User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Revenue Growth Slowing At Indian Casinos

March 26, 2014, 5:07 AM

Revenue Growth Slowing At Indian Casinos

An industry report says revenue growth at Indian casinos in the U.S was outpaced in 2012 by commercial casinos, racinos and tribal casinos' past performance.

Casino City's Indian Gaming Industry Report, released Wednesday, said the weak economy also slowed tribal gambling revenue.

Still, a two percent rise, to $28.1 billion, brought Indian casino revenue to an all-time high.

Revenues for racinos, or race track casinos, have grown faster than Indian casino gambling in 16 of the 19 years in which racinos have operated. Revenue grew by 8 percent in 2012.

It's been 18 years since revenue at commercial casinos have had a higher annual growth rate than Indian casinos. Commercial casino revenue jumped 4 percent in 2012.

The brighter comparison for commercial casinos is because more have opened and tribal casino markets are aging and locked in tough competition.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch


Events