Two months ago, the American Gaming Association (AGA) released State of the States 2018, which reported that consumer spending on commercial casino gaming tallied $40.28 billion in 2017, a 3.4 percent increase of 2016 and record setting revenue return for the industry.State of the States 2018also showed that tribal gaming revenues hit a record $32.4 billion in 2017, up 3.9 percent from the previous year; which means the operator side of the gaming industry generated roughly $73 billion in gross revenue last year.
That combined revenue total seems quite impressive, no? Actually, it is just a drop in the bucket compared to total economic impact the gaming industry has on the U.S. economy, according to the Economic Impact of the U.S. Gaming Industry, a study from the AGA and Oxford Economics that landed a few weeks prior to G2E. To begin, the Economic Impacttabs gaming industry direct spending—a stat that combines casino revenue, gaming manufacturer revenue and ancillary spending by casino patrons both on-and off-site during visits—at an astounding $109 billion. The breakdown, according to the study: