Press Releases
Q1 2024 Commercial Gaming Revenue Sets New Quarterly High, Marks 13th Straight Month of Industry Growth
AGA State of the States Report Shows Record $14.67 Billion in 2023 Commercial Industry Tax Contributions.
U.S. commercial gaming revenue reached a quarterly record of $17.67 billion in Q1 2024, the industry’s 13th consecutive quarter of growth, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The quarter was punctuated by March revenue of $6.09 billion, the industry’s second-highest grossing month ever.

“While gaming’s momentum remains strong, 2024 will be the new baseline for future growth after several years of sports betting legalization and post-pandemic consumer shifts,” said AGA President and CEO Bill Miller. “Gaming’s continued growth relies on maintaining our commitment to innovation and responsibility.”
Commercial Gaming Revenue Tracker Highlights
Across the country, 11 state gaming markets set new quarterly revenue records, including Pennsylvania and New York, two of the nation’s largest commercial gaming markets.
Both retail and online gaming saw annual growth in Q1 2024, though at slower rates than in previous quarters. Retail gaming accounted for 70.7 percent of total revenue while online gaming represented its largest share ever, 29.3 percent. Looking closer at each sector:
- Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.34 billion, a modest increase of 0.3 percent year-over-year that was hampered by severe January weather in regional gaming markets nationwide.
- Legal Sports Betting: Americans wagered a first-quarter record $36.86 billion on sports in Q1, generating $3.33 billion in quarterly revenue (+22.0% year-over-year). The growth compared to Q1 2023 was in part driven by new market launches in Kentucky, Maine, North Carolina and Vermont.
- iGaming: iGaming grossed an all-time high of $1.98 billion in Q1, a 26.1 percent year-over-year increase bolstered by Rhode Island’s iGaming market launch in March.
State of the States 2024
The AGA also released its annual State of the States report today, which provides the definitive state-by-state economic and regulatory analysis of U.S. commercial gaming in 2023 for policymakers, gaming stakeholders and industry observers.
State of the States 2024 details the record $14.67 billion in direct gaming tax revenue paid to state and local governments by commercial gaming operators in 2023—up 9.7 percent from 2022. This does not include the billions more paid in income, sales or other taxes.
“As gaming expands, more communities than ever are benefiting,” continued Miller. “We are proud to create jobs across the country, provide world-class entertainment experiences that offer safe alternatives to the pervasive illegal gambling market, and generate tax revenue to support critical public projects.”
Background
- AGA’s Commercial Gaming Revenue Tracker provides state-by-state and cumulative insight into the U.S. commercial gaming industry’s financial performance based on state revenue reports. This issue highlights Q1 2024 results.
- 37 states and the District of Columbia featured operational commercial gaming markets in Q1 2024, including casino gaming, sports betting and iGaming.
- AGA’s State of Play Map charts gaming’s economic impact, industry regulations and casino locations on a state-by-state basis for both the commercial and tribal gaming sectors.
APOSTAR S.A.
GoldenRace Partners with CPT to Launch Virtual Betting in Colombia
GoldenRace, the globally recognized leader in virtual sports, has announced a strategic partnership with Colombia Poker Tour, a member of the transnational network APOSTAR S.A..
This collaboration introduces GoldenRace’s cinematic-quality virtual sports to Colombian bettors, marking a major milestone in the country’s virtual betting landscape.
Martin Wachter, CEO and Founder of GoldenRace, stated, “Latin America, especially Colombia, has always been a priority. This alliance allows us to bring our leading technology to an audience that truly values the quality and thrill of virtual sports.”
Transforming Virtual Betting in Colombia
The partnership is seen as a turning point for the local iGaming industry. According to Ana Catalina Rojas, Director of Products and Services at BetPlay, virtual betting “connects different audiences and opens huge opportunities for economic growth, innovation, and market engagement.”
Colombian users will gain access to GoldenRace’s most popular virtual products, combining hyper-realistic simulations with fast-paced, engaging gameplay.
Key GoldenRace Offerings in Colombia
- Horse Racing: Players experience high-definition, cinematic races that replicate the excitement of real-world racetracks.
- Greyhound Racing: Fast-paced and dynamic, ideal for players seeking immediate results and continuous thrills.
