US commercial gaming revenue down 9% year-on-year for January; up 23% from December

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Commercial gaming revenue in the US fell 9% year-on-year for January down to $3.38bn but was 23% up month-on-month, according to American Gaming Association (AGA) statistics.

The AGA’s commercial gaming revenue tracker showed that gaming revenue improved 23% from December after two months of losses, with sports betting gross gaming revenue (GGR) up 139% from the same period last year, to $330.3m.

The launches in Virginia and Michigan helped record a new national record for a single month of sports betting revenue, and led to at least $3.8bn being wagered with legal sportsbook across the country.

Online gaming revenue skyrocketed by 214% for January compared to 2020, up to $217.7m which was a new monthly record. However, slot GGR saw a 13% decrease down to $2.04bn and table game GGR down 34% to $487.1m.

Gaming revenue from casino slot and table games was 20% down from last year at $2.8bn with land-based venues still operating at reduced capacity with limited amenities available.

The figures also showed that sports betting and online gaming together generated more than 16% of all US commercial gaming revenue in January, which was a larger share than in any fully operational month, after accounting for less than 6% during the same period last year.

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