AGA News: Industry stakeholder engagement, G2E registration open

ENGAGING INDUSTRY STAKEHOLDERS

The AGA continues to engage the broader gaming ecosystem, including regulators, policymakers and law enforcement, on combating the illegal market and advancing responsible gambling and advertising. These efforts have led the AGA team to several industry events in recent weeks, including:

Speaking at the IAGA International Gaming Summit on the dangers of illegal gambling and how the U.S. industry is leading the fight against these operators.

Testifying to the Indiana Gaming Commission on the legal gaming industry’s commitment to responsible gambling.

Attending the North American Gaming Regulators Association Annual Meeting to educate regulators on the illegal market and industry efforts on responsible sports betting advertising.

Presenting at the Attorney General Alliance Annual Meeting on “skill” games, offshore sites and “faux fantasy” operations, sharing specific actions state attorneys general can take to crack down on these illegal operators.

FIVE NUMBERS FROM AGA Q2 RESEARCH

AGA research released across Q2 2023 covered an array of industry topics. Here are five numbers to know.

85 percent of American adults agree with the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act.

Nearly nine in ten (88%) gaming equipment manufacturer CEOs expect sales of gaming units for replacement use to increase in the next three to six months.

Commercial gaming generated $13.49 billion in direct gaming tax revenue paid to state and local governments in 2022, not including billions more paid in income, sales or other taxes.

April 2023 marked the 26th consecutive month of annual growth with commercial gaming revenue reaching $22.06 billion through April, up 13.8 percent year over year.

More than 6 in 10 (61%) of gaming industry employees are minorities, compared to 42 percent of the total U.S. workforce.

AGA IN THE NEWS

The AGA continues to push back against false narratives about gaming and highlight the benefits of a legal market, our commitment to responsibility, and our contributions to communities. In June, these efforts resulted in several AGA opinion pieces being published.

ONE MORE THING

As the 2023 legislative cycle comes to a close, the AGA’s interactive Legal Sports Betting Map reflects movement in North Carolina, Kentucky and Vermont.

North Carolina legalized online wagering with an anticipated launch in the first half of 2024.

Kentucky and Vermont became the 37th and 38th states respectively to legalize sports betting. Kentucky is targeting a late 2023 launch while Vermont plans for mobile-only wagering in early 2024.