American Gaming Revenue Sets Record in 2022

This story was published more than 1 year ago.

US gambling trade body the American Gaming Association announced that the country's gambling industry set a revenue record in 2022, with the total generated in revenues hitting $60.4 billion during the month.

The revenue total eclipsed the previous total of $53 billion generated in 2021 and comes as 34% of the American adult population (84 million) visited a casino in the last year.

Table game revenues were up 13.9%, and slot machine revenue grew 5.1%. The growing sportsbetting industry generated $7.5 billion in revenue on $93.2 billion in handle. New states launched during the year included New York, Louisiana, Kansas, and Maryland.

Online betting revenue for the year hit $5 billion, growing 35.2% over 2021.

"Our industry significantly outpaced expectations in 2022," said AGA CEO Bill Miller. "Simply put, American adults are choosing casino gaming for entertainment in record numbers, benefiting communities and taking market share from the predatory, illegal marketplace.

"Even as we navigate macroeconomic headwinds, I am optimistic about the year ahead. To carry our momentum into 2023, the AGA remains focused on combating the illegal market, doubling down on responsibility, and creating favourable policy and regulatory conditions that enable our industry's sustained success."

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.