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2023: Record-Breaking Year for U.S. Gambling Industry

1 min read
Source: ABC News
2023: Record-Breaking Year for U.S. Gambling Industry
Photo: ABC News
TL;DR

U.S. commercial casinos had their best year ever in 2023, winning $66.5 billion from gamblers, a 10% increase from 2022, despite concerns about inflation. Total casino gambling revenue, including tribal-owned casinos, is expected to reach close to $110 billion. Sports betting saw a significant increase, generating $10.92 billion in revenue, with five new markets contributing to the growth. Internet gambling also surged, reaching $6.17 billion in revenue. Despite some declines in a few states, 31 out of 35 states with commercial casinos saw revenue increase.

Topics:businessbusiness-entertainment#american-gaming-association#business-entertainment#casinos#gambling#revenue#sports-betting
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  1. U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear  ABC News
  2. Sports betting industry posts record $11B in 2023 revenue  ESPN
  3. New York is nation’s leader in sports betting revenue, report says  New York Daily News
  4. US sports betting industry made record revenue in 2023 as bets spike  USA TODAY
  5. Pennsylvania casinos continue to rake in the chips  Pittsburgh Post-Gazette

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