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Hoover's is Beta Testing our Industries section.
Internet Gambling Industry Financials
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Internet Gambling Industry Financial Summary
The US gambling (gaming) industry consists of about 500 commercial casinos and 160 Indian casinos, with combined annual revenue close to $85 billion. Companies with large casino operations include MGM Mirage and Harrah’s Entertainment. About $35 billion of annual revenue is taken in by commercial casinos, $20 billion by state lotteries, about $25 billion by Indian casinos, and the rest by horse racing, bingo, charities, and bookmaking. (For gambling companies, "revenue" is the total amount bet minus winnings paid to gamblers.) Most casinos are small, limited by the size of the surrounding population. The industry has become highly concentrated: the top 20 companies hold more than 60 percent of the market.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Internet Gambling industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 711212 | Racetracks | 646 | $6,702,456 | $995,042 | 47,121 |
| 711219 | Other spectator sports | 2,752 | $2,585,910 | $664,504 | 19,860 |
| 713210 | Casinos (except casino hotels) | 356 | $12,386,830 | $2,531,905 | 105,792 |
| 713290 | Other gambling industries | 1,716 | $6,506,048 | $1,064,399 | 51,784 |
| All NAICS Sectors | 5,470 | $28,181,244 | $5,255,850 | 224,557 |
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