Potawatomi's Milwaukee casino revenue increases 1.7% as tribe braces for competition

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Potawatomi's Milwaukee casino revenue increases 1.7% as tribe braces for competition
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Over the past fiscal year, visitors at the Forest County Potawatomi casino in Milwaukee lost a minimum of $415 million in gambling losses, marking a 1.7% uptick from the previous year.

The Potawatomi are preparing to deal with competing casinos opening in downtown Chicago; Waukegan, Illinois; and Beloit. The tribe last year announced plans for a $100 million renovation that includes adding 1,800 slot machines, a new bar and a new restaurant and room for high-limit gamblers with a craft bar, a kitchen featuring a brick oven, and a stage for live performances.

"The big concerns are we can we grow our revenue in this competitive market," said Jeff Crawford, the tribe's attorney general., a 4.9% increase over the previous year’s total of $39 billion. Gaming revenue at Nevada casinos increased 10.5%, from $13.4 billion in 2021 to $14.8 billion in 2022. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox

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