March, April, and May have been the three most lucrative months of gaming revenue in North America’s history with each month flying past GGR of $5bn.
It means the US commercial sector is well on its was to a record-setting yearly revenue with GGR in the first five months hitting $24.39bn, marking an increase of 20.6 per cent from 2021.
The month of May 2022 saw commercial land-based casinos, sportsbooks, and online casinos generating GGR of $5.03bn, making May 2022 the best ever May and the second-highest ever monthly total in history. This was up 7.9 per cent on May 2021. Slots and tables generated $4.13bn, an increase of 1.4 per cent on May 2021, making it the third-highest monthly total ever for slots and tables. Table revenue increased 10.5m per cent to $873.9m with slot revenue down 0.1 per cent at $2.94bn.
Retail and online sportsbooks generated $487.5m in May, up 78.2 per cent from 2021. Online gaming, which is currently allowed in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia, generated $406.4m in May, up 30.9 per cent.
Five months, only four states are lagging behind what they generated for the first five months of 2021. These were the District of Columbia, which was down 21.2 per cent, Kansas, which was down 0.8 per cent, Mississippi, down 2.5 per cent, and South Dakota, down 1.9 per cent.
For the year so far, slot and table GGR has hit $19.7bn, 13.9 up from the same period of 2021. Sports betting revenue has reached $2.64bn, marking an increase of 73.5 per cent ahead. Online gaming for the first five months hit $2.03bn, up 45.6 per cent from 2021.