Gambling for the future
Phil Hogen and others talk about past, present and future of Indian gaming.
Derek Scott
Issue date: 9/18/09 Section: Life
The universities first "Distinguished Public Administrator in Resident" program was held this week, with special guest Phil Hogen. The event was co-sponsored by the school of law and the college of business and public administration.
Bringing these distinguished visitors to campus involves them spending several days here, where they do things like guest lecture in classrooms, meet with students and faculty, and give public speeches. This week's guest, Phil Hogen, became the Chairman for the National Indian Gaming Commission in 2002.
Before, Hogen was a U.S. Attorney for South Dakota.
Hogen first mentioned there are over 400 gaming facilities in the United States, and over 200 tribes run them. Hogen also noted that there are more then 500 tribes recognized in the United States. The presentation then began to go over the history of Indian gaming, including the piece of legislation that allowed the use of slot machines.
The interesting part of this was the legislation that allowed electronic gambling devices was, as Hogen illustrated, a boot in the middle of tribal sovereignty. Had this compromise not come about, there would be no Indian gaming.
Hogen went on to demonstrate the importance of Indian gaming. In 2007, "the largest piece of the pie was represented by commercial casinos, Las Vegas and so forth. $34.4 billion dollars was held by commercial casinos. In second place are tribal gaming operations, generating over $26 billion. In third place getting bumped out of the second spot just this year are state lotteries that generate $24 billion."
For all the business majors reading this, Hogen also presented a growth chart for Indian gaming, a bar graph showing total profits increasing every year. Basically, if you're in business, that is exactly what you want.
The really interesting thing is that 6 percent of the 400 tribal gaming operations earn over $250 million a year, or 42 percent of the total revenue. As Hogen explained, "Those near Boston, San Diego, Minneapolis and the other big cities are making most of the money."
Bringing these distinguished visitors to campus involves them spending several days here, where they do things like guest lecture in classrooms, meet with students and faculty, and give public speeches. This week's guest, Phil Hogen, became the Chairman for the National Indian Gaming Commission in 2002.
Before, Hogen was a U.S. Attorney for South Dakota.
Hogen first mentioned there are over 400 gaming facilities in the United States, and over 200 tribes run them. Hogen also noted that there are more then 500 tribes recognized in the United States. The presentation then began to go over the history of Indian gaming, including the piece of legislation that allowed the use of slot machines.
The interesting part of this was the legislation that allowed electronic gambling devices was, as Hogen illustrated, a boot in the middle of tribal sovereignty. Had this compromise not come about, there would be no Indian gaming.
Hogen went on to demonstrate the importance of Indian gaming. In 2007, "the largest piece of the pie was represented by commercial casinos, Las Vegas and so forth. $34.4 billion dollars was held by commercial casinos. In second place are tribal gaming operations, generating over $26 billion. In third place getting bumped out of the second spot just this year are state lotteries that generate $24 billion."
For all the business majors reading this, Hogen also presented a growth chart for Indian gaming, a bar graph showing total profits increasing every year. Basically, if you're in business, that is exactly what you want.
The really interesting thing is that 6 percent of the 400 tribal gaming operations earn over $250 million a year, or 42 percent of the total revenue. As Hogen explained, "Those near Boston, San Diego, Minneapolis and the other big cities are making most of the money."
Be the first to comment on this story