HomePublicationsNewsletter ArchiveNewslettersVolume 18Issue 16AGA Report Shows Commercial Casino Revenue Growth in 2012

On Wednesday, May 9, 2012, the American Gaming Association (AGA) announced that it released its annual report, State of the States: The AGA Survey of Casino Entertainment.  The report shows national gross gaming revenues increased by 3 percent in 2011 when compared to 2010 to a total of $35.64 billion.

“These positive 2011 economic figures are welcome news to our industry, our employees, and the communities where we operate,” said Frank J. Fahrenkopf, Jr., president and CEO of the AGA. “While the recovery is ongoing and the commercial casino industry is not monolithic, the data paints an optimistic picture.”

Notably, the report shows that the Detroit market fared well, ranking fourth in the top twenty U.S. casino markets generating $1.42 billion in revenues, employing more than 7,300 workers. In Pennsylvania, gaming revenue increased by more than 21 percent in 2011, while Nevada had a 2.9 percent increase.  Furthermore, the commercial casino gaming industry employed more than 339,000 people and contributed $7.93 billion in tax revenues throughout the U.S.

Additionally, the State of the States report provides other gaming industry sector information.  Specifically, it reports that the gaming equipment manufacturing sector directly generated $12.3 billion in revenue in 2011, a 7 percent increase from 2010.  Gaming equipment manufacturers also employed 30,300 people.  According to the report, there were more than 837,000 gaming machines in operation throughout the U.S. in 2011.

The report also states that 83 percent of elected officials and civic leaders in gaming jurisdictions say that the overall impact of casinos in their area has been positive.  The same percentage also states that the introduction of casinos has met or exceeded their expectations.

The State of the States report highlights public polling data showing that 27 percent of the U.S. adult population visited casinos during 2011.  More than 80 percent of the U.S. adult population also view casino gaming as acceptable for themselves or others.

The State of the States report offers an in-depth look at the commercial casino industry and provides national and state-by-state economic impact data. A full copy of the 2012 State of the States can be downloaded at www.americangaming.org.

 

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