{"id":278,"date":"2024-06-28T15:36:57","date_gmt":"2024-06-28T12:36:57","guid":{"rendered":"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/"},"modified":"2024-06-28T15:36:57","modified_gmt":"2024-06-28T12:36:57","slug":"us-gaming-revenue-reaches-record-high-in-second-quarter","status":"publish","type":"post","link":"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/","title":{"rendered":"US Gaming Revenue Reaches Record High in Second Quarter"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/y6u-VXChw6Q\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The American Gaming Association (AGA) declared that U.S. commercial gaming income reached a record peak of $16.07 billion in the second quarter, marking the tenth consecutive quarter of expansion.<\/p>\n<p>Web-based gaming was the primary driver behind this surge, hitting a record $16.1 billion. This signifies an 8.1% leap compared to the total U.S. gaming income in the second quarter of 2022, making it the second-highest quarterly income in the industry&#8217;s history, only surpassed by the first quarter of this year.<\/p>\n<p>Overall, the U.S. gaming sector generated $32.71 billion in commercial gaming income in the first six months, an 11.9% increase from the preceding year.<\/p>\n<p>The AGA estimates that these results produced $7.28 billion in gaming tax revenue for state and local administrations, a 12.9% increase from 2022. The industry organization highlighted that the sector is on track to generate the highest total tax revenue ever.<\/p>\n<p>Bill Miller, president and chief executive officer of the AGA, stated, &#8220;While commercial gaming is poised to break revenue records for the third year in a row, we are even more enthusiastic about the lasting influence we are having on communities through this record growth.&#8221;<\/p>\n<p>Internet gaming led the expansion in U.S. gaming income during the second quarter. The AGA emphasized that land-based casinos continued to account for more than three-quarters of total commercial income during this period. <\/p>\n<p>Nevertheless, the expansion of internet sports wagering and digital gaming was the primary force behind this year&#8217;s earnings surpassing last year&#8217;s.<\/p>\n<p>During the second quarter, traditional slot machines, table games, and physical sports betting revenue reached $12.38 billion, a slight increase of 0.9% compared to 2022. In contrast, digital gaming revenue surged by 43.1% to $3.68 billion.<\/p>\n<p>The extension of online gambling regulations to new states was a significant catalyst. In the past year, Kansas, Maryland, Massachusetts, and Ohio have all introduced online gambling.<\/p>\n<p>The performance of online sports betting was less impressive than the first quarter due to a less active sports betting schedule.<br \/>\nTotal online and physical sports betting revenue reached $2.3 billion in the second quarter of 2023. This represents a substantial increase of 56.6% from the same period last year. However, revenue was lower than the previous quarter due to a less active sports betting schedule.<\/p>\n<p>Meanwhile, online casino revenue grew at a more moderate pace, increasing by 22.5% to a total of $1.48 billion.<\/p>\n<p>&#8220;These outcomes clearly demonstrate that our post-pandemic recovery is not a coincidence: the gaming industry continues to flourish, and when we prosper, our communities benefit,&#8221; Miller stated.<\/p>\n<p>&#8220;To maintain this positive trend, the AGA will continue to gather more supporters to combat the illicit market, strengthen responsible gaming practices, and create a business climate that enables our innovative industry to provide top-tier entertainment to adults nationwide.&#8221;<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American Gaming Association (AGA) declared that U.S. commercial gaming income reached a record peak of $16.07 billion in the second quarter, marking the tenth consecutive quarter of expansion. Web-based&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Gaming Revenue Hits Record High in Q2<\/title>\n<meta name=\"description\" content=\"Web-based gaming fuels record-breaking US gaming revenue in Q2, reaching $16.1 billion, marking the tenth consecutive quarter of growth.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"US Gaming Revenue Reaches Record High in Second Quarter\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Web-based gaming fuels record-breaking US gaming revenue in Q2, reaching $16.1 billion, marking the tenth consecutive quarter of growth.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T12:36:57+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/\",\"url\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/\",\"name\":\"US Gaming Revenue Hits Record High in Q2\",\"isPartOf\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\"},\"datePublished\":\"2024-06-28T12:36:57+00:00\",\"dateModified\":\"2024-06-28T12:36:57+00:00\",\"author\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Web-based gaming fuels record-breaking US gaming revenue in Q2, reaching $16.1 billion, marking the tenth consecutive quarter of growth.\",\"breadcrumb\":{\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/2024\/06\/28\/us-gaming-revenue-reaches-record-high-in-second-quarter\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/newnodepositcasinos.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US Gaming Revenue Reaches Record High in Second Quarter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newnodepositcasinos.icu\/#website\",\"url\":\"https:\/\/newnodepositcasinos.icu\/\",\"name\":\"Unlock the Doors to Casino Excitement | Licensed &amp; Secure\",\"description\":\"Immerse yourself in the thrilling world of online gambling through our regularly updated news, in-depth game reviews, and expert articles. 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