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
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Evolution
Crown Resorts
Relax Gaming
Gaming and Leisure Properties
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...