US commercial casinos generate new quarterly revenue record

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iGaming Business

AGA: US gambling revenue set for record year after lucrative Q3

Figures released by the American Gaming Association's (AGA) for the three months to 30 September show US gambling revenue was up 6.1% year-on-year. This was the 11th straight quarter of annual revenue growth and the best third quarter on record. Industry revenue grew year-on-year across all verticals, with land-based casino and igaming generating…

Finance ・ 17 November 2023

Zacks

Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings

Leading international developer of multi-use integrated resorts and casinos Las Vegas Sands Corp. ( - Free Report) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The stock was up 2.9% on Oct 19, reflecting the upbeat earnings…

Finance ・ 20 October 2023

iGaming Brazil

Mississippi casinos report revenue of $218 million in July

The Mississippi Gaming Commission (MGC) reported that the state's 28 casinos generated $218.5 million in revenue in July from poker, slots and table games. Revenue increased 3.5% compared to July 2022 ( $211 million) and 10% compared to June of this year ( $198.1 million). Coastal casinos reported revenue of $143.1 million in July, while northern…

Finance ・ 26 August 2023

Review Journal

US commercial casinos on track for record year

Commercial gaming in the United States had a record second quarter and is on track to shatter the annual record set last year. The American Gaming Association on Wednesday reported revenue of $16.07 billion for the quarter that ended June 30, beating last year's second quarter by 8.1 percent. It was the industry's second-best quarter in history,…

Finance ・ 17 August 2023

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The Sports Geek

U.S. Commercial Gaming Sets Record GGR in Q2 2022

Federal officials revealed last week that US Commercial Gaming revenue had a record-breaking quarter from April-June 2022. According to the American Gaming Association Commercial Gaming Revenue tracker, nationwide commercial gaming revenue totaled $14.81 billion, topping the previous all-time quarterly mark set in Q42021 by 3.3%. The Q22022 GGR was…

Gaming Authorities ・ 15 August 2022

Review Journal

Record revenue reported by nation’s commercial casinos

Commercial gaming in the United States hit a quarterly record for April, May and June, putting the U.S. on track for its best year in history, the American Gaming Association reported Thursday. Nationwide commercial gaming revenue totaled $14.81 billion for the second quarter, beating the fourth quarter of 2021 by 3.3 percent. With $29.16 billion…

Finance ・ 26 October 2022

Bangkok Post

Casinos Just Had Their Best Month Ever

Gambling industry reports record $5.31 billion in revenue for the month of March Gamblers spent $8.19 billion on slot machines during the first quarter, a 19% increase from the same period a year earlier, according to the American Gaming Association. (Photo: AFP) Gamblers, eager to get back to slot machines and blackjack tables, have shrugged off…

Gaming Authorities ・ 14 May 2022

The Sports Geek

U.S. Gambling Industry Sets Record With $5.38 B Revenue in March 2022

Casinos and gaming entities in the United States set a new one-month record with a total of $5.31 billion in revenues for March 2022. According to a press release from the American Gaming Association, the March 2022 gaming revenue was the "highest-grossing revenue month in industry history". The record-breaking March 2022 revenue tally punctuated a…

Finance ・ 22 October 2022

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Trip Pub

U.S. casinos enjoyed record-breaking $5.3 billion March

With inflation high, fuel prices on the rise, and the pandemic still dealing Americans a bad hand, U.S. casinos are cleaning up on gamblers looking for a lucky break. The American Gaming Association reported Wednesday that commercial casinos took a record $5.3 billion off of bettors in March. The American gambling industry's largest trade group…

Covid ・ 12 May 2022

Casino News Daily

US Commercial Gambling Revenues

On Tuesday the American Gaming Association (AGA) updated its Commercial Gaming Revenue Tracker with the latest numbers which covered February. The month showed continued growth for 2022 and actually set a record for the highest-grossing month 2 on record. Sustained growth in sports betting and iGaming along with continued growth in slots revenues…

Finance ・ 11 April 2022

World Casino News

US commercial casinos generate $53bn in 2021

It appears last year was a record-setting one for commercial casinos in the United States. The American Gaming Association (AGA) is reporting that its Commercial Gaming Revenue Tracker shows the nation reached $53 billion in revenues for 2021. This total blasts the previous record from 2019 when the US reached over $43 billion. The industry was…

