Friday, March 1, 2013

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

CREATED Feb. 27, 2013

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 says despite the decline in revenue, tribal gaming profit in Wisconsin has increased by about $23 million 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.

Source: http://www.todaystmj4.com/news/local/193642761.html

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