This posting should surprise you. Let me start with what was the international total for gaming revenues in 2011: $419 billion. As you scroll down, your first thought will be, is Las Vegas that insignificant today? Of course, there will be discrepancies, for what is gaming for one report is not necessarily so for another. Remember, there is more to gaming than casino gambling, for there are lotteries, bingo, poker, name it.
How does Las Vegas (above) compare with the world? Well, in 2011:
1. Macau $28 billion
(left) ($33 billion also mentioned.)
2. Las Vegas $10 billion
3. Singapore $ 4 billion
There are now 900 casinos in the USA, with Atlantic City at $4 billion and the Chicago region $2 billion annually. Reno is only at $0.7 billion. Not sure, actually, why Las Vegas gambling revenues are listed at $10 billion above, for the Strip is only at $5.5 billion, with downtown at $0.5 billion.
But here is the shock: Native American gaming revenues in 2010 were $27 billion. There are 565 federally recognized tribes, with less than half of them operating 448 casinos in 28 states.
There is, then, online gaming, with revenues expected to reach $30 billion this year. So, the world-wide web could well larger than Macau or Indian casinos.
Finally, in 2009, the USA had gaming revenues of $90 billion:
Finally, in 2009, the USA had gaming revenues of $90 billion:
Italy enjoys revenues of $81 billion. North America has 1627 gaming centers, while Europe has 1161. The top ten countries in gambling losses are ($/adult):
#10 Spain $ 418
# 9 Greece $ 420
# 8 Norway $ 448
# 7 Hong Kong $ 503
# 6 Italy $ 517
# 5 Finland $ 553
# 4 Canada $ 568
# 3 Ireland $ 588
# 2 Singapore $1174
# 1 Australia $1288
The USA is not even in the top ten, but we were #13:
However, the U.S. has a larger population than Australia, so their $19 billion/year loss is nowhere close to our $90+ billion/year, nor Italy's $81 billion. So who is #1? I guess we (USA) are.
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