Finance ・ 16 February 2022

Review Journal

Nation’s commercial casinos produced record revenue in 2021

The nation's commercial casinos generated more revenue in 2021 than any other year in the industry's history, the American Gaming Association reported Tuesday. Gross gaming revenue reached $53 billion, breaking the previous industry record of $43.65 billion, set in 2019, by more than 21 percent. "These results are nothing short of remarkable," said…

Finance ・ 16 February 2022

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Review Journal

AGA confirms record 2021 gaming revenue from nation’s casinos

Nevada has produced its share of gaming revenue records this year, so it stands to reason that the American Gaming Association is indicating commercial gaming revenue nationwide will reach its highest level ever in 2021. And that's without all of the numbers from November numbers in and nothing yet from December. The AGA on Wednesday affirmed that…

Finance ・ 09 December 2021

WHEC 10 News

Casinos have best quarter ever; 2020 total exceeded already

U.S. casinos are on pace to break the annual record of $43.65 billion, set in 2019, the group said. Bill Miller, the association's president and CEO, noted that the second quarter of this year also broke records. "Two straight quarters of record gaming revenue is an incredible accomplishment in any context, let alone after the most challenging year…

Land-based ・ 15 November 2021

GGRAsia

Sci Games 3Q net income up y-o-y helped by gaming biz

Casino equipment and online games provider Scientific Games Corp said on Tuesday its third-quarter net income was US$182 million, compared to a US$117-million net loss in the prior-year period. Net income was also up sequentially by 67.0 percent. The figure included contributions from the company's continuing operations as well as from discontinued…

Sports ・ 10 November 2021

Entrepreneur

4 Solid Casino Stocks to Buy on a Thriving Gambling Industry

Experts feel that the casino industry is recovering at a faster rate than expected and is on track to surpass $44 billion in revenues this year. This... Stay informed and join our daily newsletter now! 5 min read The gambling industry was badly hit last year as the pandemic prevented people from visiting casinos. However, things started changing as…

Finance ・ 07 September 2021

World Casino News

AGA reports commercial casino revenues at an upward trend

Commercial gaming revenues in the United States are on the rise. According to the American Gaming Association, totals reached $13.6bn for the second quarter of 2021, which is a new record for the industry. The total is the best one yet, outpacing the 2019 third quarter results of $11.1 billion. To date, commercial gaming facilities have generated…

Finance ・ 12 August 2021

Forbes

U.S. Gambling Revenue To Break $44 Billion Record In 2021

Americans are gambling their way through the pandemic. U.S. gambling revenue hit $13.6 billion in the second quarter of 2021, a new industry record, according to data from the American Gaming Association. The revenue from states that allow gambling is up 22 percent from the previous record of $11.1 billion in the third quarter of 2019, months…

Finance ・ 14 August 2021

The Detroit News

As bettors flock back to casinos, Detroit venues netted $109M in April

Detroit's three casinos netted nearly $109 million in revenue in April, one year since the start of a coronavirus pandemic-related casino shutdown that wiped out revenues for four straight months in 2020. Even though the casinos continue to operate under capacity limits aimed at stopping the spread of COVID-19, the casinos were not too far off from…

Covid ・ 11 May 2021

Card Player

Commercial Casinos Win $14.8B In Second Quarter

The U.S. casino industry turned in another massive quarter. Nationwide commercial gaming revenue totaled $14.81 billion in Q22022, according to the American Gaming Association. The total sets a new quarterly record for the industry, beating Q42021 by 3.3 percent. With $29.16 billion generated through the first half of the year-a nearly 18 percent…

Sports ・ 22 August 2022

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Casino Industry Sets Q2 Revenue Record

U.S. commercial gambling continued its long run of consecutive quarterly revenue growth in the second quarter, hitting a Q2 record of $16.07 billion, according to the American Gaming Association. The total outpaced Q22022 by 8.1 percent and marked the 10th consecutive quarter of annual growth for the commercial casino industry. Q22023 is the…

Industry ・ 17 August 2023