Report: Revenue and jobs decline at US casinos

May 18, 2009 10:09:07 AM PDT
A report by the national gambling industry's trade association says revenue and jobs fell last year as Americans became less willing to risk their money. A study released Monday by the American Gaming Association found revenue nationwide was down 4.7 percent in 2008 to $32.5 billion. The year before, revenue had increased by 5.3 percent.

The nation has more than 1,600 casinos, slot parlors and other gambling halls. The number of casino jobs fell 1 percent to more than 357,000.

The gambling halls paid $5.7 billion in taxes to state and local governments last year. That's down slightly from $5.8 billion the year before.

One-quarter of the adult U.S. population visited a casino in 2008.

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