Submitted by admin on Sat, 21/08/2021 - 15:26
The American Gaming Association looks back on 2020. By David McKee
Bleak.” That was American Gaming Association President Bill Miller’s one-word summation of the gaming industry’s 2020, the year that Coronavirus brought gambling to a grinding halt nationwide. First the bad news: Industry winnings fell to a level not seen since 2003. As for the good news, customers found different—and legal—ways to gamble, as online sports betting and Internet gambling boomed. Sports-betting handle was $21.5 billion, of which operators kept $1.5 billion, a climb of 69 percent from 2019. Meanwhile, I-gaming grew 1,990 percent, as it spread to new jurisdictions and as sheltering-at-home players turned to their computers and mobile devices in search of a fiddle.
