The Hamilton Spectator

American casinos have record-setting year in 2021

- WAYNE PARRY

America’s casinos have won more money this year than ever before, according to figures released Thursday from a national gambling trade associatio­n.

The American Gaming Associatio­n said U.S. casinos have already broken the record for most money won in a single year at $44.15 billion (U.S.).

Those figures are based on reports through October, as well as on a handful of states that have released results from November. The total surpassed the record set in all of 2019, which was $43.65 billion.

And with many more states still to report November revenue figures, as well as all the December reports, that number will climb even higher. The figures do not include tribal casinos.

October highlights nationwide include in-person gambling continuing to drive the industry’s recovery, with brick-and-mortar activity generating $3.97 billion, topping pre-pandemic totals by 16 per cent from October 2019.

Americans wagered a record $7.05 billion on sports in 25 jurisdicti­ons in October, bringing the year-todate total amount bet to $42.19 billion. That is nearly double the amount wagered in all of 2020 when just 17 markets were operating.

With some data yet to be reported, commercial sports books kept nearly $408 million after paying out winning bets and other expenses in October, surpassing the previous monthly record of $405 million set in September,

Internet gambling generated $357 million in revenue, up 129 per cent from October 2020, which is also a new monthly record.

The industry has now surpassed $4 billion in monthly gambling revenue for eight consecutiv­e months.

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