By Howard Fischer
Capitol Media Services
Maybe it’s the sign of a slightly improved economy.
Or maybe it’s just optimism.
But Arizona tribes took in nearly $1.8 billion last fiscal year even after paying off their winnings. And that’s the best since 2009.
“Gaming is essentially driven by people’s disposable income,” said state Gaming Director Mark Brnovich. “So the fact that we’re starting to see an increase and uptick I think is an indication that although the broader national economy may still be struggle”
That $1.8 billion figure represents gross gaming revenues. That’s what the tribes had left after they paid out in winnings, but before other expenses like payroll and utilities.
