US commercial casinos generate US$3.4 billion in August

Maryland was the biggest mover during the month up 32.4% due to the continuing success of MGM National Harbor casino, followed by Nevada up 15% and Kansas up 11%.

The biggest declines were felt in West Virginia where the effects of the new casinos in Maryland forced GGR down 6% and Louisiana down4%.

Nevada accounted for US$989.5m to the nationwide win, or about 29% with the August 26 exhibition boxing match between Floyd Mayweather and the UFC’s Conor McGregor generating US$70m worth of legal bets.

The casino gaming industry supports 635,000 tribal gaming jobs and has an economic impact of nearly $97bn, according to the American Gaming Association (AGA).

"Casino gaming is a strong community partner throughout Oklahoma and across the 40 states where our industry operates,” said Geoff Freeman, president and CEO of the AGA. "As tribal and commercial operators continue to work together, our industry will continue to grow in the years to come.”

Researchers from Spectrum Gaming Group concluded that gaming’s widespread impact is felt in markets across the country, but has larger impacts in small to mid-sized communities where local businesses work to integrate into gaming operations.

Source: GMB / G3 Newswire