{"id":630,"date":"2021-02-23T00:00:00","date_gmt":"2021-02-23T00:00:00","guid":{"rendered":"https:\/\/gbc.ng\/us-gaming-revenues-at-lowest-since-2003\/"},"modified":"2021-02-23T00:00:00","modified_gmt":"2021-02-23T00:00:00","slug":"us-gaming-revenues-at-lowest-since-2003","status":"publish","type":"post","link":"https:\/\/gbc.ng\/index.php\/us-gaming-revenues-at-lowest-since-2003\/","title":{"rendered":"US GAMING REVENUES AT LOWEST SINCE 2003"},"content":{"rendered":"<p style=\"background: white; margin: 0in 0in 18.7pt 0in;\">\n<p style=\"background: white; box-sizing: border-box; margin: 0in 0in 18.7pt 0in;\"><span id=\"more-85659\" style=\"box-sizing: border-box;\">US.-\u00a0<em style=\"box-sizing: border-box;\"><b><span style=\"font-family: 'Montserrat','serif';\"><span style=\"color: #1d2f5f;\">The American Gaming Association (AGA)<\/span><\/span><\/b><\/em>\u00a0has reported that the gaming industry\u2019s\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">total revenue in 2020 was the lowest reported since 2003.<\/span><\/strong><\/span><\/p>\n<p style=\"background: white; box-sizing: border-box; margin: 0in 0in 18.7pt 0in;\"><span style=\"font-size: 15.0pt; font-family: 'Montserrat','serif'; color: #1d2f5f; letter-spacing: .35pt;\">The body reported that commercially licensed gaming including retail and online sports betting and igaming operations generated revenues of just under\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">$30bn<\/span><\/strong>\u00a0in 2020, a decline of\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">$13.6bn compared to 2019.<\/span><\/strong><\/span><\/p>\n<p style=\"background: white; box-sizing: border-box; margin: 0in 0in 18.7pt 0in;\"><span style=\"font-size: 15.0pt; font-family: 'Montserrat','serif'; color: #1d2f5f; letter-spacing: .35pt;\">In\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">2003<\/span><\/strong>, when only\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">11 states had legal gambling<\/span><\/strong>, commercial operators\u00a0<strong style=\"box-sizing: border-box;\"><span style=\"font-family: 'Montserrat','serif';\">took $28.7bn<\/span><\/strong>. In 2020, at least some form of commercial gambling was available in 29 states.<\/span><\/p>\n<p style=\"background: white; box-sizing: border-box; margin: 0in 0in 18.7pt 0in;\"><span style=\"font-size: 15.0pt; font-family: 'Montserrat','serif'; color: #1d2f5f; letter-spacing: .35pt;\">Despite the overall decline in revenues,\u00a0<em style=\"box-sizing: border-box;\"><b><span style=\"font-family: 'Montserrat','serif';\"><span style=\"color: #1d2f5f;\">sports betting<\/span><\/span><\/b><\/em><strong><span style=\"font-family: 'Montserrat','serif';\">\u00a0has grown<\/span><\/strong>\u00a0across the US with revenues up 68.9 per cent year-on-year to $1.53bn.<\/span><\/p>\n<p style=\"background: white; box-sizing: border-box; margin: 0in 0in 18.7pt 0in;\"><strong style=\"box-sizing: border-box;\"><span style=\"font-size: 15.0pt; font-family: 'Montserrat','serif'; color: #1d2f5f; letter-spacing: .35pt;\">AGA President and CEO, Bill Miller, said in a statement:<\/span><\/strong><span style=\"font-size: 15.0pt; font-family: 'Montserrat','serif'; color: #1d2f5f; letter-spacing: .35pt;\">\u00a0\u201cThese numbers show the economic realities of Covid-19 and underscore the importance of targeted federal relief and ramped-up vaccine distribution to accelerate gaming\u2019s recovery in 2021.\u201d<\/span><\/p>\n<p class=\"author__bio\" itemprop=\"description\">\n<p class=\"comment-form-comment\"><label class=\"show-on-ie8\" for=\"comment\">Comment<\/label><br \/>\n<textarea aria-required=\"true\" cols=\"45\" id=\"comment\" name=\"comment\" placeholder=\"Message\" rows=\"8\"><\/textarea><\/p>\n<p class=\"comment-form-author\"><label class=\"show-on-ie8\" for=\"author\">Name<\/label><input aria-required=\"true\" id=\"author\" name=\"author\" placeholder=\"Name...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-email\"><label class=\"show-on-ie8\" for=\"name\">Email<\/label><input aria-required=\"true\" id=\"email\" name=\"email\" placeholder=\"Email...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-url\"><label class=\"show-on-ie8\" for=\"url\">Url<\/label><input id=\"url\" name=\"url\" placeholder=\"Website...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-cookies-consent\"><input id=\"wp-comment-cookies-consent\" name=\"wp-comment-cookies-consent\" type=\"checkbox\" value=\"yes\"\/> <label for=\"wp-comment-cookies-consent\">Save my name, email, and website in this browser for the next time I comment.<\/label><\/p>\n<p class=\"form-submit\"><input class=\"submit\" id=\"comment-submit\" name=\"submit\" type=\"submit\" value=\"Send\"\/> <input id=\"comment_post_ID\" name=\"comment_post_ID\" type=\"hidden\" value=\"22154\"\/> <input id=\"comment_parent\" name=\"comment_parent\" type=\"hidden\" value=\"0\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US.-\u00a0The American Gaming Association (AGA)\u00a0has reported that the gaming industry\u2019s\u00a0total revenue in 2020 was the lowest reported since 2003. The body reported that commercially licensed gaming including retail and online sports betting and igaming operations generated revenues of just under\u00a0$30bn\u00a0in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-630","post","type-post","status-publish","format-standard","hentry","category-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US GAMING REVENUES AT LOWEST SINCE 2003 - GBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc.ng\/index.php\/us-gaming-revenues-at-lowest-since-2003\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US GAMING REVENUES AT LOWEST SINCE 2003 - GBC\" \/>\n<meta property=\"og:description\" content=\"US.-\u00a0The American Gaming Association (AGA)\u00a0has reported that the gaming industry\u2019s\u00a0total revenue in 2020 was the lowest reported since 2003. 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