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U.S. business gaming income topped $11 billion in Q1 2021

Document March Gaming Income Drives Trade’s Restoration

WASHINGTON – U.S. business gaming income topped $11 billion in Q1 2021, matching Q3 2019 because the trade’s highest-grossing quarter ever, in line with the American Gaming Affiliation’s (AGA) Commercial Gaming Revenue Tracker. The income whole marks a 4.1 % enhance over the trade’s pre-pandemic efficiency in Q1 2019 and is a 17.7 % enhance over Q1 2020, when all the gaming trade shut down in March as a consequence of COVID-19.

U.S. business gaming income topped  billion in Q1 2021

Business gaming’s robust Q1 income numbers signify an accelerating restoration for the trade, with Q1 2021 income up 21.1 % over This fall 2020. Beneficial properties in gaming income have been largely pushed by the trade’s efficiency in March, the highest-grossing income month in historical past for U.S. business gaming.

 

Greater than half of states with business casinos noticed quarterly gaming income will increase over Q1 2019, with a number of states reporting document quarters.

 

“Right now’s report exhibits gaming’s comeback is forward of schedule,” stated AGA President and CEO Invoice Miller. “All through the COVID-19 pandemic, our trade has confronted quite a few challenges head-on whereas nonetheless reopening responsibly and offering a secure, thrilling atmosphere for patrons.”

 

Regardless of important COVID-mandated restrictions on casino capacity and amenities throughout the nation, conventional brick-and-mortar on line casino video games generated 90 % of their Q1 2019 income, with March 2021 income for slots and desk video games coming inside one % of March 2019 totals.

 

Sports activities betting income for Q1 2021 noticed a quarterly U.S. document of $961 million, up 270 % over Q1 2020 and surpassing 2019’s full-year whole of $909 million. Boosted by the January launch of on-line casinos in Michigan, iGaming generated $784 million nationwide in Q1 2021, greater than tripling U.S. iGaming income from Q1 2020. 

 

“The gaming trade is producing these spectacular outcomes with one hand tied behind our again as capability and amenity restrictions stay throughout the nation,” stated Miller. “It is a testomony to gaming’s arduous work to assist guarantee our group members’ security and well-being, which enabled us to reopen safely. We utilized those self same requirements to our prospects, whose clear pent-up demand was met by our accountable trade.”

Background

  • 30 states and the District of Columbia featured operational business gaming markets in Q1 2021, together with on line casino gaming, sports activities betting and iGaming.
  • By the top of Q1, 454 (97.8%) of 464 business casinos within the U.S. have been open. Whereas some states had returned to full capability, most U.S. casinos have been nonetheless working with capability restrictions starting from 25-75%.
  • COVID-related restrictions on on line casino capability and facilities fluctuate on a state and native stage. AGA’s COVID-19 casino tracker is monitoring on line casino capability restrictions on a state-by-state foundation.

Concerning the AGA 
The American Gaming Association is the premier nationwide commerce group representing the $261 billion U.S. on line casino trade, which helps 1.8 million jobs nationwide. AGA members embrace business and tribal on line casino operators, suppliers and different entities affiliated with the gaming trade. It’s the mission of the AGA to attain sound insurance policies and rules in step with on line casino gaming’s trendy attraction and huge financial contributions.

 

 

 

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