Casinos Ask State to Change Revenue Reporting

Poker Chips

 

DEADWOOD, S.D. (AP) – Deadwood casinos are asking South Dakota’s gambling commission to change the way it reports revenue figures to give a better picture of the industry’s health.
Revenue figures released monthly by the state Commission on Gaming combine the amount gamblers wager of their own money in slot machines and at card tables with the money the industry spends on free promotional play. The free play draws in customers but casinos say it also hurts their bottom line because it’s taxed.
The tax dispute is the subject of a lawsuit. The Rapid City Journal reports (http://bit.ly/Mcq4OC ) that is making the gambling commission hesitant to change the reporting rules.
Deadwood Gaming Association President Tom Nelson says separating the reporting of free play and actual play would help clarify casino revenue.


Comment Disclaimer: The views and opinions expressed in the comments section of DakotaRadioGroup.com are solely those of the comment author and do not necessarily reflect the views and opinions held by DakotaRadioGroup.com.

Leave a Comment



Multimedia