|
Top-10 U.S. gambling markets by 2007 revenue
20 October 2008
The fifth edition of Casino City's North American Gaming Almanac, the mother of all gaming almanacs, is now available and it is packed with gaming industry details and information on every aspect of the market on the continent.
The almanac is a massive 684-page, information-packed volume that provides both a complete overview and details of land-based and online gaming in the U.S. and Canada.
Published in late September by Casino City Press, the almanac includes market, financial, legal and regulatory information about land-based and online gaming in the U.S. and Canada. It includes profiles for each state and province, and more than 1,000 charts, tables, graphs and lists illustrate everything from revenue by gaming activity to total revenue by state to the gaming percentages of both country's gross domestic product and per capita revenues.
For this week's Top-10 list, we used the almanac to find out what were the Top-10 gaming revenue U.S. markets in 2007.
For more information about our almanac, or to purchase one, please visit the Casino City Press Web site.
10. Indiana - $3.02 billion
Indiana is home to 11 riverboat casinos and two racinos as well as a state lottery, horse racing and charitable gaming. After a growth of 6.76% in casino revenue back in 2006, Indiana's casinos only generated an increase of 1.83% in 2007. Also, charitable gaming revenue declined by more than 17% in 2007.
9. Mississippi - $3.18 billion
The state allows dockside casinos, tribal casinos and bingo. Pari-mutuel betting is not permitted. Before Hurricane Katrina damaged or destroyed many of Mississippi's gaming establishments in 2005, the state had the third-largest casino gaming industry in the U.S. behind Nevada and New Jersey.
8. Illinois - $3.22 billion
Illinois features nine riverboat casinos and eight horse tracks. It also allows charitable gaming and has a state lottery. In February of 2008, the DeKalb County Board approved a proposal to allow electronic bingo machines owned by the Prairie Band Potawatomi Nation and the tribe is currently working on plans to build a facility.
7. Michigan - $3.57 billion
Legalized gambling began in 1933 in Michigan with horse racing. Michigan now permits state-regulated casino gaming, tribal gaming, charitable gaming and a state lottery. In 2007, lottery revenue increased by almost 5% while race/sports revenue fell more than 7%.
6. Florida - $3.70 billion
Florida saw an incredible 366% increase in casino/card room revenue in 2007 as the state pulled in more than $274 million. The race/sports side of things took a major hit, however, dropping more than 42%.
5. Louisiana - $4.05 billion
Louisiana offers 12 riverboat casinos, one land-based casino, three tribal casinos and more than 2,000 video poker outlets. State gaming also includes a lottery, horse racing and charitable gaming. While casino/card room revenue fell 1.23% in 2007, charitable gaming in Louisiana increased by 12.2%.
4. New York - $5.77 billion
New York has a variety of gaming, including tribal casinos and pari-mutuel horse race betting. The state also offers a lottery and charitable gaming. Revenues in casino/card rooms jumped a whopping 94% in 2007, rising from $425 million in 2006 to $828 million in 2007.
3. New Jersey - $6.13 billion
The state of New Jersey legalized casino gaming in 1976. Other types of gaming in the state include pari-mutuel horse race betting, a state lottery and bingo. Despite ranking third on the list, total gambling revenues in New Jersey was down 5.39% in 2007, as compared to 2006 when the total was $6.74 billion.
2. California - $11.06 billion
Gaming activities allowed in the Golden State include tribal casinos, card rooms, a state lottery, charitable poker tournaments and par-mutuel wagering. Revenue from casinos and card rooms was up 6.6% in California in 2007, compared to 2006, but lottery revenue fell more than 8%.
1. Nevada – $12.93 billion
No surprise here. Nevada is the oldest regulated gaming jurisdiction in the U.S. Casinos and slot route operations are the biggest source of gaming revenue. Overall there are 3,563 casino locations in Nevada that are home to 205,163 slot machines.
< Gaming News
|
