Revenue growth slows at NC's Indian casino
A weak economy has slowed gambling revenues at U.S. Indian casinos just as North Carolina's Cherokee Indians build a second gambling hall.
A national report released Wednesday by Casino City's Indian Gaming Industry says Indian casino revenue growth in 2012 slowed to 2 percent, down from 3.4 percent in the previous year. In North Carolina, revenue was up by nearly 3 percent in 2012, compared to 5.8 percent the previous year.
North Carolina's only casino is operated by the Eastern Band of Cherokee Indians.
Harrah's Cherokee Casino and Hotel employs nearly 6,100 people in the western North Carolina mountains.
The tribe's second casino is scheduled to open in 2015.