Report shows 79% fall in commercial gambling revenue

Report shows 79% fall in commercial gambling revenue

The American Gaming Association report shows the impact of the Covid-19 pandemic on the second quarter.

US.- A new report from trade group the American Gaming Association shows commercial gaming revenue in the US fell by nearly 79 per cent year-on-year in Q2.

President and CEO of the association, Bill Miller, said “COVID-19 has undoubtedly posed the most difficult economic challenge the gaming industry has ever faced.

“While April and May both experienced year-over-year (revenue) declines north of 90 per cent, June saw nearly 300 commercial casinos reopen.”

At this stage, over 85 per cent of US casinos have now reopened under strict sanitary policies to protect bettors and staff.

Miller said: “With business returning to casino floors and sportsbooks seeing increased action, the gaming industry is steadily charting a responsible path to recovery that prioritises health and safety, supports the communities where we operate and offers first-class entertainment.

“Gaming’s record popularity prior to COVID-19, as well our resilience in the midst of such adversity, is evidence of the industry’s foundation for continued success as we emerge from the pandemic.”