In a hopeful sign for the economy, gross gaming revenues rose 4.8% in 2012 to $37.34 billion, and are now (not accounting for inflation or Native American casinos) just $180 million below the all-time high of $37.52 billion set in 2007. NV led the pack with $10.70 billion spent, NJ was next at $3.32 billion, followed by PA at $3.02, IN at $2.72, LA at $2.37 and MS at $2.24.