"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," 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."
"Nationwide commercial gaming revenue provided $3.73 billion in state taxes. Both land-based (including brick-and-mortar sportsbooks) and online gaming saw annual growth for the quarter. Land-based properties saw slight growth, while the pace of online growth improved from the first quarter of 2024."
"Traditional casino gaming generated quarterly revenue of $12.49 billion, up 1.8% year over year, with annual revenue gains in May and June buoying a slow beginning to the quarter in April."
"Americans wagered $31.75 billion on sports in the second quarter, generating $3.16 billion in quarterly revenue, up 35.3% from 2023."
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