community impact

LAS VEGAS, Nev. - Casino companies and the industries that support them paid $21 billion in wages to more than 700,000 men and women during 1995 and employ more people than the soft drink, cellular phone, video and cable TV industries, according to an Arthur Anderson study released today.

BILOXI, Miss. – The gaming industry has been responsible for a dramatic increase in new jobs and higher wages, especially among minorities and women, in three regions where gaming has been introduced in the last several years, according to an Arthur Andersen study released today.

LAS VEGAS, Nev. (Oct. 15, 1997) — The first, comprehensive national survey of casino gaming employees paints a remarkable picture of the contribution casinos make to the communities where they operate and the impact they have on people’s lives. In a single year casino employees purchased:

• 66,000 homes
• 176,000 automobiles
• 173,000 major appliances

Each month, casino gaming employees and their families purchase:

LAS VEGAS—A new poll has found that the majority of America’s senior citizens visit casinos for the ‘fun and excitement’ and cite ‘socializing’ as far more important than actual gambling in their decision to go to casinos. The vast majority of seniors believe gambling is a matter of personal freedom, according to the poll, and say that people should make their own choices as to how to spend their disposable income.

WASHINGTON – Seventy-nine percent of civic leaders and elected officials in gaming jurisdictions think casinos have had a positive impact on their communities, according to a new poll conducted for the American Gaming Association’s (AGA) 2005 State of the States: The AGA Survey of Casino Entertainment.  This overwhelming endorsement of casinos by leaders in gaming communities, along with comprehensive economic data pointing to the largest annual percentage increase in gross gaming revenue since 2000, are among the highlights o

WASHINGTON—Elected officials and civic leaders in gaming communities across the country have an overwhelmingly positive view of the impact of casinos in their community, according to the results of a survey analyzed in the latest release in the American Gaming Association’s (AGA) 10^th anniversary white paper series.

WASHINGTON— The American Gaming Association (AGA) today released the third white paper in its 10th Anniversary Research Series, focusing on the impact of the industry’s collaborative responsible gaming initiatives as seen through the eyes of prominent figures throughout the gaming industry and scientific research and treatment communities.

WASHINGTON—Gross gaming revenues for the U.S. commercial casino industry climbed 6.8 percent in 2006 to reach a new record of $32.42 billion, according to a survey released today by the American Gaming Association (AGA). The 2007 State of the States: The AGA Survey of Casino Entertainment also illustrates the continued high acceptability of casino gambling among American adults, with more than four in five (82 percent) saying the activity is acceptable for themselves or others.

Madam Chairman and members of the committee, I appreciate the opportunity to address you today. My name is Frank Fahrenkopf, and I am president and CEO of the American Gaming Association, the national trade organization representing the commercial casino segment of the gaming industry, which consists primarily of publicly held casino companies listed on the New York and NASDAQ stock exchanges, including most of the names consumers are most familiar with in our industry: Harrah’s Entertainment, MGM MIRAGE, Park Place Entertainment and many others.

Good afternoon.  I’m Frank Fahrenkopf, president and CEO of the American Gaming Association, which represents the U.S. commercial casino industry in Washington.  I’ve been asked to give you an overview of today’s commercial casino industry.  I’ll start with some numbers and a look at our impact on the communities where we operate, then I’ll get into what the people who know our industry best are saying about gaming.