Gambling is something that many people try at least once in their life, and many use gambling as a regular, fun activity to do with friends. For the most extreme out there, gambling can become an addiction that takes over a big part of their lives. It is important for individuals to find what type of gambling is too much for them, and then stick with it. That being said, a little bit of gambling here and there can be a fun way to let off steam and have a great time with friends.
Gambling is also a great way for companies to make money. Not only do companies make a lot of revenue off of gamblers, but state governments, in turn, can make a killing off of the taxes placed on casinos and lotteries. This revenue helps pay for school, roads, and other tax-related items. The casinos built in cities can also help bring in a whole slew of new tourists and visitors, making gambling establishments a boon to the tourism market.
There are cities out there that are undoubtedly associated with gambling. No one can think of Las Vegas without thinking of all of the bright lights and casinos. Many different factors can come into play in determining what makes a city a gambling haven. The number of casinos in the area is a major factor, as is proximity to people who are in the need of these casinos. As well, advertising and the association of gambling with a city can play into these revenues. Here is a list of the most profitable casino markets in America, and some of the reasons why they are so profitable.
10 #1: Las Vegas Strip, Nevada
Revenue: $6.207 Billion
Viva Las Vegas! Everyone who knows partying knows about Vegas and the Vegas Strip. The Las Vegas strip is the king of gaming, boasting the most revenue from casinos in the world. Adventure seekers from all over the world travel to Las Vegas to take part in the amazing gambling oferings and world class resorts that this town has to offer. Individuals who live close to this amazing town in the United States should take advantage of this amazing city's sights and spectacles on a frequent basis.
9 #2: Atlantic City, New Jersey
Revenue: $3.052 Billion
Atlantic City has a timeless feel to it. Before Vegas became the big player in the scene, it was all about Atlantic City. For many based on the eastern side of the United States, Atlantic City is still the place to be. With boardwalks, beaches, the Miss America Pageant, and more, there is no wonder as to why Atlantic City is one of the top casino markets in the United States.
8 #3: Chicago, Illinois
Revenue: $2.243 Billion
Chicago is home to over a dozen different casinos. This keeps the revenues high for the city of Chicago when it comes to gaming. Chicago is a great city to visit, not only for the casinos, but for the arts, culture, and much more. The options of different casinos to visit in the Chicago area are very wide. This makes it so that the residents of Chicago have a lot of different options. This is not only beneficial to the locals, but it is beneficial to those who are traveling through Chicago as well.
7 #4: Detroit, Michigan
Revenue: $1.417 Billion
Even though a major part of the economy is taking a downturn in Detroit, it looks like the gaming market is still thriving. The fall of the auto industry has really taken a toll on the city of Detroit lately. The casino options in Detroit can serve as a temporary relief from some of this pain and agony that these individuals have to go through on a daily basis.
Many large name casinos, like the MGM Grand, can be found in Detroit City. This is a great escape for many of the residents of Detroit who just need to get away from the economic depression that is tormenting the city of late.
6 #5: Connecticut
Revenue: $1.230 Billion
Connecticut has a large casino market that is largely fueled by travelers from surrounding states such as New York, Rhode Island, and Massachusetts. This state has many different casinos to choose from, and is close enough to New York that a very fun series of events can be planned for a vacation or weekend trip.
Traveling to Connecticut to gamble a bit, then heading over to New York could be a great way to get a bit of gaming in, and then see the sights of the big cities.
5 #6: Philadelphia, Pennsylvania
Revenue: $1.167 Billion
Philadelphia is a historic town that many love to come and visit. Many may not know, but it is a great place for gambling as well. Philadelphia is home to some high class casinos, like the Harrah, Parx Casino, and Sugar House Casino. Philadelphia is also home to some of the greatest horse races as well. These race tracks in Philadelphia account for many of the gambling revenues in Philadelphia.
Philadelphia is a great place to visit for those who want to have a fun time seeing great American historic sites, and then try their luck at gambling as well.
4 #7: St. Louis, Missouri
Revenue: $1.108 Billion
St Louis is a very vibrant city with an amazing economy. A large part of that economy is based on the casinos in Missouri. Many big employers keep the city alive, leaving employees searching for fun things to do on their time off.
Many large fortune 500 companies, Edward Jones for example, run their businesses out of St. Louis. This leaves many high paid employees with extra income wondering what they should do on the weekends. Many individuals decide to hit up some of the many casinos in the area, and that keeps the revenues very high for these St. Louis casinos.
3 #8: Gulf Coast, Mississippi
Revenue: $1.095 Billion
The Gulf Coast in Mississippi was heavily damaged by Hurricane Katrina, but this didn't keep the casinos from continuing to thrive. As soon as all damages were repaired, it was back to business as usual.
It was only a matter of time before these individuals who were affected by Hurricane Katrina got back on their feet again too. They soon headed back to the casinos to find comfort and entertainment. Gambling is also a great way to celebrate getting back to a better income.
2 #9: The Poconos, Pennsylvania
Revenue: $902.48 Million
The Poconos Area in Pennsylvania is a great place for people to get away. With the opening of a few casinos, the entertainment options are even stronger.
Those looking for an escape might try the Mount Airy casino resort. The 188 room hotel offers a great place to stay for locals or tourists looking to have a great time at a full resort. The Mohegan Sun at Pocono Downs is also a solid choice for individuals looking to have a fun time gambling, on slots, tables, and on the race track - or just relax and enjoy the ambiance.
1 #10: Tunica/Lula, Mississippi
Revenue: $821.95 Million
Tunicia and Lula Mississippi are home to some very high revenue producing casinos. These casinos draw in visitors each year from nearby cities, such as Memphis, Tennessee. Because gambling is illegal in Tennessee, many come to visit these border towns of Tunicia and Lula in order to legally gamble.
That is why this is one of the largest gambling markets in the US, spite the very small amount of individuals who live in Tunicia and Lula. It's very similar to the town of Wendover Nevada. Residents of Utah will quite often travel to this border town in order to get their legal gambling fix.