The three months of March, April, and May were the three most successful in terms of gaming revenue in North America’s history, with each month exceeding $5 billion in GGR.
With GGR in the first five months reaching $24.39 billion, a rise of 20.6% from 2021, that implies the US commercial sector is well on its way to a record-setting yearly revenue.
The data, which comes during difficult circumstances, is provided by the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker.
May 2022 was the best May and the second-highest monthly total in history, with commercial land-based casinos, sportsbooks, and online casinos producing GGR of $5.03 billion. This was an increase of 7.9% from May 2021. The amount made from slots and tables was $4.13 billion, up 1.4% from May 2021, making it the third-highest monthly total in history. Slot machine revenue decreased 0.1% to $2.94 billion while table revenue rose 10.5% to $873.9 million.
Sportsbooks in physical stores and online made $487.5 million in May, an increase of 78.2% from 2021. The amount of money earned by online gaming, which is currently legal in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia, increased by 30.9 percent to $406.4 million in May.
Five months, only four states are lagging behind what they generated for the first five months of 2021. These were the District of Columbia, which was down 21.2 per cent, Kansas, which was down 0.8 per cent, Mississippi, down 2.5 per cent, and South Dakota, down 1.9 per cent.
For the year so far, slot and table GGR has hit $19.7bn, 13.9 up from the same period of 2021. Sports betting revenue has reached $2.64bn, marking an increase of 73.5 per cent ahead. Online gaming for the first five months hit $2.03bn, up 45.6 per cent from 2021.
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