US Gaming Industry Sees 14th Quarter of Growth The U.S. commercial gaming sector just hit an incredible milestone, earning $17.63 billion in Q2 2024. That represents 14 straight quarters of growth. Some quick highlights: 🔸Land-based casinos make up 71.4% of total revenue and 1.8% growth. 🔸Online gaming hit a record $1.98 billion up 25.2% 🔸Sports betting revenue was $3.16 billion in revenue up by 35.3% year-over-year. If you want to improve GGR you need a recruiting partner with a scientific approach to game studio talent transformation. Good games aren't luck. They are the result of great teams… and our clients prove it. #GamingIndustry #RecordRevenue #OnlineGaming #SportsBetting #IndustryGrowth #QDStaff
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https://lnkd.in/dB6wF5Gk U.S.: The GGR for the commercial gaming sector in February 2024 was USD 5.61 billion The second month of this year offered record indicators for the industry, with huge growth in the land-based gaming and the sportsbooks segments. It was the 36th consecutive month of YoY expansion. Besides, 28 of 34 commercial gaming jurisdictions saw combined revenue from traditional casino games, sports betting and iGaming rise from the previous year. #commercialgaming #revenuetracker #GGR #data #stats #indicators #performance #UnitedStates #record #AGA #landbasedgaming #casinos #operators #slotmachines #tablegames #onlinegaming #sportsbooks #sportsbetting #revenue #handle #monthly #annualcomparison #February2024 #increase #growth #expansion #states #market #business American Gaming Association
U.S.: The GGR for the commercial gaming sector in February 2024 was USD 5.61 billion - Gaming And Media
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AGA’s Gaming Industry Outlook Index indicates CEOs positive about the industry: https://lnkd.in/eXtNnvX8 With gaming revenues at an all-time high (https://lnkd.in/e8AMRQit...
United States casinos post $66.5 billion in revenue for 2023, a 10% increase over 2022
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🎲 In August 2024, the U.S. gaming industry continued its impressive growth streak, now in its 42nd consecutive month. According to the American Gaming Association (AGA), the combined revenue across casinos, sports betting, and iGaming hit $5.65 billion, an 8.7% increase over August 2023. Online gaming led the way, growing 28.8% year-over-year to reach $1.42 billion and now accounts for 25.2% of the total gaming market—a sharp rise from 21.3% the previous year. Traditional casino games also saw a steady 3.3% growth, with slots and table games generating $4.18 billion. In sports betting, revenue reached $755.7 million across 33 states, boosted by new entries like Kentucky and Maine. Washington, D.C. saw standout gains, with sports betting revenue up 333% from 2023. Delaware also saw a 126% increase with the recent addition of online betting options. These sectors generated approximately $1.21 billion in state tax revenue just in August, with $10.14 billion collected year-to-date, showcasing the massive impact of gaming on state economies. #GamingIndustry #USGaming #iGaming #SportsBetting #CasinoGaming
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AGA’s Gaming Industry Outlook Index indicates CEOs positive about the industry: https://lnkd.in/eUwweapA With gaming revenues at an all-time high (https://lnkd.in/e5BVvwGA...
United States casinos post $66.5 billion in revenue for 2023, a 10% increase over 2022
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In the quarterly update of its Commercial Gaming Revenue Tracker, the American Gaming Association (AGA) noted that the industry has continued to grow well into the second quarter of 2024, registering gains across all tracked performance markers, namely total gross gaming revenue, traditional casino gross gaming revenue, sports betting gross gaming revenue, and iGaming gross gaming revenue. Virtually, every sector of the industry has grown over the past three months, underpinned by robust trends within the respective verticals. Commercial and digital segments have contributed to shaping a more resilient industry that has been able to mark growth across all crucial areas. Read the full story ➡ https://lnkd.in/dJPSq2Jr #usa #gambling #gamblingnews #finance #business #casino
AGA Hails 14th Consecutive Quarter of Growth with Gaming Revenue Hitting $17.63B
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The American Gaming Association (AGA) has reported its ‘Commercial Gaming Revenue Tracker’ and ‘State of the States’ for Q1 2024. In total, gross gaming revenue (GGR) came to $17.67bn, with year-over-year growth of 5.6%, with March 2024 providing the industry with its second-highest revenue recording ever at $6.09m, falling just behind the all-time high of $6.35bn reported in December 2023. https://lnkd.in/d6GmSKjT
AGA Q1: iGaming GGR grows 26.1%
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New Jersey gaming revenue grew 8.3% to $510m for May 2024, an 8.3% increase from $470.9m in May 2023. YTD total gaming revenue amounted to $2.57b, a 13.1% rise compared to the $2.2b reported in the same period last year. Casino wins for the nine properties was $239.1m in May 2024, up 5.2% from $227.3m in May 2023. The YTD casino revenue was $1.11b. Internet gaming revenue was $192.1m for May 2024, a 19% increase from $161.4m in May 2023. For the YTD, internet revenue reached $942.8m, Sports wagering gross revenue by casinos, racetracks, and their partners was $78.8m for May 2024, a 4.2% decrease from $82.2m in May 2023. YTD total grew to $513m, a 37.0% increase from $374.5m in the same period last year. (Source New Jersey Division of Gaming Enforcement)
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🚀 Exciting News for the Gaming Industry in New Jersey! February has brought some incredible results for the gaming sector in New Jersey, marking yet another milestone in its growth trajectory. According to the latest data, gambling revenue surged impressively, showcasing the resilience and vitality of the industry even in challenging times. 💥 Total gaming revenue reached an impressive $353.2 million in February. 💥Online gaming revenue witnessed a substantial increase of 64.4%, amounting to $130.5 million. 💥Sports betting also experienced a significant uptick, with a remarkable 111.8% rise compared to the same period last year. These impressive figures underscore the immense potential and resilience of the gaming sector, demonstrating its ability to thrive despite external uncertainties. As we navigate through dynamic market landscapes, it's evident that the gaming industry continues to be a beacon of growth and innovation. This positive momentum not only reflects the evolving preferences of consumers, but also underscores the importance of adapting to changing market dynamics. Here's to the continued success and prosperity of the gaming industry in New Jersey and beyond! 🌟 #GamingIndustry #NewJersey #Growth #Innovation #sportsbiz #sportsbetting https://lnkd.in/gm4m7jYm
New Jersey gambling revenue up in February despite land-based decline
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US commercial gaming revenue reached an annual record of US$66.5 billion in 2023, up 10% year-on-year and representing the third straight year of setting new all-time records, according to information from the American Gaming Association (AGA). The December 2023 quarter also set a new all-time high in quarterly revenue of US$17.4 billion, while December became the single highest grossing month on record with revenues of US$6.2 billion. #InsideAsianGaming #IAG #AGA #AmericanGamingAssociation
Growth of sports betting and iGaming drives US commercial gaming revenues to all-time high of US$66.5 billion in 2023
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#ICYMI: April 2024 marked the 38th straight month of revenue growth for U.S. commercial gaming. Learn more about what’s driving gaming’s continued momentum in AGA’s Commerical Gaming Revenue Tracker: https://lnkd.in/df5PnBE
AGA Commercial Gaming Revenue Tracker - American Gaming Association
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