AGA Commercial Gaming Revenue Tracker

Keep up to date on the latest commercial gaming revenue numbers.

AGA Commercial Gaming Revenue Tracker

April 2, 2021

The American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker features monthly, quarterly, and year-to-date gross gaming revenue (GGR) at a state and national level, broken down by individual gaming verticals.

February 2021 Commercial Gaming Revenue

With three fewer days, including two fewer weekend days, February commercial gaming revenue contracted more than five percent from January. Adjusting for the calendar and comparing average daily revenue, February gaming revenue actually outperformed the previous month by nearly five percent. Combined revenue from traditional casino gaming, sports betting and iGaming reached $3.23 billion, representing about 85 percent of February 2020 gaming revenue—the last fully operational pre-pandemic month. With 2020 a being leap year, last February’s numbers also benefited from an extra weekend day.

The slide in gaming revenue coincided with a one percent drop in consumer spending, the biggest driver of economic activity in the U.S, according to the U.S. Department of Commerce. This drop is expected to be temporary as data on restaurant visits, hotel bookings and airline travel indicate a steady pickup in spending in recent weeks.

Of the commercial gaming states that were operational in February 2021[1], seven—Colorado, Illinois, Michigan, New Hampshire, New Jersey, Oregon and South Dakota—saw year-over-year growth, with gains once more being fueled predominantly by sports betting and iGaming. Helped by the easing of some pandemic restrictions, gaming revenue improved over January in nine states—Illinois, Maine, Massachusetts, Michigan, Nevada, New Mexico, Ohio, Rhode Island and Virginia—with the Virginia market having only launched on January 21.

[1] The District of Columbia, Montana, Tennessee and Virginia did not have commercial gaming in February 2020.

In February, gaming revenue from casino slot and table games reached $2.74 billion, a 24 percent contraction year-over-year but down less than three percent compared to January. South Dakota was the only state where traditional gaming outperformed pre-pandemic levels, up more than 13 percent year-over-year. The state has seen revenue grow year-over-year in every full operating month since Deadwood casinos reopened in May 2020.

Strong revenue growth by sports betting and iGaming again helped stabilize overall gaming revenue. In the first full month with internet gaming in Michigan, nationwide iGaming revenue jumped 256 percent from last February to reach a new monthly record of $255.5 million. Sports betting revenue more than doubled (169%) year-over-year to $231.5 million.

Combined revenue from sports betting and iGaming accounted for more than 15 percent of all U.S. commercial gaming revenue in February, down slightly from 17 percent in January, but well above pre-pandemic levels.

With the end of the NFL season, February sports betting handle slumped somewhat over January, thus breaking a six-month trend of consecutive monthly records. At least $4.00 billion was wagered with legal sportsbooks across the country, up 134 percent year-over-year and down 8 percent from January’s $4.36 billion record.

About the Report
AGA’s Commercial Gaming Revenue Tracker provides state-by-state and nationwide insight into the U.S. commercial gaming industry’s financial performance. Monthly updates on feature topline figures based on state revenue reports, while quarterly reports provide a more detailed analysis covering the three previous months.