Recession, Billion | featured news

(Image from article: "Woods became The First Billion-Dollar Athlete")

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US casino revenue up nearly 5 percent in 2012

Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011.

Woods became The First Billion-Dollar Athlete

There is no recession for Tiger Woods. Our calculations show that the $10 million bonus Woods earned for the FedEx Cup title nudged him over the $1 billion mark in career earnings. Forbes has been tracking athlete earnings since before Tiger turned pro in 1996.

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