US Casinos Generate $3.4BN In September

In September, the USA’s commercial casinos generated $3.4 billion in revenue, up by 2.8% compared to the same month in 2016, according to the latest report released by the University of Nevada Las Vegas.
Back in 1988, the country’s casino market consisted mostly of Nevada and New Jersey, with a handful of other states also having at least one casino each, including Pennsylvania, New York, Maryland and Massachusetts. These days, there are now 39 states with casino industry’s of their own, although Nevada still continues to dominate the nationwide market.
Last month, Nevada generated $979.8 million, or 29% of all casino revenues in the country, with that figure higher by 3.2% versus September of 2016. Around $558.2 million of that amount was subsequently collected from the state’s sports betting industry, which reached record levels during the month.
In 2012, Pennsylvania overtook New Jersey as the country’s second biggest casino market, and in September the state held onto its position with revenues rising by 3.8% to $271 million year-on-year. Meanwhile, New Jersey came in third with $235.8 million in revenue, up by 4.1% y-o-y, with revenues from online gambling growing by 25.2% to $20.3 million in September.
Elsewhere, Maryland reported a huge 38.5% revenue year-over-year increase to $134.5 million, with other states also posting impressive growth including Illinois up 10.1% to $227.3 million, and Ohio up 7% to $146.3 million.
On the flip side, Maryland’s gains have proved to be West Virginia’s losses with the state’s casinos seeing their business decline by 4.3% to $47.8 million in September. Other states also seeing their casino revenues slide include Mississippi and Maine.
For the first nine months of the year, the USA’s commercial casino industry has now generated more than $31.5 billion in revenue, higher by 3% compared to the same period of time in 2016. If tribal casinos were included, however, that figure would almost double to around $61.5 million.
Included amongst the states that do not offer any type of commercial casino gambling in the country are Utah, Hawaii, Florida, New Hampshire, Alaska, Tennessee, and the District of Columbia.