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February delivered record revenues for US casino industry

February delivered record revenues for US casino industry

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The American Gaming Association (AGA) has reported that commercial casino revenues, both land-based and online, topped $4.39bn in the month of February this year, the highest-grossing February on record and even up 16% on February 2020, the last complete pre-pandemic month of casino operations.

The $4.39bn figure combines gaming revenue from land-based casino games, sports betting and iGaming, with retail and online/mobile sportsbooks in 26 states generating $324.6m, up 40.3% from 2021 when commercial sports betting was live in 20 states. Revenue from iGaming – as in online casino gambling – in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West Virginia was a combined $373.4m in February, up 46.1% year-on-year.

“February revenue was driven by the continued growth of slot revenue and sustained strength of sports betting and iGaming,” commented an AGA spokesperson.