2026 Indian Gaming Cost of Doing Business Report

The tribal gaming industry is in a position of enviable strength.

Despite cost pressures, properties generated healthy net profit margins in 2025, ranging between 24% and 50%. Robust top-line performance was buoyed by strong customer demand and continued property reinvestment. However, lingering cost pressures and inflation prevented top-line revenue growth from fully flowing to the bottom line.

The 2026 Indian Gaming Cost of Doing Business Report reveals how tribal casinos earned revenue and managed expenses over the past year. This year, 113 Native American organizations in 18 states contributed their financial data to help us capture an in-depth look at the industry’s financial health and cost dynamics.

Now in its 28th year, the Cost of Doing Business Report is the only publication of its kind in the tribal gaming industry. Because of its robust datasets, casino leaders and tribal operators rely on it to benchmark their performance against peers nationwide, by region, size and property location.

The 2026 report provides detailed operating statistics across revenue streams and expense categories, including slot and table efficiency, labor costs, food and beverage margins and marketing. It also features perspectives from the gaming, finance and technology specialists at Wipfli.

Order the report