Gambling Revenue Down Across U.S. - Las Vegas Down 15 Percent in June

Yep - it's not looking like a very HOT summer in Las Vegas or other casinos across the US. Things should rebound once we have jobs, money, a home to stay in - etc. :-)

Gambling revenue is no longer a sure thing for many states.

In yet another sign of the recession's toll on the U.S. economy, eight of the 12 states that allow commercial gambling, including Nevada, experienced declines in revenue, the Wall Street Journal reports.

In 2008, states' take from casinos was down 2.2 percent to $5.7 billion, according to the American Gaming Association, and casinos as a whole earned roughly $33 billion, down 5 percent from the previous year's total.

At Gambling Revenue Down Across U.S. - Gambling Casinos Profits Down - WKRG.com

Read More in: News

Share this Article with others:

Related Articles:

• The City Beneath Las Vegas - Life in the Las Vegas Tunnels - Mar 05, 2010
• Online Gambling Under Renewed Scrutiny - Go Figure - Dec 04, 2009
• Prof's Las Vegas News Blog - Las Vegas Gets Posted There - Oct 16, 2009

Came straight to this page? Visit Casino Snob for all the latest news.