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WHY CGTV?
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Americans spend more on gaming than movies (box office plus DVD/VHS sales), music and video games combined. And with an average annual growth rate of 9 percent since 1991, casino gaming is growing substantially faster than any other sector of the economy!
In the United States there is now a casino within two hours of almost every major city in America.
Just look at the huge size of the gaming market:
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• $73 billion in gross gaming revenue in the U.S. This is does not include the billions spent on entertainment, lodging, restaurants, etc. at casinos.
• Over 440 commercial casinos in 11 states, 410 Indian casinos in 28 states, and roughly 450 card rooms and racetrack casino nationwide.
• Las Vegas is the #1 tourist destination in the U.S. More people visit Vegas than the state of Hawaii or all Florida-based theme parks combined.
• 26% of the U.S. population over the age of 21 (53.4 million people) visited a casinos in 2003. By comparison, total NBA basketball game attendance for 2003-2004 was 20.3 million.
• Americans made 310 million trips to casinos in 2003, exceeding total visits to zoos, aquariums, wildlife parks, ski resorts and major and minor league ball games combined. Each casino visitor averaged 5.8 trips per year.
• $385 billion was wagered on sports in the U.S. in 2003.
• Americans consistently voice support for casino gaming.As reported by the American Gaming Association, even those over the age of 50 say gaming is acceptable for themselves or others at a rate of 81 percent.
• Young Americans aged 21-39 have an even bigger taste for the gaming lifestyle; they support it at a rate of up to 90 percent!
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