U.S. Gambling Revenues Up 6.8%
Gambling revenues at U.S. commercial casinos rose 6.8 percent to a record $32.4 billion in 2006, according to a survey released Tuesday by the American Gaming Association.
The survey collected data from state regulatory agencies on 460 commercial casinos in 11 states. The casinos employed 366,197 people, up 3.2 percent from a year earlier, and contributed $5.2billion in gambling taxes to state and local governments, up 5.5 percent from a year earlier, according to the survey.
The survey found strong growth in the 36 racetrack casinos across 11 states, which reported 16 percent more in gambling revenue than the previous year, or $3.6 billion. Employment at the properties rose by 30 percent.
Yahoo! Finance - AP Press