US casinos hit historic jackpot with record-breaking revenue

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US casinos hit historic jackpot with record-breaking revenue
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As U.S. casinos see historic billion-dollar revenues in both March and Q1 of 2022, some market experts caution the gaming action is a sign of the 'inflationary times.'

FOX Business' Jeff Flock reports from Atlantic City, New Jersey, where U.S. casinos are seeing their best earnings month ever.March marked the biggest month ever for U.S. casinos, raking in $5.

3 billion in revenue and capping the quarter as the highest-grossing revenue month in industry history, according to the American Gaming Association. It also reported that nationwide gaming revenue totaled $14.3 billion in the first quarter of 2022, setting a new record and nearly matching the all-time quarterly record of $14.35 billion set in the fourth quarter of 2021.

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