The nationwide commerce group for the US on line casino business, the American Gaming Affiliation (AGA), launched its newest business gaming income report. AGA’s Business Gaming Income Tracker offered perception into the efficiency of operators and confirmed important development in income in October.
Business Gaming Income Will increase, a New Report Reveals
The general business gaming income in October hit $5.29 billion. This outcome, when in comparison with the identical interval in October 2021, marked a rise of 10.5%. What’s extra, the outcome from October marked the second-best gaming income outcome falling behind solely to the $5.35 billion document set in March this yr.
Moreover a year-over-year development, the business income outcome from October boosted the general outcomes for the entire yr. The truth is, AGA revealed that the whole business income within the final ten months hit $49.85 billion, representing a big enhance of 14.7% when in comparison with the corresponding interval in 2021.
An additional breakdown offered by the Affiliation reveals that slot GGR for the primary ten months this yr hit $28.6 billion, marking a rise of 5.8%, whereas desk video games GGR was up 16.5% to $8.3 billion. Then again, for the primary ten months this yr, iGaming income elevated by a stable 38.1% to $4.08 billion.
However with none doubt, the most important development this yr was when it comes to sports activities betting income. The AGA’s report reveals that for the primary ten months this yr, sports activities betting GGR hit $5.76 billion, marking a whopping 77.9% development when in comparison with the identical interval in 2021.
“As 2022 attracts to an in depth, the gaming business stays on observe for an additional record-setting yr. Over the primary ten months, business gaming income totaled $49.85 billion, 14.7 p.c forward of the identical 10-month interval in 2021,“
reads the American Gaming Affiliation’s newest report
Sports activities Betting Soars in October
Regardless of the continuing financial uncertainties and enhance in the price of dwelling, business gaming reported robust development for an additional month. In line with a breakdown offered by the AGA, business operators in October have seen a rise in all totally different working segments.
Most notably, sports activities betting income elevated by 77.7% in October to $804.7 million when in comparison with October final yr. Sturdy development was noticed in iGaming income which this October elevated by 26.8% to $453.1 million. Slot GGR and desk sport GGR elevated as nicely, hitting $2.91 billion and $846.9 million, up 2.4% and 1.9% respectively.
