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AP National

Defying inflation worries, US casinos have best quarter

KIFI
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Published 11:20 AM

By WAYNE PARRY
Associated Press

ATLANTIC CITY, N.J. (AP) — Gamblers are shrugging off inflation concerns and losing money at casinos at a record pace. Figures released Wednesday show the U.S. commercial casino industry had its best quarter ever, winning over $15 billion from gamblers in the third quarter of this year. The American Gaming Association says the gambling halls are on track to have their best year ever in 2022. Out of 33 states in which gambling was operational a year ago, 16 reported quarterly highs in overall gambling revenue, including five of the six largest markets: Indiana, Michigan, Nevada, New York and Pennsylvania.

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