The U.S. casino industry is having its best year ever in terms of the amount of money won from gamblers.ATLANTIC CITY, N.J. — The casino gambling industry in the U.S. generates nearly $329 billion a year in economic activity, according to a new study by the industry's national trade association.
The industry paid $52.7 billion last year in taxes to federal, state and local governments, up 29% since 2017, the report said. “Think back to where we were a few years ago with nearly 1,000 casinos, almost all of them closed,” he said. “Today, we're seeing record revenue in the industry.” “I think it speaks to the continuing popularity of casino gambling in the United States,” said David Schwartz, a gambling historian at the University of Nevada Las Vegas. “Despite some economic headwinds, casinos remain powerful drivers of economic activity.”
Bokunewicz said casinos spend significant sums on operating costs, including purchases of goods and services like food, linen, hotel room amenities, laundry services, and building maintenance. They also hire local builders and vendors for construction and ongoing capital improvements.
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