- Virtual Football: The most played virtual sport worldwide, featuring real odds and an interface that mirrors top global leagues, giving Colombian bettors an authentic football betting experience.
Commitment to Regulated Markets
This partnership reinforces GoldenRace’s focus on expanding into highly regulated markets. By integrating its cutting-edge technology into CPT’s platform, the alliance ensures both quality and compliance, providing local operators with top-tier virtual betting products.
The collaboration also aligns with CPT and APOSTAR S.A.’s mission to offer the best gaming experiences to their community, while helping to drive growth and innovation in Colombia’s betting sector.
The Future of Virtual Sports in Colombia
With GoldenRace’s cinematic technology and CPT’s established network, Colombian bettors can now enjoy a next-level virtual betting experience. This alliance sets the stage for a more immersive and engaging iGaming environment, connecting racing and football fans across the country.
The post GoldenRace Partners with CPT to Launch Virtual Betting in Colombia appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Bet Builder feature
DATA.BET Showcases Advanced Sportsbook Solutions at SiGMA South America 2026
DATA.BET, a leading sportsbook technology provider, is set to participate in SiGMA South America 2026, one of the most significant gaming industry events in Latin America.
The event will take place from April 6–9, 2026 in São Paulo, bringing together major players from the global betting and casino sectors.
At stand E140, DATA.BET will present its comprehensive sportsbook platform along with its advanced esports betting solutions, targeting operators across Latin America who are seeking scalable, high-performance betting products.
Expanding Presence in Latin America
Latin America continues to emerge as one of the fastest-growing regions for online sports betting and iGaming. Countries across the region are moving toward regulated frameworks, creating significant opportunities for sportsbook providers and technology companies.
DATA.BET’s presence at SiGMA South America highlights the company’s focus on supporting operators entering regulated markets, particularly in Brazil, where demand for advanced sportsbook infrastructure is rapidly increasing.
The company aims to demonstrate how its solutions can help operators integrate modern sportsbook technology quickly and efficiently while maintaining regulatory compliance.
Brazilian Certification Strengthens Market Entry
One of the key advantages DATA.BET brings to the Latin American market is its Brazilian GLI certification, obtained last year. This certification confirms that the platform meets recognized regulatory and technical standards required for operation in Brazil’s developing betting ecosystem.
Certification allows operators using DATA.BET’s solutions to streamline their market entry process. By integrating certified technology, betting companies can reduce the time required for regulatory approvals and technical validation.
This capability positions DATA.BET as a strategic partner for operators looking to establish or expand their presence in Brazil’s regulated sports betting market.
Advanced Sportsbook and Integration Capabilities
During the exhibition, DATA.BET will showcase the latest version of its complete sportsbook solution, which has recently undergone a significant redesign.
The platform includes advanced integration capabilities that allow operators to seamlessly incorporate sportsbook functionality into their existing online casino or betting platforms. This flexibility ensures that operators can deploy the solution efficiently while maintaining full control over branding and user experience.
By offering scalable technology and seamless integrations, DATA.BET aims to help operators maximize performance and revenue potential.
Enhanced Statistical Widgets for Deeper Insights
A major highlight of the company’s presentation will be the newly updated Statistical Widgets, designed to enhance user engagement and provide bettors with deeper insights into matches and competitions.
The widgets include several data-rich features such as:
- Head-to-Head comparisons
- Game Statistics
- Team Statistics
- Timeline Widget for esports events
These tools are designed to enrich the betting experience by providing real-time information that helps players make more informed decisions.
Enhanced data visualization has become an increasingly important component of modern sportsbook platforms, as bettors expect access to detailed statistics and analytics.
Expanded Coverage of Global and Regional Sports
DATA.BET’s sportsbook platform offers extensive coverage across a wide range of sporting events, including both global tournaments and regional competitions that are particularly popular among Latin American audiences.
Among the leagues featured in the platform are:
- Brazil’s Campeonato Brasileiro Série A
- Argentina’s Liga Profesional de Fútbol
- Colombia’s Categoría Primera A
This regional focus ensures that operators can deliver localized content tailored to the preferences of Latin American bettors.
The platform also supports betting on major international tournaments, including preparations for the upcoming 2026 FIFA World Cup, which is expected to generate massive global betting activity.
