American online slot have completed a convincing 2018 since all establishments in the country generated a total of $ 41.7 billion, a new record for this activity! This result represents an increase of 3.5% over the year 2017 and a hope for all active casino operators.
A sector on the rise
The American Gaming Association (AGA) reported these results for American casinos. The association specifies that these figures relate only to the country’s commercial casinos (distinguished from tribal casinos). Not all American states are therefore affected: 24 of them offer commercial casinos (such as California, Pennsylvania, and of course, Nevada).
Of these 24 states, 12 have broken records compared to their previous activities. The overall increase is due to the commercial strategies of these casinos, to the favorable economic context but also the creation of casinos (with, for example, with the Hard Rock Atlantic City). The AGA says that the legalization of sports betting in some states has greatly contributed to the increase in revenues.
Sports betting legalization helps casinos
If we take into account the fact that other states will legalize this vertical this year, we can project that the year 2019 will, in turn, represent a record income. Indeed, the PASPA (Professional and Amateur Sports Protection Act of 1992), a treaty that prohibited live sports betting, was repealed by the Supreme Court in May 2018. Nevada was one of the few to benefit from it. A derogation; exemption that did not have, for example, the casinos of New Jersey (Atlantic City). Since then, some states have taken the step to legalize these sports betting.
In the United States, 465 casinos are considered commercial and are therefore included in the AGM’s statistics. Its president Bill Miller said:
“ Year after year, the commercial casino industry has reaffirmed its role as an economic power in the United States. More and more people are benefiting from the economic and social benefits of gambling in their community. The growth in the commercial casino sector allows this industry to continue to reinvest in the community, thereby improving partnerships with small businesses and associations and providing career opportunities for nearly two million Americans. “