Listen Online - Listen on Mobile Radio.com | Mobile App Info

Good Report Card For Casinos

By: JOHN GURZINSKI/ Getty Images

Things are finally looking up for the nation’s casinos: Revenue at the more than 480 gambling halls increased for the first time in three years, up nearly 1 percent to $34.6 billion.

The downside, according to a new American Gaming Association report, is that casinos lost more than 4,300 jobs.

More than $7.5 billion in tax revenues flowed to state and local governments from casinos, a 3 percent increase.

The 340,000-plus people who worked in casinos last year earned $13.3 billion in wages, benefits and tips last year.

The stats do not track about 450 Indian casinos.

Nevada’s casinos took in $10.4 billion, virtually the same amount as the year before. Atlantic City, N.J., posted the biggest annual decline at 9.4 percent.

Copyright 2011 The Associated Press.

Comments

More From CBS Las Vegas

Get Started
Introducing Your New Podcast Network Play.it

Listen Live