U.S. Commercial Casinos Win $3.3B In JuneIndustry Continues Winning Streak in 2017 |
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June was another strong month for the U.S. commercial casino industry. The industry, which excludes tribal-run casinos, saw revenue from gambling increase year-over-year by more than two percent to more than $3.3 billion.
That’s according to data compiled by the University of Nevada Las Vegas’ Center for Gaming Research. Nevada accounted for $895.4 million of the nationwide win, or about 27 percent. Silver State gaming win was up about a percent year-over-year.
Atlantic City casinos had a strong June as well. Gaming win of $217.7 million was 1.8 percent more than what was won in June 2016. That’s with one fewer casino. The Trump Taj Mahal closed its doors in October.
Illinois’ gambling industry continued its winning streak, with gaming revenue growing by nearly 10 percent in June to $218.5 million.
Pennsylvania, the nation’s second largest commercial casino gambling market, saw revenue of $258.4 million from slots and table games, which was virtually flat compared to the same month last year. Louisiana casinos won slightly more with $260.1 million in revenue, which was up nearly five year, according to UNLV.
Maryland is still the nation’s fastest growing casino market, with revenue growing nearly 40 percent year-over-year to $130.4 million. The state is still seeing the benefits of MGM National Harbor, which opened late last year. West Virginia has been hit hard by Maryland’s gains, but the state’s casinos won $55.1 million in June, up more than a percent.
Altogether, there are 24 states with commercial casinos. A commercial casino is a land-based, riverboat, dockside or racetrack facility operated by private companies under licenses issued by state governments, according to the American Gaming Association.
Through the first six months of 2017, the $20.9 billion in gaming win was up 2.5 percent compared to the same period last year. The only month that saw a revenue decline was February, but there was one less day due to 2016’s leap year.
The data doesn’t include gaming revenue from the nation’s tribal casino industry, which wins about $30 billion annually. Commercial casinos win more than $40 billion.
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