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Montana's gambling industry: an update. (Gambling).


by Polzin, Paul E.^Baldridge, John^Sylvester, James T.
Montana Business Quarterly • Autumn, 2002 •

With this data, we can compare gambling to other businesses such as department stores, grocery stores, and food service and drinking places. Gambling is a significant industry in Montana. Any attempt to restrict the gambling industry would negatively impact a sizable portion of Montana s economy. Figure 1 Revenue and Expenses, Montana Gambling Establishments, 2001 Revenues $1,039 million Gambling $281 Fuel $253 Food $202 ** $183 Other $110 Expenses $1,039 million Cost of goods sold $406 Payroll $201 Business services $85 VGM expenses $49 Taxes $74 Other $106 Utilities $30 Net margin $88 Source: Bureau of Business and Economic Research, The University of Montana-Missoula. Note: Table made from bar graph *[Unreadable in original source] Figure 2 Sources of Revenue, Montana Gambling Establishments, 2001

Number of

Establishments

Gambling Fuel Food Alcohol Other in Montana 1-5 machines 6% 40 37% -- 10% 451 6-10 machines 13% 30% 38% -- 19% 477 11-19 machines 32% 50% 29% -- 9% 289 20 machines 66% 13% 15% -- 6% 294 Travel stops 12% 65% 9% 4% 10% 85 Source: Bureau of Business and Economic Research, The University of Montana-Missoula. Note: Table made from bar graph Figure 3 Total Sales, Montana Gambling Establishment and Slected Industries, Selected Years Gambling Establishments (2001) $1.039 General Merchandise Stores (1997) $1.147 Food and Beverage Stores (1997) $1.320 Food Services and Drinking $0.861 Places (1997) Source: Bureau of Business and Economic Research, The University of Montana- Missoula and U.S. Bureau of the Census. Note: Table made from bar graph Figure 4 Total Employment, Montana Gambling Establishments and Selected Industries, 2001 Gambling Establishments 22,500 General Merchandise Stores (SIC 53) 9,800 Food and Beverage Stores (SIC 54) 10,600 Food Services and Drinking 31,700 Places (SIC 58) Source: Bureau of Business and Economic Research, The University of Montana- Missoula and Montana Department of Labour and Industry. Note: Table made from bar graph Figure 5 Sources of Revenue, Montana Gambling Establishments, 1997 and 2001

1997 2001

$923 million $1,039 million Gambling $219 $281 Fuel $199 $253 Food $246 $202 Alcohol $176 $193 Other $83 $110 Source: Bureau of Business and Economic Research, The University of Montana-Missoula. Note: Table made from bar graph Table 1 Full-and Part-time Employment, Montana Gambling Establishments, 2001

NUMBER OF VGMS

1 to 5 6 to 10 11 to 19

Number % Number % Number % Part-time Employees 2,255 55.5 3,339 46.7 1,734 40.0 Full-time Employees 1,804 44.5 3,816 53.3 2,601 60.0 Total 4,059 100.0 7,155 100.0 4,335 100.0

NUMBER OF VGMS

20 Fuel Stops Total

Number % Number % Number % Part-time Employees 2,058 41.2 765 39.1 10,151 46.7 Full-time Employees 2.940 58.8 1,190 60.9 12,351 54.9 Total 4,998 100.0 1,955 100.0 22,502 100.0 Source: Bureau of Busines and Economic Research, The University of Montana-Missoula.

Paul E. Polzin is the director of the UM Bureau of Business and Economic Research, John Baldridge is the Bureau's director of survey development, and James T Sylvester is the Bureau's director of survey operations.


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COPYRIGHT 2002 University of Montana Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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