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U.S. professional gaming income topped $11 billion in Q1 2021

History March Gaming Profits Drives Industry’s Recovery

WASHINGTON – U.S. business gaming income topped $11 billion in Q1 2021, matching Q3 2019 as the industry’s greatest-grossing quarter at any time, according to the American Gaming Association’s (AGA) Business Gaming Profits Tracker. The income total marks a 4.1 per cent raise more than the industry’s pre-pandemic general performance in Q1 2019 and is a 17.7 % improve around Q1 2020, when the entire gaming business shut down in March owing to COVID-19.

Commercial gaming’s sturdy Q1 earnings quantities signify an accelerating restoration for the market, with Q1 2021 revenue up 21.1 per cent more than Q4 2020. Gains in gaming revenue were being mainly pushed by the industry’s effectiveness in March, the greatest-grossing income month in heritage for U.S. business gaming.

 

More than fifty percent of states with business casinos observed quarterly gaming income increases in excess of Q1 2019, with quite a few states reporting document quarters.

 

“Today’s report demonstrates gaming’s comeback is ahead of program,” stated AGA President and CEO Bill Miller. “Throughout the COVID-19 pandemic, our market has confronted numerous troubles head-on though however reopening responsibly and furnishing a safe and sound, fascinating environment for prospects.”

 

Despite significant COVID-mandated limits on on line casino capability and features throughout the state, traditional brick-and-mortar on line casino games produced 90 percent of their Q1 2019 revenue, with March 2021 income for slots and desk video games coming inside one particular percent of March 2019 totals.

 

Sports activities betting earnings for Q1 2021 saw a quarterly U.S. history of $961 million, up 270 percent around Q1 2020 and surpassing 2019’s whole-yr complete of $909 million. Boosted by the January launch of on line casinos in Michigan, iGaming generated $784 million nationwide in Q1 2021, extra than tripling U.S. iGaming revenue from Q1 2020. 

 

“The gaming field is generating these outstanding final results with one particular hand tied guiding our back as capacity and amenity restrictions continue to be throughout the region,” reported Miller. “This is a testament to gaming’s tough work to assist make sure our group members’ basic safety and nicely-staying, which enabled us to reopen safely. We applied those people exact same specifications to our consumers, whose clear pent-up demand was fulfilled by our responsible market.”

Track record

  • 30 states and the District of Columbia featured operational business gaming marketplaces in Q1 2021, together with casino gaming, sports betting and iGaming.
  • By the finish of Q1, 454 (97.8%) of 464 commercial casinos in the U.S. had been open. When some states experienced returned to entire capability, most U.S. casinos were being continue to working with ability limits ranging from 25-75%.
  • COVID-associated restrictions on on line casino capacity and facilities vary on a point out and local amount. AGA’s COVID-19 on line casino tracker is monitoring casino ability limits on a state-by-state foundation.

About the AGA 
The American Gaming Affiliation is the leading nationwide trade team representing the $261 billion U.S. on line casino marketplace, which supports 1.8 million careers nationwide. AGA customers include things like professional and tribal on line casino operators, suppliers and other entities affiliated with the gaming business. It is the mission of the AGA to achieve audio policies and regulations consistent with on line casino gaming’s modern attraction and large financial contributions.