They also hire local builders and vendors for construction and ongoing capital improvements. “People employed by casinos use those wages and benefits to purchase additional goods and services, generating secondary economic impact.”īokunewicz said casinos spend significant sums on operating costs, including purchases of goods and services like food, linen, hotel room amenities, laundry services, and building maintenance. “Casinos are often the largest employers in a region, with major commitments in terms of wages and benefits,” she said. Jane Bokunewicz, director of the Lloyd Levenson Institute at New Jersey’s Stockton University, which studies the Atlantic City gambling industry, said money won by casinos is just part of their overall contribution to the nation’s economy. “Despite some economic headwinds, casinos remain powerful drivers of economic activity.” “I think it speaks to the continuing popularity of casino gambling in the United States,” said David Schwartz, a gambling historian at the University of Nevada Las Vegas.

It is on a pace to exceed the $60 billion it won from gamblers last year. casino industry is having its best year ever this year in terms of the amount of money won from gamblers.

Sports betting industry worth