Commercial gaming in the United States is on track for unprecedented record revenue for the third consecutive year. That was the characterization of the gambling market by American Gaming Association (AGA) President and CEO Bill Miller.
According to the latest AGA data, in the second quarter of 2023 revenue reached a record high of $16.07 billion (almost 1.49 trillion rubles). This is 8.1% higher than last year’s figure. Moreover, the US gaming industry has demonstrated financial growth for ten consecutive quarters.
The first six months of 2023, according to the American Gaming Association, was the strongest half-year for the commercial gaming industry. During this period, the market generated revenues of $32.781 billion (over 3 trillion rubles). Compared to the same stretch in 2022, the figure grew by 11.9%.
AGA notes that three quarters of the revenue still comes from land-based gambling establishments. However, the iGaming market figures showed a 43.1% year-on-year growth, with a result of $3.68 billion (340.4 billion rubles). As for sports betting, combined offline and online revenue totaled a record $2.3 billion (212.8 billion rubles) in the second quarter of 2023, up 50% year-over-year.
Miller said: ‘These results are a clear indication that our recovery from the pandemic was no fluke. The gaming sector continues to thrive, and when we thrive, our communities thrive.
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