Commercial gambling in America reached $17.63 billion in Quarter 2 of this year, according to figured provided by the American Gaming Association. Their Commercial Gaming Revenue Tracker shows that the industry just hit its 14th consecutive quarter of annual revenue growth, and its highest-grossing Quarter 2 performance ever. Across the country, 24 jurisdictions saw year-over-year revenue growth in the second quarter of 2024, and nationwide commercial gaming revenue resulted in $3.73 billion in state taxes generated directly from gaming. Both land-based gambling in America and online gaming saw annual growth for the quarter. Year-over-year, the pace of land-based growth accelerated…

Profits from gambling in America reached an annual record of $66.5 billion in 2023, according to the American Gaming Association’s Commercial Gaming Revenue Tracker. The total surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year. The year was punctuated by all-time high quarterly revenue of $17.4 billion in Q4 2023, anchored by $6.2 billion in revenue in December, the highest grossing month in industry history. “From the traditional casino experience to online gaming options, American adults’ demand for gaming is at an all-time high,” said AGA President and CEO Bill Miller. “Sustaining…

As our friends at the American Gaming Association begin to tall the numbers, it’s clear that gambling in America will set a new high mark. They’ve only been able to add up the figures through November, but with just 11 months counted the total is already beyond anything they’ve seen before. With Decembers numbers still pending, revenue for gambling in America in 2022 has already reached more than $54.9 billion. The previous record was set at $53 billion in a year, so the totals for last year will most assuredly end up over the $55 billion mark. What’s even more…

Who better to track gambling in America than our friends at the American Gaming Association? And their statistics seem to indicate that we could be looking at record revenue numbers for 2022. It makes sense. After all, there are more states legalizing different forms of gambling than ever before. Not only is sports betting exploding, but the successful regulation of betting on sports has had the additional effect of expanding online gambling. And now, the AGA’s Commercial Gaming Revenue Tracker has tallied the numbers for the first part of the year. Those figures show that gambling in America is up…

In 2021, gambling in America set an all-time revenue record for the commercial gaming industry. Revenue reached $53 billion, according to our friends at the American Gaming Association. This total shatters the 2019 industry record of just under $44 billion by more than 20%. The industry closed the year on a high note, setting an all-time revenue record for the last quarter of the year at  $14.3 billion, which eclipsed the previous quarterly record of $13.9 billion, also from 2021. “These results are nothing short of remarkable,” said AGA President and CEO Bill Miller. “The success of 2021 reflects our…

Revenue from commercial gambling in America reached a new quarterly high of nearly $14 billion for the third quarter of this year. According the American Gaming Association’s Commercial Gaming Revenue Tracker, the new record of $13.89 billion is the second consecutive quarter for a revenue record performance. With $38.67 billion in revenue through the first nine months of the year, the industry has already passed revenue generated for the full year 2020 and is on pace to smash its annual record of $43.65 billion, set in 2019. “Two straight quarters of record gaming revenue is an incredible accomplishment in any…