The U.S. commercial gaming sector achieved $78.7 billion in gross gaming revenue, a 9.2% rise from the prior year and a new record, as per the American Gaming Association’s Commercial Gaming Revenue Tracker.
In 2025, legal, state-regulated gaming produced $18.1 billion in gaming tax revenue, backing state and local education, infrastructure, and other services nationwide, representing a 15.1% uptick from 2024.
“For yet another year, legal commercial gaming in the U.S. has delivered outstanding outcomes for consumers, operators, and the communities we serve,” American Gaming Association President and CEO Bill Miller stated in a release. “These record revenues and tax contributions illustrate the widespread appeal of regulated gaming markets and why robust state oversight remains crucial as our industry progresses.”
Growth highlights in 2025 include:
- Traditional gaming brought in $50.9 billion in revenue, a 2.3% rise, while contributing $11.3 billion in taxes, a 7.2% increase.
- Sports betting revenue climbed to nearly $17 billion, a 22.8% increase, on a total handle of $166.9 billion, a 11% rise. State-regulated sportsbooks produced $3.7 billion in taxes, a 32.4% year-over-year increase.
- Igaming revenue hit $10.7 billion, a 27.6% increase, and yielded $2.6 billion in taxes, a 36.9% rise.
All 38 commercial gaming markets experienced annual revenue growth in 2025. The data, as per the AGA, underscore strong consumer enthusiasm for legal, regulated gaming and highlight the growing economic impact of state-regulated markets.
The AGA further noted that industry leaders and lawmakers continue to oppose prediction markets offering sports contracts outside state and tribal regulatory frameworks. These platforms operate without state supervision, are not held to the same consumer protection and responsible gaming standards, and do not contribute to tax revenue.
The AGA estimates that prediction markets offering sports event contracts have siphoned off over $500 million in potential sports betting tax revenue.
“With 2025 marking yet another record year, the industry’s performance reinforces a clear principle,” said Miller. “Sports betting should fall under state and tribal regulation. That is how consumers are safeguarded and how communities share in the benefits.”