Fall 2010 issue of Horizons
Hospitality & Gaming
RubinBrown Gaming Survey Predicts Continued Growth for Regional Industry
The Midwest gaming industry saw moderate success during 2009, despite a 6.5 percent national decline in revenue. The RubinBrown Commercial Gaming Stats pools 2009 data from 445 commercial land-based and riverboat casinos in 13 states with legalized gambling. Data was compiled from state gaming regulatory authorities and the American Gaming Association.
Missouri was only one of three states to increase adjusted gross receipts (AGR), with revenue rising 2.85 percent over the previous year, resulting in a slight boost in tax revenue from gaming operations. Pennsylvania had a 21.6 increase in AGRs while Colorado experienced a 2.65 percent increase. The most significant declines were felt in traditional gaming states like Nevada and New Jersey, which suffered double digit reductions, 10.4 percent and 13.25 percent respectively, in revenue.
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