Indian-Operated Casino Revenue Drops in Alabama

MONTGOMERY, Ala. (AP) -- Revenue from Indian-operated gambling in Alabama is no longer growing faster than any other state.

A new Indian Gaming Industry Report by Casino City Press ranks Alabama fourth in revenue growth for 2012 with 10.8 percent. The previous editions of the report ranked Alabama No. 1 for revenue growth among all states from 2008 to 2011, with Alabama experiencing a 26.4 percent growth in 2011.

The study's author, economist Alan Meister of Irvine, Calif., says the growth is still significant in a slow-growth economy. He says Alabama's growth was five times faster than the national average of 2 percent for 2012.

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