Rise In American Casino Industry

According to the casino news report issued by the American Gaming Association , the slots that accounts for more that 60% has Pompano leading the group clearly followed by Mardi Gras , Magic City and Gulfstream Park in the show. There has been news pouring in that USA has captured a tax amount of around $143million from five different casinos alone. As per the estimation of Seminole and others the yearly approach from the gaming industry is said to be more than $2 billion.

According to few casino news reports the month of April has proved lucky at various facilities for slot revenues. The NSTs shot up to by 7.6% and the gain was more than $ 2.6 million. While casinos like Jai Alai and Miami Casino has witnessed a gain of $4.6 million. March 2012 has also seen the fortune of casinos located at Mississippi grow upto 3.9 %. These casinos have won around $220.4 million as compared to March 2011 that made a collection of $212.1 million.

This sudden improvement has been attracting more and more gamblers, at times flooding the gambling halls. The casinos located at the Gulf Coast made a good fortune too by a rise of 4.8 %.Gulf casinos that have been struggling since July 2009 made a collection of around $101.6 million. Many licensed casinos of Louisiana witnessed a remarkable rise of 5.8 % as compared to the previous year.

Recession had hit high on the gambling industry, marked by a huge revenue slide which has changed now. Pennsylvania casinos that had seen a downfall in 2006 have made a steady recovery by winning $233.1 million in the month of March. Pennsylvania and Atlantic City has equal number of casinos and has been having similar turnovers with regards to revenue generation. The state of Maryland too saw the rise in the revenue which resulted in the opening of two casinos within its own borders.

Many online casinos too have been gaining popularity for offering cash hand outs and constant advertisements to attract huge traffic, while continuing to keep the loyalty points of all its current members intact. Lag Vegas that is known for its casino market had won around $6 billion last year as cited by National Indian Gaming Commission. Last year the revenue in Pennsylvania increased by 21 % overshadowing Atlantic City, N.J thus ranking second in the casino market in America.

The underlying fact behind this steady rise in the revenue in both the locations was that in the year 2011 table games were completely offered; Thereby leading to an increase by 300 % rise in this game’s revenue. Many New Yorkers can now easily opt to drive down to Philadelphia casinos. If you put together a total number of visitors from both the places it comes to an astonishing figure of 25 million.