The contribution of the gambling industry to the US economy increased by 10%

21 September 2018

According to the Oxford Economics study, the contribution of the gambling industry to the US economy increased by almost 10% - to $261 billion (£198 billion) - from the period of 2014 to 2017.

It is reported that the gambling industry has replenished federal, state and regional budgets for this period by $40.8 billion, of which about $8 billion were sent to the social security sphere. In general, consumer spending in the casino reached $89 billion during this period.

In addition, about 1.8 million people were employed in the industry. According to Sarah Slane, senior vice president of the American Gambling Association (AGA) in public affairs, the tax deductions of the sector ensured the recruitment of about 700,000 teachers.

The study also included several states in which online games were allowed at the time of market research. This is Delaware, New Jersey, Nevada.

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