AGA and GamblingCompliance Report Highlights U.S. Gaming Industry Growth
WASHINGTON, D.C., August 28th 2018 – The U.S. commercial casino industry generated record annual gaming revenue of more than $40bn in 2017, according to a new report produced by the American Gaming Association (AGA) in collaboration with GamblingCompliance.
The 2018 edition of State of the States: The AGA Survey of the Commercial Casino Industry combines AGA’s two signature publications: State of the States and U.S. Gaming Industry Review. GamblingCompliance had previously collaborated on both publications before they were combined into a single report this year.
“The 2018 State of the States finds the U.S. gaming industry in good health, with the gaming markets of 20 of the 24 states with commercial casinos reporting growth in 2017 and 11 reaching record revenue totals,” said James Kilsby, Managing Director – Americas for GamblingCompliance and a co-author of the report.
“It was a privilege to work once again with AGA on this report, and particularly so in such a landmark year for the gaming industry when the U.S. Supreme Court took the historic decision to hear New Jersey’s successful challenge to the federal ban on sports betting,” Kilsby said.
“Each year, AGA’s State of the States report provides the most detailed snapshot available of our complex industry, and the many benefits AGA members provide for their employees, partners and communities,” said Stacy Papadopoulos, interim CEO of the American Gaming Association. “This year’s report demonstrates the commercial gaming industry’s role as a job creator and revenue generator in states across the country, and we’re proud of the industry’s steady growth over the past few years.”
AGA’s annual State of the States report includes state-by-state analyses of revenue trends and a breakdown of the legality of types of gaming and number of casinos for each of the 24 commercial gaming states. It also looks at the primary competition faced by commercial casinos in each state and summarizes the year’s major gaming policy discussions relevant to gaming operators and suppliers.
Key findings from the 2018 report include:
The commercial gaming industry brought in $40.28bn in gaming revenue in 2017, a 3.4 percent increase over 2016;
In 2017, states received $9.23bn in revenue from commercial gaming taxes alone; and
20 commercial casino states experienced revenue increases in 2017, reflecting strong macroeconomic trends and sustained job growth in most parts of the country.
A copy of the report can be found here.
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