Gaming Industry Delivers $329 Billion Annual Economic Impact to U.S. Economy, New AGA Study Finds
Impact Driven by All-Time Consumer Demand, Tax Contributions
FOR IMMEDIATE RELEASE
Oct. 9, 2023
WASHINGTON – The American Gaming Association (AGA) today released a new study quantifying the expansive annual impact the casino gaming industry has on the U.S. economy. Conducted by Oxford economics, findings show the U.S. commercial and tribal gaming industry:
“The U.S. gaming industry delivers long-term growth and impact to communities, generating significant tax revenue, creating strong jobs, supporting local small businesses, and funding critical community priorities,” said AGA President and CEO Bill Miller during State of the Industry remarks at G2E 2023.
According to the report, America’s gaming industry directly employs more than 700,000 people in the U.S. Put in context with the broader U.S. economy:
The $53 billion in taxes generated by the gaming industry provides critical funding for local public programs and services, including education, infrastructure and economic development, as well as supplemental revenue for state general funds.
Recent, related AGA research shows the economic benefits generated by gaming are widely recognized by Americans, with a record 71 percent of adults saying the casino gaming industry has a positive impact on the U.S. economy.
About the AGA
As the national trade group representing the U.S. casino industry, the American Gaming Association (AGA) fosters a policy and business environment where legal, regulated gaming thrives. The AGA’s diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers, and more lead the $329 billion industry and support 1.8 million jobs across the country.