HomePublicationsNewsletter ArchiveNewslettersVolume 23Issue 15Casino Industry is Essential to Small Business Growth, AGA Says

On April 20, 2017, the American Gaming Association (“AGA”) released a new research study titled, The Gaming Industry’s Impact on Small Business Development in the United States, which states that the casino gaming industry is driving small business growth across the country.

According to the study:

· Casinos are responsible for $52 billion in annual small business revenues across real estate, finance, health care, STEM, manufacturing, information technology and other industries;

· Casinos support roughly 350,000 small business jobs;

· Casinos support $13 billion in small business employee wages;

· More than half of casino industry-supported jobs are at non-gaming business such as local restaurants and shops that see an increase in traffic from a casino property; and

· Researchers concluded that gaming’s widespread impact is felt in markets across the country, but has outsized impact in small to mid-sized communities where local businesses work to integrate into gaming operations.

“Gaming is a small business driver and champion,” said Geoff Freeman, President and CEO of AGA. “This new report makes clear that the industry is a critical force behind good paying American jobs from coast to coast.”

The report was commissioned by the AGA and conducted by Spectrum Gaming Group which examined nearly a dozen gaming markets in the United States and assessed casino gaming’s impact, both direct and indirect, on local small businesses.

 

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