![]() ![]() Traditional slot machines and gaming tables experienced a bump in revenues in 2022 as well. More adults actually bet on this year’s NCAA men’s basketball tournament, though the estimated total wagering for March Madness was only a 10th of that bet on the Super Bowl. Super Bowl wagering slowed this year compared to last, with $153 million total bet and operators taking in $11.4 million (compared to last year’s $180 million bet with revenues of $15.4 million), according to the Wall Street Journal. ![]() Of the $60 billion, sports betting, though a recent phenomenon, generated $7.5 billion in revenues in 2022, with online betting adding another $5 billion. gaming in 2022 tallied a record $60 billion in revenues, topping 2021’s $53 billion-which itself was a record year. The American Gaming Association announced in February that U.S. They include innovations such as the rapid adoption of iGaming, or internet/online gaming, the use of online sportsbooks and the consequent move away from brick-and-mortar casinos, positioning sportsbooks for even more rapid expansion than retail locations. ![]() The changes happening in the gaming industry today are more complex. The gaming industry is currently in the most dynamic period since the explosion of casino gambling in the late 1980s to 1990s outside of Nevada and New Jersey. ![]()
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