Congressional Committee on Sports Betting

US Gambling Generates $5 Billion in July

The amazing run for US gambling operators continued into the summer, with the month of July producing nearly a 3% increase in profits from the previous year. Those numbers made it the third highest month for gross profits of all time, according to data from our friends at the American Gaming Association. Profits for retail gambling in America just crept over the $5 billion mark in July, making it the 4th month this year to see such numbers. That means we should see another record setting year for US gambling, as the latest numbers bring year-to-date revenue numbers to well…

US Gambling Industry Sets All-Time Quarterly High

Nationwide commercial US gambling revenue totaled $14.81 billion in Q2 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total sets a new quarterly record for the industry, beating Q4 2021 by 3.3 percent. With $29.16 billion generated through the first half of the year—a nearly 18 percent year-over-year increase—2022 is on pace to set a new annual record for commercial gaming revenue for the second consecutive year. “Q2’s results mark a 16-month period of gains for commercial gaming,” said AGA President and CEO Bill Miller. “With increasingly difficult year-over-year comparisons, our strength through the first…

US Internet Betting

US Gambling Still Kickin’ Ass!

This week’s US gambling news finds that casinos, online gambling, and sports betting generated nearly $5 billion in the month of April! The second highest revenue totals of all time! On top of that, sports betting in America continues to expand and could get a huge boost as soon as next year! Hello friends! Here we are all together again! We have sports betting news from California, poker news from Las Vegas, and of course a brand new game review! But first, we have to do it: This week’s big story: Gambling in America has been kicking ass and taken…

US Gambling Continues to Set Records

This week’s gambling news focuses on the record breaking revenue generated by the US gambling market, both this year and last year! Plus, the huge profits already being generated from sports betting in America are attracting all sorts! Hello friends, and welcome to This Week in Gambling, where this week’s big stories are all about big money US gambling and sports betting! There are now 33 states with legalized, regulated sports betting in America… and more are on the way! With active legislation pending in eight states, plus the states that have legalized regulated sports betting are seeing record revenue…