American Gambling Record – The Investors’ Wet Dream – $119B

Another year, another American gambling record! Today we are going to announce the increase in the interest of gambling. Furthermore, we will get into explaining what makes these games attractive, even though responsible gambling seeks to silence gambling advertisements. How does this market grow so organically, against all of the odds? Join us and learn more!

Today we are going to talk about the new American gambling record! Yes, it seems that it is a yearly trend to break the amount of bets we have made. It is a valuable debate whether our economy, our desire to win money, or generally the flat value of our currency changes. But it isn’t going to change the fact that more and more people play gambling games. This is why we are here to report on the statistics.

While the internet pushes against gambling, it seems that people are more and more interested in this activity. There are several layers to the whole gambling industry, and sometimes we shouldn’t take it at face value. However, we still state that responsible gambling is essential while browsing the list of online casino sites in the US.

A New American Gambling Record Was Set

According to ABC7 News, America’s commercial casinos won $66.5 billion from gamblers during 2023. This means that this is the best year ever in the history of gambling. This is a 10% increase from 2022. It seems that gambling is officially at an all-time high. This indicates a few things: For one, investing in casinos is not a good idea, as the market will only decrease from here. However, when it does, we can expect another increase soon.

We have seen many world records in gambling before, and all of the gambling games have made a return so far. If you are interested in joining some gambling games, we recommend you to not pay a visit to Las Vegas. Instead, start with small bets by registering at Everygame Casino. It is generally the most valuable gambling activity right now, as you can spare the cost of traveling and housing.

Why Is Gambling Getting More Popular?

There are several explanations behind the popularity of gambling. For one, it is a cultural thing! Yes, gambling can be troublesome. However, we can also put things into monetary perspective. Let’s say you go to a bar and buy a round of drinks for everyone. That’s money lost, and often a huge regret, right? What if you stay home and play League of Legends? Eventually, you will buy a skin you like.

But you will never be able to make money out of a video game purchase. However, casino and sports betting games give you the chance to win your money back. This might be the key to the popularity of gambling games. When Denise Coates set a new record in the UK, while the American gambling market is booming, it feels like the ethical debates no longer prevail. After all, it all returns to your local state with tax returns.

The Super Bowl Phenomenon – American Gambling Record

One of the most interesting things about gambling is that it has a consistent pattern we can notice. Every time the Super Bowl is hosted, that’s when news about a betting record starts to resurface. Look at last year’s betting market records in New York. It was all about making the market legal before the Super Bowl. While this is not a conspiracy of the Super Bowl promoting gambling, rather it is proof that the whole industry is real. The thousands of bettors are not fake. Simply, they are interested in sports events.

Therefore, we have cyclical changes every single year. Based on what is popular, we are going to see an increase in the betting market. The reason why this year has made a record is probably because the two most famous teams placed at the Super Bowl. Imagine what happens if Tom Brady gets in.

$119.84 Billion Wagered

Yes, you saw that right. Overall, 119.84 billion was wagered. Which sets a roughly $40 billion revenue increase from the last year. According to SPGlobal, the American gambling record was pushed in the first quarter. Perhaps, it is Christmas and the daytime savings when the gambling trend starts to slow down. Mainly for two reasons: People have to buy gifts for Christmas, and because people do not have the energy to make risky financial decisions after work. 

However, keep in mind that it usually doesn’t stop people from betting if they see an event that is worth betting on. For example, we would bet on Oppenheimer to win awards any time of the year. But yes. This is just sports betting alone. We also have casinos revenue, which usually adds up to the sports betting market, because they are run by the same mother company.

$66.5 billion In Casinos – American Gambling Record

According to Forbes, the casino record was $66.5 billion this year. Keep in mind that the general values for casinos have always been fruitful. Simply, it is the law of the game. The chance of winning is small, which makes an outstanding profit for the casino. Those who win the jackpot take roughly 1-20% of the profit. This is why the casino industry is one of the biggest money-makers in the world.

Furthermore, we have newer and newer games, and with the increasing technology, it isn’t swapping out the users. Rather, it opens the market for those who are not interested in land-based gaming. For example, a casino can open an online section, and immediately attract more visitors than what they could dream of in the land-based section. Furthermore, there is an upcoming VR casino industry too!

Where To Join And Play?

Now that you have learned about the American gambling record, let’s talk about the general gambling opportunities online. The fact that gambling is becoming a trend, is not going to demand you to join. However, it is surely a reassurance that most people do not stop betting on games. Thus, there are winners, and people start to turn these games into a community. Everyone is hoping to win, but most importantly?

They just want to become a part of a social event. Perhaps betting on the outcome of a game can be fun, as long as you can afford it. And truthfully, it is still much better than just buying alcohol during these events. If you are interested in making your first bet, please register at Everygame Casino. They have a sports betting section too!

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