December 25, 2024

Potawatomi's Milwaukee casino revenue increases 1.7% as tribe … – Spectrum News 1

Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

Get the best experience and stay connected to your community with our Spectrum News app. Learn More
Continue in Browser
Get hyperlocal forecasts, radar and weather alerts.
Please enter a valid zipcode.
Save
MILWAUKEE (AP) — Gamblers lost at least $415 million at the Forest County Potawatomi casino in Milwaukee over the last fiscal year, about 1.7% more than they lost the previous year.
Wisconsin tribes’ casino revenue is confidential, but the Milwaukee Journal Sentinel was able to calculate the figures, since the Potawatomi pay the city and county of Milwaukee 1.5% of its net win. The tribe paid about $5.9 million to each government entity for the year that ended June 30. That compares with $4.4 million to each entity in 2021.
The net win doesn’t include revenue generated by the casino’s restaurants, concerts and hotel. The tribe also is required to pay the state $20 million as part of its gaming compact.
The Potawatomi are preparing to deal with competing casinos opening in downtown Chicago; Waukegan, Illinois; and Beloit. The tribe last year announced plans for a $100 million renovation that includes adding 1,800 slot machines, a new bar and a new restaurant and room for high-limit gamblers with a craft bar, a kitchen featuring a brick oven, and a stage for live performances.
“The big concerns are we can we grow our revenue in this competitive market,” said Jeff Crawford, the tribe’s attorney general.
The country’s 519 Indian casinos raked in $40.9 billion in their last fiscal year, according to the National Indian Gaming Commission, a 4.9% increase over the previous year’s total of $39 billion.
Gaming revenue at Nevada casinos increased 10.5%, from $13.4 billion in 2021 to $14.8 billion in 2022.

source
Visit
Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

Contact :

ca***********@gm***.com











Please follow and like us:

5 thoughts on “Potawatomi's Milwaukee casino revenue increases 1.7% as tribe … – Spectrum News 1

  1. Scrap Copper trading

    Scrap copper valuation Copper scrap segmentation Copper scrap emergency protocols

  2. Iron scrap export procedures

    Scrap metal reprocessing facility Metal recycling industry updates Iron recycling operations

    Ferrous material business operations, Iron scrap regeneration, Non-ferrous metal scrap

  3. Iron waste reclaiming and reuse

    Metal recycling salvage Ferrous scrap handling solutions Iron recovery industry

    Ferrous material recycling technology updates, Iron recycling and recovery services, Metal handling services

  4. Iron scrap reclaiming facility

    Scrap metal recovery and salvage Ferrous metal packaging Iron reprocessing operations

    Ferrous material client retention, Recycling iron scraps, Metal scrap reclamation

  5. Iron and steel scrap yard

    Eco-friendly metal recycling Ferrous material transportation regulations Iron sorting

    Ferrous material recycling industry, Iron recovery industry, Scrap metal

Leave a Reply

Your email address will not be published. Required fields are marked *