Published: November 22, 2023

Online Casino Revenue Surpassed $1.5B, Marking Quarterly Record In Q3

Commercial online casinos in the United States recently completed their most lucrative quarter ever. The American Gaming Association (AGA) touted that achievement, among many others in a recent accounting of commercial gambling activity from the third quarter of 2023.

Overall, Q3 2023 was the second-highest-grossing quarter for commercial gaming in the US ever. Amid the new record for online casino revenue in a quarter, a different industry segment could be churning out a new high of its own.
Commercial online casino revenue blows by the previous record

For the first time, legal non-tribal online casino revenue across the United States has surpassed $1.5 billion in a quarter in the AGA’s accounting. That includes gambling licensees’ win from live dealer games, online poker, online slots, and online table games.

The gambling industry’s second quarter of 2023 represented the previous standard.

Currently, five US states offer legal commercial real-money online casino apps to residents and visitors. Such apps are also available in Connecticut, but the two tribal casino operators in the state control that gaming. The five states are:

    New Jersey

In addition to representing a new record, the over $1.5 billion in online casino win is an improvement of 26% from Q3 2022. That made online casino revenue the US commercial gambling industry’s fastest-growing segment for the quarter.

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