AGA: US Gambling Revenue Hits $15 Billion in Q3

This story was published more than 1 year ago.

American gaming body the American Gaming Association has announced that its latest gambling survey revealed that gambling revenue in the United States hit $15.17 billion in the third quarter of 2022.

The numbers are up 2% from the $14.81 billion that was recorded in the second quarter, which itself was an all-time record. The yearly total to date is 14.7% ahead of the same time last year, and also ahead of 2019's totals, which came before the Covid-19 pandemic.

The industry had a growth rate of 8.8% compared to last year, outpacing the U.S. economy's 2.6% growth for general industry.

Growth is being spawned by sportsbetting growth and proliferation throughout the country. The activity has generated $4.78 billion in the first nine months of this year, beating out the full-year total of $4.34 billion last year. Slots and table games remain strong, with $12.27 billion in revenue, up 1.8% from last year. Internet gambling has generated $1.21 billion for the year to date.

Regarding the performance, AGA CEO Bill Miller said, "While business challenges remain, high consumer demand continues to fuel our industry's record success. Our sustained momentum in the face of broader economic volatility points to gaming's overall health today and provides confidence as we look to the future."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.