Monday, November 23, 2015

Revenue Increases Across the Southeast


SOUTHEASTERN REGION
A healthy 6+% increase in gaming revenues for both periods.

Total SE States Q3
2014
2015
YoY Change
YoY
%Change
Arkansas
$57,436,325
$74,144,124
$16,707,799
29.1%
Florida 
$117,410,536
$123,249,113
$5,838,577
4.9%
Louisiana
$613,539,203
$668,485,712
$54,946,509
8.9%
Mississippi
$515,454,977
$527,344,744
$11,889,767
2.3%
Total
$1,303,841,041
$1,393,223,693
$89,382,652
6.9%

Total SE States YTD
2014
2015
YoY Change
YoY
%Change
Arkansas
$153,143,317
$196,599,885
$43,456,568
28.3%
Florida 
$381,744,767
$403,713,222
$21,968,455
5.7%
Louisiana
$1,846,966,230
$2,016,013,943
$169,047,713
9.1%
Mississippi   
$1,597,021,786
$1,606,408,402
$9,386,915
0.6%
YTD SE States Total
$3,978,876,100
$4,222,735,452
$243,859,352
6.1%

ARKANSAS
Continued significant year-over-year increase in both 3-month and three quarter gaming revenues resulting from increase in the gaming devices.
Arkansas
2014
2015
YoY Change
YoY
%Change
Oaklawn Q3
$20,996,222
$29,269,531
$8,273,309
39.4%
Oaklawn YTD 
$54,789,119
$76,363,854
$21,574,735
39.3%
Southland Park Q3
$36,440,103
$44,874,593
$8,434,490
23.1%
Southland Park YTD
$98,354,198
$120,236,031
$21,881,833
22.2%
Arkansas Q3 Total
$57,436,325
$74,144,124
$16,707,799
29.1%
Arkansas YTD Total
$153,143,317
$196,599,885
$43,456,568
28.3%
    Source: Electronic Games of Skill Revenues, Arkansas Racing Commission    

FLORIDA
Florida Racinos showed healthy increases in gaming revenues for both 3-month and three quarter periods. 
Florida
2014
2015
YoY Change
YoY
%Change
7 Racinos Q3
$117,410,536
$123,249,113
$5,838,577
4.9%
7 Racinos YTD
$381,744,767
$403,713,222
$21,968,455
5.7%
     Source:  Florida Racino Monthly Slot Revenues, UNLV Center for Gaming Research

LOUISIANA
The Lake Charles Region carried all of the increases in gaming revenues for year-over year and most of the three-month totals.  The Baton Rouge Region was steady, Bossier City/Shreveport down for both periods and New Orleans mixed with positive numbers for the 3-month period and negative for the three quarters.
Louisiana
2014
2015
YoY Change
YoY % Change
Baton Rouge Region Q3
$91,135,042
$91,750,847
$615,799
0.7%
Baton Rouge Region YTD
$280,335,623
$289,130,912
$8,795,289
3.1%
Bossier/Shreveport Q3
$189,677,613
$183,841,304
-$5,835,309
-3.1%
Bossier/Shreveport YTD
$560,431,636
$557,342,167
-$3,089,469
-0.6%
Lake Charles Region Q3
$178,661,149
$231,425,648
$52,764,499
29.5%
Lake Charles Region YTD
$518,709,856
$691,166,665
$172,456,809
33.2%
Louisiana Q3 Total
$613,539,203
$668,485,712
$54,946,509
8.9%
Louisiana YTD Total
$1,846,966,230
$2,016,013,943
$169,047,713
9.1%
     Source:  Louisiana Gaming Control Board, Monthly Revenue Reports

MISSISSIPPI
Continued healthy growth in gaming revenues for the 3-month period and the first three quarters, continued negative numbers for the Mississippi River Region for both periods. Losses were modest for the 3-months. Overall Mississippi up slightly for the 3-month and three quarter periods.
Mississippi
2014
2015
YoY Change
YoY % Change
Gulf Coast Region Q3
$278,082,526
$293,408,522
$15,325,997
5.5%
Gulf Coast Region YTD
$821,081,635
$873,050,102
$51,968,467
6.3%
Mississippi River Region Q3
$237,372,445
$233,936,222
-$3,436,223
-1.4%
Mississippi River Region YTD
$775,940,151
$733,358,299
-$42,581,852
-5.5%
Mississippi Q3 Total
$515,454,977
$527,344,744
$11,889,767
2.3%
Mississippi YTD Total
$1,597,021,786
$1,606,408,402
$9,386,615
0.6%
     Source:  Mississippi Gaming Commission Monthly Revenue Reports


Tuesday, November 3, 2015

The Miccosukee Indian Tribe of Florida: Cuban Recognition Pressured the BIA


In August 1957 the Seminole Tribe of Florida received its federal recognition without the Miccosukee people. A strong dissident faction had been developing throughout the 1950s among the Mikisuki-speaking Seminoles living along the Tamiami Trail. To demonstrate to the US government and force the government to recognize the Miccosukee Tribe, their leader, Buffalo Tiger led a group to Cuba in 1959 where they asked Fidel Castro for, and were granted, international recognition as a sovereign country within the United States. The following year the State of Florida gave the Seminoles hunting, fishing and frogging rights to 14,620 acres of the Everglades. In 1961 the Indians living along the Tamiami Trail organized themselves as the Miccosukee Tribe of Indians of Florida. On January 11, 1962, the Secretary of the Interior approved the Miccosukee Constitution and the Tribe was officially recognized by the US government as the Miccosukee Tribe of Indians of Florida, legally establishing their existence and their sovereignty within the US. Later they acquired several pieces of land in parts of the Everglades and Miami areas to serve as their own reservation including much of the 14,620 acres of land previously given to the Seminole. In 1967 there were 150 members of the Miccosukee Tribe of Indians of Florida and 200 unorganized Mikasukis living in the area.

According to the Miccosukee Constitution, the governing body of the Tribe is the Miccosukee General Council which is comprised of adult members 18 years or older. The officers of the General Council are: the Chairman, Assistant Chairman, Treasurer, Secretary and Lawmaker. Each officer holds office for a four year term. This group also has the position and responsibilities as the Miccosukee Business Council.

On May 4, 1971, officers of the Miccosukee Corporation, acting on behalf of the Miccosukee Tribe, signed a contract with the Bureau of Indian Affairs authorizing the corporation to operate all programs and services provided for the Miccosukee Community formerly administered by the BIA. The Tribal intent in negotiating this matter was clear; the people wished to decide their own fate and gradually develop total independence.

Membership in the Tribe is open to individuals who have Miccosukee mothers and are not enrolled in any other Tribe. They are direct descendants of those who eluded capture. The Miccosukee service area is comprised of Tribal members residing along the Tamiami Trail from Miami to Naples. The total population of the Miccosukee service area is about 640.

Today the Tribe operates a health clinic, police department, judicial system, day care center, community action agency and an educational system ranging from a Head Start pre-school program through senior high school, adult vocation and higher education programs. Their programs incorporate traditional Indian and non-Indian ways. All programs are located in the Tamiami Trail Reservation where the Miccosukee Community resides.


The Miccosukee enterprises include a Tribal restaurant and general store, service station and Indian Village on the Tamiami Trail Reservation; an Indian gaming casino, bingo and hotel complex and tobacco shop on the Krome Avenue Reservation; and an outstanding golf and country club facility, full service gas station and service plaza on the Alligator Alley Reservation.