Wednesday 12 October 2016

Facts about the casinos and gaming industry

The last couple of decades brought significant changes to the casino business and gaming industry in general. The Hollywood blockbusters have drawn quite a clear picture of the casino’s operation, thereby providing a mute promotion of the sphere of gambling. The efforts, though, have turned to be effective: hundreds of new gamblers around the globe join the online betting daily. There’s probably no person in entire world who hasn’t heard of Las Vegas and the names like MGM Grand and Caesar’s Palace. But yet, only few know that some 35 years ago there were just two USA states where casinos operated.

Facts about the casinos and gaming industry
Facts of the casino business that you haven't had a chance to know about
Casinos are currently available in 40 states
Gambling is no longer a marvel. If one refers to numbers, the casinos around the USA territory provide jobs for some 1.7 million workers. The sphere brings nearly 40 billion dollars in taxes to the state treasury and gives simply enormous income to the casinos’ owners.
Every fifth casino employee in the USA is Latino
If one seeks a place to get in touch with a Latino, there are high chances to meet one within a casino. Lots of Spanish-speaking people address for a job to the gambling facilities, knowing they have a tendency to grow ‘bigger’ and hire new employees. And many of those actually succeed in being employed.
Every gambler loses the average of 80$
The statistics shows that the “average loss per visit” of a regular gambler is nearly 80 dollars. As to other numbers, 75% of the casino’s income is usually derived from slot machines (10-cent and 25-cent machines predominantly). High-bet slots don’t give such high revenues.
Tribal casinos pay no taxes
There’s a principal jurisdiction regarding the tribal casinos: they pay neither a gambling tax nor an upfront license fee. However, it’s become typical of the tribal casinos to spend millions of dollars on a variety of political contributions and stand for blocking the new entrants. Thus, when such a facility expresses the will not to grant this or that casino with license, their opinion is usually paid raised attention.

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