Gaming industry sees biggest revenue gains since recession – VEGAS INC

The U.S. casino industry captured $37.3 billion in gaming revenues in 2012, a 4.8 percent increase from 2011.

That growth rate is largest since the recession swept through the industry in 2008, according to an annual report released today by the American Gaming Association.

The AGA’s “State of the States” survey — a national snapshot of the casino industry based on economic data and public opinion — targets 22 states with commercial casinos and racetracks.

Frank J. Fahrenkopf, the AGA’s president and CEO, said this year’s data is a major bright spot in an industry marred by a recession that hemorrhaged workers and construction projects through the recession.

via Gaming industry sees biggest revenue gains since recession – VEGAS INC.

LV Condos