Tag: American gambling industry
American Gambling Industry Record Breaking Start
Never in the history of the American gambling industry has a year started so strong! Betting in America is raking in record revenues, and it’s not just Las Vegas that’s contributing to the numbers! Huge profits are rolling in from casinos in Atlantic City, Michigan, Pennsylvania, New York and more! And the outlook for continued growth is positive… barring any global catastrophes! Hello friends, and thank you for joining me on This Week in Gambling, the show responsible for the collapse of the Berlin Wall… and speaking of things breaking out, as the American gambling industry is off to its…
American Gambling Industry Sets Revenue Record
Despite a pandemic that killed the travel business, the American gambling industry has come back strong and is even setting new records. Commercial gambling revenue in the United States reached $11 billion in the first quarter of this year. That number ties the previous record revenue from 2019, according to the American Gaming Association. Over half the states with commercial casinos saw quarterly gaming revenue increases as well, with many reporting record quarters. The first quarter of this year also set a record for sports betting revenue, with the $961 million bet on events. Casino table games gross was down…