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Nevada Casino Revenue Falls A Further 3.2% In January
Online Poker News
January saw Nevada casinos collect $883.3 million in revenue, which represented a decline of 3.2% over the Jan 2009 figure of $912.7 million. …
Nevada casino winnings down 3.2 percent in JanuaryBusinessWeek
Casino Revenue Better Than ExpectedKXNT
Nevada Casino Revenue Drops, But Optimism Runs HighCasino Gambling Web
KTVN

The Calder Casino & Race Course had to know that it was going to take time to catch up to other pari-mutuels when it came to slot revenue. That was evidenced this week by the revenue generated in the first month the slots were operating.

The General Assembly last week approved a tax break for the French Lick Casino Resort, a move that won’t reduce state revenue but adjusts the distribution of local taxes from the gambling operation.

Another state may be working to legalize online poker within its boundaries. Following the announcement by Iowa legislators that they are working on a bill to tax and regulate online poker, officials in Florida are debating the state’s Internet Poker Consumer Protection and Revenue Generation Act.

Florida State Representative Joseph Abruzzo of Wellington, the bill’s sponsor, said that the measure could create US$200 million in taxes and other revenue after twelve months.

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Helped out by new casino openings, Pennsylvania slot revenue was up almost sixteen percent in February from the same period in 2009. The addition of table games should further increase revenue in the near future.

A new casino boat is coming to Little River and could set sail within a month, bringing about 200 jobs and additional revenue to Horry County, officials claim.

The casino industry in Macau is once again booming, as evidenced by the latest revenue figures from February. Revenue was up seventy percent from the same period in 2009.

Pittsburgh Post Gazette
Rivers Casino helps boost Pennsylvania’s February slots revenue
Bizjournals.com
Boosted by two casinos that were not open this time last year, including Pittsburgh’s Rivers Casino, Pennsylvania saw slot machine revenue increase last …
Wynn To Give Philly Casino Pitch To Pa. RegulatorsKDKA
Mount Airy Casino Resort revenue drops one-third from February 2009The Express Times – LehighValleyLive.com
Is the Rivers Casino finally on a roll?Pittsburgh Post Gazette
Casino City Times

Macau’s February casino revenue reportedly up 70%
MarketWatch
Gambling revenue totaled 13.4 billion patacas ($1.68 billion) for the month, according reports citing preliminary figures from the city’s six casino …

Las Vegas Sands will soon be counting on their new Singapore casino to bring in over $1 billion annually. The beginning of that revenue influx will be on April 27th, the first day the casino will be open.

LAS VEGAS – Harrah’s Entertainment Inc., the casino company run by two private equity firms, moved to a profit in the fourth quarter even as its revenue continued falling. Harrah’s on Thursday repor…

The new head of the Ontario lottery wants to consider online casino games to protect and increase revenue.

Mississippi Casino Gambling Revenue Up In January
Casino Gambling Web
Mississippi casino owners had two options when they saw their revenue figures for the month of January. They could have been pleased with the increase in …
January casino revenue down, but not as muchSunHerald.com (registration)
Mississippi casino revenues increase $8.3 million in January from previous monthCanadianBusiness.com

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WKRG-TV
Mississippi casino revenues increase $8.3 million in January from previous month
CanadianBusiness.com
Casinos along the Mississippi River ‘

Mississippi casino owners swallowed a bittersweet pill on Monday when revenue figures were released for January. Revenue was up from December, but down from January 2009.

As the dreaded date of April 15 approaches (of course many file before), sports bettors should be knowledgeable of reporting rules regarding gambling gains or losses. All forms of revenue from gambling are taxable by the Internal Revenue Service. …

MGM Mirage lowered room rates to attract customers to its Las Vegas Strip resorts in the fourth quarter, with the reduced revenue contributing to a quarterly loss of $434 million or 98 cents per share.

While Pennsylvania casinos picked up steam the past couple of months, Connecticut casino gambling revenue was down again in January compared to the same period in 2009.

Foxwoods Resort Casino and MGM Grand at Foxwoods Report January Slot Results
dBusinessNews Hartford (press release)
(BUSINESS WIRE)– Foxwoods Resort Casino and MGM Grand at Foxwoods today reported to the Connecticut State Division of Special Revenue that slot revenue for …
Casinos report small declines in January slot winningsTheDay.com
Foxwoods celebrates 18th anniversaryNorwich Bulletin
Public invited to anniversary party at FoxwoodsTurn to 10.com
TheDay.com
all 11 news articles

Singapore opened its first casino, a key part of a drive to boost tourism revenue and please wealthy visitors