Lottery take half US gambling pot
By paul
A study by the American Gaming Association (AGA) says that in 2002, Lotteries accounted for almost half (49%) of US gambling, horse and dog races took 7%, sports betting 24%, and only Internet gambling accounted for only 1%.


That 1% is a very small figure, considering that of the 1800 online gaming sites on the Internet, the majority of customers are US. The AGA, however, is the voice of the US commercial casino industry, which is opposed to Internet gambling.

The big trend of the land-based casino industry – Racetrack casinos (aka Racinos), had a total turnover of $2 -billion. West Virginia was the leader among the six states that allow Racinos, with $596-million in net revenue for 2002. Delaware was next at $565.9-million, followed by Iowa at $316.1-million, Rhode Island at $281-million, New Mexico at $141.3-million, and Louisiana at $114.6-million.

Racinos in the US provided a total of 11,078 jobs, with West Virginia employing the most workers at 3,995, followed by Delaware with 2,287, Iowa with 2,207, Louisiana with 1,008, New Mexico with 803, and Rhode Island with 778.

Overall, all Racinos generated $718-million in revenue for state and local governments.

The study is available at www.americangaming.org

 
 
 
 
 
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