Gambling in the USA
AGA: Q2 Commercial Gaming Revenue Smashes All-time Record, Hits $13.6B
Surging Brick-and-mortar Revenue Strengthens Industry’s Recovery
U.S. commercial gaming revenue reached $13.6 billion in Q2 2021, marking a new industry record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total bested the previous record—$11.1 billion set in Q3 2019 and matched in Q1 2021—by more than 22 percent.
With nearly $24.8 billion generated to date, 2021 is close to surpassing 2020 full-year revenue ($30 billion) and on track to overtake 2019 ($43.6 billion) as the highest-grossing year ever for commercial gaming revenue.
“These first half results are truly remarkable. It is even more impressive when you consider commercial gaming revenue was at its lowest point ever just a year ago,” said AGA President and CEO Bill Miller. “This is a testament to our resilience and commitment to providing customers safe environments and world-class entertainment experiences.”
At the state level, 22 out of 25 commercial casino states saw quarterly gaming revenue increases in Q2 2021 compared to the second quarter of 2019. The majority (19 of 25) of commercial casino states outperformed their first half of 2019.
While growth in sports betting and iGaming buoyed the gaming industry over the last year, record brick-and-mortar casino revenue—up nearly 10 percent from its previous high in Q3 2019 to $11.8 billion—is now strengthening the industry’s record-setting recovery. This is a result of easing capacity and amenity restrictions, coupled with continued consumer demand. While three-quarters of commercial casinos began Q2 capped at 50 percent capacity or less, nearly every commercial casino had returned to full capacity by the end of June.
Sports betting revenue declined 8 percent from the previous quarter to $889 million due to a quieter sports calendar. Despite this, the first half of 2021 has already generated more sports betting revenue ($1.8 billion) than all of 2020 ($1.5 billion).
iGaming revenue also had a strong second quarter, achieving a new quarterly revenue record of $901 million, up 15 percent from the first quarter of 2021.
“The past 18 months have proven that this industry can persevere through hard times while remaining dedicated to our customers and communities,” said Miller. “COVID-19 is not yet in the rearview mirror, but I’m confident the record first half of 2021 has laid a strong foundation for the industry’s full recovery.”
Background
- 30 states and the District of Columbia featured operational commercial gaming markets in Q2 2021, including casino gaming, sports betting, and iGaming.
- COVID-related restrictions on casino capacity and amenities vary on a state and local level. AGA’s COVID-19 casino tracker provides casino capacity restrictions on a state-by-state basis.
- AGA’s Commercial Gaming Revenue Tracker provides state-by-state and cumulative insight into the U.S. commercial gaming industry’s financial performance based on state revenue reports. This issue highlights second quarter results, ending June 30, 2021.
Revo Casino and Social House in Conway, New Hampshire, has held its grand opening on Tuesday.
The Conway property is the latest addition to Revo’s growing presence in New Hampshire, joining locations in Dover, Lebanon, Manchester, and Keene.
Revo Casino and Social House’s new amenities include:
• Rebels: A bold dining experience with a full bar and great game-day energy. Revo’s signature restaurant serves up flavorful dishes like the Rebel Smash Burger, flatbread pizzas, and prime rib, making it the perfect spot to eat, drink and enjoy the action.
• Rebel Stage: Featuring live music every weekend.
• Revo Studio powered by iHeartMedia: An in-house broadcast center featuring live iHeart broadcasts. The studio also drives the Soundtrack of the Revolution, a curated music selection that sets the energy and vibe of the property.
Gaming Highlights: 75 thrilling casino machines, including Ultimate Fire Link Explosion, Huff N Even More Puff, and Devil’s Lock. Table games, including blackjack, roulette, and poker tables.
Speakers and guests at the event included Revo President Aaron Gomes, Executive Director of Mount Washington Valley Promotions Lisa DuFault, and the Mount Washington Valley Chamber of Commerce.
“It’s exciting to open Revo Casino and Social House and see the community’s enthusiasm for our gaming, entertainment and dining options. Beyond entertainment, Revo Casino and Social House will also support nonprofits across the Mount Washington Valley. We’re proud to be part of this community and contribute to its success,” said Gomes.
“This facility will make such an incredible difference for so many nonprofits in the Mount Washington Valley. The support that Revo Casino and Social House provides allows organizations like ours to better serve our communities and care for those in need. The impact is truly life changing,” said Lisa DuFault, Executive Director of Mount Washington Valley Promotions.
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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