News From The Casino Scene

Casino revenues up from 2012 in US

Casino revenues up from 2012 in US

There is a good outlook and high hopes as the most US commercial casinos show gambling revenues increasing up to 5% last year and jobs remaining steady for the moment. According to an annual survey by the American Gaming Association, non-tribal casinos raked in $37 billion last year which represents an increase of 4.8% over 2011. This was the second highest revenue income ever, preceeded only by the 2007 figures when casinos raked in $37.5 billion shortly before the recession.

"By almost all measures, our industry is expanding and growing, which is good news for our employees and the communities where they live and work," said Frank Fahrenkopf, the association's president. In 2012 there were 513 registered commercial casinos, an increase from the 492 registered in 2011. Las Vegas is still the country's top gambling market with over $6.2 billion in revenue from 2012.

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