Q2 Commercial Gaming Revenue Smashes All-time Record, Hits $13.6B

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“These first half outcomes are really exceptional. It’s much more spectacular when you think about business gaming income was at its lowest level ever only a 12 months in the past,” stated AGA President and CEO Invoice Miller. “This can be a testomony to our resilience and dedication to offering prospects secure environments and world-class leisure experiences.”

On the state stage, 22 out of 25 business on line casino states noticed quarterly gaming income will increase in Q2 2021 in comparison with the second quarter of 2019. The bulk (19 of 25) of economic on line casino states outperformed their first half of 2019.

Whereas progress in sports activities betting and iGaming buoyed the gaming business over the past 12 months, file brick-and-mortar on line casino income—up almost 10 % from its earlier excessive in Q3 2019 to $11.8 billion—is now strengthening the business’s record-setting restoration. This can be a results of easing capability and amenity restrictions, coupled with continued client demand. Whereas three-quarters of economic casinos started Q2 capped at 50 % capability or much less, almost each business on line casino had returned to full capability by the top of June.

Sports activities betting income declined 8 % from the earlier quarter to $889 million attributable to a quieter sports activities calendar. Regardless of this, the primary half of 2021 has already generated extra sports activities betting income ($1.8 billion) than all of 2020 ($1.5 billion).

iGaming income additionally had a powerful second quarter, reaching a brand new quarterly income file of $901 million, up 15 % from the primary quarter of 2021.

“The previous 18 months have confirmed that this business can persevere by means of laborious occasions whereas remaining devoted to our prospects and communities,” stated Miller. “COVID-19 isn’t but within the rearview mirror, however I am assured the file first half of 2021 has laid a powerful basis for the business’s full restoration.”

Background

30 states and the District of Columbia featured operational business gaming markets in Q2 2021, together with on line casino gaming, sports activities betting, and iGaming.
COVID-related restrictions on on line casino capability and facilities fluctuate on a state and native stage. AGA’s COVID-19 casino tracker offers on line casino capability restrictions on a state-by-state foundation.
AGA’s Commercial Gaming Revenue Tracker offers state-by-state and cumulative perception into the U.S. business gaming business’s monetary efficiency based mostly on state income experiences. This subject highlights second quarter outcomes, ending June 30, 2021.

In regards to the AGA
The American Gaming Association (AGA) is the premier nationwide commerce group representing the $261 billion U.S. on line casino business, which helps 1.8 million jobs nationwide. AGA members embrace business and tribal on line casino operators, suppliers, and different entities affiliated with the gaming business. It’s the mission of the AGA to realize sound insurance policies and rules in keeping with on line casino gaming’s fashionable attraction and huge financial contributions.

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SOURCE American Gaming Affiliation