Following an exceptional Q1 which saw more than 16 percent annual growth in gaming revenues, U.S. commercial gaming revenue growth slowed significantly in the second quarter. Despite the decelerating rate of growth, nationwide gaming revenue nevertheless expanded by 8.1 percent year over year in Q2, surpassing $16 billion for a consecutive second quarter.
Data compiled by the American Gaming Association shows that revenue from commercial gaming, encompassing traditional casino games, sports betting and iGaming, reached $16.07 billion, marking the industry’s second highest-grossing quarter ever and the tenth consecutive quarter of annual growth.
After the highest grossing first half of a year in its history, the commercial gaming sector is in a strong position for another record-setting year, despite increasingly difficult annual comparisons in the second half. Through June, gaming revenue was pacing 11.9 percent ahead of the same period in 2022, totaling $32.71 billion.