American Gambling Revenue Hits All-Time Record
The month of March just set a new all-time American gambling income record, bringing in $five.31 billion from slot machines, table games, sports betting and even online gambling! This brings the first quarter nationwide revenue totals for the 1st quarter of this year to over $14.three billion, just brief of the single-quarter revenue record set in the fourth quarter of final year.
March revenue was up 18.five% from the same time final year, when most casinos have been operating at or close to full capacity. The very first quarter of 2022 saw gaming income accelerated almost 29% from final year and 34% when compared the identical time in 2019.
American gambling revenue for land-based casino slot and table games generated $11.5 billion in first quarter, a 22.7% achieve year-more than-year and an increase of 10.six% from the first quarter of 2019. Land-based gaming revenue has traditionally been reduced in the 1st quarter, a trend that seems to have continued this year. Although slot and table revenue was up year-over-year it declined compared to quarters two via 4 of last year.
While land-based functionality drove overall gaming income, sports betting and on the web gaming continued to see tremendous growth in the first quarter, with each segments setting all-time quarterly records on the back of healthful growth in current markets and new state launches, with New York being the most notable.
If you would like to see a complete, detailed breakdown of the American gambling income numbers, pay a visit to the American Gaming Association and their Commercial Gaming Revenue Tracker.