Thursday, 28 February 2013

Report: Tribal gaming revenue declining in Wis. - TODAY'S TMJ4

CREATED 7:46 AM

MILWAUKEE (AP) -- A new report shows tribal gaming revenue in Wisconsin has declined.

Gaming by the state's 11 tribes generated about $1.2 billion in 2011, down nearly 5 percent from 2007.

The Casino City's Indian Gaming Industry report says Wisconsin is one of seven states where tribal gaming revenue has declined.

Twenty-eight states have tribal casinos.

Nationally, tribal gaming revenue is up. Tribal casinos took in about $27 billion in 2011, up $3.4 percent from the previous year.

The Journal Sentinel (http://bit.ly/XC9ota ) says despite the decline in revenue, tribal gaming profit in Wisconsin has increased by about $23 since 2009 to nearly $577 million in 2011.

The state Legislative Audit Bureau says tribal payments to the state are up 2.5 percent since mid-2010.

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Information from: Milwaukee Journal Sentinel, http://www.jsonline.com
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Source: http://www.todaystmj4.com/news/local/193540791.html

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