Arizona tribes see another dip in gaming revenue

Wednesday, November 4, 2009

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."

Get the Story:
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