Record-Breaking Growth of US Commercial Gaming Industry Reported

The US commercial gaming industry has seen record-breaking growth in recent years. According to a report from the American Gaming Association (AGA), the industry generated $261 billion in revenue in 2019, a 6.6% increase from 2018. This marks the sixth consecutive year of growth for the industry, and the highest rate of growth since 2011.

The AGA attributes the growth to a number of factors, including increased consumer spending on gaming products, new gaming technology, and the expansion of legal sports betting. The report also notes that the industry has seen an increase in the number of gaming establishments, which has helped to drive the growth.

The report also found that the industry is now responsible for more than 1.8 million jobs in the US. This includes jobs in casinos, gaming equipment manufacturers, and other related businesses. The industry is also responsible for generating $75 billion in taxes for state and local governments.

The report also highlighted the impact that gaming has had on communities across the country. It found that gaming establishments have contributed to economic development, job creation, and increased tourism. The report also noted that gaming has helped to create new opportunities for small businesses and entrepreneurs.

Overall, the US commercial gaming industry has seen record-breaking growth in recent years. This growth has been driven by increased consumer spending, new gaming technology, and the expansion of legal sports betting. The industry is now responsible for more than 1.8 million jobs and has contributed to economic development and job creation in communities across the country.