Gambling

American Gambling Industry Sets Revenue Record

Despite a pandemic that killed the travel business, the American gambling industry has come back strong and is even setting new records. Commercial gambling revenue in the United States reached $11 billion in the first quarter of this year. That number ties the previous record revenue from 2019, according to the American Gaming Association. Over half the states with commercial casinos saw quarterly gaming revenue increases as well, with many reporting record quarters. The first quarter of this year also set a record for sports betting revenue, with the $961 million bet on events. Casino table games gross was down…

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