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AGA Says US Gaming on Monitor for Report 12 months

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AGA Says US Gaming on Monitor for Report 12 months

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The US gaming business is experiencing a three-year run of “unprecedented” progress that doesn’t appear to be in peril of slowing down anytime quickly. That’s the excellent news from the American Gaming Affiliation’s (AGA) Industrial Gaming Income Tracker.

In keeping with the AGA, the US industrial gaming business pulled in $16.07 billion over the course of Q2 2023. That’s up an astonishing 8.1 p.c from Q2 2023 and marks the tenth straight quarter of progress for American gaming pursuits.

As a result of nobody ever tires of listening to excellent news, the AGA’s most up-to-date press launch additionally factors out the truth that Q2 2023 was the second highest grossing quarter the enterprise has ever seen – topped solely by Q1 2023. Suffice to say, the $32.71 billion earned in H1 2023 was the best incomes six months in US gaming historical past.

“Whereas industrial gaming is on monitor for an unprecedented third consecutive 12 months of document income, the lasting affect we’re making on our communities by way of this document progress is much more spectacular,” AGA President and CEO Invoice Miller stated in a latest press launch.

By “lasting affect” on communities, Miller means tax revenues, and it’s positively a giant quantity. Over the course of the primary six months of the 12 months, industrial gaming has generated $7.6 billion in tax income on the state and native stage. That’s up 12 p.c from the primary six months of 2022.

Miller additionally made it clear that US gaming’s sizzling run isn’t any accident. “These outcomes are a transparent indication that our post-pandemic restoration wasn’t a fluke: the gaming sector continues to thrive, and after we do properly, our communities do properly. To maintain this momentum, the AGA will proceed enlisting extra allies in our struggle in opposition to the unlawful market, bolstering accountable gaming, and constructing a enterprise surroundings that enables our modern business to deliver world-class leisure to adults throughout America.”

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