American commercial gaming entities recorded a record $17.67 billion in the first quarter of 2024, the 13th consecutive quarter setting an all-time high.
“While gaming's momentum remains strong, 2024 will be the new baseline for future growth after several years of sports betting legalization and post-pandemic consumer shifts,” said AGA President Bill Miller in a statement. “Gaming's continued growth relies on maintaining our commitment to innovation and responsibility.”The AGA report underscores the continued growth of online sports betting and casino gaming.
Sportsbooks generated $3.33 billion in quarterly revenue on $36.86 billion in handle, the vast majority coming online. This reflected a 22% year-over-year growth compared to Q1 2023. The sports betting figures were boosted by recent market launches in North Carolina, Kentucky, Maine, and Vermont.