Odds you win the lottery are slim
What are the odds you win the lottery? You're more likely to be struck by lightning.
ATLANTIC CITY, N.J. - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March.
The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from gamblers in March, the best single-month total ever. The previous record month was July 2021 at $4.92 billion.
The casinos collectively also had their best first quarter ever, falling just short of the $14.35 billion they won from gamblers in the fourth quarter of last year, which was the highest three-month period in history.
Three states set quarterly revenue records to start this year: Arkansas ($147.4 million); Florida ($182 million), and New York ($996.6 million).
The roulette wheel spins at Caesars Atlantic City July 8, 2006 in Atlantic City, New Jersey. (Photo by William Thomas Cain/Getty Images)
The numbers do not include tribal casinos, which report their income separately and are expected to report similarly positive results.
But while the national casino economy is doing well, there are pockets of sluggishness such as Atlantic City, where in-person casino revenue has not yet rebounded to pre-pandemic levels.
"Consumers continue to seek out gamings entertainment options in record numbers," said Bill Miller, the association's president and CEO. He said the strong performance to start 2022 came "despite continued headwinds from supply chain constraints, labor shortages and the impact of soaring inflation."
The trade group also released its annual State of the States report on Wednesday, examining gambling's performance across the country.
As previously reported, nationwide casino revenue set an all-time high in 2021 at $53.03 billion, up 21% from the previous best year, 2019, before the coronavirus pandemic hit.
RELATED: Lottery winner says mistake led to $1 million prize
But the report includes new details, including that commercial casinos paid a record $11.69 billion in direct gambling tax revenue to state and local governments in 2021. That's an increase of 75% from 2020 and 15 percent from 2019. This does not include the billions more paid in income, sales and other taxes, the association said.
It also ranked the largest casino markets in the U.S. in terms of revenue for 2021:
The Las Vegas Strip is first at $7.05 billion, followed by: Atlantic City ($2.57 billion); the Chicago area ($2.01 billion); Baltimore-Washington D.C. ($2 billion); the Gulf Coast ($1.61 billion); New York City ($1.46 billion); Philadelphia ($1.40 billion); Detroit ($1.29 billion); St. Louis ($1.03 billion); and the Boulder Strip in Nevada ($967 million).
The association divides most of Pennsylvania's casinos into three separate markets: Philadelphia, the Poconos and Pittsburgh. Their combined revenue of nearly $2.88 billion would make them the second largest market in the country if judged as a single entity. It also counts downtown Las Vegas, and its $731 million in revenue, as a separate market.
Seven additional states legalized sports betting and two more added internet gambling in 2021.
The group reported many states saw gamblers spending more in casinos while visiting them in lower numbers compared to pre-pandemic 2019.
The average age of a casino patron last year was 43 1/2, compared to 49 1/2 in 2019.
Americans bet $57.7 billion on sports last year, more than twice the amount from 2020. That generated $4.33 billion in revenue, an increase of nearly 180% over 2020.
Internet gambling revenue reached $3.71 billion last year, and three states New Jersey, Pennsylvania and Michigan each won more than $1 billion online. West Virginias internet gambling market reached $60.9 million in revenue in its first full year of operation, while Connecticuts two internet casinos reported combined revenue of $47.6 million after launching in October.
Read the rest here:
US casinos had best month ever in March, winning $5.3B from gamblers - FOX 5 DC
- Gambling Addiction and Problem Gambling: Learn How to Stop ... [Last Updated On: December 12th, 2016] [Originally Added On: December 12th, 2016]
- Remote Gambling Association (RGA) [Last Updated On: December 16th, 2016] [Originally Added On: December 16th, 2016]
- William Hill Casino Club - Up To 150 Casino Bonus [Last Updated On: December 19th, 2016] [Originally Added On: December 19th, 2016]
- Gambling - The New York Times [Last Updated On: December 31st, 2016] [Originally Added On: December 31st, 2016]
- Trusted Online Gambling Sites Since 1996 - Online.Gambling.org [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Casino Gambling Web | Best Online Gambling News and Casinos ... [Last Updated On: January 11th, 2017] [Originally Added On: January 11th, 2017]
- Gambling Addiction and Problem Gambling - helpguide.org [Last Updated On: January 15th, 2017] [Originally Added On: January 15th, 2017]
- Industry: Crackdown on illegal gambling in the Philippines now ... - GamingTodaySlotsToday [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Military should screen for gambling disorder, GAO says - Virginian-Pilot [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Gambling with people's autonomy | Liberties | Risk | spiked - Spiked [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Bill introduced to lower age for legal gambling in Nevada - Las Vegas Review-Journal [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- FIFA YouTuber Pleads Guilty To Gambling Charges [UPDATE] - GameSpot [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Gambling Stock Roundup: Macau Sales Rise Again in January, Nevada Records a Drop in December - Yahoo Finance [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Super Bowl sets gambling record at Nevada sports books - Reuters [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Older gamblers face worse odds for addiction - Times Herald-Record [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How to Handle Gambling Wins and Losses This Tax Season - TheStreet.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- GAO report recommends military members be screened for ... - wtkr.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- The Newest Challenge in Gambling: Finding Growth - Motley Fool [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Raising a question about gambling prohibition - Dothan Eagle [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- A Creepy Dude Is Your Inner Gambling Addict in These Horrifying PSAs From Tom Tagholm - Fishbowl NY (blog) [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Super Bowl Betting Tally Helps Make the Case for Legalized Sports Gambling - TheStreet.com [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- MLB commissioner admits the league is rethinking its stance on gambling - FOXSports.com [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Why I love fake gambling and in-game casinos according to a psychologist - PC Gamer [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- YouTubers fined for running illegal FIFA 17 gambling site - Ars Technica [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Deducting Gambling Losses on Your Taxes - TheStreet.