Monday, December 11, 2023

American Gambling Sees Fastest Start Ever in 2022

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Our friends at the American Gaming Association track American gambling revenue for commercial gaming. And this year those numbers show that the industry took in over $4.4 billion in January, which is fastest start to a year ever recorded.

The AGA’s numbers show the state-by-state and nationwide financial performance data, and include breakdowns for individual gaming verticals. The latest edition of the tracker includes comparisons to January 2020, and to 2021 when the Coronavirus pandemic was continuing to impact commercial gaming revenue.

Coming off of a record-breaking 2021, U.S. commercial gaming revenue in January, reached $4.50 billion, the industry’s fastest-ever start to a year. Combined gaming revenue from traditional casino gaming, sports betting, and iGaming grew by 21.4 percent from 2020 and was up 31.8 percent from January 2021.

On a sequential basis, commercial American gambling revenue dropped 3.3 percent from December 2021. January marked the eleventh consecutive month with commercial gaming revenue exceeding $4.4 billion. Prior to 2021, monthly commercial gaming revenue had never surpassed $4 billion.

At the state level, 23 of 27 commercial gaming jurisdictions that were operational in January 2020 saw revenue growth relative to two years ago, with monthly gaming win only contracting in Kansas (-12.0%), Maine (-2.3%), Oklahoma (-2.1%), and Rhode Island (-15.5%).

Year-over-year casino visitation trends were mixed across the five regional markets that publish admission data, reflecting the disparate state of re-openings across markets one year ago. You can see the full revenue report for the commercial American gambling industry, including charts, when you visit the AGA website.


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