US Casino Revenue Hits $79Bn Record In 2025 As Sports & Internet Betting Surges
With $79billion in total revenue, the commercial gambling business in America is expected to continue growing as the industry shifts towards online gambling and sports betting.
Commercial gaming revenue increased by 9.2% year-over-year, according to the American Gaming Association (AGA), marking the sixth consecutive year of record-breaking numbers.
Internet-based casino games and digital sports wagering accounted for most of the growth, reflecting how quickly this industry is transforming into a predominantly digital one.
While traditional brick-and-mortar casinos remained the largest revenue driver, online platforms delivered the fastest growth.
Slots Lead Casino Revenue
In 2025, physical casinos, commercial venues regulated by states rather than tribal governments, generated $50.94bn in revenue.
While this is a small 2.3% increase over 2024, it is the highest revenue recorded in the history of in-person gaming; slot machines accounted for the majority of revenue of $37.12bn, with players continuing to prefer traditional high-margin games.
Last year, the sports betting industry reached its highest level of revenue growth, with American bettors placing a total of $166.94bn in wagers on sporting events.
"Commercial gaming revenue increased by 9.2% year-over-year, according to the American Gaming Association (AGA), marking the sixth consecutive year of record-breaking numbers for commercial gaming revenue."
Online First Choice For Sports Betting
Sports betting operators earned $16.96bn from these casino-style betting operations, and an overwhelming majority (96.5%) of those bets were placed online.
Thus, there is no doubt that using mobile apps and digital platforms to place sports wagers remains the preferred method for most bettors.
During that time, the best online slots and table games generated approximately $10.74bn in revenue.
In some states, the growth rate of online casino revenues exceeded 20%, indicating pent-up demand from the public for home-based gaming.
Combined, revenues from the best online casinos and sports betting account for almost $27bn, strong evidence of the internet's contribution to the industry.
States Leading The Charge
There is a strong presence from states where online gambling is already legalized, and from those where state law does not currently permit state and online casinos.
New Jersey and Pennsylvania have set new record totals at online casinos, while Michigan is rapidly becoming an emerging state for online gaming.
The development of sports wagering has increased significantly since the 2018 United States Supreme Court decided to eliminate the federal ban on sports wagering.
Since then, multiple US states have legalized sports wagering and generated new tax revenue for themselves as well as providing their citizens with opportunities to place legal wagers on sporting events.
In total, all 38 states with commercial casinos reported revenue growth in 2025, a rare across-the-board achievement.
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Looking Ahead
The $79bn estimate accounts only for revenue generated by the commercial casino sector, but total US gaming revenue (including tribal casino revenue) is likely to exceed $125bn in 2025.
The US gaming industry has had six consecutive years of record earnings, legalization expansion and continuous innovation in mobile platforms that create the potential for continued growth.
As an increasing number of players utilize digital wagering and online casino games, the internet will become a foundational element in the future of the gaming industry, rather than a complement to brick-and-mortar casinos.
