US Gambling Market Revenues Hit $16.07 Billion in Q2

The United States saw its gambling industry generate an almost record-setting $16.07 billion in revenue during the second quarter of this year, the tenth consecutive quarter that revenues have grown in the country.

The revenue was up 8.1% from the same period in 2022 and is the second-highest total ever recorded, coming in only below revenue markers for the first quarter. For te first six months of the year, the industry's revenues sit at $32.71 billion, up 11.9% from the year prior.

Gambling trade body the American Gaming Association estimates that the industry paid $7.28 billion in taxes to state and local governments, up 12.9%.

Land betting slots, table games, and retail sportsbetting generated $12.38 billion, up 0.9% from last year. Online gambling grew 43.1% to $3.68 billion.

American Gaming Association President Bill Miller commented on the results, noting: "While commercial gaming is on track for an unprecedented third consecutive year of record revenue, the lasting impact we're making on our communities through this record growth is even more impressive.

"These results are a clear indication that our post-pandemic recovery wasn't a fluke: the gaming sector continues to thrive and when we do well our communities do well.

"To sustain this momentum, the AGA will continue enlisting more allies in our fight against the illegal market, bolstering responsible gaming and building a business environment that allows our innovative industry to bring world-class entertainment to adults across America."

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.

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