{"id":26,"date":"2024-06-11T10:08:10","date_gmt":"2024-06-11T07:08:10","guid":{"rendered":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/us-gaming-revenue-soars-10-in-august-despite-economic-headwinds\/"},"modified":"2024-06-12T10:38:42","modified_gmt":"2024-06-12T07:38:42","slug":"us-gaming-revenue-soars-10-in-august-despite-economic-headwinds","status":"publish","type":"post","link":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/us-gaming-revenue-soars-10-in-august-despite-economic-headwinds\/","title":{"rendered":"US Gaming Revenue Soars 10% in August Despite Economic Headwinds"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/xuNkBO0uR80\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The US commercial gaming sector experienced a robust 10% surge in revenue during August, as per a report from the American Gaming Association (AGA). <\/p>\n<p>August 2023 surpassed the revenue generated in the same month the previous year, despite the total earnings dipping slightly below the $5 billion threshold. The AGA highlighted that the $4.89 billion revenue represented an unprecedented peak for August.<\/p>\n<p>This achievement marks 18 consecutive months of year-on-year expansion for the industry, a trend that displays no indication of waning despite what the AGA characterized as a &#8220;difficult macroeconomic climate.&#8221;<\/p>\n<p>Nevertheless, August&#8217;s revenue did reflect a 4% decrease compared to July&#8217;s figures, a trend the AGA deemed &#8220;in line with typical seasonal patterns.&#8221;  With the exception of June and now August, every month this year has witnessed revenue reaching or exceeding the $5 billion mark.<\/p>\n<p>Nevada, unsurprisingly, spearheaded the revenue generation in August with $1.2 billion.  Trailing closely behind was New Jersey at $471 million, followed by Pennsylvania at $429 million.<\/p>\n<p>The most substantial year-on-year gains were observed in Virginia, which registered a remarkable 185% surge.  New Hampshire followed closely with 163% growth, and Oregon completed the top three with a 155% increase.<\/p>\n<p>Out of the 31 US commercial gaming jurisdictions, only four states experienced year-on-year declines: Delaware, Massachusetts, Mississippi, and Montana.<\/p>\n<p>Nationwide, land-based slot machines and table games collectively generated $4.02 billion, with slots contributing the majority share at $2.92 billion.<\/p>\n<p>The AGA pointed out that while overall US tourism expenditures have decreased compared to August 2019 (pre-pandemic), &#8220;the growth trajectory for conventional gaming revenue reached its highest point since April.&#8221; <\/p>\n<p>Local gambling establishments in the central United States \u2013 particularly those in Illinois, Iowa, Louisiana, Mississippi, and Missouri \u2013 are experiencing record attendance, exceeding pre-COVID numbers from 2019 by 4.2%.<\/p>\n<p>The sector for wagering on athletic events is currently in its usual seasonal dip, with approximately $4.5 billion in bets placed during July. This number signifies the bottom point for the calendar year, although it still constitutes a substantial 50% increase compared to July of the previous year, 2022. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US commercial gaming sector experienced a robust 10% surge in revenue during August, as per a report from the American Gaming Association (AGA). August 2023 surpassed the revenue generated in the same month the previous year, despite the total earnings dipping slightly below the $5 billion threshold. The AGA highlighted that the $4.89 billion [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Gaming Revenue Soars 10% in Record-Breaking August<\/title>\n<meta name=\"description\" content=\"The US gaming industry celebrated a remarkable August, with revenue surging by 10% year-over-year. Discover the factors driving this unprecedented growth and what it means for the future of gaming.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/us-gaming-revenue-soars-10-in-august-despite-economic-headwinds\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Gaming Revenue Soars 10% in August Despite Economic Headwinds\" \/>\n<meta property=\"og:description\" content=\"The US gaming industry celebrated a remarkable August, with revenue surging by 10% year-over-year. 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