USA: Gambling with record sales

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Peter Brandt 21. May 2021

The gambling industry in the United States implemented more than eleven billion US dollars in the first quarter of 2021. This emerges from the official financial report of the US gambling authority “American Gaming Association” (AGA). The sales amount of an increase of 4.1 percent corresponded to the first quarter of 2019. Compared to the same period in 2020, the increase would be 17.7 percent. The latest sales figures would indicate a recovery process in the industry, which was badly affected by Corona pandemic.

Thanks to the recurring coronavirus, the stationary US casino landscape was able to achieve a new record turnover in the first quarter of 2021. ((©LoggaWiggler/Pixabay)

Comeback nach Corona

Many branches of the United States are still affected by the effects of corona pandemic. How big the actual financial damage will ultimately be will most likely only to crystallize after the crisis has survived, but nevertheless seems to be the spirit of optimism in the US states. The government around President Joe Biden gradually dismisses the restrictions. According to the AGA, the local gaming industry also benefited from this. Some restrictions are still part of everyday life, but the inpatient casinos would not have been put off and Over 90 percent of the sales of the first quarter in 2019 achieved. In the past March 2021, the total turnover was almost identical to the figures from 2019.

The American Gaming Association interprets the strong sales figures as an official Start of the long -awaited comeback. With which speed the industry is already recovering would show a comparison with the last quarter. The turnover in the first quarter of 2021 is compared to the fourth quarter of 2020 increased by around 21.1 percent. Overall, half of the US states with state-licensed casinos could have recorded significantly sales growth. According to the AGA, some states could even look forward to a record quarter.

Bill Miller, President and CEO of the AGA, certified the gaming and gaming industry to a comeback soon, however, at the same time also pointed to the sense of responsibility of the individual actors. In his opinion, the report shows that gaming and gambling would recover faster than the actual schedule would suggest. The industry was confronted with numerous challenges by the Covid 19 pandemic.

“We accepted and managed these responsibly. In the course of the reopening, we have created both a safe and exciting environment for customers. ”Bill Miller, President and CEO of the American Gaming Association, Official reporting of the AGA

Sports betting too

Not only the land -based casinos seem to recover from the pandemic effects in the past quarter. According to the AGA, the sports betting market is again on the rising branch. So the industry has one US record of $ 961 million in the first quarter of 2021 recorded. This economic development corresponds to an increase of 270 percent compared to the first quarter 2020. At the same time, the sum would exceed the entire sales from 2019. This was around $ 909 million.

One reason for the significant increase is not least Legalization of online casinos in the state of Michigan been. In addition to classic casino games, the respective providers and platforms would also enable bets on various sporting events. According to the AGA, Michigan was able to generate $ 784 million nationwide in the first quarter of 2021. Compared to the first quarter of 2020, the state had more than tripled its income from gambling and gaming.

“The gaming and gambling industry achieves these impressive results under difficult conditions, since the capacity and equipment restrictions continue to exist throughout the country. However, the current figures are proof of how hard our industry works to ensure the security and well -being of our employees and customers. ”Bill Miller, President and CEO of the American Gaming Association, Official reporting of the AGA

Vaccinema promotes gambling industry

The recovered US gambling industry was able to achieve such high sales in the past quarter thanks to the large vaccine. According to the CDC, CDC’s authority are now round 33 percent of the Americans have been vaccinated twice. The second dose of a vaccine would have received almost 111 million people. In addition, a good 150 million people are vaccinated. The number of vaccinations per person also depends on the vaccine itself.

The vaccinations made are not yet sufficient for herdownity, but the US government has in view of the increasing number of vaccinated initial relaxation decided. However, the respective states are still responsible for implementing the government’s specified framework conditions at its own discretion. In most cities and regions of the country, certain restrictions continue to apply. US President Joe Biden emphasized that The pandemic has not yet survived. Caution and above all foresight are still appropriate. The spirit of optimism, especially in the gaming sector, can also be seen in gaming metropolises such as Las Vegas, where most casinos almost run again in normal operation.