Statistics provided by the American Gaming Association (AGA) show that commercial gaming revenue across the United States totaled $17.62 billion for the second quarter of 2024, which the AGA said “marked the industry’s 14th consecutive quarter of annual revenue growth and its highest-grossing Q2 performance on record.”
“Across the country, 24 jurisdictions saw year-over-year revenue growth in Q2 2024, and nationwide commercial gaming revenue resulted in $3.73 billion in state taxes generated directly from gaming,” according to an AGA press release detailing the statistics.
“Both land-based (including brick-and-mortar sports books) and online gaming saw annual growth for the quarter. Year-over-year, the pace of land-based growth accelerated slightly and while the pace of online growth improved compared to Q1, it slowed significantly from nearly 44 percent in Q2 2023 to 32.5 percent in Q2 2024. Overall, land-based gaming accounted for 71.4 percent of total revenue while online gaming represented the remaining 28.6 percent.”
Among 33 operational commercial gaming jurisdictions that had complete data available through June and operations, 24 increased second-quarter revenue compared to 2023.
Oklahoma (-8.2%) saw the largest contraction in Q2, driven by the closure of storm-damaged Will Rogers Downs in June, while other markets with Q2 revenue declines were sports betting only New Hampshire (-5.3%), as well as New Mexico (-4.6%), Mississippi (-2.3%), Massachusetts (-2.7%), Missouri (-1.9%), Rhode Island (-0.8%), Florida (-0.6%) and Iowa (-0.1%).
Q2 2024 COMMERCIAL GAMING REVENUE BY STATE
| STATE | Q2 2024 ($M) | ANNUAL CHANGE |
| Arizona | N/A | N/A |
| Arkansas | $188.7 | 11.4% |
| Colorado | $388.3 | 11.2% |
| Connecticut | $177.5 | 33.3% |
| Delaware | $135.8 | 5.2% |
| District of Columbia | $10.9 | 178.7% |
| Florida | $174.5 | -0.6% |
| Illinois | $706.6 | 16.7% |
| Indiana | $717.0 | 5.3% |
| Iowa | $479.0 | -0.1% |
| Kansas | $153.6 | 11.7% |
| Kentucky | $60.7 | – |
| Louisiana | $687.8 | 3.2% |
| Maine | $51.7 | 20.6% |
| Maryland | $640.4 | 4.4% |
| Massachusetts | $443.4 | -2.7% |
| Michigan | $1,016.5 | 17.2% |
| Mississippi | $603.7 | -2.3% |
| Missouri | $473.7 | -1.9% |
| Montana | $1.7 | 5.6% |
| Nebraska | $27.4 | 35.7% |
| Nevada | $3,847.3 | 4.1% |
| New Hampshire | $17.1 | -5.3% |
| New Jersey | $1,511.9 | 8.7% |
| New Mexico | $65.9 | -4.6% |
| New York | $1,313.5 | 13.1% |
| North Carolina | $208.6 | – |
| Ohio | $792.6 | 6.0% |
| Oklahoma | $36.1 | -8.2% |
| Oregon | N/A | N/A |
| Pennsylvania | $1,646.9 | 8.9% |
| Rhode Island | $177.6 | -0.8% |
| South Dakota | $37.7 | 5.1% |
| Tennessee | $128.7 | 32.8% |
| Vermont | $4.1 | – |
| Virginia | $348.4 | 34.5% |
| West Virginia | $213.0 | 1.1% |
| Wyoming | $4.2 | 26.8% |
| TOTAL | $17,633.3 | 8.9% |
The AGA also examined its three major verticals of gaming industry performance:
• Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.49 billion (+1.8% year-over-year), with annual revenue gains in May and June buoying a slow beginning to the quarter in April.
• Legal Sports Betting: Americans wagered $31.75 billion on sports in Q2 2024, generating $3.16 billion in quarterly revenue (+35.3% year-over-year). The growth compared to Q2 2023 was bolstered by new market launches in Kentucky, Maine, North Carolina and Vermont since last spring.
• iGaming: iGaming grossed an all-time high of $1.98 billion in Q1, a 26.1 percent year-over-year increase bolstered by Rhode Island’s iGaming market launch in March.
“While sports betting and iGaming continued to drive overall industry revenue growth in the second quarter, new brick-and-mortar property openings in Illinois, Nebraska and Virginia also led to rising traditional commercial gaming revenue,” AGA Vice President of Research David Forman said.
“Across the country, land-based gaming markets are seeing mixed year-over-year comparisons due to slower consumer spending economy-wide, which may continue to be a factor through the remainder of 2024.”
The AGA provided that 37 states and the District of Columbia featured operational commercial gaming markets in Q1 2024, including casino gaming, sports betting and iGaming.
AGA’s State of Play Map tracks gaming’s economic impact, industry regulations and casino locations across each state for both the commercial and tribal gaming sectors.
The American Gaming Association is a national trade group representing the U.S. casino industry which fosters a policy and business environment where legal, regulated gaming thrives. The AGA’s diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers and more lead the $329 billion industry and support 1.8 million jobs across the country.
