According to the American Gaming Association, commercial gaming income in the United States increased by 25.1 percent to $4.39 billion in April because to higher immunisation rates, an overall favourable trend in consumer spending, and continued strength in the sports betting and igaming verticals.
The company reports that the performance was the second highest grossing gaming income month ever, falling just two percent short of March’s $4.8 billion due to a 31.7 percent reduction in sports betting receipts, according to the results of its monthly Commercial Gaming Revenue Tracker.
During the month, total igaming revenue in the United States hit $299.9 million, a 142.1 percent increase year over year but the first month-on-month fall (-3.6 percent) since November 2020.
Commercial sports betting income in April, which ended March Madness in its early stages, fell 31.7 percent month over month to $240.3 million.
In April, combined revenue from the two activities amounted for more than 12.5 percent of all commercial gaming revenue in the United States, down somewhat from 14.8 percent in March but still much higher than pre-pandemic levels.
Less operating limitations
April’s expansion is claimed to have been aided by less operating limitations, with eight of the 25 traditional casino states permitting establishments to operate at full capacity.
Around 80 percent of America’s 463 commercial casino establishments remained at 25 percent (New York) to 75 percent full occupancy, with persisting restrictions on game capacity and other amenities.
Traditional gaming revenue (slots and table games) was $3.79 billion in April, up 0.9 percent from the previous month and barely 1.7 percent short of a new high.
In April, casino slot machine revenue reached an all-time high of $2.88 billion, while table game income has nearly recovered to pre-pandemic levels ($622.7 million).
Only Illinois, Maine, Rhode Island, and West Virginia, four of the 25 commercial gaming jurisdictions that were operational two years ago, saw overall April gaming income decline compared to 2019. However, if sports betting data is available later this month, the former is projected to show positive increase.