Casino Industry Statistics 2022: Market Size, Revenue & Growth
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Ancient literature and gambling tools discovered in tombs and hidden in ruins show that gambling is one of the world's oldest pastimes. In China and Ancient Rome, gambling was strictly regulated. Recent figures show people enjoy drinking and betting.
The oldest casino in the world opened its doors in Venice in 1938. This year, Casino di Venezia turns 384 years old.
According to online casino trends, 75% of Americans have gambled. Las Vegas is the most popular place for casinos. Gambling addiction is a big problem in the United States.
The market for online casinos and gambling was valued at $53.7 billion in 2019. By 2027, the online gaming market is expected to have grown by 11.5% compounded annually.
According to statistics for the casino industry, revenues will top $227 billion in 2020. The global online gambling market generated over $66.67 billion. 1,122,574 people were employed by 4,800 companies.
The first legal casino opened in Las Vegas in 1931. The typical Las Las visitor spends $541 per trip. Opening a casino can increase employment by 26% and reduce the number of working poor people.
61% of people who go to a casino prefer slot machines to other games. The game of baccarat is popular in China.
The casino business is expected to keep growing at a rate of 5.14% per year between 2019 and 2025.
Edward O. Thorp was one of the most successful gamblers in the world. He wrote a book called Beat the Dealer, which explains the theory behind card counting.
The typical British gambler is between the ages of 55 and 64. The most common form of gambling is the National Lottery. Men bet more than women do.
According to statistics, over 10 million Americans suffer from gambling addiction. Many have created workspaces for artists and technologists to help them stray away from their addiction and progress onto their careers.
