Since the late 20th century, Native American tribes have been operating casinos on their reservations. These casinos are regulated by the National Indian Gaming Commission (NIGC), and generate billions of dollars in revenue every year. So where does all this money go?
The answer is: it depends. Every tribe is different, and so is every casino. Some of the revenue from casinos goes to the tribe’s general fund, which can be used for things like infrastructure, education, and health care.
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PRO TIP:When researching where Indian casino money goes, it is important to remember that the money is subject to the same taxation laws as other forms of income. Additionally, Indian tribes are required to use casino revenue for tribal government services and economic development. Therefore, it is important to research how a particular tribe spends its revenue in order to understand where the funds are directed.
Other money goes into a special fund for the tribe’s elders and veterans. And still other money goes to support local businesses and create jobs.
There is no one-size-fits-all answer to where Indian casino money goes. It all depends on the tribe’s priorities and how they choose to spend their revenue.
But one thing is for sure: casinos are a vital source of income for many Native American tribes, and they are helping to improve the lives of tribal members across the country.
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