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For 6th consecutive month, the commercial gaming revenue exceeds $5 billion in the US


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The American Gaming Association reported that the sports betting revenue has experienced a significant increase of 60.8 percent, contributing to the overall industry revenue of $5.08 billion in February.

In February, the US commercial gaming industry continued its impressive streak, generating over $5 billion in revenue for the sixth consecutive month, as reported by the American Gaming Association’s (AGA) Commercial Gaming Tracker.

The industry recorded a total revenue of $5.08 billion, reflecting a 13.5 percent increase compared to the same month in 2022. However, it was slightly down from January’s figure of $5.5 billion. Despite this, the industry has maintained a remarkable trend of year-over-year growth for 24 consecutive months.

In February, 29 out of the 33 commercial gaming states that were operational a year ago experienced year-over-year revenue growth, with in-person gaming income holding the largest overall revenue share at 79.1 percent, owing to the seasonality of sports betting earnings.

Sports betting emerged as the fastest-growing vertical, with an impressive 60.8 percent annual growth, resulting in a total gross gaming revenue (GGR) of $635.1 million. Slot games also performed well, generating nearly $2.9 billion in revenue, which accounted for over half of the total GGR and marked an 8.4 percent increase. Table games followed closely, registering $812.2 million in revenue, a notable 9.1 percent year-over-year growth and serving as the second-highest revenue generator.

The iGaming operations in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia collectively recorded $465 million in revenue for February, reflecting a substantial 20.6 percent increase compared to the same period in 2022.

Jerome McNamara
Jerome McNamara
Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.


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