GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Starting Strong

The latest data from the American Gaming Association (AGA) indicates the gaming industry’s strong start to 2023 is continuing. According to the AGA’s Commercial Gaming Revenue Tracker, nationwide gaming industry win from traditional casino games, sports betting and iGaming reached $5.12 billion in February 2023. This represents the highest February revenue number in history and a 14.5 percent year-over-year increase. It also marks 24 consecutive months of growth and the sixth month in a row with gaming revenue of more than $5 billion.

Gaming revenue grew year-over-year across all verticals in February, though at a slower pace than in January. Land-based casino revenue from slot machines and table games totaled $3.97 billion, sports betting produced $678.7 million, and iGaming produced monthly revenue of $465 million.

Driven largely by the seasonal decline in sports betting revenue, in-person gaming revenue made up a larger share of overall revenue in February (78.5 percent) than it has since last August, prior to the start of football season.

At the state level, 29 of 33 commercial gaming jurisdictions that were operational one year ago and had reported at the time of writing posted year-over-year revenue growth in February. Several of the states that saw revenue declines in February were smaller, idiosyncratic sports betting markets, including Montana (-20.6 percent) and Delaware (-1.7 percent). However, South Dakota (-3 percent) and Louisiana (-3.5 percent) also saw year-over-year revenue fall from last year.


    Recent Feature Articles

  • Your Friend, Everi

    The supplier’s quest to raise all tides and all boats.

  • Gambling on the Mediterranean

    There are more gaming options in the region than expected, but things are about to change with massive projects planned for Greece and the Emirates

  • Threat or Opportunity?

    Gaming in the metaverse will look different than today’s gaming, but will it add value to the existing gaming companies, attract more players and pass regulatory scrutiny?

  • A Force in Sports Betting

    The third annual Bet Bash was designed by founder Gadoon “Spanky” Kyrollos to make gamblers better at wagering on sports

  • Problem Gambling Treatments Gain Ground

    Problem gambling wasn’t classified as a psychiatric disorder until 1980, but treatments are evolving and becoming more effective