Report shows Wisconsin tribal casinos took in $1.3B last year

Tribal gaming revenue has remained steady over the last three years despite a rocky economy, according to a new report from the Legislative Audit Bureau.

Revenues were about $1.3 billion for 2009, 2010 and 2011, according to the report. But they appeared to take a dip in 2010, when the amount that tribes shared with the state fell slightly.

However, tribes saw an increase in profits at their casinos, the report said. Profits went from $543.4 million in 2009 to $566.7 million in 2011.

In related news, the Wisconsin Policy Research Institute released a report that said the state can't handle new casinos because the market is supposedly saturated. At least three tribes are pursuing, or are considering, new casinos.

Get the Story:
Audit: Wis. tribal gambling generated $1.3b (AP 9/27)
Recession Did Not Keep People from Gambling in Wisconsin Casinos (WUWM 9/27)
Study concludes Wisconsin casino market is saturated (The Milwaukee Journal Sentinel 9/27)

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