Casino gambling in the United States of America has always provided the economy with a good amount of tax dollars. The States Of New Jersey used to be one of the front-running states as bringing in the most revenue but after Hurricane or Super Storm Sandy, the casinos in Atlantic City New Jersey have taken a bit hit . Many New Jersey residents have been talking about moving their land casino business up to North Jersey but there is nothing concrete yet.
So, Mohegan Sun & Other Pennsylvania Casinos See A Big Increase In Gambling Revenue?
Mount Airy Casino Resort and the Mohegan Sun Pocono are two casino gambling resorts, hotels, and palaces in the State of Pennsylvania that have been bringing in a grandiose amount of money. Between the two betting parlors, we have seen an increase of almost 3 percent in the first 6 months of 2016. It appears that slot machines are responsible for the increase in gambling revenue in the State Of Pennsylvania.
Increase in gambling revenue in the State Of Pennsylvania
The Mount Airy Casino Resort and the Mohegan Sun are both located in the Poconos section of The State of Pennsylvania. Moreover, this is a common vacation town.
Indeed, Slot Machine Revenue
The 1st half of the year the slot machine revenue was one hundred and eleven million dollars at Mohegan Sun. This represents a 5 percent increase based on the same time period in 2015. The Mount Airy Casino Resort saw a 6 percent gain as their slots gamblers brought in about seven one and a half million dollars.
Interestingly, people like playing table games like blackjack. Additionally, craps and poker are very popular. However, the are not as profitable for these land casino operators. Mohegan Sun has seen a twelve percent decline in casino gambling revenue. Their table games revenue declined all the way down to under twenty-three million dollars. The same holds true for the Mount Airy hotel and resort. Their revenue from table games shrunk all the way down to twenty-one million dollars.
Casino Gambling Revenues Help The United States Recover From The Great Recession?
Whether people like it or not, land and Internet casino gambling revenues bring in a lot of money into the United States economy. Ultimately, this helps employ residents of each state and puts food on the table of many families. Remember, the Great Recession and the Housing Bubble hit a lot of Americans. Furthermore, these American’s have hard financially. As a result, e some people lost their job and even their house.
Having said that, let’s discuss if gambling revenue is helpful. So, the revenue generated from Americans playing slot machines for real money has debatably helped out the overall economy in the United States of America? Well, The twelve land-based casino gambling hotels in the State Of Pennsylvania show a gambling revenue increase. Also, almost two percent statewide show an increase. More specifically, this is from the first half of 2016. Land and Internet Casino Gambling, specifically playing slots for real money on the Internet and mobile devices in the state of New Jersey has seen an increase of over thirty percent in the first half of 2016.