Casino Stats: Why Gamblers Rarely Win
Casino Stats: Why Gamblers Only Win Rarely While it is normal to think of other ways to make extra money in a down economy you should not gamble. While casinos may offer great entertainment, food and entertainment, statistics show that they are not likely to bring in much more. It would be an understatement to say that casino gambling is a profitable industry. After seven years of year-over-year steady growth, 2020 saw a drop in commercial casino gaming revenues to $30 billion. Yet, gambling remains a huge business. It's not hard to see where the profits are coming from. Each year, millions visit Las Vegas with hopes of winning more money than they paid in. According to the American Gaming Association’s State of the States 2021 Survey, there are more that 450 commercial casinos in the U.S. These casinos generated $6.7 million in gaming taxes in 2018 for local and state governments. Math is the universal language. It rarely lies. There is ...