The American Gaming Association (AGA) has released its 2024 commercial gaming revenue report, revealing another record-setting year for the U.S. gambling industry. Total revenue reached $71.92 billion, surpassing 2023’s previous record by 7.5%. This marks the fourth consecutive year of record-breaking growth for the industry. The final quarter of 2024 also set a new record for the highest single-quarter revenue in U.S. gaming history, with Q4 earnings hitting $18.62 billion. Q4 2024: A Historic Quarter for U.S. Gaming The final quarter of the year saw commercial gaming revenue reach an unprecedented $18.62 billion, with growth fueled primarily by: Traditional casino gaming, which generated $12.59 billion, up 2.3% year-on-year. Sports betting revenue, which climbed 7.3% to $3.66 billion as major sporting events boosted betting activity. iGaming revenue, which reached $2.38 billion, marking an impressive 33.1% year-over-year growth—the highest increase among all gaming sectors. Full-Year 2024: Key Revenue Drivers Throughout 2024, brick-and-mortar casinos remained the dominant force in the industry, generating $49.78… Read More
Category: News
Source: Casino News Daily
