Casino Industry has 1% Impact on National GDP - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Casino Industry has 1% Impact on National GDP

Posted: Updated:

 

LAS VEGAS (AP) -- A new report released by The American Gaming Association shows the economic activity supported by the casino industry is about 1 percent of the total U.S. gross domestic product. 

 

The trade group's study released Monday counts direct casino industry spending, but also tallies the indirect spending that comes from industries supported by casinos and activities induced by casinos.  

The report shows 566 casinos in 22 states supported about $125 billion in spending and nearly 820,000 jobs in the U.S. in 2010. 

Direct consumer casino spending accounts for almost $50 billion of that sum, while indirect spending generates $76 billion. 

Report researcher Coleman Bazelon says the data show casinos create a ripple effect throughout the nation's economy. 

The study was prepared by the economics consulting firm The Brattle Group.

  • Today's Top StoriesMore>>

  • Teen in Custody in Sparks Deadly Stabbing Case

    Teen in Custody in Sparks Deadly Stabbing Case

    Tuesday, September 2 2014 5:28 PM EDT2014-09-02 21:28:51 GMT
    Sparks Police are looking for the suspects in a deadly stabbing Monday night in the 400 block of 11th Street.More >>
    Sparks Police are looking for the suspects in a deadly stabbing Monday night in the 400 block of 11th Street.More >>
  • Senior Fest 2014 Helps Thousands of Seniors

    Senior Fest 2014 Helps Thousands of Seniors

    Tuesday, September 2 2014 4:59 PM EDT2014-09-02 20:59:01 GMT
    As many as five thousand seniors gathered today at Reno Town Mall to take part in the 19th annual Senior Fest. More >>
    As many as five thousand seniors gathered today at Reno Town Mall to take part in the 19th annual Senior Fest. More >>
  • Senior Fest 2014 Health Screenings

    Senior Fest 2014 Health Screenings

    Tuesday, September 2 2014 12:52 PM EDT2014-09-02 16:52:44 GMT
    Today until 2 p.m. at theReno Town Mall (4001 S. Virginia Street, Reno.)Senior Care Plus is offering free Health screenings for those 50 years of age and older regardless of your health care provider.Flu shots, Shingle shots, are just a few of the options that will be available.Again, those services are free!Swing by and check outSenior Fest 2014.More >>
    Today until 2 p.m. at theReno Town Mall (4001 S. Virginia Street, Reno.)Senior Care Plus is offering free Health screenings for those 50 years of age and older regardless of your health care provider.Flu shots, Shingle shots, are just a few of the options that will be available.Again, those services are free!Swing by and check outSenior Fest 2014.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.