The past month of April was the second highest-grossing month of all time for the US commercial gaming market, according to the American Gaming Association.
The group said that the first four months of 2022 performed much better than the same period a year ago, and April 2022 was the best April of all times.
The total gross gaming revenue (GGR) for April 2022 fell just short of $5 billion – a 12.4% increase year on year. These increases were expected, considering that last year, COVID-19 restrictions were in place in many US casinos.
April 2022’s GGR was also 6.8% lower than March 2022’s all-time record.
Key Points from AGA 2022 Report
- Slots contributed the most revenue towards the total GGR ($2.95 billion).
- Table games contributed $767.7 million, followed by sports betting at $497.5 million.
- Sports betting’s performance was especially noteworthy, with a 74.6% year on year growth.
- Online gambling also improved 38.8% to $416.4 million.
- 24 out of the 31 commercial land-casinos in the US posted revenue growth in April 2022.
- All states, with the exception of Kansas, Mississippi, South Dakota, and Washington DC casinos, posted better results year on year.
Looking at all these numbers, the American Gaming Association believes that 2022 will be a record-setting year, despite ongoing economic challenges.