CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Revenue up in Alberta

7 March 2016

ALBERTA, Canada -- Gaming revenue has risen overall in Alberta for the first half of the fiscal year, according to a Calgary Herald report.

VLTs, however, came in much lower than expected, the report said.

Low oil prices are challenging the province's oil-dependant economy, which likely explains why VLTs were $18 million below expectations, the Calgary Herald explained.

During economic downturns punters are more inclined to play the lottery, the report noted.

< Gaming News