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Gambling pot grows for Madison County - Utica Observer Dispatch [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- How Vietnam Is Changing Its Gambling Rules To Win Foreign Investment - Forbes [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- No truth to alleged link between missing Spencerport teen, illegal gambling - 13WHAM-TV [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- The world's biggest gamblers - The Economist (blog) [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Idaho House Panel Introduces Bill Limiting Indian Gambling - Boise State Public Radio [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Pennsylvania Omnibus Gambling Bill Presented to House - Casino.Org News [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Gamblers caught in Hat Yai open-air casino bust | Bangkok Post: news - Bangkok Post [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Men Fined Over FIFA Gambling Operation - Card Player - CardPlayer.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Rob Manfred may change MLB's stance on gambling - SB Nation [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Do you have a mobile gambling/gaming problem? - KMTV [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- OUR VIEW: Transparency needed in gambling operations - Pacific Daily News [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- New York State transformation into the gambling big leagues nearly complete with opening of newest casino - The Daily Freeman [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Kenya: Gambling in Kenya Gets Out of Hand - AllAfrica.com [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Gambling Responsibly - New York Times [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Duterte targets illegal gambling in the Philippines - Yahoo News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- US Grabs Biggest Global Gambling Industry Win Share in 2016 - Casino News Daily [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- UFC 208 odds, gambling guide - MMA Fighting [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Calendar urges gamblers to cut their losses l Dayton, Ohio - Dayton Daily News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Gambling Manga "Akagi" Begins Countdown to Conclusion - Crunchyroll News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Football's gambling problem: You better, you better, you bet - Football365.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- States are gambling with law enforcement safety - The Hill (blog) [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- AFL's gambling ads concern for Cats star - Wide World of Sports [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Celeb Gambling Ring Members Fear They've Been CAUGHT On Wiretaps Making Illegal Bets, Source Claims - Radar Online [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Highway Patrol: Raid of Warren bar uncovers illegal gambling - WKBN.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Scary graph shows how Australians are the biggest losers - NEWS.com.au [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Bato: War on illegal gambling won't be bloody - Philippine Star [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Last holdout Lakewood to vote on repealing video gambling ban - Northwest Herald [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- AFL's gambling ads a concern for Geelong Cats star Harry Taylor - The Age [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Online Casinos Generate A Third Of UK Gambling Dollars - CardPlayer.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Darlington deputies bust gambling house in Hartsville | News ... - SCNow [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Kim Jong Un's gambling half-brother reportedly assassinated - CBS News [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- BitcoinCasino.us Ensures Instant Payouts and Responsible Gambling - newsBTC [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Gambling operators are cashing in on teens' addiction to online games - The Canberra Times [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Americans Lost $116.9B Gambling In 2016: Report - CardPlayer.com [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Levine: Rick Hahn, White Sox Gambling On Right Trades At Right Time - CBS Local [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Wesfarmers considers pokies exit in bid to tackle problem gambling - ABC Online [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Massive felony gambling raid in Marietta | WAGA - FOX 5 Atlanta [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- 'War on gambling' starts with small fry - Inquirer.net [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Edgeless Casino Introduces Revolutionary Transparent 0% House Edge Online Gambling - newsBTC [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- FF12: When is gambling illegal in Kansas? - KWCH [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Osage woman accused of stealing, gambling mother's money - Waterloo Cedar Falls Courier [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- 'Operation Parlay' Leads To Gambling Raid, Arrest - Patch.com [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Pete Rose defends legal gambling: 'Who am I hurting?' - Yahoo Sports - Yahoo Sports [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Cops bust alleged gambling ring being run out of Cobb storefronts - Atlanta Journal Constitution [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Dunlap: State Rep. Gets It Right With Sports Gambling - CBS Local [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Gambling Addiction Treatment Center, Rehab - Non Gambler [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Problem Gambling Online Resources - Drugfreeinfo.org [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Attleboro seeks gambling grant for new dispatch center - The Sun Chronicle [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- House gambling bill teed up for next week - SaintPetersBlog (blog) [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Firms oppose Bill regulating gambling - Daily Nation [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Tim Simona faces NRL deregistration after alleged breaches of gambling rules - The Sydney Morning Herald [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Washington State Gambling Commission [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Online Casino USA Friendly Online Casinos for 2017 [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Records: 70 gambling machines seized, two arrested in Alamo raid ... - KGBT-TV [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Florida House Goes Conservative on Gambling Expansion with New ... - Casino News Daily [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]