The US gaming industry generated a record $66.3bn in revenues in 2013, up 1.6 per cent from the $65.24bn the industry produced in 2012.
The industry has seen a steady increase in revenue over the past four years following the recession. Revenue growth has largely been attributed to market expansion as states continue to legalise gaming and more tribes enter the gaming industry.
Commercial gaming expanded 1.3 per cent in 2013, reaching $37.83bn, in part because six states with commercial gaming operations built new or expanded existing gaming facilities this past year.
Las Vegas experienced a small increase in revenue in 2013, hitting nearly $6.51bn and remaining the top US commercial gaming market. In addition, the state of Nevada dominated the country, generating $11.14bn in commercial gaming revenue.
Atlantic City again held the second top market spot, but revenue slightly decreased in 2013 to $2.93bn, while the entire state of New Jersey experienced a 3.7 per cent decline in revenue.
The state of Ohio had the largest increase in gaming revenue at 149.1 per cent, generating $1.07bn as the market benefitted from the opening of three new slot-only racinos and one new full-service casino in 2013.
Maryland was second to Ohio, with a 98.2 per cent increase in revenue, due in part to the state’s legalisation of gaming tables.
Market saturation was most notable in Pennsylvania, which, despite opening its 12th casino, experienced its first year-over-year decline of 1.5 per cent in gaming revenue since its first casino opened in 2006.
Delaware saw the largest decline in gaming revenue, decreasing 17 per cent from 2012 to $432m.
