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June 21, 2013
Out jackpots and raking in revenue. in may they pulled in $37.5 million in slots and $17.7 million from table games for a total of $55.1 million. >> as easy it is to buy your socks, you can go play blackjack. >> new casinos in new york have hurt the ones in connecticut. those new in kansas have hurt missouri. even before hurricane sandy hit. revenue in atlantic city has been declining since 2006 before the great recession. billion dollar native american casino industry is leveling off as well. i...
June 21, 2013
>> this ride just got wilder. join us for an evening with reba. ♪ >> this problem is not a fluke. . the growth in total gambling tax revenues across the nation has been fairly flat since 2007. more than 80 casinos have opened across the country from 2000 to the present. it doesnt add up. theres a pool of gambling bucks out there so delawares loss is the effect of brand new casinos opening next door in maryland. >> one year after opening maryland live casino is cranking out jackpots and raking ...
May 15, 2012
Expand your facilities to accommodate table games. and two its the people that would work the table games and the dealers. that would spark a lot of jobs. >> reporter: people are asking, why are people spending money when people are struggling with making it. according to this new report it turns out last year americans spent more on commercial casinos as they did on movie, music and outdoor equipment combined. people looking for an escape, and places like this trying to provide it. jon: thank y...
May 15, 2012
Commercial casinos in them as opposed to native-american casinos, 15 of the 22 were up in 2011 over 2010. >> as we know commercial casinos are required to give back a real k. they paid nearly $8 billion in taxes to state and local governments have last year which is a 4.5 increase from 2010. markets like maryland, kansas and new york where new k*zs were open or had a first full year of operations posted the biggest numbers last year. while they are not legal here in the state of new york, video ...
April 4, 2012
Its using too much bandwith. some argue its necessary for business purposes though its a gray area, those are still accessle right now. >> everybody knows las vegas is the number one gambling mecca in the u.s. a lot of folks might be surprised by number two. >> thats exactly right. again, well, first glance you might think it would be new jersey, home to atlantic city. >> yes. >> but its not. its pennsylvania. pennsylvania has 11 casinos that brought in more than $233 million in slot machine rev...
February 24, 2011
Host the sites in atlantic city. hire thousands of workers and take profits. gambling on the internet. measures do it anyway as you said despite the band waging 6 billion a year online. new jersey lawmakers want a piece of the action. first in the nation to pass a bill legalizing web betting on table games. one major gaming company caesars is not all in pushing for the entire nation to play online not just the garden state. >> you have a huge industry operating outside u.s. law with no consumer ...
January 24, 2011
>>reporter: the state of florida is $3.5 million in debt, that is 9 budget deficit, and they will make that up money somehow and each one of the casinos if it becomes law will bring in $500 million a year in tax revenue. the idea is to have four or five of these statewide not one closer than 75 miles to the other so not like a las vegas strip with just four or five in the state. >>shepard: all forms of gambling? well not all forms, can you not do table games, right? >>reporter: you can play blac...
January 31, 2010
Number of other position that we will need to hire. >> there are nine operating casinos offering slot machines in pennsylvania and one state legislature estimates the addition of table game will mean an economic gold rush. >> it will create 10,000 additional jobs for georgia while the gaming industry is a real job generator here, the gaming association says many casinos across the u.s. are reporting revenue loss, pay cuts and layoffs. >> we are probably down in direct employees some where betwee...
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