It’s no secret that the casino industry in the States is thriving. Despite the strict regulations, it doesn’t mean Americans can’t enjoy a bit of gambling here and there. All the proof you need is in the stats, new job opportunities, as well as the annual revenues. To put it simply, business is booming !
Bearing all this in mind, we’re going to dig a little deeper and look at some interesting facts and stats of some of the most popular US gambling states. If you’re interested in learning more, grab a cup of tea and get reading !
- An Overview of the US Gambling Industry
- Interesting Facts: State by State
An Overview of the US Gambling Industry
The American Gaming Association (AGA) reports that the the American gambling industry is currently worth over $261 billion dollars. Isn’t that impressive ? One thing’s for sure – we’re expecting the US gambling industry to reach even more unpresented heights in the years to come.
For starters, brick and mortar casinos make around $71 billion in revenue every year. What’s more is that the industry has provided 1.8 million jobs in 40 states. Additionally, the US online gambling scene is also playing an important role in all of this. Whilst it’s fair to say that there’s more work to be done in order to pave the way for more states to legalize online gambling, we’ve come a long way. If we look at some stats in the second quarter of 2020, the American Gaming Association outline that the US online gambling gross revenue managed to hit a record breaking mark of $402.7 million (253.8%).
"The American gambling industry is currently worth over $261 billion dollars."
Interesting Facts: State by State
From what you’ve seen so far, you can already tell that the US gambling industry isn’t going anywhere anytime soon. Let us now take a closer look at some facts and stats of some of the most popular states.
Nevada Houses Over 334 Casinos
Viva Las Vegas indeed. This one’s a no brainer – we all know that Nevada is the home of all casino entertainment. In fact, there are over 334 casinos that are currently in business. Oklahoma seems to be catching up seeing as there are already 134 casinos. Will things change for Nevada in a couple of years? Only time will tell!
New Jersey is Thriving
Ever since New Jersey finally legalized sports betting, it has continued to exceed expectations. Back in 2018, this state managed to make 16.4 million in revenue, however, their new numbers speak for themselves. Currently, the state’s revenue exceeds the$300 million mark, whilst its handle has surpassed $557 million!
Colorado – The Top State for Mobile Sports Betting
The citizens of Colorado seem to love their fair share of sports betting. Seeing as this state is the home of huge apps for DraftKings, FanDuel and FoxBet, we shouldn’t be surprised that mobile sports betting is becoming increasing popular in this state.