US gambling revenue down $1.6B to 32.5B

  • American Gaming Association says consumers pent $1.6 billion less in commercial casinos in 2008 than 2007 as economic woes led many American to cut leisure spending.
  • US commercial casino revenues fell 4.7% to 32.5 billion.
  • First yearly decline since 1999.
  • Study also says, statewide smoking bans hurt gambling in Colorado and Illinois. 
  • Those states saw the largest percentage decrease among the 12 states with commercial casinos.
  • Revenue jumped 48.3% to $1.6 billion in Pennsylvania after adding a racetrack casino and fought for customers from new Jersey

Source: Seattle Times

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