In January, the US saw a new record for commercial gaming revenue of $5.05bn. Sports betting contributed $1bn to this record.
This was 21.1% more than the year before and the 23rd consecutive month for revenue growth in the sector.
This was mainly due to slots revenue which reached $2.50bn per month, an increase of 15.5%.
The revenue from sports betting increased by 58.2%, to $1.02bn. This is the first time that the vertical has seen more than $1.0bn in revenue. Arizona, which is still to report its monthly revenue figures, was not affected by this increase.
TheAGA stated that the increase in sports betting was due to two highly anticipated state markets, Ohio or Massachusetts. Ohio had a January revenue record of $208.9 million, while Massachusetts saw a GGR of $96.9m.
Since then, the Bay State has added mobile products to its legal product line. The first digital wagers were placed in March.
Louisiana had $197m in sports betting revenue, which was second to none in the United States.
Table games revenue increased by 14.7% to $838m, while igaming revenues grew by 20.6%, reaching $482m.
The January total revenue from table and land-based casinos slot machines was $3.99 billion, an increase of 14.3%
The AGA’s breakdown of each state
According to AGA figures, 31 of the 33 jurisdictions for commercial gaming that were in operation one year ago reported year-on year growth for January.
Nevada saw the highest monthly revenue, at $1.27bn , an 18% increase over the previous year. Pennsylvania’s revenue was second at $477.3m. This 16.9% increase is the result.
New Jersey came in third with $436.9m of revenue. This was an increase of 14.5%.
