The American Gaming Association (AGA) released their report on Commercial Gaming touting revenue, jobs and the positive profile of their visitors. The overall numbers for 2012 include 332,075 jobs with total wages paid of $13.2 billion, gaming taxes $8.60 billion and gross revenues $37.34 billion.
Further information reveals most markets are growing at healthy rates. The problem I see is that many of the states doing the best for commercial gaming are, contrary to the report, still lingering in the economically anemic effects of recession. The report paints a rosy picture economically while not really looking at the entire situation. It looks at their visitors’ education, income level, and age to show how diverse their customers are.
They look at how they gaming industry is viewed and what other forms of gambling has been done over the 12 month period. It reveals that increasingly younger adults are gravitating to gambling and that many are playing Lotteries even more frequently than casinos. Most report setting a budget when they come to the casino and over half set their amount at $100 or less and over 75% below $200. It leaves me wondering how often these individuals visit the casino in order for gross revenues to be as high as they are.
As a compulsive gambler in recovery I can say with some level of confidence that not all of the people reporting are sticking to the budget reported. Casinos have everything you need to get more money even if you only take a small amount in with you. There is no doubt in my mind that the spending is much higher especially when it comes to lottery spending. The report released is 44 pages in length and covers such a broad area that in depth information would seem somewhat suspect.
Consider looking at your immediate circle of influence and see if your results are higher, lower or the same as what is reported by the AGA. How do you fit into their survey results? What do you think about gaming and its acceptability for you, your friends and the general population?