{"id":8244,"date":"2024-11-22T05:23:46","date_gmt":"2024-11-22T05:23:46","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/11\/22\/us-commercial-gaming-revenue-hits-record-high-in-q3-2024\/"},"modified":"2024-11-22T05:23:46","modified_gmt":"2024-11-22T05:23:46","slug":"us-commercial-gaming-revenue-hits-record-high-in-q3-2024","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/11\/22\/us-commercial-gaming-revenue-hits-record-high-in-q3-2024\/","title":{"rendered":"US Commercial Gaming Revenue Hits Record High in Q3 2024"},"content":{"rendered":"<div>\n<p>The US commercial gaming industry has marked a significant milestone in Q3 2024, with total revenue reaching a record $17.71 billion. This represents an 8.1% year-on-year growth, extending the industry\u2019s streak to 15 consecutive quarters of rising revenue. According to the American Gaming Association (AGA), this is the highest Q3 revenue ever recorded.<\/p>\n<p>While traditional casino gaming still contributes the largest share of revenue, bringing in $12.38 billion, it saw a slight dip of 0.9% compared to last year. On the other hand, sports betting has emerged as a major growth driver. Gross Gaming Revenue (GGR) from sports betting surged by 42.4%, totaling $3.24 billion. Meanwhile, iGaming also performed strongly, with a 30.3% increase in GGR, reaching $2.08 billion.<\/p>\n<h2><strong>Growth Despite Challenges<\/strong><\/h2>\n<p>Although six states, including New Mexico, Florida, and Nevada, saw declines in gaming revenue, the overall performance remained robust. Notably, 29 out of 35 commercial gaming jurisdictions recorded growth, with the District of Columbia seeing an extraordinary 426.7% increase.<\/p>\n<p>David Forman, Vice President of Research at AGA, commented,<em> \u201cQ3 2024 continued gaming\u2019s momentum from the first half of the year, with online casino and sports betting driving strong growth.\u201d<\/em> He added that new brick-and-mortar casinos have also contributed to traditional gaming\u2019s stability. <em>\u201cMore than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states,\u201d<\/em> Forman emphasized.<\/p>\n<p>This growth underscores the expanding role of digital platforms in the industry, with online gaming becoming an increasingly critical revenue stream.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/us-commercial-gaming-revenue-hits-record-high-in-q3-2024\/\">US Commercial Gaming Revenue Hits Record High in Q3 2024<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US commercial gaming industry has marked a significant milestone in Q3 2024, with total revenue reaching a record $17.71 billion. This represents an 8.1% year-on-year growth, extending the industry\u2019s streak to 15 consecutive quarters of rising revenue. According to the American Gaming Association (AGA), this is the highest Q3 revenue ever recorded. While traditional [&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-8244","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8244"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8244\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}