Growth was primarily fueled by the launch of online sports betting in New York at the beginning of 2022, a year that also saw Arkansas, Louisiana, Kansas, and Maryland go live. These figures are all the more impressive given that Arizona has yet to report its latest quarterly results. Correspondingly, sports betting revenue for 2022 grew exponentially to $7.5 billion - a spectacular 72.7% YoY jump over 2021. sports betting market set a new record of $93.4 billion in handle. In 2022, the relentless expansion of the U.S.
The American Gaming Association reports that total commercial gaming revenue and legal sports betting topped the $60 billion mark in 2022 - an all-time record for GGR that represents an impressive 13.9% year-over-year gain from the previous record total of $53 billion set in 2021.įigures released on Wednesday as part of AGA's latest Commerical Gaming Revenue Tracker report also revealed that sports wagering was the main driver of overall gaming industry growth while online sports betting now accounts for 19.5% of total GGR.
