Press Releases
Choctaw Nation Brings More than $3.2 Billion Impact to Oklahoma in 2021
The Choctaw Nation of Oklahoma announced today that the tribe had a significant $3,227,364,212 impact on the State of Oklahoma for 2021. Tribal officials made the announcement during an economic impact press conference for several tribal, state, county and local officials.
The economic impact report, prepared by Dr. Kyle Dean, Economist for the Center for Native American Studies at Oklahoma City University, show the Choctaw Nation is a driving force in southeastern Oklahoma, as well as the overall state. In 2021, the Tribe reported 20,142 Oklahoma jobs supported, representing $1 billion in wages and benefits paid to Oklahomans.
“With its remarkable $3.2 billion impact, the Choctaw Nation is one of the most significant contributors to economic prosperity in Oklahoma. Through innovative enterprises and steadfast commitment to community, the Nation not only fortifies its own future but also significantly contributes to the economic fabric of communities throughout southeastern Oklahoma and the state,” said Dr. Dean. “Continued partnerships between the Choctaw Nation and local communities are crucial for the survival and prosperity of rural areas in southeastern Oklahoma, serving as a cornerstone for sustainable development and mutual growth in the region.”
“The Choctaw Nation’s $3.2 billion (up from $2.5 billion in 2019) economic impact is helping improve lives across Oklahoma. These dollars extend beyond our tribal reservation to help educate students, fund infrastructure improvements, and provide needed healthcare coverage to the often underserved,” said Chief Gary Batton, Chief of the Choctaw Nation. “We are proud the Choctaw Nation is able to help fuel Oklahoma’s growth and economic prosperity.”
Education
Choctaw Nation has paid more than $335 million in exclusivity fees to the State according to the Gaming compact, including $34.2 million in 2021. These funds go directly to support public education statewide. The Choctaw Nation funded over $61 million (beyond exclusivity fees) for educational programs. In addition to providing statewide education support, the Choctaw Nation funded 10,410 college education scholarships to the tune of $10.8 million, provided summer school education to 5,573 tribal and non-tribal students in 48 schools, and paid for 708 elementary-age children to attend Choctaw Head Start and Choctaw Childcare programs.
Housing
The Choctaw Nation is building a pathway to safe and affordable housing. In 2021, the Choctaw Nation invested $14.2 million to build 92 new homes across the reservation as part of the Lease-to-Purchase (LEAP) homeownership program, independent elder, and affordable rental programs. A total of 481 storm shelters were installed in 2021 to protect the lives of tribal members.
Healthcare
Providing access to quality healthcare to tribal members is a primary focus for the Choctaw Nation which operates a full-service hospital in Talihina, Okla., eight health clinics, three behavioral health clinics, five specialty clinics and 14 wellness centers. In 2021, the Choctaw Nation spent $282 million to support healthcare for Oklahomans and had more than 1 million patient encounters.
Community
Through the Choctaw Community Partnership Fund and Choctaw Development Fund, the Choctaw Nation has provided $3,525,252 in contributions and community grants to cities, towns and counties to support economic development, infrastructure and sustainability.
Latest News
MAJOR LEAGUE BASEBALL SELECTS SPORTRADAR TO TRANSFORM PLAYER TALENT SCOUTING FOR ALL 30 CLUBS
Sportradar today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs. This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovative and game-changing solutions to the league.
Under the agreement, MLB and its 30 Clubs will gain access to an unprecedented depth of player analysis and insights with event coverage expanding significantly, from 3,300 to more than 20,000 games – an over 600% increase. This includes college, international, professional partner leagues and leading amateur leagues, such as the MLB Draft League, the Appalachian League and MLB Develops events, and, for the first time, top high school events.
The Synergy Coaching and Scouting solution is uniquely positioned to address the player evaluation needs of MLB as it leverages Sportradar’s expertise ingesting and transforming millions of data points from video into detailed metrics, actionable insights and dynamic visualizations. This, combined with Sportradar’s AI-powered sports performance technology, enables Synergy to provide unparalleled, in-depth analysis of every player, play and game situation, and equips MLB and Club scouts with the information and insights they need to streamline the evaluation process, guide draft decisions and support the development of future MLB players.
