• Loading stock data...
Wednesday, October 29, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

Commercial Gaming Industry Posts Record $14.8B Quarter

  • The figure represents a 3.3% increase over the previous record (Q4 2021).
  • Sports betting saw a 58.7% revenue increase for the quarter year-over-year.
Megan Mendoza/The Republic / USA TODAY NETWORK

The commercial gaming industry keeps setting records as more states continue to legalize sports betting.

The American Gaming Association reports that Q2 2022 saw the industry accumulate $14.8 billion in revenue — a new quarterly record.

The figure — which encompasses all forms of legal gambling — represents a 3.3% increase over the previous record (Q4 2021) and an 8.8% increase year-over-year.

Sports betting was a big factor in the increased numbers.

  • With six new markets in the mix, that sector of the industry saw a 58.7% increase in revenue year-over-year.
  • The legal betting handle was $18.7B for the quarter — a 69% increase from the year before.
  • The $3.04B in sports betting revenue halfway through 2022 is pacing 63.9% ahead of 2021.

The momentum is likely to continue through the rest of the year and beyond — especially as college football and NFL get underway.

Earlier this month, Massachusetts became the latest state to legalize sports betting. It plans to start taking bets by football season.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL Ratings Continue to Surge: CBS and NBC on a Record Pace

NBC is averaging 24.7 million viewers per game for “Sunday Night Football.”

Rozier’s Lawyer Says Missed 2023 Games Cost Him Shoe Money

Rozier had a Puma deal through the end of the 2022–23 season.
Sankey

SEC’s Sankey Blasts NCAA Plan to Allow Pro Sports Betting

NCAA athletes can bet on professional sports starting Nov. 1.

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
Donald Trump Jr. imitates President Donald Trumps as he speaks during a memorial service honoring Charlie Kirk at State Farm Stadium in Glendale on Sept. 21, 2025.

The Trumps Are All In on Prediction Markets

Truth Social is launching a platform that will offer sports event contracts.
Mar 5, 2025; Boston, Massachusetts, USA; The NBA logo is seen on the court before thegame between the Boston Celtics and the Portland Trail Blazers at TD Garden.
October 23, 2025

The History of Hoops Betting Scandals

The arrests of Rozier and Billups are just the latest scandal involving basketball.
October 27, 2025

Turkish Soccer Says It Has Widespread Ref Gambling Problem

The scandal involves hundreds of professional soccer referees.
Sponsored

Why Alexis Ohanian Is Betting Big on Women’s Sports

Alexis Ohanian reflects on his evolution from Reddit cofounder to one of today’s most dynamic sports investors.
October 23, 2025

Terry Rozier, Chauncey Billups Arrested in FBI Gambling Probes

The Billups arrest was tied to an illegal Mafia poker operation.
draftkings
exclusive
October 22, 2025

DraftKings Is Paying Up to $250M for Prediction-Market Railbird

The deal was announced Tuesday, but financials weren’t disclosed.
Sports are shown on TVs behind a bar as guests enjoy the grand opening of DraftKings Sports & Social in Ohio.
October 21, 2025

DraftKings Buys Prediction-Markets Platform but No Sports Just Yet

Front Office Sports reported DraftKings was in talks to buy Railbird in August.
Jenny Just
October 13, 2025

Austin FC Co-Owner: Teach Your Daughters to Play Poker

She calls poker a “mind sport” like chess that teaches important life skills.