State of the States 2019 - American Gaming Association

In commercial casino industry, a company will find advantages in location, facilities and characteristics of personal working in direct contract with customers. Therefore, having a lot of customers patronize a company will not provide huge demand-side benefits of scale. Customers switching costs: In commercial casino industry, when customers purchase service from a casino, it is one time use The commercial casino industry has seen significant growth over the last few decades. Thanks to the ongoing legalization of gambling-related activities and the growth of the experience economy in State of the States 2019: The AGA Survey of the Commercial Casino Industry, is the American Gaming Association’s (AGA) signature research report and the definitive economic analysis of U.S. commercial casino industry and the significant economic impact it has in the 24 U.S. states with commercial gaming operations. US commercial casino revenue dropped nearly 79 percent in the second quarter of 2020 due to COVID-19 shuttering gaming floors. But industry leaders believe a strong recovery is already underway. The commercial casino industry is an important part of the U.S. entertainment industry and the U.S. economy. It is vital to the states and communities where it operates, creating jobs and business opportunities for local businesses and providing direct gaming tax revenues to stimulate struggling economies and help communities grow. There are few sectors in our national economy that require The commercial casino industry paid $9.71 billion in direct state and local taxes in 2018, up 3.05% over 2017. All but six states saw more tax revenue from commercial casino gaming last year than they did the previous year. Taxes paid can decrease even when total gaming revenue increases because some states tax casino games differently. The industry provides/supports more than 730k direct US commercial casinos reported gross gaming revenue of $41.7 billion last year, up 3.5 percent from 2017 and the industry's all-time best mark. American Gaming Association Releases State-By-State Analysis of U.S. Commercial Casino Industry Commercial gaming revenue surpasses $40 billion for first time, according to AGA's 2018 State of the

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