AGA: Q1 commercial gaming revenue matches highest quarterly total ever
The American Gaming Association’s Commercial Gaming Revenue Tracker found that Q1 2021 win was $11.13bn, matching the industry’s highest-grossing quarter ever.
The previous record was set in Q3 2019.
Q1 2021 GGR was up 17% year-on-year and up 21% from Q4 2020. Even more impressive is that Q1 2021 GGR marked a 4% increase from the same quarter in 2019.
“Today’s report shows gaming’s comeback is ahead of schedule,” said AGA President and CEO Bill Miller. “Throughout the COVID-19 pandemic, our industry has faced numerous challenges head-on while still reopening responsibly and providing a safe, exciting environment for customers.”
Slot GGR for the last quarter was $6.7bn, up 10.6% y-o-y and down 4% from Q1 2019. Table game GGR amounted to $1.62bn, down 12% y-o-y and lagging 22.7% from the same quarter two years prior.
Sports betting and iGaming expectedly produced the biggest increases.
Q1 2021 sports betting GGR was $961m, a 270% increase y-o-y and a 451% jump from Q1 2019. iGaming GGR exploded for $785m, up 239% y-o-y and an improvement of 645% from the same quarter two years prior.
AGA said that by the end of Q1, 454 (98%) of 464 commercial casinos were open.
“The gaming industry is generating these impressive results with one hand tied behind our back as capacity and amenity restrictions remain across the country,” said Miller. “This is a testament to gaming’s hard work to help ensure our team members’ safety and well-being, which enabled us to reopen safely. We applied those same standards to our customers, whose clear pent-up demand was met by our responsible industry.”
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