US Casino Market Sets August Record Of Over $4 Billion In Revenue

Written By Nicholaus Garcia on October 20, 2022
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August was a good month for the US casinos industry. Commercial land-based casino gaming, sports betting and online casino play combined to generate $4.89 billion, up 10% year-over-year, setting a new record for the month of August. 

This is the 18th consecutive month in which the gaming industry recorded positive year-over-year revenue growth.

August 2022 US casinos revenue numbers

Each non-tribal gaming vertical; including slot machines, table games, sports betting and online gambling (online poker, slot machines and table games), saw a positive increase compared to the same period in 2021.  

August revenue numbers by vertical:

  • Slot machines – $2.92 billion (up 1.7% from August 2021)
  • Table games – $810.7 million (up 4.3% from August 2021)
  • Sports betting – $471.4 million (up 116.2% from August 2021)
  • Online casinos – $401.8 million (up 31.9% from August 2021)
  • Total – $4.89 billion (up 10% from August 2021)

According to data from the American Gaming Association, commercial gaming revenue totaled $39.21 billion, a 14.9% increase, through the first eight months of 2022. 

Revenue numbers by vertical Jan. 2022 – Aug. 2022:

  • Slot machines: $22.82 billion (up 6.3% from the same period in 2021)
  • Table games: $6.69 billion (up 21.1% from the same period in 2021)
  • Sports betting: $3.97 billion (up 69.6% from the same period in 2021)
  • Online casino: $3.21 billion (up 39.9% from the same period in 2021)
  • Total: $39.21 billion (up 14.9% from the same period in 2021)

Individual gaming markets

At the individual level, 27 of 31 commercial gaming markets that were operational a year ago saw revenue growth compared to August 2021. 

August was also the first entire month of operations for land-based casino gaming in Virginia. The state became the 26th casino market in the US on July 8.

Of the 31 gaming markets, the four states that reported a decline were Delaware, Massachusetts, Mississippi and Montana.

  • Delaware down 20.8%
  • Massachusetts down 0.4%
  • Mississippi down 0.2%
  • Montana down 9.1%

Additionally, regional casino visitation, on average, jumped 4.2 percent in Illinois, Iowa, Louisiana, Mississippi and Missouri compared to 2019. 

One of the standout figures is the online casino market which is anchored by only six states. 

  • Connecticut
  • Delaware
  • Michigan
  • New Jersey
  • Pennsylvania
  • West Virginia

August revenue from online casino play increased 31.9% year-over-year to $401.8 million. Year-to-date, revenue from that sector sits at $3.21 billion, up 39.9% compared to the same period a year ago. 

Photo by PlayUSA
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Written by
Nicholaus Garcia

Nick Garcia is a senior reporter for PlayUSA. Garcia provides analysis and in-depth coverage of the gambling industry with a key focus on online casinos, sports betting and financial markets. Garcia has been covering the US gambling market since 2017. He attended Texas Tech University as an undergrad and received a Master of Arts in Journalism from Columbia College Chicago.

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