Published
OnlineFinancialMarketingSports BettingResults

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.

gamblingrise
Listen To Article

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.

Premium+ Connections
Premium

Revsharks

 
Premium

1xBet Partners

 
 
Premium

PIN-UP Partners

 
Premium

Imagine Live

 
Premium

Digitain

 
Premium

Lynon

 
Premium

Sport Generate

 
Premium

RISK

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...