Of the 27 US states with commercial casinos, just over half – 14 – experienced revenue increases year-over-year in Q3. Here’s a look at the top 10.
The American Gaming Association (AGA) 21 November released its third quarter report for commercial gaming in the United States. The results for traditional brick-and-mortar casinos were mixed.
Retail revenue shrank compared to Q3 in 2023, although it did so by less than a percentage point. Slot revenue actually grew 1.3% to $9.1 billion (£7.23 billion/ €8.67 billion) versus last year, but table game revenue dropped to $2.42 billion. This was an 8.3% decrease compared to 2023.
Of the 27 markets with brick-and-mortar commercial casinos, 13 experienced revenue decreases year-over-year. Fourteen saw revenue increases – and the increase was by an average of 8.5%, the AGA reported.
Here’s a look at the 10 states that saw the biggest annual revenue growth from their retail casinos.
This one is no surprise.
In August, Nebraska’s largest city, Omaha, opened its first casino, WarHorse Casino. It boasts 800 slot machines, 20 table games and a sportsbook, plus more than 110 simulcast screens.
With an Omaha casino now on the books, expect Nebraska’s Q4 revenue to zoom ahead of its 2023 pace too – especially with the WarHorse Casino in Lincoln also expanding its gaming options to include 400 more slot machines and 10 more table games this month.
Nebraska also ranked second among states in the US for overall commercial gaming revenue growth from Q3 last year to Q3 this year at 74.7%. Only Oregon (77.5%) saw a larger annual growth.
Rivers Casino Portsmouth in Virginia has enjoyed a stellar 2024 and is the main reason Virginia saw the second-highest year-over-year retail casino revenue growth in Q3 – about 9%.
In August, it reported a remarkable 23.7% annual revenue increase with $26.65 million.
Virginia casino revenue will only increase in the future, too, as the permanent Caesars Virginia will open in December and two more casinos are coming to Norfolk and Petersburg.
Read the full story here.
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