MILWAUKEE (AP) -- A new report shows tribal gaming revenue in Wisconsin has declined.
Gaming by the state's 11 tribes generated about $1.2 billion in 2011, down nearly 5 percent from 2007. The Casino City's Indian Gaming Industry report says Wisconsin is one of seven states where tribal gaming revenue has declined. Twenty-eight states have tribal casinos.
Nationally, tribal gaming revenue is up. Tribal casinos took in about $27 billion in 2011, up $3.4 percent from the previous year.
The Journal Sentinel says despite the decline in revenue, tribal gaming profit in Wisconsin has increased by about $23 million since 2009 to nearly $577 million in 2011. The state Legislative Audit Bureau says tribal payments to the state are up 2.5 percent since mid-2010.
Report shows Indian casinos revenue up slightly in 2011
HARTFORD, Conn. (AP) -- A report says Indian casinos posted higher revenue in 2011 despite a weak economy.
The study, "Casino City's Indian Gaming Industry Report," released Wednesday, says that revenue rose 3 percent, to $27.4 billion.
Indian casinos account for about 43 percent of total casino gambling revenue, just slightly less than 45 percent for commercial casinos. Race track casinos account for the rest.
Indian gambling was slowing before the start of the recession in late 2007 due to legislation, regulations and court decisions. Alan Meister, the industry report's author, says restrictions include the types of games offered by Indian casinos, the states where gambling is permitted and other limits.
The report says the outlook for Indian gambling looks healthy because the economy is expected to continue improving, restoring consumer spending.
In addition, many tribes are upgrading, expanding and replacing casinos.