AGA commercial gaming revenue tracker posts $5.49bn for May

July 25, 2023
By
Leer en Español

Online sports betting and iGaming both rise at least 20%, while land-based gaming has decreased 0.6% from 2022.

The American Gaming Association (AGA) has released its commercial gaming revenue tracker with data up to May 2023, showing a 27th consecutive month of national, yearly growth. The report showed total gross gaming revenue (GGR) of $5.49bn for the month, and includes both individual states’ and cumulative results.

The industry has generated a total of $27.59bn in GGR from January to May 2023, which is an increase of 12.4% compared to the first five months of the previous year. The AGA states in the report that such annual comparisons are “no longer impacted by past Covid-19 concerns.”

IGaming was responsible for $497.4m in May, which is up 22.4% year-on-year. Its year-to-date revenue is $2.48bn, with Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West Virginia currently operating as the six legal iGaming markets.

Online gaming revenue also rose 43.4% from the previous year, buoyed by online sports betting launching in four new states this year: Kansas, Maryland, Massachusetts and Ohio.

Conversely, land-based gaming, including slots, table games and retail sports betting has experienced a decrease of 0.6% from 2022’s figures. Out of 33 operational commercial gaming jurisdictions, 24 states posted an annual revenue gain in the month of May. Nine states that experienced a decline did so due to a reduction in the traditional, land-based casino activity, while three experienced lower sports betting revenue.

Slot machines and table games have still reached a combined year-to-date revenue of $20.5bn, an increase of 4.1% on 2022’s. By state, 19 out of the 25 commercial gaming states that offered these traditional casino games in 2022 experienced growth this year.

State-by-State

Product Spotlight

Konami

Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

Five years ago, before the mass proliferation of social media we see today – and even before the Covid-19 pandemic – I think you would be hard pressed to find a CEO talking about “Instagrammable moments.” KPIs w...

gga
The Global Gaming Awards: Looking ahead to 2024's ceremonies.
After more than a decade of celebrating gaming's best, Gaming America looks ahead to a bright 2024 for the Global Gaming Awards in the Americas and Asia-Pacific.
GA
From the top: The Indian Gaming Tradeshow & Convention
Tribal gaming is a uniquely American institution and all its uncommon attributes were on display this April at the Indian Gaming Tradeshow & Convention in Anaheim, California.
terre
Review: Terre Haute Casino Resort and Harrah's Hoosier Park Racing & Casino
Terre Haute Casino Resort vs. Harrah's Hoosier Park Racing & Casino, Gaming America's Laura Mack reviews each property.
andrew
Eureka Casino interview: CEO Andre Carrier on resort expansion
We spoke with returning guest, CEO Andre Carrier, about Eureka Casino Resort's expansion. He aims to not only change the look and feel of the casino, but to also build residential housing around it.