Page 5 - Mississippi/Louisiana Gaming News - Spring, 2024

Nearly 520 associates featured in this issue!
MISSISSIPPI GAMING & HOSPITALITY ASSOCIATION
Become an Associate Member of MGHA
www.msgaming.org/become-a-member/
U.S. gaming revenue reaches annual record
WASHINGTON, D.C. — U.S. commercial gaming revenue reached an annual record of $71.92 billion in 2024, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total surpasses 2023’s previous high of $66.5 billion by 7.5 percent, marking the industry’s fourth-straight record revenue year.
The year was punctuated by an all-time single quarter record revenue of $18.62 billion in Q4 2024.
“In 2024, Americans embraced the diverse legal
gaming options available to them — whether in casinos, at sportsbooks, or online — leading to another record-setting year for our industry,” said AGA President and CEO Bill Miller.
The commercial gaming industry continues to evolve, with online gaming making up 30% of nationwide commercial gaming revenue in 2024, generating a new annual record of $21.54 billion.
In 2024, six of the top 20 commercial casino gaming markets reported revenue growth compared to the previous year, with the Las Vegas Strip holding its spot as the top market. The next three top-performing markets
— New Jersey, Chicagoland, and Baltimore-Washington, D.C., respectively — all similarly maintained their positions. This year, Queens/Yonkers entered the top five, swapping placements with the Mississippi Gulf Coast, which remained strong in the number six spot.
The commercial gaming industry also contributed more to state and local governments’ coffers than ever in 2024. Throughout the year, gaming operators paid an estimated $15.66 billion in gaming taxes, an increase of 8.5 percent year-over-year.
JACKSON OFFICE
GULF COAST OFFICE
P.O. Box 4479 Jackson, MS 39296
12268 Intraplex Pkwy Gulfport, MS 39503
LARRY GREGORY
Executive Director lgregory@msgaming.org • 601-940-3236
opportunities that have allowed them to stay on the Coast and raise their families over the years.
And in my opinion, the best is yet to come. The gaming industry is truly dynamic. It is constantly evolving, improving and growing thanks to the dedicated gaming professionals who have the positive vision needed to make that happen. I believe this is especially true for that segment of the gaming industry right here on the Mississippi Gulf Coast. We have what no other gaming jurisdictions have — the extraordinary natural amenities that other jurisdictions can only dream of. We are all very fortunate to be able live, work and play here thanks to our very vital and healthy gaming environment.
For Bridget and me, the Coast will forever be our home.
John Ferrucci retires from the Silver Slipper Casino Hotel
in April 2025. For 45 years, he has had a successful career
in the gaming industry, with more than 30 years spent in Mississippi. Ferrucci and his wife Bridget will continue to reside along the Mississippi Gulf Coast.
SPRING 2025
MISSISSIPPI GAMING NEWS 5