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Casinos in the US report revenue increase

Commercial casinos in the United States experienced a three percent revenue increase in September.

 

According to data collected by the University of Nevada Las Vegas, commercial casinos in the US reached US$3.4 billion in winnings for September. A strong performance of Nevada’s casino industry helped the country achieve these results.

The commercial industry that excludes tribal-run casinos experienced an increase in revenue from gambling of 2.8 percent year-over-year. Of the US$3.4 billion, Nevada contributed US$979.8 million, approximately 29 percent of the share, and reported a 3.2 percent increase in gaming win when compared to September 2016. The Silver State’s results are driven by a strong performance in sports betting, as the month featured a mega fight between Canelo Alvarez and Gennady “GGG” Golovkin, which attracted US#30 million in bets at local sportsbooks.

Pennsylvania saw a strong month as it reported a 3.8 percent increase to US$271 million in winnings. Maryland also experienced a good performance, with the opening from MGM National Harbor almost a year ago boosting the state’s operations with a 38.5 percent increase year-over-year to US$134 million. Ohio saw gaming win grow 7 percent year-over-year to US$146.3 million, whilst Illinois reported a 10.1 percent gain to US$227 million. Atlantic City, the gambling hub of New Jersey, had a strong month in September with US$235 million, a 4.1 percent rise.

Commercial casinos won more than US$31.5 billion in the first nine months of 2017, a 3 percent up when compared to the same period in 2016.

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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