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US commercial casino annual revenue tops $40bn for the first time

US gaming enjoyed its best year to date, recording commercial gaming revenue of over $40bn for the first time, according to the AGA State of the States report for 2017.

US Revenue

A total of 20 commercial casino states experienced revenue increases, and saw over 360,000 people employed, paying more than $17bn in wages, benefits and tips.

Gaming proved to be great for the states, as tax revenue from commercial gaming tax hit $9.2bn over the 460 casinos nationwide.

Maryland had the best revenue percentage growth for the year, as revenue jumped to $1.6bn, a year-on-year increase of 34%, with the opening of National Harbour reflecting part of that increase.

Oklahoma saw a 10% rise in revenue, as two casinos were allowed to open on a 24-hour basis, and Ohio and Massachusetts saw record revenue of $1.7bn and $164m respectively.

Of the four states reporting lower revenue totals in 2017, West Virginia saw the steepest percentage drop-off, as revenue decreased by 5%, partially down to increased competition from neighbouring states.

 

 

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