U.S. Casinos Slowly Coming Back From Recession Woes

By: Associated Press
By: Associated Press

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Wednesday, May 9, 2012

The nation's commercial casinos continued their slow-but-steady comeback from the recession last year, with revenues up 3 percent nationwide and jobs holding nearly steady.

In its annual report released Wednesday, the American Gaming Association noted the nation's 492 non-Indian casinos paid nearly $8 billion in taxes to state and local governments, a 4.5 percent increase over 2010.

The casinos took in $35.6 billion last year.

They also provided more than 339,000 jobs, a decline of less than half of 1 percent from a year earlier. And casino workers saw their pay decline by 3 percent last year, to $12.9 billion in wages, benefits and tips.

Atlantic City had the biggest revenue drop at 7 percent.


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