$1 billion handle

$1 billion handle is a term used in the gambling industry to denote the total amount of money wagered over a specific period, typically a year. Reaching a $1 billion handle signifies a high level of player engagement and business success. This impressive figure includes all bets placed on various games, such as slots, table games, and sports betting. For casinos, achieving a $1 billion handle is a remarkable milestone that demonstrates popularity and player trust, indicating robust financial health and a thriving customer base. It's a significant benchmark of success in the highly competitive gaming industry.