Crypto Assets

AGA reports record 2021 for US casinos

AGA reports record 2021 for US casinos

Facebook
Twitter
LinkedIn
Email

The American Gaming Association has announced that 2021 has seen US casinos break all records for most money won in a single year at $44.15bn. This figure surpasses the previous figure, set for 2019, of $43.65 bn, and does not yet include the December numbers.

Bricks-and-mortar gaming still drives the business in the US, with October’s activity generating $3.97bn, an increase of 16% on October 2019’s pre-pandemic total. Americans wagered a record $7.05bn on sports in October, unsurprisingly a record as more jurisdictions come online, bringing the year-to-date total amount bet to $42.19bn.

Online gambling generated $357m in October revenue, up 129% from October 2020, again largely to be expected as more States open up to online gaming and sports betting. The US industry has now passed $4bn in monthly gambling revenue for eight consecutive months, never having sone so in a single month prior to 2021.