The latest data released by the American Gaming Association (AGA) shows that the US casino industry enjoyed its best second quarter in history as commercial casinos across 25 states took in $13.6B. The latest figures show an increase of nearly 500% on Q2 2020 when casino revenue was severely impacted by the global pandemic.
The $13.6B includes gaming revenue from table games, sports betting, and iGaming and broke the previous quarterly record set in Q3 2019 by 22.5%.
U.S. Casino Industry Set for Best Ever Year: Data Reveals Record-Breaking $13.6b Q2The report also reveals that at the start of the quarter, 15 of 25 states still had restrictions in place that limited the capacity of three quarters of the country’s commercial casinos. At that time 345 of 463 casino had restricted capacity to 50% or lower, but by the end of the quarter all had been permitted to operate at full capacity.
In a press release issued alongside the report, AGA President and CEO Bill Miller said:
U.S. Casino Industry Set for Best Ever Year: Data Reveals Record-Breaking $13.6b Q2According to the report, sports betting revenue declined 8% from the previous quarter to $889M. This was expected as the second quarter is usually a quieter period for sportsbooks due to a limited sporting calendar. However, the sports betting industry has already generated more revenue in the first six months of 2021 (1.8B) than all of 2020 (1.5B).
The iGaming industry also enjoyed a strong second quarter setting a new quarterly revenue record as operators hit $901M in revenue, a 15% increase on the previous quarter.
Speaking of the industry’s recovery, Miller went on to add:
U.S. Casino Industry Set for Best Ever Year: Data Reveals Record-Breaking $13.6b Q2