US commercial GGR for May up 6% annually, according to AGA tracker
Updated:2024-03-25 14:07    Views:113

The American Gaming Association (AGA) has posted May 2023’s commercial gaming revenue figures, showing that total gross gaming revenue (GGR) was up 6% annually.

Total GGR for May across the US stood at $5.49bn. Breaking that figure down, slot GGR for May 2023 totalled $2.98bn – 1% up from last year. However, the big rises came from sports betting and iGaming, with sports betting recording 42% growth, totalling $864.1m – and iGaming taking in $498.4m, representing a 22% annual rise.

The graph below shows US commercial gaming monthly revenue since January 2022, with online gaming coming to represent a larger total of the US gaming makeup as time goes by.

But it also shows that land-based gaming continues to hover around the 60% mark – meaning that online gaming had a bigger and bigger impact on the market as a whole in the last 18 months.

Furthermore, looking at the numbers from each state, the largest annual change comes from Virginia, which recorded a 133% annual rise – totalling $417.2m.

Massachusetts, the newest state to legalise and launch sports betting – both retail and online – recorded a 77% rise, driven by the aforementioned sports betting legalisation, totalling $160.8m.

On the subject of sports betting,Online Casino Games the graph below details the biggest sports betting states by revenue for May 2023. New York’s market is currently dominating the US, standing at $153m – only $46m less than the remaining markets outside of the top 10.

For the year so far, the US’s total GGR is up 12%, totalling $27.6bn. That figure is primarily composed of the $14.8bn made by slot GGR – up 5%; meanwhile, table games were up 2% at $4.11bn.

However, sports betting overtook table games’ value to the US’s total GGR, with sports betting now reaching $4.58bn – a huge 65% rise annually. Finally, iGaming GGR for the year so far reached $2.48bn, a 22% rise.

Meanwhile, for comparison, the National Indian Gaming Commission (NIGC) last week released its Fiscal Year 2022 gross gaming revenue figures for Tribal gaming, totalling $40.9bn.

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