Bet Builder Across Sports and Esports
Another key feature showcased at the event will be DATA.BET’s Bet Builder, which enables players to combine multiple betting selections within a single wager.
This functionality is available for both traditional sports and esports competitions, allowing bettors to create customized bets based on their predictions for different match events.
Bet Builder functionality has become a popular feature among sportsbook users because it increases engagement and provides additional betting flexibility.
Strong Focus on Esports Betting
Esports continues to experience rapid growth worldwide, particularly among younger audiences. Brazil and the broader Latin American region have developed strong esports communities, making this vertical a key focus for sportsbook providers.
DATA.BET has positioned itself as a long-standing leader in esports betting by offering extensive tournament coverage and specialized tools designed for esports audiences.
According to Otto Bonning, Head of Sales at DATA.BET, the company sees strong demand for esports betting products in Brazil and aims to support operators with comprehensive market coverage, including local competitions.
Supporting Operators Through Technology
DATA.BET continues to invest heavily in technological innovation to ensure its sportsbook platform remains reliable, scalable, and adaptable to regulated environments.
The company’s ongoing development efforts focus on:
- Improving platform stability
- Enhancing integration capabilities
- Expanding market coverage
- Supporting regulatory compliance
These improvements are designed to help operators maximize revenue opportunities while delivering a seamless betting experience to players.
Looking Ahead to SiGMA South America 2026
As one of the most influential iGaming gatherings in the region, SiGMA South America provides a valuable platform for industry stakeholders to explore new technologies, form partnerships, and discuss the future of regulated gaming markets.
DATA.BET’s participation underscores its commitment to strengthening relationships with Latin American operators and expanding its presence in one of the most dynamic betting markets in the world.
Visitors attending the event in São Paulo will have the opportunity to meet the DATA.BET team, explore the latest sportsbook innovations, and learn how the company’s technology can support growth in both sports and esports betting.
Reference Article
A similar industry article can be found on iGaming Business, a leading authority covering global gaming events and technology:
Similar article: https://igamingbusiness.com/events/sigma-south-america/
This page covers developments and announcements related to the SiGMA South America event and participating companies.
The post DATA.BET Showcases Advanced Sportsbook Solutions at SiGMA South America 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Latin America
GoldenRace partners with CPT to bring the virtual betting revolution to Colombia
GoldenRace, the internationally acclaimed world leader in virtual sports, has formalised a strategic alliance with Colombia Poker Tour (CPT), a company belonging to the transnational network APOSTAR S.A.
This collaboration confirms the arrival of cutting-edge sports simulation technology to the favourite haunts of Colombian bettors. With this agreement, GoldenRace’s cinematic quality and adrenaline rush are officially integrated into CPT’s offering.
“At GoldenRace, we are obsessed with technical perfection in order to offer the most realistic content on the market. Latin America, and especially the Colombian market, has always been a fundamental priority in our global roadmap. We have been working for years to understand the local player, and this alliance with CPT allows us to bring our leading technology to an audience that truly appreciates the quality and excitement of virtual sports.”
Martin Wachter, CEO and Founder of GoldenRace The enthusiasm is evident among the management of Colombia Poker Tour. The integration of virtual sports is seen as a turning point for the local industry.
“Virtual betting has led to a re-engineering of the service model, customers and marketing methods. This new betting model connects different audiences and is a huge gateway to innovation processes… This product is undoubtedly a great opportunity for economic growth in our country.”
Ana Catalina Rojas, Director of Products and Services, BetPlay In Colombia, the passion for racing and football knows no bounds. Thanks to this agreement, CPT users will have direct access to GoldenRace’s most successful and beloved products:
- Horse racing: A hyper-realistic experience with high-definition graphics that transport the player directly to the racetrack.
- Greyhound racing: Pure speed and dynamism, ideal for those seeking immediate results and constant excitement.
- Virtual football: The undisputed king. GoldenRace offers the most played virtual football in the world, with real odds and an interface that replicates the excitement of the best leagues on the planet.
This alliance reaffirms GoldenRace’s commitment to expanding into highly demanding regulated markets and CPT and Apostar S.A.’s vision of always offering the best to their community. The future of virtual betting in Colombia is here!
The post GoldenRace partners with CPT to bring the virtual betting revolution to Colombia appeared first on Americas iGaming & Sports Betting News.
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