US casino operators had reason for optimism in October, the sixth straight month of sequential gaming revenue growth, but early indications are that November will put an end to this winning streak. 

The latest Commercial Gaming Revenue Tracker figures released Tuesday by the American Gaming Association (AGA) lobby group shows US operators generated combined revenue of $3.38b in October, a 7% decline from the same month last year but up 6.3% from September 2020. 

Slots ($2.1b, -10.6% year-on-year) and table games ($543m, -17%) continue to suffer from the casinos’ pandemic capacity restrictions, but sports betting revenue jumped 53.5% to $237.5m while online casino revenue more than tripled year-on-year to $156m.  

For the year-to-date, total gaming revenue is down just over one-third to $24.1b, with slots (-35.5%) and tables (-40.2%) dragging down the total. By comparison, sports betting gained one-third to $915.4m and online casinos soared 206.2% to a downright impressive $1.23b.