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US gaming revenues up 21% versus 2019 to reach new record high in 2021: AGA

Newsdesk by Newsdesk
Wed 16 Feb 2022 at 05:01
Nevada’s 440 casinos closed as Governor issues unprecedented shut down of all non-essential businesses
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The American Gaming Association (AGA) has announced 2021 as the highest-grossing year ever for the US commercial gaming industry, with revenue climbing 21% over 2019 to US$53 billion according to the Association’s Commercial Gaming Revenue Tracker.

The 2021 figure included an all-time quarterly revenue record of US$14.31 billion in Q4, which surpassed the previous record of US$13.93 billion set just three months earlier in Q3.

“These results are nothing short of remarkable,” said AGA President and CEO Bill Miller. “The success of 2021 reflects our commitment to health and safety and how Americans have welcomed gaming’s expansion across the country. Today’s industry is effectively meeting customers how and where they want to engage, whether at a casino or through mobile gaming.” 

The US commercial gaming industry comprised 34 jurisdictions in 2021, up from 30 a year earlier, with 23 of those setting individual records for full-year commercial gaming revenue.

On a national level, every commercial gaming vertical set new annual revenue records, the AGA said, led by brick-and-mortar gaming. Combined slot and table gaming revenue reached US$44.94 billion in 2021, up 6.6% over 2019’s previous record.

Sports betting’s growth generated US$57.22 billion in handle and US$4.29 billion in revenue, up 165% and 177% respectively over 2020.

“Despite our record-setting year, gaming’s total recovery is still reliant on the full return of travel and large events, which requires a safe health environment and open economy,” Miller continued. “I’m optimistic that we will see continued growth throughout 2022.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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