777jk4.jlbet.com login register,JP7 VIP apk

US Set for “Unprecedented” Commercial Gaming Revenue This Year, According to AGA

  • Commercial gaming revenue reached $16bn for the second quarter of 2023
  • This was an 8.1% year-on-year uptick, striking a new record for the period
  • It has also been a record-breaking first half of the year for commercial gaming
Graph rising to 2023
US commercial gaming revenue hit $16bn in Q2, making it an all-time high for the period. [Image: Shutterstock.com]

US commercial gaming revenue continues to rise, with the $16.07bn generated between April and June setting an all-time record for the two-month period. Year-on-year growth of 8.1% resulted in the second-highest-ever grossing quarter and the tenth consecutive quarter of annual growth.

governments benefitted from nearly $7.3bn in direct tax

According to the American Gaming Association (AGA), it’s also been a record-breaking first half of the year, with revenue reaching $32.7bn, making it almost 12% greater than the same period in 2022. Local and state governments benefitted from nearly $7.3bn in direct tax during the first six months of 2023.

Land-based properties still account for more than three-quarters of the total revenue figure and their results remain steady over time. A 43% year-on-year rise in online gambling performance was the main reason for the commercial sector’s strong start to the year. ?

AGA CEO and President Bill Miller remarked that the sector is “on track for an unprecedented third consecutive year of record revenue.” He noted that the post-pandemic recovery was not down to luck, adding that he thinks communities will continue to benefit from the success.

Leave a Reply

Your email address will not be published. Required fields are marked *