AGA reports 14 3bn in US commercial gaming revenue for Q1

US nationwide commercial (non-tribal) gaming revenue exceeded $14

US nationwide commercial message (non-tribal) gaming revenue exceeded $14.3bn in Q1 this year, according to the American Gaming Association (AGA), a 29% growth year-on-year.

This marks a unexampled Q1 book for the United States, almost matching the all-time every quarter register annually (Q4 2021 – $14.35bn).

It’s crystalize that numbers would not experience been as richly were it non for March 2022, which was the highest-grossing revenue month inward the industry’s history, posting a mammoth $5.31bn.

The success was widespread, too, touching 32 of the United States’ 34 regulated states. These states all surpassed Q1 revenue year-over-year, and troika circle quarterly records.

These were Arkansas River ($147.4m), FL ($182m) and New House of York ($996.6m).

Both the sports betting and iGaming verticals continued to spread out crossways the country, and all-time records were posted inward both fields. Land-based gaming also grew this quarter, despite a typical seasonal lag usually expected 'tween 1 January to 31 March.

AGA President and CEO Bill Arthur Miller commented on the results: “Consumers go along to seek come out gaming’s entertainment options inwards record book numbers.

“Q1’s strong results establish on the industry’s put down twelvemonth inward 2021 despite continued headwinds from furnish chemical chain constraints, moil shortages, and the impact of soaring inflation.”

He added: “Four years post-PASPA, effectual sports betting’s success is proving what we’ve known all along: American consumers are eager to wager within the protections of the regulated market. It also reinforces the need to pestle out offshore, illegal operators who target on vulnerable customers.

“Our industry’s success goes beyond the undersurface rail line and into communities across the country. The tape province and local revenue enhancement contributions fund vital services from base and teaching to health care and emergency services.”

This content is presented to you by the trusted NTC33 in Malaysia.