US Gambling has Best Start Ever in 2022

📺 This week’s gambling news is all about the expanding American market, which is off to its best start ever! Topics include the proliferation of sports betting and online gambling, as well as the record-breaking pace in Las Vegas and Atlantic City!

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🔰Video Chapters:
▪️ 00:00 – Welcome to This Week In Gambling
▪️ 00:26 – US Gambling Best Start Ever
▪️ 01:30 – Las Vegas Gambling Revenue
▪️ 01:52 – Atlantic City Gambling Revenue
▪️ 02:15 – Other US Gambling Revenue
▪️ 02:35 – New York Online Gambling
▪️ 02:56 – Online Gambling in America
▪️ 03:57 – Fruity Gold 81 Slot
▪️ 05:04 – End Tag

US Gambling Industry Record Start:
Our friends at the American Gaming Association track American gambling revenue for the US gambling industry. And this year those numbers show that the industry took in over $4.4 billion in January, which is fastest start to a year ever recorded.

The AGA’s numbers show the state-by-state and nationwide financial performance data, and include breakdowns for individual gaming verticals. The latest edition of the tracker includes comparisons to January 2020, and to 2021 when the Coronavirus pandemic was continuing to impact US gambling revenue.

Coming off of a record-breaking 2021, U.S. commercial gaming revenue in January, reached $4.50 billion, the industry’s fastest-ever start to a year. Combined gaming revenue from traditional casino gaming, sports betting, and iGaming grew by 21.4 percent from 2020 and was up 31.8 percent from January 2021.

US Online Gambling Industry:
The potential growth difference for the US online gambling market between now and 2026 is is forecast to be as much as $2.2 billion. This according to research by the market research group Technavio in their “Online Gambling Market In US by End-user and Gender – Forecast and Analysis 2022-2026” report.

The easing of government regulations and wider reach for online gambling are some of the key market drivers. The internet gambling market in America comprises different types of games, and the rewards also differ from one game to another. The rewards are given in the form of physical goods as well as monetary benefits. However, factors such as frequent changes in gambling laws will challenge market growth.

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