Nationwide commercial gaming revenue reached a new record of $13.89 billion in Q3 2021, according to a Nov. 9 report from the American Gaming Association.
The new high marks the second consecutive quarter of record U.S. commercial gaming performance.
With $38.67 billion in revenue through the first nine months of the year, the industry has already passed revenue generated for the full year 2020 and is on pace to smash its annual record of $43.65 billion, set in 2019, according to the AGA.
“Two straight quarters of record gaming revenue is an incredible accomplishment in any context, let alone after the most challenging year in industry history,” AGA President and CEO Bill Miller said in a statement. “Our recovery is not a flash in the pan, but rather a sustained result of our leadership in responsible reopening, world-class entertainment offerings and widespread favorability.”
Traditional gaming continues to drive industry performance, according to the report, with slot and table game setting a new quarterly revenue record of $12.05 billion.After lagging in previous quarters, table game revenue beat its quarterly revenue record by more than 10 percent in Q3 2021.
Ten out of 25 states with commercial casinos saw quarterly revenue records, including the four highest-grossing commercial gaming states in 2019: Nevada, New Jersey, New York and Pennsylvania.
On the Las Vegas Strip, gaming revenue also hit an all-time high for the quarter of $2.06 billion.
Nationwide, numbers were bolstered by record iGaming revenue of $938.6 million. Meanwhile, sports betting revenue saw a quarterly low for 2021 of $886.5 million due to a limited end-of-summer sports calendar.Combined sports betting and iGaming revenue through the first nine months of the year sits at $5.36 billion, up more than 200 percent year-over-year.