Las Vegas is easily America's city that is most synonymous with recreational risk-taking. Atlantic City, especially for those on the East Coast, has also long been known as a place to take a chance on blackjack or drop coins in a slot machine. But in truth, the United States is dotted with gambling havens from coast to coast. With tax rates up to 40%, these businesses can generate hundreds of millions in state revenues.
We decided to look at the states with the most revenue from commercial gambling in 2012. Some of the 13 states that made our list won't surprise you. Others, such as Iowa, may.
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The numbers do not include tribal gaming, because The National Indian Gaming Association does not publish state-by-state revenue, though revenue on all Native lands combined was $27 billion in 2013. Including all of the money tribal casinos generate would place California and Connecticut among the top markets for gambling in the U.S., and onto this list.
But non-tribal casinos are growing, and most of the states on this list legalized gambling sometime in the last 25 years. New casinos are built every year and many of the states with the biggest gaming markets may surprise you.
13. Colorado
Revenues: $766 Million
Year Legalized: 1990
Types: Land-based
Yes, the state that has lately become famous for its, well, greener economy, also happens to be a great place to risk the family fortune. Colorado has a staggering 41 casinos, which generate more than $100 million in taxes for the state.

12. West Virginia
Revenue: $948 Million
Year legalized: 1994
Types: Racetrack with games, land-based
Known primarily for mining industry and Appalachian culture, the state of West Virginia rakes in almost $1 billion a year in gaming revenues from only five casinos. In addition to the racetrack casinos in several cities, the four-star Greenbrier Hotel in White Sulphur Springs recently added gaming, the first non-track casino in the state.
11. Michigan
Revenue: $1.42 billion
Year legalized: 1996
Types: Land-based
Detroit's auto industry may be trying to regain its footing, but Michigan's casinos are holding steady at $1.42 billion in revenues from just three casinos. The motor city is home to an MGM Grand hotel with casino, and two other casinos: Greektown and Motor City.
10. Iowa
Revenue: $1.47 billion
Year legalized: 1989
Types: Riverboat, land-based and racetracks
Iowa's gaming industry has actually grown modestly over the last couple of years. The state has a mix of 18 riverboat, standalone and racetrack casinos with slots and table games.
9. Illinois
Revenue: $1.64 billion
Year legalized: 1990
Types: Riverboat
Illinois' 10 riverboat casinos host roughly 16 million visitors a year. Its most recent addition opened in 2011, leading to a 10% jump in revenues in 2012.
8. Missouri
Revenue: $1.77 billion
Year legalized: 1993
Types: Riverboat
Missouri's thirteen riverboats net about $471 million in tax revenues for the state, but new competition from neighboring state Kansas is stealing away business—it contributed to a 2.2 % decline in sales in 2013.
7. New York
Revenue: $1.8 Billion
Year legalized: 2001
Types: Racetrack casinos and one land based-casino
The year-old Resorts World New York in Queens is the state's first casino that is not attached to a racetrack. It helped revenues leap 43% last year. The nearby Empire Raceway in Yonkers is still the biggest money maker in the state.
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6. Mississippi
Revenue: $2.25 Billion
Year legalized: 1990
Types: Docked riverboats, land-based
Flooding in the Mississippi River was hard on the riverboat casinos that are more or less permanently docked on the riverbanks. But they have recovered and enjoyed a slight revenue increase in 2012.
5. Louisiana
Revenue: $2.40 Billion
Year Legalized: 1991
Types: Riverboat, land-based and racetrack casinos with slots and table games
Many of Louisiana's 18 casinos are in New Orleans, but the opening of the L'Auberge Casino Hotel in Baton Rouge boosted the state's revenue's by 1.3% in 2012.
4. Indiana
Revenue: $2.61 Billion
Year Legalized: 1993
Types: Riverboats, land-based and racetrack casinos with slots and table games
Indiana does an unexpectedly large business in gaming, but increasing competition from neighboring states Ohio and Kansas contributed to a 4% revenue decline.
3. New Jersey
Revenue: $3.05 Billion
Year Legalized: 1976
Types: Land-based
All of New Jersey's non-tribal casinos are concentrated in the city of Atlantic City, which alone generates almost as much revenue as the entire state of Pennsylvania.
2. Pennsylvania
Revenue: $3.16 billion
Year Legalized: 2004
Types: Land-based and racetrack casinos with slots and table games
Pennsylvania surpassed New Jersey in overall revenue for the first time in 2012. The 11 casinos in cities across the state generated almost $1.5 billion in tax revenues that year.
