May 6, 2013 1:34 PM by Faye DeHoff
PHOENIX - Arizona Department of Gaming announced today that tribal contributions to the state from gaming revenue will be about $24.1 million for the quarter ended March 31, 2013. This is approximately a one percent decrease from the same quarter of last year. It also follows 10 consecutive quarter increases.
"For the first time in more than two years, we have seen a decrease in Tribal gaming revenue" said Mark Brnovich, Director of the Arizona Department of Gaming. "Gaming, like many other industries, is not immune to economic uncertainty as it relies on the discretionary income of Arizona residents and visitors" said Brnovich. "I suspect people are being modest with their spending; however, a decline over one quarter does not necessarily establish a new trend."
The quarterly tribal contributions to the Arizona Benefits Fund will be distributed as follows:
Instructional Improvement Fund/Education: $12,102,580
Trauma and Emergency Services Fund: $6,051,290
Arizona Department of Gaming operating costs: $2,000,000
Arizona Wildlife Conservation Fund: $1,728,940
State Tourism Fund: $1,728,940
Problem Gambling Education, Treatment and Prevention: $481,872
TOTAL tribal contributions for the quarter ended March 31, 2013: $24,093,622
The Arizona Department of Gaming, in partnership with Arizona's tribes, regulates Indian gaming. Under the Arizona Tribal-State Gaming Compact, tribes with casinos contribute one to eight percent of their Class III gross gaming revenue to the state, cities, towns and counties. In Arizona, Class III gaming includes slot machines, jackpot poker, blackjack, keno and off-track pari-mutuel betting. There are currently 22 Class III casinos in the state. Tribes send contributions to the state Arizona Benefits Fund every three months.
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