Nationwide U.S. commercial gaming revenue reached $17.63billion in Q2 2024, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker.

The total marked the industry’s 14th consecutive quarter of annual revenue growth and its highest-grossing Q2 performance on record.

Across the country, 24 jurisdictions saw year-over-year revenue growth in Q2 2024, and nationwide commercial gaming revenue resulted in $3.73 billion in state taxes generated directly from gaming.

Both land-based (including brick-and-mortar sportsbooks) and online gaming saw annual growth for the quarter. Year-over-year, the pace of land-based growth accelerated slightly and while the pace of online growth improved compared to Q1, it slowed significantly from nearly 44 percent in Q2 2023 to 32.5 percent in Q2 2024. Overall, land-based gaming accounted for 71.4 percent of total revenue while online gaming represented the remaining 28.6 percent.

Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.49 billion (+1.8% year-over-year), with annual revenue gains in May and June buoying a slow beginning to the quarter in April.

Legal Sports Betting: Americans wagered $31.75 billion on sports in Q2 2024, generating $3.16 billion in quarterly revenue (+35.3% year-over-year). The growth compared to Q2 2023 was bolstered by new market launches in Kentucky, Maine, North Carolina and Vermont since last spring.

iGaming: iGaming grossed an all-time high of $1.98 billion in Q1, a 26.1 percent year-over-year increase bolstered by Rhode Island’s iGaming market launch in March.

“While sports betting and iGaming continued to drive overall industry revenue growth in the second quarter, new brick-and-mortar property openings in Illinois, Nebraska and Virginia also led to rising traditional commercial gaming revenue,” said AGA Vice President of Research David Forman. “Across the country, land-based gaming markets are seeing mixed year-over-year comparisons due to slower consumer spending economy-wide, which may continue to be a factor through the remainder of 2024.”