AGA: October marks US commercial gaming’s second-best month, hitting $5.29bn
The American Gaming Association (AGA)'s Commercial Gaming Revenue Tracker, which provides state-by-state and nationwide insight into the US commercial gaming industry’s financial performance, was released recently.
According to the report, October was commercial gaming’s second-best month ever, as the industry hit $5.29bn in revenue (behind only March 2022, $5.35bn). Gaming revenue was up 11% year-on-year despite widespread macroeconomic concerns and October was the 20th consecutive month with year-on-year growth.
Gaming revenue grew year-on-year across all verticals in October, with nationwide iGaming revenue setting an all-time monthly record.
Combined revenue from slot machines and table games at casinos was $4.03bn, or 76.2% of total commercial gaming revenue, while sports betting grossed $804.7m (15.2% of total) and iGaming $453.1m (8.6% of total).
At the individual market level, 26 of 33 commercial gaming jurisdictions that were operational a year ago (excluding Arizona which has not reported October data) realised revenue growth compared to October 2021.
Monthly gaming win remained flat in Delaware (-3.7%), Maine (-2.8%), Missouri (-4.7%), New Jersey (-0.7%), Ohio (-0.3%), and Oklahoma (-0.4%).
The report further added that through October, the annual US sports betting handle stands at $73.11bn, a 70% increase from the same 10-month period in 2021 when 24 markets were live.
Year-to-date sports betting revenue is $5.76bn, up 78% year-over-year, while TTM revenue is $6.87 billion, a sequential gain of 5.4%.
Meanwhile, iGaming operations in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia generated a combined monthly revenue record of $453.1m, up 27% in the same month in 2021.
Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.