1. Nevada
Revenue: $10.86 Billion
Year Legalized: 1931
Types: Land-Based
Besides Las Vegas, of course, Nevada is freckled with towns and cities that offer gambling—the state has 265 casinos. The northeastern corner of the state is even home to a town called Jackpot.
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There are more than 1,000 active casinos in the United States of America. These gambling establishments generate high revenue, with an estimated 71.1 billion USD in 2015, and a reported annual growth of 3.1 percent. According to the American Gaming Association, casinos employ more than 500,000 people directly and have a total job impact of 1.7 million inhabitants. Best online casino game to win money.
Top Four Casinos
Nevada
The state of Nevada legalized gambling in 1931 and boasts world standard casinos. It has 334 casinos which is more than any other state. 172 of them are located in Clark County, out of which 104 are found in Las Vegas. The city, also known as Sin City, is famous for gambling and is known around the world as a party city. Nevada’s casinos attract tourists from all over the world. Its hotel-casinos generate revenue of about 1.4 billion USD which is approximately 45% of the state’s revenue.
Oklahoma
Since the state approved gaming in 2004, the casino business has exploded. There are currently 134 casinos in the state, ranging from small and quaint casinos to luxurious and spacious casino resorts. The casinos are well distributed across the state, providing thrills of slot machines, poker, blackjack and live entertainment. Oklahoma is home to the Winstar World Casino and Resort which is the largest casino in the US. 40% of casino revenue comes from visitors from the neighboring states like Texas and Arkansas. The casinos generate more than 130 million USD to the state. The state uses this revenue to fund education, mental health services, and state agencies.
California
The state of California has one of the most liberal stances on gambling laws in the US. It allows its counties and cities to regulate their laws regarding bets. Poker and other forms of gambling are included in the state’s list of charitable games. It also has very light penal codes on illegal gambling.
Colorado
Colorado has about 40 casinos ranging from intimate parlors to alluring resorts. Black Hawk is the largest gambling town in the state with 18 casinos, followed by the Cripple Creek with 16 casinos. Some of the casinos operate 24 hours a day and the legal gambling age in Colorado is 21 years. The maximum bet in the state’s casinos is 100 USD. Casinos in Colorado generate more than 790 million USD in revenue.
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Conclusion
The casino industry has a far-reaching impact on the economy of the states that allow gambling. As the gambling industry flourishes, technology is being incorporated into it as has been seen with the introduction of online casinos.
The state of Nevada legalized gambling in 1931 and boasts world standard casinos. It has 334 casinos which is more than any other state.
Which State Has the Most Casinos?
Rank | State | Number of Casinos |
---|---|---|
1 | Nevada | 334 |
2 | Oklahoma | 134 |
3 | California | 62 |
4 | Colorado | 40 |
5 | South Dakota | 39 |
6 | Florida | 35 |
7 | Mississippi | 35 |
8 | Arizona | 34 |
9 | Washington | 32 |
10 | Michigan | 30 |
11 | North Dakota | 29 |
12 | Louisiana | 28 |
13 | New Mexico | 28 |
14 | Oregon | 24 |
15 | Iowa | 23 |
16 | New Jersey | 23 |
17 | New York | 22 |
18 | Wisconsin | 22 |
19 | Minnesota | 20 |
20 | Nebraska | 20 |
21 | Ohio | 16 |
22 | Maryland | 14 |
23 | Indiana | 13 |
24 | Missouri | 13 |
25 | Pennsylvania | 12 |
26 | Illinois | 10 |
27 | Alabama | 9 |
28 | Georgia | 9 |
29 | Kansas | 9 |
30 | Massachusetts | 8 |
31 | New Hampshire | 8 |
32 | Idaho | 7 |
33 | Kentucky | 7 |
34 | Montana | 5 |
35 | West Virginia | 5 |
36 | Maine | 4 |
37 | North Carolina | 4 |
38 | South Carolina | 4 |
39 | Delaware | 3 |
40 | Rhode Island | 3 |
41 | Wyoming | 3 |
42 | Arkansas | 2 |
43 | Connecticut | 2 |
44 | Hawaii | 2 |
45 | Texas | 1 |
46 | Alaska | 0 |
47 | Tennessee | 0 |
48 | Utah | 0 |
49 | Vermont | 0 |
50 | Virginia | 0 |
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