Inside Asian Gaming

IAG MAR 2022年3月 亞博匯 78 IN FOCUS During the full calendar year 2021, commercial casinos and VLTs generated US$46 billion in GGR, Indian casinos are estimated to have produced between US$46 billion and US$50 billion, and sports betting and iGaming US$7.6 billion. Lottery sales were approximately US$95 billion while US$12 billion was wagered on horse races. Each category produced more revenue or sales than in 2020 and in most cases more than the previous record year of 2019. The factors contributing to this growth are complicated. The US has dozens of different jurisdictions and at least seven separate categories of gambling; each is driven by different factors. The United States has no overarching gambling law, regulation or taxation rate. There are 25 separate commercial casino jurisdictions, 29 states have Indian casinos, 40 states offer some form of legal horse racing and 45 states have a lottery. Each of those jurisdictions has an individual set of laws, regulations and taxing procedures for those activities. It is not uncommon for one state to have a commission and regulatory agency for casinos, another for lotteries, one for horse racing and another for video lottery machines (slot machines located outside of casinos). In each state with Indian