Noticias de ultima
  • 12.00 ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM
  • 12.00 Thailand Entertainment Complexes: Casino Operator Proposes 5% Gaming Cap
  • 12.00 Allahabad High Court Instructs UP Government to Set Up Regulatory Panel for Online Gaming
  • 12.00 Justin Anastasi: ‘iGB L!VE represents a high energy, high impact, event where we take the pulse of the industry’  
  • 12.00 Sweden Prohibits Credit-Based Betting for Licensed Gaming Operators
  • 12.00 Atlaslive Report: European Gambling Market Surges to €123,4B in Digital-First Shift
  • 12.00 Detroit casinos record $114 million in revenue for May
  • 12.00 5 years of Onlyplay: 5 iconic games behind the rise
  • 12.00 Clarion to unveil ICE Research Institute to key industry influencers during AI-focused presentation at Gaming in Spain conference
  • 12.00 Amusnet Strengthens Presence in Brazil with VBET Partnership
Reports & Data

Land-based and online sportsbooks generated a combined $1.02 B in commercial revenue in October

Friday 20 de December 2024 / 12:00

AGA

2 minutos de lectura

(Washington).- The American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. This is a detailed report for October.

Land-based and online sportsbooks generated a combined $1.02 B in commercial revenue in October

 

In October, U.S. commercial gaming revenue grew 1.9 percent compared to the same month in 2023, the industry’s 44th consecutive month of annual growth. According to data from state regulators compiled by the American Gaming Association (AGA), industry win from traditional casino games, sports betting and iGaming reached $5.81 billion, setting a new monthly high for October.  

Through the first ten months of 2024, commercial gaming revenue stands at $59.11 billion, 7.3 percent higher than the same period last year. 

Nationwide, the legal casino gaming, sports betting and iGaming verticals generated $1.08 billion in state gaming tax revenue in October. Over the first ten months of the year, regulated gaming operators have paid $12.61 billion in gaming taxes alone.  

Of the 35 commercial gaming jurisdictions that were operational a year ago and had published complete October data, about half reported an increase in combined revenue from traditional casino games, sports betting and iGaming.   

Land-based gaming, including combined revenue from casino slots, table games and retail sports betting increased by 1.43 percent year-over-year to $4.10 billion in October.  

At the same time, online gaming continued its expansion with combined revenue from online sports betting and iGaming increasing 5.9 percent year-over-year to $1.73 billion. In October, online gaming accounted for the same exact percentage of total commercial gaming revenue compared to October 2023, 29.9%.  

Traditional casino slot machines and table games continue to comprise the bulk of revenue for the U.S. commercial gaming industry. In October, these segments collectively generated $4.03 billion in total revenue, a steady 2.1 percent expansion over last October. Slot machines generated $2.91 billion, up about one percent (0.7%), while table game revenue contracted by 6.6 percent, to $751.4 million.  

These individual slot and table game figures exclude data from Louisiana and Michigan due to different state reporting methods, but their combined totals are included in the nationwide traditional gaming total. 

Traditional gaming revenue bounced back in October climbing over two percent after falling more than one percent in September. Of the states with traditional gaming, 22 of the 27 states reporting expanded brick-and-mortar revenue compared to October 2023.   

Through the end of October, year-to-date revenue from casino slot machines and table games totaled $41.21 billion, half a percent ahead of the same period in 2023. Notably, Nebraska is still benefiting from the mid-August reopening of WarHorse Casino, while Delaware struggled against a difficult comparison to a very strong month in October 2023.  

In October, land-based and online sportsbooks generated a combined $1.02 billion in commercial revenue across 33 jurisdictions, excluding Arizona, which had not reported data at the time of publication, a 13.7 percent decrease from October 2023, when commercial sports betting was active in 31 jurisdictions. Excluding new markets, sports betting revenue declined 18.2% year-over-year. 

Since last October, three new states have launched commercial sports betting: Maine, North Carolina and Vermont, contributing to a monthly commercial sports betting handle of $12.98 billion, up 6.8% from the previous year. Excluding new markets, October handle was up about 1.2%.  

Overall October sports betting revenue was impacted by a significantly lower hold percentage (7.9%) compared to last year (9.7%).  

October sports betting revenue in the District of Columbia grew 228.1 percent year-over-year in October due to its online sports betting market expanding to include four additional non-lottery operators.  

Year-to-date, commercial sports betting revenue reached $11.06 billion through October, exceeding the same period last year by 27.2 percent. 

The iGaming sector continued its strong growth in October as revenue expanded 34.1 percent year-over-year to $758.4 million across seven active states.  

Revenue increased in all six states where iGaming was active in October 2023. Notably, Delaware iGaming revenue increased 585.5 percent in October, a result of a recent shift in the state’s iGaming partner.  

Year-to-date through October, iGaming revenue reached $6.79 billion, a 27.9 percent increase compared to the same month last year. 

Categoría:Reports & Data

Tags: Sin tags

País: United States

Región: North America

Event

SBC Summit Americas 2025

13 de May 2025

ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM

(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.

Friday 13 Jun 2025 / 12:00

Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm

(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.

Thursday 12 Jun 2025 / 12:00

Air Dice Revolutionizes iGaming with Nord Legends and Player Protection Technology

(Fort Lauderdale, SoloAzar Exclusive).- Air Dice presented its innovative Nord Legends line at SBC Summit Americas, combining Norse mythology with advanced game mechanics. The company is committed to AI and gamification to enhance the user experience. Read more about Air Dice's strategic focus and global growth in this interview with Rocio Moitino, Director for Latin America.

Wednesday 11 Jun 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO