Sunday 30 November 2014

The science behind casino profits

Science Focus

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The Conversation

Gambling is good business, or at least a profitable one. According to the American Gaming Association, in 2012 the 464 commercial casinos in the U.S. served 76.1 million patrons and grossed \$37.34 billion.

Each year gaming revenues in the U.S. yield more profits than the theatrical movie industry (\$10.9 billion) and the recorded music industry (\$7 billion) combined. Even the \$22.5 billion combined revenue of the four major U.S. sports leagues is dwarfed by earnings from the commercial casinos industry.

Gambling is such good business that despite reported negative impacts — such as ...

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 » see original post http://theweek.com/article/index/271195/the-science-behind-casino-profits
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