The US gaming industry has hit a quarterly revenue record of $17.7 billion, fueled by a strong debut in North Carolina. The state’s gaming industry has experienced a surge in revenue following the opening of several new casinos and sports betting operations.
According to the latest report from the American Gaming Association (AGA), gaming revenue in the US increased by 15% in the first quarter of the year, reaching an all-time high. The AGA credited the growth to the legalization of sports betting in multiple states, as well as the continued expansion of casino gaming.
North Carolina, in particular, has emerged as a major player in the US gaming market. The state’s first tribal casino, Harrah’s Cherokee Valley River Casino & Hotel, opened its doors in 2015 and has quickly become a popular destination for both locals and tourists. The casino boasts a wide range of gaming options, including slots, table games, and a poker room.
In addition to the casino, North Carolina has also seen a significant increase in sports betting activity. The state legalized sports betting in 2019, and since then, several operators have launched mobile sports betting apps. The popularity of sports betting has been further boosted by the legalization of online gambling in the state.
Bob Baffert, CEO of the North Carolina Gaming Association, commented on the state’s successful debut in the gaming industry. “We are thrilled to see the tremendous growth of the gaming industry in North Carolina,” said Baffert. “The opening of new casinos and the legalization of sports betting have created exciting opportunities for both operators and consumers.”
The success of the gaming industry in North Carolina is a reflection of the broader trend in the US. The AGA report highlighted the growing popularity of gaming across the country, with Americans spending more money on gaming than ever before.
Looking ahead, industry analysts predict that the US gaming market will continue to grow in the coming years. With the legalization of sports betting in more states and the expansion of online gambling, the industry is poised for even greater success in the future.
Overall, the record-breaking revenue figures demonstrate the strength and resilience of the US gaming industry. As more states embrace gaming as a form of entertainment and revenue generation, the industry is expected to continue its upward trajectory in the years to come.
