2024 United States Commercial Gaming Revenue Reaches $71.9B, Marking Fourth-Straight Year of Record Revenue
U.S. commercial gaming revenue reached an annual record of $71.92 billion in 2024, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total surpasses 2023’s previous high of $66.5 billion by 7.5 percent, marking the industry’s fourth-straight record revenue year. The year was punctuated by an all-time single quarter record revenue of $18.62 billion in Q4 2024. “In 2024, Americans embraced the...
New Jersey Sports Betting and iGaming Set All-Time Records in 2024
New Jersey’s gambling sector set several all-time records in 2024, reporting total revenues of $6.30 billion — a 9% increase from the previous record of $5.78 billion set in 2023. December Totals According to the NJDGE’s monthly release: Casino Win: Casino revenues for December 2024 were $231.8 million, reflecting a slight decrease of 0.3% compared to the same month in 2023. Internet Gaming Win: Internet gaming revenue saw significant...
US iGaming Market’s Scorching-Hot Summer Continues Through August
In August, US online casinos and poker rooms maintained the same exceptional performance they achieved in July. The annual growth rate remained almost unchanged at 32.5%, a level not previously seen since 2022. The industry’s growth was at its highest in 2020 and 2021, thanks to a combination of new markets opening and the consequences of COVID-19. The pandemic shuttered the nation’s retail casinos in spring 2020, with many closing...
New Jersey: Oldest horse racing track in U.S. is closing in 2024 December 28
Freehold Raceway, the oldest horse racing track in the United States, is shutting down at the end of the year. Track officials made the announcement on Thursday after a meeting with employees. Horse racing has been conducted at the half-mile track in central New Jersey since the 1830s. Harness racing become the staple when The Monmouth County Agricultural Society was formed late 1853, and it held harness racing the following year at...
New Jersey casino, sports bet revenues hit high of $5.8B, but most casinos trail pre-COVID levels
New Jersey’s casino and sports betting operators and their online partners won nearly $5.8 billion in 2023, setting a new record, figures released recently show. That’s up nearly 11% from a year earlier. But the news was not as encouraging for Atlantic City’s nine casinos, two-thirds of which are still winning less money from in-person gamblers than they did before the COVID-19 pandemic. The numbers released by the...
