U.S. casinos see best month ever
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American Gaming Association reports that U.S. casinos won more than $5.3 billion from gamblers in March. The previous record was July 2021 at $4.92 billion. Three states set quarterly revenue records to start this year: Arkansas, Florida and New York. The report also includes details about how much casinos paid to state and local governments in 2021. Atlantic City's casino revenue is still not recovering from the 2008 financial crisis. It's estimated that it will be $53 billion in the year 2021, up 21%.
The Las Vegas Strip is the largest casino market in the U.S. in terms of revenue for 2021. It's followed by Atlantic City, Chicago, Baltimore-Washington D.C., New York City and Philadelphia. Pennsylvania's casinos are the second largest market. Americans bet $57.7 billion on sports last year. Internet gambling revenue reached $3.71 billion last season. West Virginia's internet gambling market reached $60.9 million in revenue in its first full year of operation.
