Michigan And Missouri Casinos Have Revenue Increase In February

It has not been a kind year to the two biggest casino cities in the US. Las Vegas and Atlantic City have both seen their casino revenue drop drastically month after month in the past year.

For states with smaller casino operations, however, the news remains promising. Michigan and Missouri both experienced revenue growth in February, and are expecting more of the same for the next few months.

"It wouldn't surprise me as we step up our game that our competitors would do so as well," said Managing Director for the Fine Point Group, Randall A. Fine, "A good casino operator isn't going to sit around and complain about the economy...maybe all three Detroit casinos have adopted that attitude."

Actually, in Las Vegas and Atlantic City, casino operators are complaining about the economy, among other things. In AC casino owners were blaming their revenue drop on a smoking ban, yet once they had the ban lifted, their figures dropped even lower.

In Detroit, casino revenue was up 4.1% in February from the same period the year before, according to the Michigan Gaming Control Board. Recent big events held in the city are being cited as the reason the figures are up.

Missouri casinos also had themselves a solid month of February. State casinos had a revenue increase of $5.1 million over February of 2008. A new casino in St. Louis has much to do with the revenue spike this year.

March 11, 2009
Posted By April Gardner
Staff Editor, CasinoGamblingWeb.com
Submit News!

Bilingual Problem Gambling Treatment Spreading Through US
Smoking Continues, Gambling Revenue Decreases At AC Casinos
Woman Wins $5 Million Jackpot While Gambling In Oregon Casino
Hard Rock Casino Adds Exciting Bonus Game to Slot Floor
Boyd Gaming Affirms Commitment To Buy Station Casinos Assets