US gaming revenue down 79% in Q2

The AGA remains optimistic about the industry's chances of a strong recovery.
The AGA remains optimistic about the industry's chances of a strong recovery.

The American Gaming Association (AGA) has released gross gaming revenue figures for the second quarter.

US.- An AGA report has revealed that total US gross gaming revenue for the second quarter amounted $2.3 billion. The figure represents a 78.8 per cent fall on a year-on-year basis.

The report shows that revenues in June increased substantially compared with April and May. Commercial casinos generated four times the amount of revenue in the last month of the quater as nearly 300 venues reopened.

Sports betting before the pandemic was growing by 10 per cent year-on-year, and even with the cancellation of many sporting events, it still managed a 4.1 per cent increase in the first quarter.

CEO of the AGA, Bill Miller, said the gaming industry had shown great resilience in the face of Covid-19, and that figures were looking positive for a strong growth post-pandemic recovery.