{"id":11372,"date":"2026-10-23T22:27:16","date_gmt":"2026-10-23T22:27:16","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/23\/us-sports-betting-revenue-falls-15-6-as-lower-hold-hits-august-results\/"},"modified":"2026-10-23T22:27:16","modified_gmt":"2026-10-23T22:27:16","slug":"us-sports-betting-revenue-falls-15-6-as-lower-hold-hits-august-results","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/23\/us-sports-betting-revenue-falls-15-6-as-lower-hold-hits-august-results\/","title":{"rendered":"US Sports Betting Revenue Falls 15.6% As Lower Hold Hits August Results"},"content":{"rendered":"<div>\n<p>US commercial gaming revenue slipped 0.6% to $6.48 billion in August 2026, according to the American Gaming Association. Casino growth could not offset a sharp decline in sportsbook revenue.<\/p>\n<hr>\n<p><strong>Good To Know<\/strong><\/p>\n<ul>\n<li>Sports betting revenue fell to $1 billion despite only a small decline in wagers.<\/li>\n<li>Online casino revenue grew 12.3% to $1.03 billion.<\/li>\n<li>State gaming tax collections dropped 1.5% to $1.46 billion.<\/li>\n<\/ul>\n<hr>\n<h2><strong>Sportsbooks Keep Less From Almost The Same Betting Volume<\/strong><\/h2>\n<p>The gap between betting activity and sportsbook revenue explains much of the weaker month. Customers wagered $10.89 billion, down just 0.7%, but operators retained 9.2% of wagers compared with 10.8% a year earlier.<\/p>\n<p>That lower hold rate helped drive the 15.6% revenue decline. It also shows why falling sportsbook revenue does not necessarily mean a similar reduction in customer spending.<\/p>\n<p>Meanwhile, traditional casinos generated $4.44 billion, up 0.9%. Slots contributed $3.25 billion, a 1% increase, while table games grew 2.1% to $885.91 million. The AGA partly credited the Resorts World New York City expansion for stronger table game results.<\/p>\n<p>Online casinos also grew, although the association said iGaming growth continues to slow without new state launches.<\/p>\n<p>The AGA linked weaker betting handle to prediction market competition and a later college football start. Outside June and July, when the World Cup supported activity, monthly handle has fallen year on year since December 2025.<\/p>\n<p>State sports betting tax receipts declined 14%. Separately, the AGA estimates that prediction market sports contracts have displaced $1.56 billion in potential state gaming taxes since early 2025. That is an estimate of forgone collections, rather than an assessed unpaid tax bill.<\/p>\n<p>The association also argues that skill machines and sweepstakes casinos reduce potential gaming tax collections, affecting funding for pensions and responsible gaming programmes.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/us-sports-betting-revenue-falls-15-6-as-lower-hold-hits-august-results\/\">US Sports Betting Revenue Falls 15.6% As Lower Hold Hits August Results<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US commercial gaming revenue slipped 0.6% to $6.48 billion in August 2026, according to the American Gaming Association. Casino growth could not offset a sharp decline in sportsbook revenue. Good To Know Sports betting revenue fell to $1 billion despite only a small decline in wagers. Online casino revenue grew 12.3% to $1.03 billion. State [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-11372","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"US commercial gaming revenue slipped 0.6% to $6.48 billion in August 2026, according to the American Gaming Association. Casino growth could not offset a sharp decline in sportsbook revenue. Good To Know Sports betting revenue fell to $1 billion despite only a small decline in wagers. Online casino revenue grew 12.3% to $1.03 billion. 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Casino growth could not offset a sharp decline in sportsbook revenue. Good To Know Sports betting revenue fell to $1 billion despite only a small decline in wagers. Online casino revenue grew 12.3% to $1.03 billion. State","og:url":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/23\/us-sports-betting-revenue-falls-15-6-as-lower-hold-hits-august-results\/","article:published_time":"2026-10-23T22:27:16+00:00","article:modified_time":"2026-10-23T22:27:16+00:00","twitter:card":"summary","twitter:title":"US Sports Betting Revenue Falls 15.6% As Lower Hold Hits August Results - Best Online Casinos","twitter:description":"US commercial gaming revenue slipped 0.6% to $6.48 billion in August 2026, according to the American Gaming Association. Casino growth could not offset a sharp decline in sportsbook revenue. Good To Know Sports betting revenue fell to $1 billion despite only a small decline in wagers. Online casino revenue grew 12.3% to $1.03 billion. 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