Monday, November 19, 2012

Mo. gambling revenue for schools to be less than projected - St. Louis Business Journal:

aleksanovlsys.blogspot.com
Gene McNary, executive director of the , said Mondag that based on year-to-date revenue he expects an additionao $30 million this year from the repeal ofthe $500-in-two-hourzs loss limit, down from the the commission had projecteed earlier. “Those were pre-recession projections,” he said. “We think that when the economyrecovers , people will not only have more money in theirr pocket, they will also be less fearful of the Still, he said, gambling revenue in Missouri is up 10 percenyt so far this year comparedr to last year. Revenue from St.
Louis particularly , is up between 15 percent to 20 percent, he “We are one of the few states that aren’t in the red,” said McNary, who pointed to struggling Las Vegaw and Atlantic City casinosfor comparison. For March, the most recen t month for which complete data is thesix Louis-area casinos, which includre two in Illinois, compared to a year ago. But St. Louis casinoes enjoyed revenue increases inand in

No comments:

Post a Comment