Report: Revenue and Jobs Decline at US Casinos

By: Wayne Parry AP Email
By: Wayne Parry AP Email

ATLANTIC CITY, N.J. (AP) - A report by the national gambling industry's trade association says revenue and jobs fell last year as Americans became less willing to risk their money.

A study released Monday by the American Gaming Association found
revenue nationwide was down 4.7 percent in 2008 to $32.5 billion.
The year before, revenue had increased by 5.3 percent.

The nation has more than 1,600 casinos, slot parlors and other gambling halls. The number of casino jobs fell 1 percent to more than 357,000.

The gambling halls paid $5.7 billion in taxes to state and local governments last year. That's down slightly from $5.8 billion the year before.

One-quarter of the adult U.S. population visited a casino in 2008.

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