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Fact Sheets : Statistics
GAMING REVENUE: 10-YEAR TRENDS
Gross gambling revenue (GGR) is the amount wagered minus the winnings returned to players, a true measure of the economic value of gambling. GGR is the figure used to determine what a casino, racetrack, lottery or other gaming operation earns before taxes, salaries and other expenses are paid — the equivalent of "sales," not "profit." In 2008, for example, the commercial casino industry had GGR of more than $32 billion*, but paid over $14 billion in wages and benefits and more than $5.6 billion in taxes, plus other expenses.
The following chart shows the growth from 1999 to 2008 in both the commercial casino industry and gaming as a whole, which includes pari-mutuel wagering, lotteries, casinos, legal bookmaking, charitable gaming and bingo, Indian reservations and card rooms.
| YEAR |
|
TOTAL COMMERCIAL CASINO |
|
TOTAL GAMING |
|
| 2000 |
|
24.50* |
|
$61.4 |
| 2001 |
|
$25.70* |
|
$63.3 |
| 2002 |
|
$26.50* |
|
$68.6 |
| 2003 |
|
$27.02* |
|
$72.9 |
| 2004 |
|
$28.93 |
|
$78.8 |
| 2005 |
|
$30.37 |
|
$84.4 |
| 2006 |
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$32.42 |
|
$90.9 |
| 2007 |
|
$34.13 |
|
$92.3 |
| 2008 |
|
$32.54 |
|
N/A |
| 2009 |
|
$30.74 |
|
N/A |
|
Note: All amounts in billions
*Amount does not include deepwater cruise ships, cruises-to-nowhere or noncasino devises
Sources: American Gaming Association, Christiansen Capital Advisors LLC
05/10 |
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