Last year commercial casinos across the nation recorded record winnings, bringing in $66.5 billion.
That topped a previous high from 2022, increasing by 10 percent, according to the American Gaming Association.
ADVERTISEMENT
Driving the news: Including revenue from tribal-owned casinos, the overall casino gambling revenue for US casino operators is expected to actually be close to $110 billion last year.
- Despite economic challenges such as inflation, casino gambling remained strong, fueled by high demand for gaming activities.
- Brick-and-mortar casino slots and table games brought in $49.4 billion last year.
- Sports betting set highs for handle at $119.8 billion and sportsbook revenue at $10.9.
- Online casino revenue grew by nearly 23 percent to reach $6.2 billion.
What they’re saying: “From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high,” said AGA President and CEO Bill Miller. “Sustaining our momentum will take unified industry efforts around combating pernicious illegal operators and growing responsible gambling efforts in tandem with the growth of the legal market—both of which the AGA is committed to lead on throughout 2024.”
