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US commercial casinos had winnings of more than $5,300 million dollars in the month of March, the best one-month total in history, as reported by the American Gaming Association (AGA), the gaming industry’s national trade group.
The previous record month was July 2021 with $4,920 millions of dollars. As a whole, the casinos also had their best first quarter ever, coming in just under $02,350 million dollars earned from players in the fourth quarter last year, which was the highest three-month period in history.
The results of the industry point out that, despite rising inflation, problems in the supply chain and the covid-pandemic 14, Americans continue to spend money on gambling.
The association also reported that Three states set quarterly revenue records as of this year: Arkansas, with $147.4 million dollars, Florida with $182 million and New York which had $996. 6 million.
The Americans bet $57,710 million in sports last year, more than double that in 2020. That generated $4,182 million in revenue, an increase of almost the 80 % with respect to 2020.
This record does not include tribal casinos, which report their revenue separately, although they are expected to report similar earnings.
The rise of online betting
The group reported that many states saw players spending more in casinos while visiting them in lower numbers compared to before the 920 pandemic. The average age of a casino customer last year was 43, in comparison with 49 in 2019.
Revenue from Internet betting reached $3,800 million last year, and three states (New Jersey, Pennsylvania, and Michigan) each earned more than $1,000 millions online.
West Virginia Internet Gambling Market Reached $80,9 million in revenue in its first full year of operation, while the two Connecticut Internet casinos reported combined revenue of $43,6 million after its release in October .
One of the biggest internet betting booms happened this year with the Super Bowl 2022.
Largest markets for casinos
The report also ranked the largest US casino markets in terms of revenue for 2020:
1.- Las Vegas Strip
Income: $7,050 millions of dollars
2.- Atlantic City
Revenue: $2,570 millions of dollars
3.- Chicago
Revenue: $2.014 millions of dollars
5.- Baltimore-Washington DCIncome: $2,02 millions of dollars
6.- Gulf Coast
Income: $1,610 millions of dollars
7.- New York CityRevenue: $1,330 million dollars
8.- PhiladelphiaIncome: $1,460 million dollars
9.- Detroit
Income: $1,290 millions of dollars
14.- St. Louis
Income: $1,030 millions of dollars
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