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America's commercial casinos achieved a record-breaking year in 2023, winning $66.5 billion from gamblers, according to figures released by the American Gaming Association (AGA), Wayne Parry reported for the Associated Press (AP).
The total represents a 10% increase compared to 2022, which was also a record-setting year for the industry.
This total represents a 10% increase compared to 2022, which was also a record-setting year for the industry.
When revenue figures from tribal-owned casinos are factored in later this year, it is anticipated that overall casino gambling brought in close to $110 billion to US casino operators in 2023.
Despite inflationary pressures, which kept costs elevated, the demand for gaming among American adults remained at an all-time high.
Bill Miller, president and CEO of the AGA, highlighted the resilience of the industry, noting that even during times of uncertainty and economic challenges, casino revenues continued to soar, setting new records for December and the fourth quarter of 2023.
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