HomePublicationsNewsletter ArchiveVolume 19Issue 14AGA Publishes Annual State of the States Report

This week, the American Gaming Association (“AGA”) published it’s the 2013 State of the States, the organization’s annual report on the gaming industry. The publication, now in its fourteenth year, provides vital statistics on the gaming industry, including a state-by-state breakdown of gaming revenue, employment, and other metrics.

In his President’s Message, AGA President and CEO Frank Fahrenkopf, Jr. states that “the commercial casino industry is back. 2012 marks three consecutive years of increasing growth rates for gross gaming revenue. In fact, revenue figures were the second-highest in history, which is excellent news for all of those involved in the U.S. gaming industry.”

The report notes that the Detroit market is the fourth largest casino market in the country, generating $1.417 billion in revenue in 2012. Detroit casinos also employed 7,972 people, increasing its employment levels by 9.2% over the prior year, paying a combined $366.53 million in employee wages, tips, and benefits. Wagering tax revenue in Michigan totaled $319.75 million for 2012.

The nationwide commercial casino market also showed strong numbers, with total consumer spending at commercial casinos increasing by 4.8% over last year for a total of $37.34 billion, bolstered by a growing national economy and gaming expansion efforts in several states. 34% of the U.S. population aged 21 or over visited a casino at least once last year to engage in gambling, eat at restaurants, attend a live entertainment event, shop, or take advantage of the various other non-gaming amenities at casino properties. In addition, overall views on gaming remained high, increasing slightly over last year. Overall, 85% of the population viewed gambling as acceptable to themselves or for others, an increase of 4 percentage points from 2012.

For more information, or to read the full 2013 State of the Statesreport, please visit the AGA’s website at http://www.americangaming.org/.

 

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