Page 3 - Mississippi/Louisiana Gaming News - Winter, 2022

Table of Contents
Gaming revenue reaches record
Wasington D.C. — U.S. commercial gaming revenue reached a quarterly record of $15.17 billion in Q3 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The all-time high beats the previous record, $14.81 billion in Q2 2022, by two percent.
Through the first nine months of the year, 2022 is on pace to surpass 2021 as the highest- grossing commercial gaming revenue year ever, tracking 14.7 percent ahead of the same period last year and already surpassing full-year revenue for 2019.
“While business challenges remain, high consumer demand continues to fuel our industry’s record success,” said AGA President and CEO Bill Miller. “Our sustained momentum in the face of broader economic volatility points to gaming’s overall health today and provides confidence as we look to the future.”
Commercial gaming’s year-over- year growth rate in Q3 2022 of 8.8 percent outperformed the broader U.S. economy’s growth rate in Q3 2022 of 2.6 percent.
Land-based slots and table games continue to be the foundation for the industry’s revenue growth, generating a record $12.27 billion in Q3 2022 — up 1.8 percent from Q3 2021. Combined year-to-date revenue for the verticals stands at $35.94 billion, up 8.1 percent year-over- year.
Due to a high sportsbook win percentage and solid growth in existing markets, sports betting also set a new quarterly revenue record of $1.68 billion, up 80.6 percent year-over-year.
THISISSUE
19
14
EVERYISSUE
COVER STORY
9 One Millionth Celebration Beau Rivage air program sees milestone in passenger numbers.
FEATURES
4 Guest Editorial
Scott Waller, Mississippi Economic Council.
6 You’re Our Hero Tunica casino employees recognized as heroes.
WINTER 2022
12 Casinos See Pink Properties raise money, show support, display their pink during Breast Cancer Awareness Month.
18 Cleaning Up
Housekeepers honored during celebratory week.
23 Betting On RubinBrown Accounting and consulting firm serves Mississippi.
7 5 Minutes With
Cathy Beeding, Riverwalk Casino & Hotel, Vicksburg.
10 Moving Ahead
New GM and promotions across the state.
14 People In The News Team Member of the Year named at Sam’s Town.
20 Contributions & Donations Casinos offer way for guests to donate change for charity.
On The Cover
Teams from Beau Rivage and the Gulfport-Biloxi International Airport gather in front of the Sun Country flight. Photo by Jamie Morton.
WINTER 2022 MISSISSPPI GAMING NEWS 3