Quantcast

Indian gaming revenues booming in Oklahoma - KOAM TV 7

Indian gaming revenues booming in Oklahoma

Updated:

Oklahoma's Indian gaming revenues are booming and some surrounding communities say they're reaping the benefits.

The numbers come from a new report just released by a California economist.

The study says Oklahoma Indian gaming produced nearly $3.48 billion in revenues in 2011.  That's a 7.7% increase over the previous year.  And the study finds the Indian gaming growth rate in Oklahoma was more than double the national average of 3.4%.

Area casinos tell us they too have seen a steady revenue increase in the past few years but they also point out that their gain in revenue spills over to help local economy's as well.

"A rising tide in terms of gaming revenue creates economic benefit for the surrounding communities," says Kent Jones, the Downstream Casino Chief Financial Officer.  "Gaming has expanded tremendously in Oklahoma.  A number of the tribes fortunately are located in border regions."

"We strive to help the economy, not only for the tribe, but for the surrounding areas as well," says Ranny McWatters of the Downstream Development Authority.

With 13 casinos in a 30 mile radius, Amanda Davis of the Miami Convention and Visitor's bureau says that a boost in revenue for them means more visitors coming to town and spending money, especially when casino's hold special events.

"We had an extreme boxing and we also had a concert the night before, so we did get a lot of hotel rooms out of that, restaurants reported they had a lot of people come in and eating," says Davis.

Davis says many people come to the Four States during spring and summer to see Route 66, but casino traffic continues to bring people to the area year round.

And Jones, Downstream's CFO, says the increase is casino revenues is not just good for local restaurant and hotel chains, but for employment across the Four States as well.

"We're able have a solid employment base not only for tribal members, but for residents of the nearby communities," says Jones.

Downstream says they have hired more than 100 employees from across the Four States in the past year alone.

  • Local NewsMore>>

  • $145,000 state audit of City of Joplin now underway

    $145,000 state audit of City of Joplin now underway

    Tuesday, September 2 2014 9:48 PM EDT2014-09-03 01:48:40 GMT
    A state audit of the City of Joplin, costing up to $145,000, began today.   A representative from the MO State Auditor's Office addressed Joplin City Council tonight, stating survey work is now underway to determine weak areas in need of further investigation.More >>
    A state audit of the City of Joplin, costing up to $145,000, began today.   A representative from the MO State Auditor's Office addressed Joplin City Council tonight, stating survey work is now underway to determine weak areas in need of further investigation.More >>
  • Christopher Foundation Announces their September Project

    Christopher Foundation Announces their September Project

    Tuesday, September 2 2014 7:34 PM EDT2014-09-02 23:34:47 GMT
    Joplin, MO - This year the Christopher Foundation will be collecting DVD;s for the oncology floor and clinics at Children's Mercy Hospital in KC. As well as the new Children's Mercy Clinic in Joplin. Movies must be new and rated PG-13 and under. DVD's can be dropped off at any Southwest Missouri Bank location, both New-Mac Electric locations, and Joyful Journey's in Neosho, MO. Donations can be also be mailed to the Christopher Foundation at P.O. Box 717, Neosho, MO 64850. All money received ...More >>
    Joplin, MO - This year the Christopher Foundation will be collecting DVD;s for the oncology floor and clinics at Children's Mercy Hospital in KC. As well as the new Children's Mercy Clinic in Joplin. Movies must be new and rated PG-13 and under. DVD's can be dropped off at any Southwest Missouri Bank location, both New-Mac Electric locations, and Joyful Journey's in Neosho, MO. Donations can be also be mailed to the Christopher Foundation at P.O. Box 717, Neosho, MO 64850. All money received ...More >>
  • Joplin High School and Franklin Technology Center Opens for Classes

    Joplin High School and Franklin Technology Center Opens for Classes

    Tuesday, September 2 2014 7:19 PM EDT2014-09-02 23:19:47 GMT
    As one door closes....another one opens, for Joplin High School and Franklin Technology Center students. The 110 million dollar project delayed the start of school for a week, but today students began classes in their new state of the art building that marks the beginning of a new chapter.3 years and 3 campuses later, Joplin High School and Franklin Technology Center students have a new place to call home."You can just look around and at first glance you can already tell this doesn't feel lik...More >>
    As one door closes....another one opens, for Joplin High School and Franklin Technology Center students. The 110 million dollar project delayed the start of school for a week, but today students began classes in their new state of the art building that marks the beginning of a new chapter.3 years and 3 campuses later, Joplin High School and Franklin Technology Center students have a new place to call home."You can just look around and at first glance you can already tell this doesn't feel lik...More >>
Powered by WorldNow

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.