Although 2020 presented a tremendous challenge and many headwinds remain, I’m optimistic about gaming’s future,”<\/strong> Miller continued.\u00a0<\/span><\/p><\/blockquote>\nBut Miller conceded that the land-based GGR offsets generated by iGaming and sports betting don’t tell the full story. Casino resorts lost out on live entertainment, hotel stays, and meetings and conventions, all of which are critical to their operating profits.\u00a0 \u00a0<\/span><\/p>\nNevada was once again easily the top commercial gaming market, casinos there winning more than $7.87 billion from gamblers. New Jersey was second at $3.46 billion, and Pennsylvania a close third at $3.41 billion.<\/p>\n
US commercial casinos delivered tax revenue of $6.68 billion last year to state and local governments.\u00a0<\/span><\/p>\nGaming Rebound, But in New Areas<\/b><\/h2>\n
Miller’s optimism, he says, stems from GGR in Q1 of 2021, which tied the industry’s all-time best three-month period.\u00a0<\/span><\/p>\n“The first quarter of 2021 clearly shows that consumer interest in gaming never waned, despite the challenges of 2020,” the AGA boss explained. “This momentum is a direct result of our industry’s ability to provide safe environments for our employees and guests to return to and is a strong indicator that our recovery is on the horizon.”<\/p>\n
January through March, however, only matched the industry’s best quarter because of iGaming and sports betting. Of the $11.13 billion Q1 revenue, online gaming and sports gambling accounted for $1.7 billion. During Q1 of 2019 — the all-time high that was matched — those verticals accounted for only $250 million.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Commercial casinos in the United States missed out on approximately 45,600 operating days last year because of the COVID-19 pandemic. That’s according to data compiled by the American Gaming Association (AGA) for its 2021 State of the States report. The AGA, the chief lobbying group of the commercial gaming industry in the US, says the […]<\/p>\n","protected":false},"author":25,"featured_media":174288,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\n
Casinos Lost 45,600 Operating Days in 2020, Revenue Totals $30B<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n