America’s most predominant gambling paradise

Last updated Aug 24, 2016 | USA Online Casino News

When it came to the amount of gaming revenue generated during the year 2013, AGA shows that the Silver State generated over three times more than what the Keystone State generated. Thus, Nevada took the number one position after generating $11.14 billion while Pennsylvania took the second position with $3.14 billion.

America’s most predominant gambling paradise

The state of Nevada has over the years established herself as America’s most predominant gambling paradise. Although this may be no longer the case, Nevada is yet to give up its reign. This is in fact corroborated by a 2013 report by the American Gaming Association (AGA). The report’s main goal was to analyze the impact of commercial casinos on economy in various American states. According to this report, Nevada took the top position in almost all of the set categories. The categories under which it ranked on top include the number of casinos in the state, number of employees working in commercial casinos, amount of wages paid to the employees and the amount of gaming revenue generated in a year. Unfortunately, in terms of tax revenue, the state of Nevada was ranked second; after Pennsylvania. It’s however worth noting that Pennsylvania was the only state that was able to surpass the $1 billion mark in terms of tax revenue.

GAMING REVENUE

When it came to the amount of gaming revenue generated during the year 2013, AGA shows that the Silver State generated over three times more than what the Keystone State generated. Thus, Nevada took the number one position after generating $11.14 billion while Pennsylvania took the second position with $3.14 billion. On the third place was New Jersey which posted a $2.87 billion in revenue, all of which was attributed to its struggling casinos in the Atlantic City. On the fourth and fifth places were Louisiana and Indiana who recorded $2.43 and $2.33 billion of revenue respectively.

Of all the 2013’s revenue generated from commercial casinos ($37.78 billion), 30.2% came from Nevada.

EMPLOYMENT

Nevada’s prominence in the casino business was also noted under the employment category. While the 263 commercial casinos in the state employed 169,908 people, New Jersey, which came in second, only employed 32,427 people. On the third, fourth and fifth places were Mississippi, Louisiana and Indiana with each of them employing 22,770, 15,706 and 12,537 employees respectively.

WAGES

In terms of wages, casinos in Nevada paid a total of $7.7 billion in the year 2013 alone. Taking the second and third places were Mississippi at $831 million and New Jersey at $774.6 million. This means that the Garden State, which employed 10,000 more employees than Mississippi, paid them $56.4 million less in wages. Closing the top five list was Louisiana on the fourth place and at Pennsylvania on the fifth place. Each paid its employees $602.6 and $439.3 million in wages.

TAX REVENUE

In regards to the tax revenue, Nevada lost to Pennsylvania by slightly over half a million dollars – Pennsylvania’s 2013 tax revenue stood at $1.43 million while Nevada’s was at $ 903.4 million. New York made its first appearance on the top five list as it took the third position with $877.7 million while Indiana took the fourth position with $702.5 million. This time round, Louisiana took position five with $587.5 million in total tax revenue.

In total, the American commercial casino industry employed 339,770 employees in 2013. These included both the American citizens and the non-Americans. The combined amount of wages paid to these employees amounted to $13.44 billion. Lastly, the total tax revenue collected during the year added up to $8.67 billion.