In the first and second quarters of 2015, the U.S. commercial gaming industry generated $19.18 billion, a 2.7 percent increase over the same six month period in 2014. Of the 24 states that offer commercial gaming (Massachusetts became the 24th state with the opening of Hollywood Plainridge Park Casino on June 24), 19 states experienced revenue increases in the first six months of 2015. In comparison, during the same period in 2014 only six states experienced increased revenues. While the revenue growth seen earlier this year was attributed to a milder winter, the continued growth is indicative of improving economic conditions.
Gaming revenues are expected to continue to increase throughout the remainder of 2015. However, the August 2015 revenue results will be a telling month for the continued health of the industry, as it begins to look towards 2016 and beyond. The gaming revenues generated in August 2014 made it the fifth highest month on record. If the industry is able to surpass this revenue benchmark in August 2015, the industry will be able to record three straight quarters of revenue growth and be on pace for continued growth in 2016 and beyond.
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