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REVENUES

The Wire

Vt. economy hits bottom; revenue forecast up a bit

Vermont's economy apparently is turning a corner but heading into a slow, painful recovery, state budget officials were told Thursday.

Decline continues to slow for AC casinos

After being pummeled by casinos popping up all around it for three years, Atlantic City is starting to roll with the punches.

NH revenues $12M below projections in October

New Hampshire's revenues continue to come in below projections.

New Mexico's 1Q oil and gas revenues plummet

The New Mexico State Land Office has collected $90 million in revenues during the first quarter of this fiscal year, a decline of $104 million from the same period last year.

NCAA: Just 21 percent of athletic depts profitable

Fewer than 25 percent of all major collegiate athletic departments made money in 2007-08.

Sept. revenue declines 5.8 percent at NJ casinos

Revenue is still falling for Atlantic City's 11 casinos, but at least the plunge is slowing down.

Kansas' September revenues trail forecast

Kansas officials say the state's revenues in September came in $67 million below expectations.

August another doggone bad month for AC casinos

If the nation's second-largest gambling market was to have a good month this year, August would have been it: The rain finally stopped and visitors flocked to Atlantic City's 11 casinos.

Sands Bethlehem impact not as bad as feared in AC

For months, Atlantic City has been dreading the opening of a new casino in Bethlehem, Pa., a short drive from some of its best markets in northern New Jersey and New York.

AMC Entertainment says 4th-qtr revenue declined

AMC Entertainment Inc., the nation's second-largest theater chain, says it expects to post lower fiscal fourth-quarter revenue.

NJ casinos post biggest monthly revenue drop ever

For the second straight month, Atlantic City casinos have set a record for the biggest monthly revenue drop in the 30-year history of legalized gambling here.

Revenues and patrons up at Missouri casinos

While both Las Vegas and Atlantic City are reporting double-digit declines in casino revenues, Missouri's gambling income is growing.

NJ casinos post biggest monthly revenue drop ever

Atlantic City's 11 casinos posted a 19.2 percent drop in revenue last month, the biggest monthly decline in the state's 30-year history of legalized gambling.

US newspaper ad sales fall a record $2B in 3Q

U.S. newspaper advertising revenue collapsed by nearly $2 billion, or 18 percent, in the third quarter, according to the Newspaper Association of America, an industry group. Even online ad revenue made a small U-turn for the second quarter in a row.

New Jersey casino revenues edge up, but not enough

This seaside gambling resort was counting on a strong August to help it avoid posting a record-breaking second straight year of declining revenues.

Another June swoon for Atlantic City casinos

A nasty June swoon at the resort's 11 casinos could be evidence that Atlantic City is heading for a second straight down year in terms of revenue.

The Vine

Does Ad Revenue Affect Network Editorials?

Televion ads about healthcare reform have been flooding the newtworks, so one might ask if the ad revenue affects the editorial content and reprorts bt the networks. If there is no effect, what is the effect of the ads compared to the editorials?

Comcast-NBC would make a bad marriage
Source: MarketWatch.com

NBC Universal, a division of General (GE 16.06, -0.36, -2.19%) , desperately needs an owner who can help create popular primetime shows and provide support for the news division. Both entertainment and news operations at NBC are under pressure right now.

Hard-pressed leaders pass nuisance taxes - Washington Times
Source: The Washington Times

State and local governments are raising taxes and inventing new ones as they scramble to balance their budgets even as the nation's economy begins to emerge from the deepest recession in seven decades.

Economic clarity eludes Colo. leaders - The Denver Post
Source: The Denver Post

Colorado's revenues are plummeting. All the economists agree on that — but when it comes to figuring out by how much, they part company.

GameStop profits down 36%
Source: Gamespot

Game retail giant's revenues dip more than 3% to $1.8 billion, profits sink to $39.7 million, projections lowered; VP says Modern Warfare 2 could be best-selling game of all time.

A Visualized Look At The Estimated Revenues Of The Top Cell Phone Manufacturers
Source: iSmashPhone

With the recent announcements of 2nd quarter earnings, some incredible data has been released. The cell phone handset industry has sold over $65B in the last 6 months. Of that, 9.7% was pocketed by the companies.

Iraqi Kurds Cast Ballots in Local Vote
Source: The New York Times

SULAIMANIYA, Iraq — Voters in Iraq's semiautonomous Kurdistan region cast their ballots on Saturday in local presidential and parliamentary elections as a hunger for political reform clashed with a desire to maintain stability.

