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Arizona Gets Around $24.6 Million From Tribe Owned Casinos

On May 2, 2007, Indian Tribes in Arizona that own gambling casinos gave around $24.6 million of gaming profits to the Department of Gaming in Arizona for January to March, a 9.5% improvement compared to the same period last year.

The year over profit gaming sharing has improved over the span of 16 quarters that Arizona's 15 gaming tribal nations have shared profits since 2003.

The Indian Tribes have also given Arizona around $276 million in 4 years of profit sharing that was in place after the voters in the state approved of Proposition 202.

The proposal allowed the Indian Tribes to offer Blackjack and add more slot machines in exchange for publicizing their books to state auditors and share around 8% of their gaming profits.

The Arizona Gaming Department gets around $2 million for their administrative and regulatory costs. The 23 Indian Casino Facilities in Arizona currently have 13,033 slot machines, 170 poker gaming tables and 290 Blackjack gaming tables.

According to statistics held by the Gaming Department, the 5 casinos in the Tucson area that are owned and operated by the Pascua Yaqui Tribe and the Tohono O'Odham Tribe have around 3,091 slot machines, 32 poker tables and 67 Blackjack gaming tables.

The Indian Tribes pay around 1% for the first $25 million that they will produce, around 3% for the next $50 million that they will earn, 6% on the next $25 million and 8% for the next $100 million.

The profits from the Indian Tribes from January to March will be divided into different sectors. $12.4 million for schools, $6.2 million to emergency services, $2 million for the gaming department, $1.8 million for the Wildlife Fund, $1.8 million for the tourism fund and $491,27 for community related programs like for problem gambling.

 

Monday, May 28 , 2007
Edward O'Connor