U.S. set gambling record in 2022 with more than $54.9 billion in revenue

U.S. set gambling record in 2022 with more than $54.9 billion in revenue

Article brief provided by Forbes
  • Will Yakowicz, Forbes
January 13, 2023 4:18 PM
  • Will Yakowicz, Forbes

Americans gambled away a record-breaking amount of money in 2022. The nation’s casinos and mobile gaming apps rang up a record $54.93 billion in revenue during the first 11 months of 2022. With one month still being tallied, 2022 has already smashed the $53.04 billion record by 13.5%, according to data collected from state regulators by the American Gaming Association. (These numbers do not include the nation’s tribal casinos, nor does it include illegal gambling.)

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Casey Clark, a senior vice president at the American Gaming Association (AGA), says the gaming industry has bounced back after a punishing pandemic-induced recession. “To have already surpassed the record numbers we hit in 2021 with a month to spare is really remarkable,” says Clark.