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2022 US Industrial Gaming Income Hits Report $60bn

Man with hands behind his head looking at an increasing chart

Industrial gaming income within the US reached a record-breaking $60.4bn in 2022. [Image: Shutterstock.com]

A record-breaking yr

US business gaming income reached $60.4bn in 2022, setting a brand new annual document for the second consecutive yr. The American Gaming Affiliation (AGA) launched a full breakdown of final yr’s business gaming outcomes on Wednesday.

This autumn income reached an all-time quarterly document

It’s the first ever time that business gross gaming income (GGR) has handed the $60bn mark, with the earlier document of $53bn set in 2021. A powerful near 2022 helped the sector hit new highs as This autumn income reached an all-time quarterly document of $16bn.

Round 34% of American adults visited a on line casino sooner or later all through 2022, in keeping with the AGA.

Taking a more in-depth look

Breaking down the $60.4bn in complete income, over $34bn got here from slots, whereas $10bn was generated by means of desk video games. Sports activities betting GGR was up nearly 73% for the yr, reaching $7.5bn. iGaming GGR reached $5bn. 

When it comes to retail versus on-line gaming, the retail sector accounted for over 80% of the entire GGR final yr. Based on the AGA press launch, about 84 million American adults paid a go to to a on line casino sooner or later in 2022. 

The sturdy enhance in sports activities betting GGR was aided by the launches of sportsbooks in Kansas, New York, Maryland, and Louisiana. Authorized sports activities betting is now up and operating in 33 states and Washington DC. Whereas no new iGaming markets launched through the interval, GGR for the sector nonetheless grew 35%. 

Optimistic for 2023

AGA CEO and president Invoice Miller commented on the outcomes, affirming that the trade considerably surpassed expectations in 2022. Miller stated: “Merely put, American adults are selecting on line casino gaming for leisure in document numbers, benefitting communities, and taking market share from the predatory, unlawful market.”

proceed battling in opposition to the unlawful playing market

The AGA is optimistic that the market can preserve its development in 2023. Miller stated the trade physique will proceed battling in opposition to the unlawful playing market, whereas additionally specializing in enhancing duty within the sector and serving to create favorable regulatory and coverage situations throughout the nation.

The AGA’s figures don’t embody outcomes from tribal casinos. The Nationwide Indian Gaming Fee is in command of releasing the info for these venues.