Commercial Sports Betting Revenue Soars in 2021 First Quarter
Credit: Getty Images. Pictured: The board at the SuperBook in Vegas
The American Gaming Association reported nationwide first quarter 2021 commercial gaming casino revenue, in which gross sports betting revenue from those properties was worth $961.1 million.
That number represents a 270.2 percent increase over the first quarter in 2020 and a 450 percent increase over the first quarter of 2019.
Putting the numbers in prospective, AGA said that the first quarter of $961.1 million dwarfed the entire year of sports betting at commercial gaming casinos just two years prior — $909 million.
Only iGaming had a bigger rise from two years ago, up 644.9 percent in the first quarter of 2021 versus 2019.
There are 30 states, and Washington D.C., that currently have fully operational commercial gaming.
This data does not include mobile sportsbooks that don’t have brick and mortar sites. Mobile gaming equals between 65 and 95 percent of current sports betting handle in the U.S. depending on the state and the restrictions.