AGA Report Shows Importance Of Gambling Industry In The US
AGA Report Shows Importance Of Gambling Industry In The US
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The American Gaming Association (AGA) has released updated research that represents the first comprehensive report on the gaming industry’s national economic impact since 2018.
In the findings the AGA said that the industry generates some:
$329 billion of output (business sales)
1.8 million jobs with $104 billion of labour income (wages, salaries, tips, benefits and other labour 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 $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.
The AGA website can be found HERE
