Here’s one area where Nevada ranks first in the nation — and it’s a good thing. When looking at the cumulative financial benefits of the nation’s gaming industry, the Silver State is No. 1 in economic impact, No. 1 in jobs supported and No. 1 tax revenue to state and local governments. Yeah, big surprise […]
SPRINGFIELD – Stung by a string of crashes involving buses ferrying gamblers to casinos, the American Bus Association is working with gambling trade group the American Gaming Association to stop unsafe bus operators from bringing gamblers to casinos across the country. “We want the riding public to have confidence in safety and the casino operators need […]
he three state-owned casinos in Kansas contributed $673 million to the state’s economy and supported approximately 4,000 jobs in 2013,according to a study commissioned by the casino industry’s top trade association. The impact included about $148 million in total labor income and about $193 million in total tax revenue, according to the study. It was […]
A study conducted for the American Gaming Association says commercial gaming generated about 4,500 Maryland jobs and supported an additional 3,400 positions in 2013. The study, conducted for the trade association by Oxford Economics and released Monday, said the industry’s economic impact on Maryland was $1.4 billion, including labor income of about $359 million. The […]
SPRINGFIELD – Developer Peter A. Picknelly said Friday that a proposal to convert a vacant six-story building at Court Square to a boutique hotel is nearing reality and would not be possible without the involvement of MGM Springfield. Picknelly, the owner-developer of OPAL Real Estate Group, and Demetrios N. Panteleakis, OPAL’s chief operating officer, said they are excited […]
Casinos pumped $1.38 billion into the Maryland economy last year and supported almost 8,000 jobs, a new gaming industry study found. The American Gaming Association study released Monday examined the impact on the state economy in 2013, before the state added its fifth casino or collected an entire year’s worth of table game revenues. Rob […]
Maryland’s fast-growing casino industry injected $1.4 billion into the state economy and supported nearly 8,000 jobs in 2013, according to an industry-funded study released Monday. The casino industry also generated $359 million in income and pumped $543 million in tax revenue into state coffers, concluded researchers from Oxford Economics, a forecasting firm based in Oxford, […]
Monitoring casino floors for potential money-laundering is a full-time job for the American gaming industry. Casinos, like banks and other institutions that deal with a lot of money, are required by law to vigilantly look out for financial transactions that may be illegal. And a first of its kind report from the industry’s Washington, D.C.-based […]
Visitors to Colorado’s 39 casinos in three mountain towns fueled $1.5 billion of economic activity in 2013. A study by Oxford Economics released Thursday — part of a state-by-state survey of gambling’s economic impact by the American Gaming Association — showed Colorado’s non-tribal casinos supported more than 10,000 jobs and generated $342 million of state and local tax revenue […]