US commercial gaming revenue broke a new record in the first quarter of 2021, reaching $ 11 billion marks. The American Games Association (AGA) is using its commercial gaming revenue tracker to keep up with the aggregate data and revealed to the public how the country achieved its most profitable quarter ever.
In total, this is a 4.1% increase over the previous record first quarter from 2019, which was the year before the pandemic started. Q1 from 2021 is 17. 7% better than Q1 2020, a time the gaming industry shut down as COVID - 19 the virus started to crash.
Speed up the recovery process
Good data on revenues from the first quarter show that the recovery process in the gaming industry in the United States is accelerating. Compared to the fourth quarter of 2020, the results are as follows better than 21%. Gaming revenues increased in the last quarter, mainly due to March results. The month was especially favorable for gaming activities across the country.
More than 50% commercial casinos in operation, recorded a quarterly increase in revenues from the first quarter of 2019 total. Many people also reported record quarters. AGA President and CEO Bill Miller said the report found the industry's return ahead of schedule.
“Throughout the COVID-19 pandemic, our industry has faced many challenges while reopening responsibly and providing a safe, exciting environment for customers. "
Growth despite limitations
The first quarter results are a bit surprising considering the industry is still there struggled with limitations based on COVID - 19 pandemic. The casino capacity is not enough 270% and the amenities are still lacking. However, people travel to casinos and enjoy the slots and table games.
The report found that the revenues of the 90% in Q1 2019 came from traditional traditional casino games. for March 2021, the revenues from slot machines and table games came over the 1% March 2019 numbers. This is impressive given the lingering effects of the pandemic.
Sports betting is also growing in popularity. The first quarter totals showed earnings of 961 million . It was a huge 270% jump from the first quarter in 2020. It even beat the 2019 $ sum of 909 million. For online casino games, the sums have also increased. A total of $ 400 million was generated in the first quarter, which is more than three times the revenue achieved in the first quarter of 2020.
It is hoped that the recovery process will continue and all commercial casinos will finally offer 100% capacity levels and facilities over the next few months.