Freemium and Freeconomics
Source: A VC

This week we saw the release of Chris Anderson's book Free and reviews from the New Yorker (Malcolm Gladwell) and the Financial Times. I'd like to talk a bit about the firestorm that freeconomics (fed by Chris' book) has unleashed but first we need to clarify something.

The Online Ad Recession Is Officially Here: First Quarterly Decline In Revenues
Source: TechCrunch

It was the last part of the advertising sector to fall and may be the first to recover, but online advertising is now in a recession.

AOL Posts 23 Percent Decline In Revenues During 1st Quarter As It Prepares For Spin-Off
Source: TechCrunch

Time Warner announced first quarter earnings today, giving us a peak at how AOL is doing. It' seen better days. Revenues were down 23 percent to $867 million. Of that advertising revenues made up about half ($443 million), but were down a gut-wrenching 20 percent.

OnLine Sales Tax? As Revenues Fall, States Look To OnLine Vendors To Make Up The Difference
Source: Business Week

Amazon tax fever is spreading. In the months since a New York State law took effect that imposes sales taxes on products promoted through Web sites based in the state, other governments have moved to get in on the action, and online retailers aren't happy.

New York Times Sees Intensifying Advertiser Pullback In First Quarter
Source: TechCrunch

The advertising outlook for newspapers is going from awful to horrendous.

Nevada gaming revenues down more than 18 percent
Source: ReviewJournal.com - News

Gaming revenues fell more than 18 percent statewide during February and more than 23 percent on the Strip, according to figures released this morning by the Gaming Control Board.

Norway's global pension gamble
Source: BBC News

It all came to a head earlier this month when it was revealed that Mr Slyngstad's fund suffered a loss of more than $90bn (£61bn) last year.

The Unseen Energy Crisis

The public's memory of high gasoline prices temporarily may fade , but for many citizens, another aspect of that crisis, the nation's utilities, continues to add more suffering to people with disabilities or low incomes.

What If They Held an Auction and Nobody Came? [ebay]
Source: Barron's Markets

Something has gone very wrong at eBay...Seeing eBay project eroding revenues in what should be a seasonally strong Q4 says much about just how bad this year's holiday shopping season could be.

Celiac Disease Underdiagnosed?
Source: WebMD Health

Most Americans who have celiac disease probably don't know it. A new study shows that the criteria used to diagnose the disorder may be too stringent, leaving many people undiagnosed and untreated.

Discount Populism: Why the Federal Gas Tax Holiday Is Bunk

A Federal Gas Tax Holiday is bunk. Worse than bunk, it's counter productive -- the economic equivalent of solving the obesity problem by making Twinkies, ho-hos, and deep-fried mars bars tax deductible. Some people might call that populism, but pandering is closer to the mark.

Halliburton's 3Q earnings up 19 percent - Cites Asian Oil Revenues
Source: Yahoo! News

In a statement, Halliburton Chairman and Chief Executive Dave Lesar said the company's capital expansion in the Eastern Hemisphere resulted in revenue growth of 29 percent versus the third quarter of last year.

Wanted: Experienced, passionate citizens for hyperlocal sites: Earn $$$ from your home!
Source: ojr.org

Backfence has joined the growing list of hyperlocal, grassroots journalism initiatives which have failed. But here are some back-of-the-envelope numbers which suggest such sites can, and should, succeed.

Dispelling Common Myths About the Federal Deficit
Source: investors.com

Then where did the deficits come from? As we noted, the economy's decline in 2001 had a far bigger fiscal impact than first thought. Revenues in 2000 were 20.9% of GDP; by 2004, they had plunged to 16.3% of GDP, lowest since 1959.

Tax Cuts Work: The Data the Media Doesn't Want You to See
Source: investors.com

Note to the tax raisers in Washington and the media who carry their water: Tax cuts work. They did for Coolidge, they did for Kennedy, they did for Reagan. Now they're doing so again for Bush.

Hot Stock Pick! Strip clubs?
Source:

Hot Stock Pick! Strip clubs? Vice has its virtue for the operators of two publicly traded 'gentleman's club' chains. Revenue is soaring and the stocks are on fire.

Newspapers and Their Quest for the Holy Grail
Source: nieman.harvard.edu

Putting the Web first might be 'the most difficult transformation in our mindset, but we should go ahead and flip our world on its head.'

Cutting Taxes May Not Cut Revenues
Source: FOXNews.com

Everyone knows that in math, 4-2 = 2. But that's not always true when it comes to tax policy. Sometimes (often, in fact) 4-2 = 3. In other words, if we cut certain tax rates in half, we won't necessarily cut tax revenues in half. Sometimes they'll drop by far less.

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