Bloomberg: U.S. Casino Industry Takes In $37 Billion From Gamblers In 2012
Figure Still Below 2007 Peak Of $37.5 Billion
Bloomberg reported Sunday that U.S. commercial casino revenue last year was $37 billion. The figure was based on the organization’s findings as well as data from the American Gaming Association, the casino industry’s top lobbying group on Capitol Hill.
That sum is below 2007’s peak of $37.5 billion.
The most recent tally, as of December 2011, has 445 commercial casinos in the country. However, some states, particularly in the eastern half of the country, have beefed up their gambling industry with new properties. It’s unclear exactly how many casinos exist in the United States at the present time.
A handful have recently popped up in Ohio, once one of the few states without any gambling facilities. Maryland, Massachusetts and Pennsylvania, for example, are three states which are on the verge of big casino construction after their respective officials authorized more gaming.
Despite more casinos contributing to the figure, the $37 billion is definitely a sign that the industry is recovering from the effects of the Great Recession.
The 2013 AGA “State of the States” report is due out in May of this year, and in it should contain more details on how the industry rebounded to $37 billion in 2012.
Stay tuned to CardPlayer.com for more information on this story.
Image via 2011 AGA State of the States.
|1||Phil Ivey's 'Ivey Poker' Closes Virtual Doors|
|2||Casino Heist Remains Unsolved 22 Years Later|
|3||Gambling Site: 2014 WSOP Main Event Betting Odds|
|4||Man: Assaulted When Booted From Casino|
|5||Macau's Minimum Bet Dwarfs Vegas' Figure|
|6||Negreanu, McClelland To Be Inducted Into HoF|
|7||Poker Strategy: The Trouble With War|
|8||The Next Poker Boom May Happen In China|
|9||Poker Hand of the Week: What's Your Play?|
|10||Icahn: Taj Mahal 'Will Almost Certainly Close'|
|1||Judge: Poker Pro Phil Ivey Cheated At London Casino|
|2||WATCH: Man Cracks Opponent's Aces, Rubs It In|
|3||Phil Ivey's Rough Week Continues|
|4||Doug Polk Calls Out Daniel Negreanu|
|5||Iowa Police Steal $100K From Poker Players|
|6||Phil Ivey Gives Interview To 60 Minutes|
|7||Poker Pro Matt Smith Wins DraftKings Millionaire Maker|
|8||Phil Ivey's 'Ivey Poker' Closes Virtual Doors|
|9||Phelps Was Gambling Right Before DUI|
|10||Gambler On Tilt Makes Comment About Ebola|