This isn't true either, not in an accounting sense. As in, there is no expense line in a casino's income statement for "payouts". A casino's revenue is, with a

This isn't true either, not in an accounting sense. As in, there is no expense line in a casino's income statement for "payouts". A casino's revenue is, with a few technical exceptions, the difference between all wagers made by customers and all payouts made back to them. So "payouts" are more like negative revenue. It's sort of like Visa, when it processes a $100 transaction, it doesn't record $100 in revenue and a $97 expense. It just records $3 in revenue. It's an important distinction since in most states in the U.S., casinos are taxed right off the top as a percentage of revenue, in addition to normal income, sales and employment taxes. (Not true of native American casinos, which are often exempt from most or all taxes)