AGA: Sports betting revenue up 73% as overall GGR hits record total
| By Zak Thomas-Akoo
The American Gaming Association (AGA) reported that the 2022 gross gaming revenue total hit a new all-time record, with sports betting growing 72.7% year-on-year.
US commercial gaming revenue – excluding revenue taken by tribal entities – reached $60.42bn in 2022, up significantly compared to 2021’s then-record of $53.0bn.
During the year, new records were also broken for both sports betting handle and revenue, which stood at $93.2bn and $7.5bn respectively.