August was the fourth straight month of the U.S. gaming industry’s recovery — which includes casino, sports betting and online gaming revenue. Nationwide revenue from the segments were up 5.6% compared to July, but down 19.8% year-over-year, according to the American Gaming Association.
At the heart of the recovery was the largest sports betting month ever, with Americans wagering $2.1 billion. The record handle generated $119.4 million in revenue, the second-highest grossing month on record.
Sports betting and online gaming — a big growth point for companies like DraftKings and Penn National — are helping buoy slots and table gaming slides. Gross gaming revenues from sports betting and online gaming are up 31.5% and 203.3% on the year, respectively.
Sportsbook Awareness Level in U.S. via CivicScience:
- DraftKings — 41%
- FanDuel — 38%
- Barstool — 27%
- FoxBet — 25%
- BetRivers — 22%
- PointsBet — 22%
