ATLANTIC CITY, N.J. — Inflation? High gas prices? American gamblers are shrugging them off — and losing money at casinos at a record pace.
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. “I think it speaks to the continuing appeal of gambling, and that there may be even more appetite for it in uncertain times,” he said, citing the recent Powerball jackpot which exceeded $2 billion and drew wide interest from people across the country.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: