US Q2 Gaming Revenue Reaches a Record Figure of $17.6 Billion

Quarterly Revenue

Let us see the differences in figures by niche:

1. Ground gambling. The vertical, comprising slots, table entertainment and offline betting, generated $12.57 billion, 1.6% up from the same interval last year.
2. iGaming. Online activities expanded 32.5% YoY to $5.04 billion, driven mainly by digital sportsbooks. Web casinos accounted for 28.6% of the commercial gain.

Overall, 24 of 33 jurisdictions with complete data available that operated in 2023 demonstrated growing profits from the past year.

Annual Figures

The land-based casino gaming segment expanded by 1.8% in Q2. Slots and tables delivered $12.49 billion. Although the beginning of the quarter was somewhat sluggish, the vertical grew YoY in 2/3 months: May and June showed impressive results.

Distribution by niche:

• slot machines — $9.06 billion (up 1.9%);
• table games — $2.52 billion (+2.5% YoY).

Generally, 12 of 27 states expanded their activities in the ground sector by 9.7% on average. All 3 leading territories in this regard benefited from opening new facilities.

The best-performing areas were:

1. Virginia (about 37% up).
2. Nebraska (31%).
3. Illinois (12%).

Sports betting results uplifted by 35.3% to $3.16 billion, setting a new Q2 record. Since spring 2023, 4 new market launches contributed to a solid commercial wagering handle, accounting for $31.75 billion. The outcome increased by 32.8% YoY.

iGaming generated $1.97 billion across 7 states, which is 25.2% more than in Q2 2023. The 6 markets that operated last year saw substantial growth of 20–39%. However, Delaware was the leader with a whopping 264% uplift. This impressive jump was powered by the local lottery’s partnership with RSI.

Compared to Q1, iGaming finances enlarged in:

• Delaware;
• New Jersey;
• West Virginia;
• Rhode Island.

From the beginning of the year to the end of June, online gambling delivered $3.95 billion, 25.6% growth over the same period in 2023.

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