“Sportradar’s cutting-edge technology, alongside our reputation as a trusted partner to leading US sports leagues, is driving the transformation of sports performance analysis,” said Eduard Blonk, Chief Commercial Officer, Sportradar. “Through Synergy we are pleased that we are expanding our relationship with MLB, equipping them with the deep data and insights they need to identify the next generation of players. We are eager to continue bringing innovative solutions to MLB.”
“We are excited to expand our relationship with Sportradar and ensure equal access to the Synergy video and data services for all 30 MLB Clubs. This platform has become a key resource for Clubs in the domestic and international scouting process and we look forward to continuing our work with Sportradar in the coming years,” said John D’Angelo, MLB’s Sr. Vice President of Amateur and Medical Operations.
Financial reports
Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth
U.S. commercial gaming revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue.
Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8.0 percent ahead of 2023 and putting the industry on track for a fourth straight record revenue year.
In Q3 2024, 29 of the 35 commercial gaming jurisdictions operational last year saw increased year-over-year revenue. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes tied directly to gaming revenue, with commercial gaming operators contributing $3.79 billion in taxes across the quarter.
Quarterly revenue from land-based gaming – encompassing casino slots, table games and retail sports betting – totaled $12.56 billion, 0.62 percent lower than Q3 2023. Meanwhile, combined revenue from online sports betting and iGaming totaled $5.14 billion in Q3 2024 as online gaming made up 29.0 percent of commercial gaming revenue, a significantly higher share than in Q3 2023.
Looking at each sector in Q3 2024:
- Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.38 billion, a contraction of 0.9 percent year-over-year.
- Legal Sports Betting: Americans legally wagered $30.3 billion on sports, generating $3.24 billion in quarterly revenue (+42.4% YoY). Recent market launches in Kentucky, Maine, North Carolina and Vermont contributed to this growth.
- iGaming: iGaming generated $2.08 billion in revenue, marking a 30.3 percent year-over-year increase.
“Q3 2024 continued gaming’s momentum from the first half of the year, with online casino and sports betting driving strong growth. At the same time, new brick-and-mortar casino openings bolstered traditional gaming, which still accounts for the bulk of industry revenue,” said AGA Vice President of Research David Forman. “More than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states.”
Latest News
BGaming pens Brazilian multi-brand agreement with Cometa Gaming
Popular iGaming content provider BGaming has solidified its market position in Brazil by securing an aggregation deal with Cometa Gaming.
Cometa Gaming is an online casino and sportsbook aggregator with several brands in Brazilian market, all in the regulatory process. The group handpicks the best slot studios in the industry to meet the high standards of its passionate players.
BGaming has initially launched its entire portfolio with Cometa Gaming’s iGaming and sports betting brand Br4bet, including popular titles such as Fruit Million, Burning Chilli X and Space XY. The provider will continue to roll out its games across several of the platform’s other brands over the coming months.
This latest partnership demonstrates BGaming’s growing demand in LatAm ahead of the Brazil’s regulated market launching in January, where it remains committed to delivering a safe, fair and entertaining experience for players.
Gian Carlo Ferrini, Sales Manager at BGaming, said: “Partnering with Cometa Gaming is a major move for BGaming, enabling us to broaden the reach of our award-winning content to LatAm players across its multiple brands. So far, we have enjoyed early success with Br4bet and look forward to launching with Cometa Gaming’s other casino sites in the future.”
Thomaz Campos, COO at Cometa Gaming, said: “BGaming continues to break new ground in Brazil and we are delighted to have them live on Br4bet. Their games will help us achieve our goal of delivering the most appealing and forward-thinking content to players, as we both work towards a shared commitment to excellence.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,600+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
-
Latest News7 days ago
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
-
Latest News3 days ago
Full House Resorts Announces New Leadership for Rising Star Casino Resort
-
partnerships7 days ago
Tin Lizzie Gaming Resort Partners with Quick Custom Intelligence for Next-Level Gaming Experience
-
Latest News3 days ago
Arizona Department of Gaming Investigation into Illegal Gambling Leads to Record-Breaking Firearms Seizure
-
Latest News7 days ago
Evolution Group Announces Partnership Extension with FanDuel Casino
-
Latest News7 days ago
EVERI STOCKHOLDERS APPROVE ACQUISITION BY APOLLO FUNDS
-
eSports3 days ago
Influencers, Content and eSports: Unleashing the Power of Dynamic Strategies in the eSports Ecosystem
-
Compliance Updates7 days ago
Massachusetts Gaming Commission Launches Official Seal of Approval