Home > Finance > US gambling revenue reaches record-equalling $11bn in Q1

US gambling revenue reaches record-equalling $11bn in Q1

| By Nosa Omoigui
US commercial gambling revenue reached $11bn for the first quarter of 2021, making it the industry’s joint highest-grossing quarter ever, according to statistics released by the American Gaming Association (AGA).
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Matching the revenue grossed from Q3 2019, this quarter marks a 17.7% increase on Q1 2020, in which the novel coronavirus (Covid-19) pandemic brought the industry to a standstill, or a 4.1% increase on Q1 2019’s pre-pandemic performance.

Increases in gaming revenue were largely due to the industry’s performance in March – the highest-grossing month in history for US commercial gaming.

Read the full story on iGB North America.

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