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Report shows drop in revenues and profits at Wisconsin casinos

Tuesday, August 10, 2010

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.

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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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