2023: Record-Breaking Year for U.S. Gambling Industry

TL;DR Summary
U.S. commercial casinos had their best year ever in 2023, winning $66.5 billion from gamblers, a 10% increase from 2022, despite concerns about inflation. Total casino gambling revenue, including tribal-owned casinos, is expected to reach close to $110 billion. Sports betting saw a significant increase, generating $10.92 billion in revenue, with five new markets contributing to the growth. Internet gambling also surged, reaching $6.17 billion in revenue. Despite some declines in a few states, 31 out of 35 states with commercial casinos saw revenue increase.
Topics:business#american-gaming-association#business-entertainment#casinos#gambling#revenue#sports-betting
- U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear ABC News
- Sports betting industry posts record $11B in 2023 revenue ESPN
- New York is nation’s leader in sports betting revenue, report says New York Daily News
- US sports betting industry made record revenue in 2023 as bets spike USA TODAY
- Pennsylvania casinos continue to rake in the chips Pittsburgh Post-Gazette
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