Gambling in the USA
Expanding Online, Mobile Gambling Options to Underlie Revenue Gains
US nominal personal consumption expenditures (PCE) on gambling are forecast to rise 2.3% per year through 2026, according to Gambling: United States, a report recently released by Freedonia Focus Reports. Spending in real (inflation-adjusted) terms is expected to rise 1.1% annually. Advances will stem from increases in population and disposable personal income, as well as a continued rebound from pandemic-related declines. Further, the COVID-19 pandemic drove an increase in participation in online forms of gambling. It is likely this trend will continue to some degree, particularly as mobile gambling apps and websites become more pervasive. At the same time, increasingly permissive laws at the federal, state, and local levels will support consumer participation in gambling. However, restrictions are expected to persist in many areas.
US gambling establishment revenues in nominal terms are forecast to see annual increases of 3.6% through 2026. Underlying these advances will be growth in disposable personal income and the increasing availability of local and online gambling outlets. In addition, gambling establishments will continue to enhance their other service offerings, such as dining, entertainment, and lodging, as a means of boosting revenue. However, competitive pressure from other entertainment providers will continue to challenge the industry.
These and other key insights are featured in Gambling: United States. This report forecasts to 2022 and 2026 US personal consumption expenditures (PCE) on gambling in both nominal and real (inflation-adjusted) US dollars. This report also forecasts US revenues for gambling establishments in US dollars to 2022 and 2026. Total spending in nominal and real terms is segmented in terms of:
- casino
- lottery
- pari-mutuel
Total revenues are segmented by establishment type as follows:
- casino hotels
- standalone casinos
- racetracks
- other gambling establishments, such as bingo parlors, card rooms, and coin-operated gambling concessions
To illustrate historical trends, total personal consumption expenditures, total revenue, and the various segments are provided in annual series from 2011 to 2021.
The scope of this report encompasses firms that derive a significant share of their revenues from gambling services, including private firms that provide lottery services in contract with public entities. Licensed internet gambling operations are also included. Firms that focus on operating, servicing, or supplying coin-operated, non-gambling amusement devices are excluded from the scope of this report.
This report includes the results of a proprietary national online consumer survey of US adults (age 18+). This Freedonia Focus Reports National Survey has a sample size of approximately 2000, screened for response quality, and representative of the US population on the demographic measures of age, gender, geographic region, race/ethnicity, household income, and the presence/absence of children in the household.
eSports
CAPCOM’S STREET FIGHTERTM 6 GOING TO COLLEGE THIS FALL
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Gambling in the USA
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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