The American Gaming Association (AGA) has released its Commercial Gaming Revenue Tracker for the month of April. Industry revenue grew 7.8% when compared to April last year and reached gross gaming revenue (GGR) of $5.41bn.
For 26 consecutive months, the gaming industry has seen year-on-year growth, including surpassing the $5bn revenue mark for the 8th month in a row.
April’s GGR can be broken down to show slots leading the way with $2.99bn of that total, while table games brought in $775m, sports betting generated $820.4m and iGaming brought in $504.3m.
All segments experienced an increase year-on-year, other than table games, which only dropped by 1%.
Only 7 out of 33 states reported a decline in April revenue. Stalled interest in traditional, land-based gaming hurt Florida, Iowa, Indiana, Louisiana, Maine, Missouri and Oklahoma.
During the period between January and April 2023, all segments experienced a growth of at least 3.8%. Sports betting has seen the largest increase overall, with 69.1% higher annual GGR of $3.67bn. The total GGR for this period was $22.06bn, up 13.8% from April 2022.
Kansas, Maryland, Massachusetts and Ohio all legalized sports betting within the last 12 months, adding to its overall growth. iGaming has also shown growth within the six states where it is currently legal: New Jersey, West Virginia, Michigan, Delaware, Pennsylvania and Connecticut.
Ohio and Massachusetts were part of the top five highest-grossing sports betting states, even though their markets are relatively new. New York brought in the most sports betting revenue at $139m, followed by Illinois, New Jersey, Ohio, Massachusetts and Pennsylvania.
