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Reports

National Economic Impact of the U.S. Gaming Industry 2023

Tuesday 10 de October 2023 / 12:00

AGA

2 minutos de lectura

(Washington).- The gaming industry has a expansive impact on the U.S. economy – providing stable jobs to nearly two million Americans and generating billions of dollars in tax revenue. This research represents the first comprehensive report on the gaming industry’s national economic impact since 2018.

National Economic Impact of the U.S. Gaming Industry 2023

The gaming industry supports a total economic impact including:

  • $329 billion of output (business sales)
  • 1.8 million jobs with $104 billion of labor income (wages, salaries, tips, benefits and other labor income)
  • $53 billion of federal, state and local taxes, including $13.5 billion of gaming taxes

The gaming industry directly employs more than 700,000 people in the U.S. This includes nearly 600,000 jobs on-site at casinos and corporate offices, more than 23,000 at U.S.-based operations of gaming manufacturers, and 89,000 at businesses providing goods and services to casino patrons during casino trips.

“The U.S. gaming industry delivers long-term growth and impact to communities, generating significant tax revenue, creating strong jobs, supporting local small businesses, and funding critical community priorities.” - AGA President and CEO Bill Miller

The $53 million in taxes generated by the gaming industry provides critical funding for local public programs and services, including education, infrastructure and economic development, as well as supplemental revenue for state general funds.

According to the report, America’s gaming industry directly employs more than 700,000 people in the U.S. Put in context with the broader U.S. economy:

  • Gaming provides more direct jobs than the air transportation, postal service or motion picture and video sectors.
  • Direct casino employment accounts for 1 in 33 leisure and hospitality jobs.

Recent, related AGA research shows the economic benefits generated by gaming are widely recognized by Americans, with a record 71 percent of adults saying the casino gaming industry has a positive impact on the U.S. economy.

Categoría:Reports

Tags: American Gaming Association,

País: United States

Región: EMEA

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

EGT & EGT Digital impressed at GAT Expo 2024 showcasing their innovative iGaming solutions

(Cartagena de Indias, SoloAzar Exclusive).- Ms. Silviya Marinova, Director of EGT Colombia, granted an interview to SoloAzar about the performance of the firm at the latest edition of GAT Expo Cartagena. She spoke about the highlights of the tradeshow, the latest innovations showcased including the Phoenix slot cabinet and the all-in-one betting platform X-Nave. She also remarked the importance of their presence in the iGaming Colombian market.

Wednesday 22 May 2024 / 12:00

Casino Garage: committed to sustainability

(Cartagena de Indias, Exclusive SoloAzar) - Meet Ester Tarres, the visionary behind Casino Garage, a world leader in refurbishing second-hand slot machines since its creation in 2006. With a team of professionals, Casino Garage has become synonymous with excellence. In this article, Ester tells us about her presence at the GAT Expo, held from 9 to 11 April.

Tuesday 07 May 2024 / 12:00

Responsible Gaming, Regulation and Certification in Latin America and the Caribbean

(Cartagena de Indias, Exclusive SoloAzar). - Karen Sierra-Hughes, Vice President for Latin America, the Caribbean and Spain at GLI (Gaming Laboratories International), led the GLI Corporate Conference: Technology and Sustainable Gaming. With her extensive experience as a gaming regulatory consultant in the region, Karen offered key perspectives on how technology can drive sustainability in the gaming industry.

Tuesday 07 May 2024 / 12:00

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