AGA: US Gambling Revenues Set Records

This week the American Gaming Association revealed that the United States set a record for commercial gaming revenue in January, hitting $5.5 billion, up 21.1% from last year's total.

The numbers indicate the 23rd consecutive month of growth for the industry, and was peaked with sportsbetting revenue exceeding $1 billion for the first time on record. Handle for sportsbetting was $10.9 billion in the 29 markets the activity is active in, boosted by operations opening in Ohio, Arkansas, and Maryland.

Traditional casino revenue was up 14.3% to $3.99 billion. Slots accounted for $2.86 billion (up 15.5%), while table games generated $838 million (up 14.7%).

Online betting continued to grow, with revenues in the states of Michigan, Delaware, Connecticut, New Jersey, West Virginia, and Pennsylvania hitting $482 million, up 20.6% from last year. This total ties the industry high set the month prior.

Numbers will likely continue to expand for the country throughout the year, as new states add to the kettle, with previous years lacking those markets.

Casino Listings News follows the industry and will update readers as appropriate.