Here is Celeste Hadrick at Newsday on the fall in gambling revenues:
"Just as people cut back their spending during the current recession, gamblers have cut back on the dollars they bet.Read the rest here.
... New York's drop in horse-race wagering mirrors a general decline in gambling overall throughout the country.
... Atlantic City's 11 casinos reported a 19.4 percent decrease in gambling revenue in March alone, the largest year-over-year decline in the resort's 31- year gambling history, The Philadelphia Inquirer reported last month.
Even in glitzy Las Vegas, revenue is off 20 percent because of the global recession, news services reported last week."