The Legislative Audit
Bureau released its biennial audit of the Division of
Gaming that showed a drop in revenues and profits at Wisconsin's tribal casinos.
Overall, tribal casinos took in about $1.3 billion each year from 2007 through 2009, the report said. Net revenue fell by 2. 9 percent over the same period.
Actual profits from casinos fell by 9.4 percent, according to the report. They went from $599.5 million in 2007 to $543.4 million in 2009, the audit said.
The state's share of tribal revenues increased during the same time but this was mainly due to a one-time $60 million payment from the Ho-Chunk Nation.
Get the Story:
Wisconsin Indian tribes' 2009 gaming revenue was $1.3B, state audit shows
(The Green Bay Press Gazette 8/10)
Wisconsin tribes get less from casino gambling (AP 8/10)
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Highlights | Full Report | Podcast
Related Stories:
New report to show impact of recession
on Wisconsin tribal casinos (8/4)
Compacts | Regulation
Report shows drop in revenues and profits at Wisconsin casinos
Tuesday, August 10, 2010
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