Gaming

Quarterly Commercial Gaming Revenue sets records again

According to the Commercial Gaming revenue tracker of the American Gaming Association (AGA), the U S commercial gaming revenue has risen and created a quarterly record of $15.17 billion in Q3 2022. Consequently, this has broken its preceding record in Q2 2022, where the disclosed figure was $14.81 billion. All in all, as is obvious, there has been a 2% jump. On the whole and in terms of annual growth, land-based casino slot and table games grew by 1.8%, and the expectations are running hard and fast for online crypto casinos. 

The best sportsbooks are hurtling upwards constantly, with a new quarterly revenue record of $1.68 billion. According to Bill Miller, who happens to be the President and CEO of the American Gaming Association, despite the massive challenges and obstacles that are faced by all sorts of business houses, the redeeming factor remains that there is seemingly a continuous and consistent upward trend, in the case scenario of consumer demand that is, as a matter of fact rising with time. 

In his opinion, this is one of the prime reasons their industry gets an enormous boost. He believes that the future surely seems encouraging and secure for the entire gaming industry. This insight coincides with the fact that in the present scenario, amongst 33 commercially-based gaming states that were functional just a year back, there are 16 of them that lay the claim of having achieved quarterly increases, where the commercial gaming earnings, on the whole, are concerned. 

David Bright

David Bright joined Times of Casino as a news writer focused on the casino industry. He holds a bachelor degree in Economics and Accounting and currently contributing in-depth news articles. David writes on the casinos, gambling legislation, poker, and much more.

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