The American Gaming Association (AGA) said the economic footprint of tribal and commercial gaming in the US stood at $328.6bn (£267.9bn/€309.9bn) in 2022.
The AGA outlined this in a new study carried out by Oxford Economics.
According to the study, the US gaming sector also provides 1.8 million individuals with employment, contributing $104bn in wages and salaries. The industry directly employs 700,000 people.
This results in the industry generating $52.7bn in tax revenue to federal, state and local governments.
“The US gaming industry delivers long-term growth and impact to communities, generating significant tax revenue, creating strong jobs, supporting local small businesses and funding critical community priorities,” said AGA president and CEO Bill Miller.
Commercial casino revenue leads total
The AGA’s study stated that in 2022, the gaming industry directly generated $150.3bn in activity. The total comprised $125.9bn of casino spending and $24.4bn of other spending.
Of the ..