographics of the casino resort. This would be done by positioning the facility as a destination resort and not just a casino, he said.

Throughout the state, at least half a dozen steps are taking a similar approach, in tune with the growing trend. They have been investing in lodging, entertainment and other facilities that inject energy into the dynamics on the gaming rooms and adjacent facilities, according to consultants and economists.

The Tulalip Tribes for instance are planning a 380-room resort hotel, a convention center and spa in their Quil Ceda Village complex near Marysville. Similarly, in a $4 million development project, the Skokomish Tribe's Lucky Dog Casino in Mason County will add a restaurant, bar and more gaming machines. The Confederated Tribes of Chehalis owned The Lucky Eagle Casino in Rochester, has likewise added the 69-room Eagles Landing Hotel in July 2005.

Most tribal casinos don't have to report revenue figures to sources outside the tribe. But studies by Meister and other consultants show that as opposed to non-tribal casinos, tribal casinos are enjoying a much faster growth rate.

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Introduction Tribal Gaming Revenues Show Upward Trend Washington tribes involved in casino businesses are reported to be raking in healthier revenues by investing generously in ventures like hotels, restaurants, golf courses and other facilities that increase the attraction factor of casinos. The State's tribal casinos reflected a 28 percent revenue increase from $1.02 billion in 2004 to a much higher $1.31 billion in 2005 as shown in a study. This information was released by Alan Meister, an economist based at the Los Angeles office of consultant Analysis Group Inc. Meanwhile, Meister estimates that the tribes' non-gaming revenue also jumped up by a similar rate to about $123 million. The casino revenues are expected to stay on the general upward direction as the tribes beef up their non-gaming developments. One tribe in Sheton, the Squaxin Island tribe that operates the Little Creek Casino is embarking on a $45 million in new developments. June 19 marked the casino resort breaking ground on the 18-hole Salish Cliffs golf course. Another recent development includes the expansion that added 100 rooms to the casino resort's hotel. And still another recent addition is the new, 1,900-seat Skookum Creek Events Center set to open on July 15. The opening show will be graced by funnyman Bill Cosby. Douglas Boon, CEO of Little Creek Casino Resort says that all of the new developments in the casino resort are designed to broaden the encompassed demographics of the casino resort. This would be done by positioning the facility as a destination resort and not just a casino, he said. Throughout the state, at least half a dozen steps are taking a similar approach, in tune with the growing trend. They have been investing in lodging, entertainment and other facilities that inject energy into the dynamics on the gaming rooms and adjacent facilities, according to consultants and economists. The Tulalip Tribes for instance are planning a 380-room resort hotel, a convention center and spa in their Quil Ceda Village complex near Marysville. Similarly, in a $4 million development project, the Skokomish Tribe's Lucky Dog Casino in Mason County will add a restaurant, bar and more gaming machines. The Confederated Tribes of Chehalis owned The Lucky Eagle Casino in Rochester, has likewise added the 69-room Eagles Landing Hotel in July 2005. Most tribal casinos don't have to report revenue figures to sources outside the tribe. But studies by Meister and other consultants show that as opposed to non-tribal casinos, tribal casinos are enjoying a much faster growth rate.