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American Gaming Association Reports Land Gambling Revenue Down
The American Gaming Association, a trade association representing the interests of US land gambling operators, has confirmed news reports of tough times for the industry by releasing annual statistics showing a decline in gambling revenues of $ 1.6 billion to $ 32.5 billion in full year 2008.
Associated Press reports that a study by the industry group shows U.S. commercial casino revenues fell 4.7 percent over the year - the first yearly decline since 1999, when the AGA started tracking revenue using individual states' data.
In FY 2007 casinos reported the highest revenue increases ever at 5.3 percent.
The largest declines among the 12 states that have commercial casinos were in Colorado and Illinois, and are attributed to statewide smoking bans.
Revenue jumped 48.3 percent to $1.6 billion in Pennsylvania, which added a racetrack casino which observers say has taken gamblers from neighbouring New Jersey.
The American Gaming Association's 2008 "State of the States" report includes the information that casino employment was down one tenth of 1 percent to 357 314, and tax revenues totalled $5.7 billion, down 100 million on the previous year. There are 1 606 casinos and card parlours.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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