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Jennifer Horikawa of Maui, Hawaii, plays on a slot machine at the Main Street Station hotel-casino in downtown Las Vegas on Tuesday, May 26, 2015. The Internal Revenue Service has proposed lowering the reporting level for gambling winnings from $1,200 to $600, a move that the casino industry and its patrons oppose. (Chase Stevens/Las Vegas Review-Journal) Follow Chase Stevens on Twitter @csstevensphoto.
If it continues at this pace, by the end of the year there will be 30 million visitors to Las Vegas and 30 million to New York, New York.. Gambling has become a $40 billion dollar a year industry in the United States.From 1974 to 1994--20 years--the amount of money Americans legally wagered has risen 2,800 percent, from $17 billion to $482 billion.Experts outside the gambling industry estimate that people with gambling addictions account for about 5% of all players--but 25% of casino and state lottery profits.-.he average length of visitors' stay in Las Vegas was almost 4 days (3.7). 87% of all people who visted Las Vegas in 1996 gambled. Of people who gambled, the average gambling budget for the trip was $580.90., On average, those gamblers gamble 4 hours per day.