The economic impact of gambling in the United States

The research company Oxford Economics has just published a report that examines the impact of the industry of gambling in the whole of the American economy.
This interesting study examines, among others, the casinos and the manufacturers of games.

Some figures

With reading the study results, we learn for example that the gambling industry contributes $240 billion to the American economy, which is equivalent to the combined budgets of the State of New York and that of Texas.
The industry employs over 1.7 million people, more than twice the population of Washington DC.
It generates $38 billion in tax revenues for local, state and federal governments.
All the land-based casinos in America, including those belonging to native American reservations, generate more than $81 billion in revenues.
The revenue of the games business reaches $67 billion, which is a record high.
The global market for manufacturers of equipment, whether slot machines, video poker machines, table games, or other products used in a casino, contributes almost $6 billion in revenue.
The industry makes more than $14 billion of money spent in restaurants, stores and hotels.
It generates about $60 billion of payments to suppliers, including many local businesses, and injects $78 million for the expenses of their employees.

Some statements

By discovering the report of the company Oxford Economics, the president and CEO of the American Gaming Association, Geoff Freeman, said the players of the industry have long known that the contributions of the sector were significantly underestimated.
However, the figures presented in the study are even more important than he thought.
This further emphasizes the importance of the message of the association of the policy makers: work with us so that the gambling industry innovates, reinvests money and creates more jobs.
Research shows that the sector supports local communities across the country through business partnerships and the creation of many jobs.
Given the high taxes imposed on gambling, this activity also supports many government services.
A recent poll found that the majority of American voters agree that gambling has created jobs, strengthened local businesses and enabled social policies for communities.