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States with Expanded Gambling Buck Wider U.S. Decline

12th May 2010 8:28 am GMT

Struggling to cope with reduced consumer spending and shrinking travel and leisure budgets as a result of the recession, gross gaming revenues from the US commercial casino industry declined for the second successive year to US$30.7bn in 2009, according to latest statistics from the American Gaming Association.

Nationwide revenues have fallen to $30.7bn from a high of $34.1bn in 2007, but continue to be an important generator of tax revenues, providing nearly a third of a [...]

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