Arizona tribes saw a 14 percent drop in gaming revenues in the last quarter, the second-worst quarter since 1993 and seventh quarterly decline in a row.
"We are still not out of this," Sheila Morago, the executive director of the Arizona Indian Gaming Association told The Arizona Republic. "Disposable income is still very scarce."
Tribes share a portion of their revenues with the state. The Arizona Department of Gaming said it received $21.4 million last quarter, down from $25 million a year earlier.
"People were hoping we had hit bottom at 9.4 percent," spokesperson Rick Medina told the paper "The third quarter was worse than we expected."
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Casino revenue falls 14% as consumers cut back
(The Arizona Republic 11/4)
Recent Arizona Department of Gaming Reports:
FY2009 Annual Report of Tribal Contributions |
Quarterly Tribal Contributions
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