Gambling Industry Revenue Statistics
- Gambling Industry Revenue Statistics 2020
- Gambling Industry Revenue Statistics Definition
- Gambling Industry Revenue Statistics 2019
- Gambling Industry Revenue Statistics Since
In the United States, the gambling industry is worth around $261 billion, as reported by the American Gaming Association. The industry helps to support 1.8 million jobs in states across the nation, with the industry having a difficult and interesting past.
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global online gambling market report based on type, device, and region. GAMBLING INDUSTRY STATISTICS FINANCIAL RESULTS QUANTITATIVE DATA January 2015-March 2017. 2 Table of Contents. Gross Gaming Revenue (GGR) 7,143,968 € 5,695,050.
Over the past few years, gambling has been able to grow considerably with online gambling in the mix as well as sports betting. Learning more about this history and the current state of affairs allows players to have a better understanding of just how gambling came about and what is offered today.
Today, the industry is facing rapid growth and Online United States Casinos stays on top of the industry. With the Ultimate List of USA Gambling Facts, players can better understand the legal aspects as well as the types of gaming offered across the nation. It is now easier than ever for players to access gaming in the U.S., be it land-based or online.
Overall Gambling Revenues in the USA
Every year, gambling revenues in the U.S. reach more than $150 billion. With sports betting now in the mix, this number is set to skyrocket. It has been estimated that as much as $200 billion will be earned each year with the addition of this new gambling option. Americans love to gamble and options on offer in the states include:
- Sports Betting
- Bingo
Gambling Industry Revenue Statistics 2020
Online Gambling in the USA
When it comes to online gambling, several states have passed legislation to allow for online casino and/or poker gaming. In 2013, New Jersey, Delaware, and Nevada passed legislation. It was not until late 2017 when Pennsylvania decided to allow online poker and casino gaming as well, though this industry has yet to launch.
Each month, New Jersey earns over $20 million from online casino and poker games. It’s currently the most successful state that offers legalized online casino and poker gaming. In 2017, the industry earned $245 million. The state continues to see an increase in revenues each year and 2018 should end with record-breaking earnings.
As the year comes to an end, we hope to see even more states get in on the online casino and poker action by passing legislation in 2019.
Sports Betting in the USA
One area in which gambling has grown in 2018 is with sports betting. In the past, sports betting was limited to only four states in the US based on the Professional and Amateur Sports Protection Act (PASPA), a federal law put in place back in 1992. In May of this year, the US Supreme Court decided to strike down this ban, opening up sports betting to states that legalize the option.
As of right now, Delaware, Mississippi, New Jersey, and West Virginia are among the states to offer full fledge sports betting. Other states are getting started as well or are in the process of crafting legislation and expect to offer the activity beginning in 2019. With sports betting in full swing, millions of dollars have already been earned and more is expected to come as other states get in on the action.
Five Types of Gambling Offered in the USA
If you are new to the gambling world, you may be unaware of the types of gambling options found in the US. The following table highlights five types of gambling you can find and a short description for each. For the complete list check out our USA Gambling Facts.
Commercial Casinos
Tribal Casinos
Card Rooms
Gambling Industry Revenue Statistics Definition
Charitable Games
Gambling Industry Revenue Statistics 2019
Sportsbooks
Gambling Industry Revenue Statistics Since
Don’t forget to read our USA Gambling Guide for an in-depth look at the gambling industry in the United States, as well as the OUSC states page for more information about your local community gaming laws. Learning more about these gambling options can help you to find the best options for gambling in your area.