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US has saw a closure of 635 casinos

Published date: 2020-03-24
US has saw a closure of 635 casinos

The American Gaming Association (AGA) has announced that the coronavirus outbreak has caused the closure of 438 commercial casinos in the US, representing 94% of the total number in the country. An additional 197 tribal casinos have also been closed, 37% of the country’s total.

 


These 635 casinos represent two thirds of all gambling properties in the country, at 64%. According to the report, this has had an unprecedented impact on American workers in the casino industry, with 96% of the total US workforce affected by the closures.

The closures have put at risk nearly $59bn in total annual wages for workers and their families. This will also impact local communities, with casino gambling generating $34.4bn in annual tax revenue and tribal revenue share used to support local hospitals and public services.

The AGA estimates the 635 casino closures will cost the economy $21.3bn if it continues for the next eight weeks.

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