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AGA reports US commercial gaming revenue of $17.67bn in Q1

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The American Gaming Association reported $17.67bn in US commercial gaming revenue for the first quarter of 2024. Its tracker recorded $1.98bn from igaming and $3.33bn from sports betting revenue, with sports betting handle at $38.86bn. The association also said operators paid $14.67bn in direct gaming taxes to state and local governments in 2023.

The breakdown gives operators and investors a view of quarterly revenue across major US gaming sectors.

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US House subcommittee examines campus sports betting on Wednesday

The House Subcommittee on Higher Education and Workforce Development will hold a hearing on campus sports betting at 10:15 a.m. on Wednesday in Washington, D.C., a media report said. Lawmakers will examine student gambling, harassment of student-athletes and the legality of college player prop bets.

A hearing on gambling on college campuses is scheduled for 10:15 a.m. on Wednesday, the House Subcommittee on Higher Education and Workforce Development confirmed. The examination will cover gambling by students, abuse directed at student-athletes and whether college player prop bets are legal.

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