McCain's Home State Of Arizona Struggling With Gambling Revenue

John McCain is in the last weekend of his bid to become the next President of the United States. Whether he achieves his goal or not, which polls indicate he will not, he still will have to deal with a revenue decline from casinos in his home state of Arizona.

The Arizona Gaming Department released figures on Friday that followed the trends of other states in the country. Casino gambling revenue is down causing less money to be given to the state.

"We're riding the same sort of wave as any industry that solely relies on disposable income," said Sheila Morago, Executive Director of the Arizona Indian Gaming Association. Although tribal casinos play by their own rules, they still are dealing with the economic crisis that is currently facing the nation.

For the third quarter, Arizona revenue from Indian tribes was down almost ten percent from the same period last year. The actual amount shared was $25 million, compared to $27.5 million last year.

It will take a while, but the casinos are encouraged that once the new president is chosen, people will once again get comfortable with spending money. "Luckily for us, change is coming to the White House at the right time. If the polls are correct, and Mr. Obama wins the presidency, it shouldn't be long before America begins to turn things around and our customers come back," said Marian Belgready, a longtime casino employee.

November 1, 2008
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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