Fourth consecutive record year for US commercial gaming revenue in 2024

In his annual State of the Industry address on February 19, American Gaming Association (AGA) CEO Bill Miller celebrated the gaming industry’s remarkable success in 2024, emphasizing strong public support for its continued growth.

The AGA announced that commercial gaming revenue in the U.S. reached a record-breaking $71.92 billion in 2024—marking the fourth consecutive year of record-setting growth. This figure represents a 7.5% increase from the previous high of $66.5 billion in 2023.

And the industry’s total earnings are expected to climb even higher. Once the National Indian Gaming Commission reports tribal gaming revenue later this year, total U.S. gaming revenue for 2024 is projected to approach $115 billion.

Miller praised the industry’s efforts and success in becoming stronger than ever throughout his speech. He mentioned the industry’s innovation and “deep-rooted culture of compliance” as driving forces behind the recovery that US gaming has seen over the last few years since the COVID-19 pandemic.

He went on to point out that this success is largely due to the current public perception of gaming. Fifty percent of American adults now have a favorable impression of casinos, which is up five points in two years. Studies also show that almost 9 out of every 10 adults (89%) of view gambling as an acceptable form of entertainment

Miller stated, “We have built this support over many decades. As gaming has grown from two states in 1978 to 44 states today, more and more Americans have gotten to know us…They recognize the positive impact we deliver: the jobs we support, the small businesses we sustain, and the tax revenue we contribute…These are the reasons Americans have embraced gaming, and they will fuel gaming’s recovery.”