Published by
Giuseppe Faraone
on May 09, 2023
The tribal casino business is booming. The latest fiscal year revenue statistics released in August 2022 indicated that the total revenue for tribal casinos stood at $39 billion, and it’s expected to increase significantly in 2022. Our experts at CasinoTopsOnline carried out research and found the most profitable tribal casino in the US.
The most profitable tribal casino is the Mystic Lake Casino Hotel in Minnesota which the Shakopee Mdewakanton Tribe owns. Established in 1992, the venue offers over 760 rooms, a convention centre, an amphitheatre that seats 8,350, a convention centre, and a world-class golf course.
The hotel consists of the Promenade Tower, Lobby Towers, and Suites decked out in absolute luxury with views over the extensive golf course. Guests are treated to various bars and restaurants (11 in total), of which the Mystic Steakhouse is the favorite among guests.
Other restaurants include the Minnehaha Cafe, Sweet Temptations, Meadows Bar and Grille, Gambler’s Grille, Fusion Noodle Bar, Mystic Delhi, Caribou Coffee, Drinx Bar, The Lobby Lounge, and The Promenade Bar.
One of the main reasons for the casino’s great success is its massive array of casino promotions that it offers to customers. The casino offers daily, weekly, and monthly promotions to attract customers.
The most notable promotions we noticed were the Shift Into New Year car giveaway, the Jackpot November, the Mystic Slots Drawings, and the Thursday Night Lights Digital Drawings promotions. We counted a total of 16 promotions running at once at the time of our review.
Additionally, the casino runs several shows and events at a time. A total of 13 shows and events were advertised to take place from the end of November to early December 2022. Shows vary from live music shows performed by famous artists to dance shows.
In the casino, customers are spoilt for choice. The casino floor measures an incredible 150,000 square feet, including a variety of 4,000 slot games and 100 table games. A massive variety of poker, roulette, and dice games are available. Electronic craps, roulette, blackjack, and three-card poker games can be played on the casino floor.
Additionally, speciality games, including keno, mini lottery, scratchcards, and bingo, can also be played. If you prefer trying your hand with tournaments, the casino also has poker cash tournaments for you to enjoy.
Based on the information we could obtain, it’s estimated that the Shakopee Mdewakanton Tribe (which has an estimated membership of 460 members) are the wealthiest Native American tribe in the US.
With the proceeds earned from the Mystic Lake Casino Hotel and the Little Six Casino, each tribe member gets over $84,000 per month paid out to them. The revenues of these two casinos amount to approximately $1.4 billion per year. The Mystic Lake Casino Hotel contributes the most to the total revenue.
Each tribe member gets approximately over one million per year. The tribe’s reservation in Scott County, and not too long ago, the tribe members lived in trailers without plumbing facilities. Today, the tribe lives in absolute luxury, but they haven’t forgotten their impoverished beginnings.
It’s estimated that the community has donated more than $240 million since 1996 and lent more than $500 million to people in need. They’ve also given out many grants to universities and have endowed many scholarships to Native American students.
Community members don’t work, but they’ve taken up expensive hobbies like thoroughbred horse breeding or hunting, and all their children are enrolled in private schools. Tribal leaders have boasted that more than 99.2% of tribe members are unemployed. However, this is simply by choice.
For those fantasy football fans out there, the fantasy has become a reality. The world's best sports betting platform and the legends at Scout Gaming have at last joined forces.
Read moreThe whole internet turned to the news that tech moguls Elon Musk and Mark Zuckerberg are talking about competing against one another in a UFC Cage fight. And even though there is nothing set in stone for this publicity event, the best bookmakers are already setting up preliminary odds in case the fight happens.
Read morePush Gaming and bet365 have partnered up in what is being referred to as a landmark deal. Find out what this partnership means for both companies and how it can impact you as a player.
Read moreIt is common for a gamer to want to know about the best slots to play. And this includes the ones that are the best for payouts. Of course, there are various developers operating today, creating entertaining, high-quality slot games with amazing payouts included. Therefore, we have put together a selection of the best payout online slots for you to experience and separated them into their respective developer sections.
Read moreGambling is not something that is restricted to one specific area of the world. In fact, it is present in more countries than you may know, be that in an official way or a bit more of an underground format. Whatever the case may be, gambling has become an appealing pastime for many people all over the globe. So much so that various cities around the world have risen to obtain the status of being the biggest gambling locations today.
Read moreItaly and England will face each other on Sunday at Wembley in what has been an existing European Championship tournament. Hosted a year later due to the pandemic, the Euro 2020 will come to an end on Sunday at 3 pm, with the final taking place at Wembley. Is it coming home? Or is it coming to Rome? Let’s see what the bookmakers say.
Read moreLet’s face it, most of us love a bonus. These are the joyous treats that keep us ticking and give us that little bit extra. Making us feel welcome at our favourite online casinos, or rewarding us for our loyalty. They come in all different shapes and sizes these days, as sites compete for our business.
Read moreIt is always a momentous occasion when someone wins an online jackpot from a casino. And while many of us believe that they do not come around so frequently, several big winners were recorded in 2020. So, keep playing and you never know, you could be the very next person to claim a jackpot payout. Let’s have a look at the biggest online jackpot wins of 2020.
Read moreUK online casinos that offer a £100 deposit bonus are quite common, especially as we see an increase in the number of online casinos, which results in greater competition between them - and better offers for players!
Read moreEurope is a hotbed for casino gaming activity, and there’s little wonder. With locations like Monte Carlo, London and Malta all playing host to exciting casino escapades, it has quite the popular appeal for players. It is also due to this that many online casino slots have become popular in their own right with players from the continent. So, which ones can be considered the five favourites of European casino players? We’ve got a look at each of these and their inbuilt features below.
Read more
