Report: Casinos generated $125 billion in spending in '10

U.S. casinos and the industries that depend on them made a $125 billion economic splash in 2010 -- equal to 1 percent of U.S. gross domestic product.

That's according to a new study by the American Gaming Association, which counted direct and indirect spending.

"There is no doubt the commercial casino industry is a significant and vital part of our nation's economy," President and CEO Frank J. Fahrenkopf Jr., said in a statement. "The industry generates and supports economic activity that stretches far beyond the communities that host casinos."

The report shows 566 casinos in 22 states supported about $125 billion in spending and 820,000 U.S. jobs in 2010.

Direct consumer casino spending accounts for about 350,000 jobs and $50 billion. About one-third of the money came from non-gambling sources.

Indirect spending generated about 470,000 jobs and $76 billion.

Taxes paid directly by the industry in 2010 totaled nearly $16 billion; $25 billion when indirect activity is counted.


Comment section guidelines

The below comment section contains thoughts and opinions from users that in no way represent the views of the Las Vegas Review-Journal. This public platform is intended to provide a forum for users of to share ideas, express thoughtful opinions and carry the conversation beyond the article. Users must follow the guidelines under our Commenting Policy and are encouraged to use the moderation tools to help maintain civility and keep discussions on topic.

View Comments