Despite the overall growth seen in the report<\/a>, uneven regional performance saw just six of the top 20 commercial casino gaming markets grow in size. Simply put, gamblers are starting to stay home more often, rather than travel.<\/p>\n The Las Vegas Strip remains the top market in the country despite a 4.4% contraction while downtown Las Vegas and Reno\/Sparks showed gains. Atlantic City remained the country\u2019s second-ranked market, despite contracting 1.7%.<\/p>\n AGA<\/span><\/span> President and CEO<\/span><\/span> Bill Miller said although there has been declines in certain markets, the industry is still on a positive footing and has some momentum.<\/p>\n \u201cLooking back at 2024 and ahead to 2205, we have every reason to be confident about gaming\u2019s continued success and our positive impact,\u201d he said.<\/p>\n A Look At Other Markets<\/strong><\/p>\n Boosted by new property openings, the Chicagoland area retained its position as the third-largest market with the Baltimore-Washington, D.C. area in fourth. Detroit bounced back from labor disputes<\/a> in 2023 for that market\u2019s highest yearly revenue total since 2019.<\/p>\n At the individual property level, 12 of the top 20 highest-grossing commercial casinos outside of Colorado, Nevada, and Mississippi saw an uptick in combined land-based gaming revenue compared to 2023.<\/p>\n Resorts World New York City remained the highest grossing commercial property outside Nevada for the second year in a row. MGM<\/span><\/span> National Harbor (Maryland) and Encore Boston Harbor (Massachusetts) round out the top three, unchanged from 2023.<\/p>\n Outside those, Rivers Casino Portsmouth (Virginia) became one of the highest grossing properties in the country in just the second year of operations.<\/p>\n Among the 36 commercial gaming jurisdictions operational in 2023, 28 saw combined revenue growth from land-based casino games, sports betting, and online casinos<\/a> \u2013 with all posting new annual records.<\/p>\n Several sports betting-only markets saw declines, including Montana (-16%), New Mexico (-3.5%), Ohio (-0.9%), New Hampshire (-1.5%), Mississippi (-2%), Missouri (-1.7%), Iowa (-1.7%), and Florida (0.5%).<\/p>\n At the state level, 14 of the 27 states offering traditional casino gaming saw an uptick in combined revenue from slots and table games compared to 2023. A few notable markets saw major surges in traditional gaming, including Nebraska (60.1%), Virginia (32%), and Illinois (11%), all driven by new property openings.<\/p>\n Sports Betting Revenue Nears $14 Billion<\/strong><\/p>\n Along with individual gaming markets, the report also looked at how some of those fared in the sports betting arena. Americans legally wagered $147.91 billion on sports in 2024 (much of it on parlays<\/a>), up 23.6% from 2023. More than 95% of that was online. The increased handle drove nationwide sports betting revenue to $13.71 billion in 2024, 25.4% higher than the previous year.<\/p>\n Sports betting revenue was helped by a slightly higher hold percentage at 9.3% in 2024, compared to 9.1% in 2023.<\/p>\n By the close of 2024, sports betting was legal in 38 states and Washington D.C., including 34 commercial jurisdictions where public data is available. Missouri legalized sports betting at the end of 2024<\/a>, but hasn\u2019t yet launched, and Texas<\/a>, Mississippi<\/a>, and Oklahoma<\/a> may soon follow.<\/p>\n![\"\"](\"https:\/\/media.cardplayer.com\/assets\/000\/038\/083\/shutterstock_497449417.jpg\")
The American Gaming Association (AGA<\/span><\/span>) released the trade group\u2019s 2024 Commercial Gaming Revenue Tracker<\/a> this week, which offered some insight not just on overall U.S. commercial gaming revenue but also an in-depth look at casino markets around the country, as well as sports betting.<\/p>\n