GAMING INDUSTRY: THE ROAD TO RECOVERY

0

The first quarter of 2021 signaled positive trends within the gaming sector as a number of jurisdictions posted their highest monthly gross gaming revenues since the start of the pandemic.

On a national level, gaming revenues in January and February of 2021 contracted by 7.8 percent and 14.6 percent, respectively, when compared to 2020. However, March 2021 saw the highest grossing month of all time with $11.1 billion in revenue and was up 17.7 percent on the year, according to estimates by the American Gaming Association.

The vast majority of states with commercial gaming operations reported triple-digit annual growth rates in their March gaming revenues, with many reaching the highest levels in years. In Nevada, gross gaming revenues totaled $1.1 billion in March, the highest monthly amount since 2013. Pennsylvania’s gross gaming revenue topped $300.0 million for the first time in two years, while Mississippi recorded its highest mark since July 2008 with $248.8 million.

READ THE FULL ARTICLE BY BRIAN R. GORDON IN THE SUMMER 2021 EDITION OF GAMING & LEISURE MAGAZINE.

Share.

Leave A Reply