Casino revenue hits record high in single quarter

The U.S. recovery miracle gambling industry has a record single-quarter revenue, and online gaming and sports betting continue to grow

Earlier, some brokerages pointed out that the prospect of the US gaming industry is better than that of Macau.

Under the huge gap between the anti-epidemic policies of the two places, the American Gaming Industry Association (AGA) recently announced the results of US casinos in the third quarter of this year.

Under the recovery of the epidemic, the US casino revenue reached 14 billion US dollars, becoming the most profitable quarter in local history. Among them, online and Sports betting revenue continues to grow and is on track to surpass 2019’s record of $43.65 billion for the best year ever.

AGA Chairman Miller said that it is an incredible achievement for the gaming industry to break the gaming revenue record for two consecutive quarters. The reason is that the tourism industry has steadily rebounded. In the third quarter alone, 9.2 million tourists visited Las Vegas. There is an increase of 10%.

U.S. gaming revenue for the first three quarters has surpassed last year’s total by nearly $39 billion, 18% higher than the total for the first three quarters of 2019. Of the 25 states where gambling was opened, 10 of them had record quarterly gambling revenue, with the Las Vegas Strip in Las Vegas recording a record $2.06 billion.

Among them, slot machines and table games are the main sources of income, with related gambling revenue of more than 12 billion US dollars, and online gambling recorded a gambling revenue of 939 million US dollars. Total sports and online gaming revenue for the first three quarters was US$5.36 billion, more than tripling year-on-year.

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