The American Gaming Association (AGA) has released its commercial revenue tracker for July, posting revenue of $5.39bn for the month with a 5.9% increase year-on-year. The AGA called this particular July the best the US industry has had so far, and noted that revenue increased in all gaming verticals.
Between January and July this year, the commercial gaming industry has made $37.91bn, which also represents an 11% increase from 2022’s record figure during this time. Out of 31 states with operational gaming data available for both July 2022 and July 2023, 21 states experienced an increase in revenue. Nevada, New Jersey and Pennsylvania were the top three revenue-generating states.
Traditional casino games brought in $4.4bn in July across the states, which is a new all-time monthly record. Slots made up $3.13bn, while table games made up $973.6m of that total.
Between January and July, traditional casino game revenue reached $28.97bn, a 3.6% increase from the same period in 2022. This could put land-based casinos in line for a third record-breaking year in a row.
Sports betting generated $497.7m in the 27 operational markets, showing growth of 28.4% from the previous July, during which there were 25 states launched and operational. Legal and live in six states, iGaming brought in $481.5m, a growth of 22.7% from July 2022; no new states have launched during this time, though Rhode Island has legalized.
