U.S. gaming industry revenue drops by 4.7 percent

Wednesday, May 20, 2009  

Revenues at commercial casinos fell 4.7 percent last year, the American Gaming Association reported.

Gross gaming revenues last year were $32.5 billion. The year before, revenues had increased 5.3 percent.

"The U.S. is grappling with the most severe economic downturn in more than a half-century, and – like nearly every industry – the commercial casino industry has been hit hard," said Frank J. Fahrenkopf, Jr., president and CEO of the AGA, in a press release.

The report, State of the States, does not classify tribal casinos as commercial casinos. But it includes information about Indian gaming markets.

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Report: Revenue and jobs decline at US casinos (AP 5/18)