US sports betting has moved more than $720 billion in lifetime handle since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, generating over $63 billion in gross gaming revenue (GGR) for operators.
This tracker pulls together the handle, revenue, hold, and tax figures reported by every legal market, so you can see how much has been wagered across the online sportsbooks in the US in the US, how much sportsbooks have kept, and how much has gone to state treasuries.
The numbers on this page are updated through at least July 2026 regulator data and American Gaming Association estimates.
| Lifetime Handle | $727B (est.) |
| Gross Revenue | $66B (est.) |
| Avg. Hold | 9.1% |
| State Taxes | ~$13.7B (est.) |
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Sports Betting Revenue by State
The table below shows cumulative handle, gross revenue, hold, and taxes since each market launched:
| State | Handle | Gross Revenue | Hold | Taxes | Launched | Market |
|---|---|---|---|---|---|---|
| New York | $104,207,870,712 | $9,436,409,763 | 9.1% | $4,812,568,979 | 2022 | Online + Retail |
| New Jersey | $77,294,000,000 | $6,260,000,000 | 8.1% | $950,400,000 | 2018 | Online + Retail |
| Illinois | $68,434,763,758 | $5,898,894,018 | 8.6% | $1,585,247,549 | 2020 | Online + Retail |
| Nevada | $58,120,000,000 | $3,550,000,000 | 6.1% | $239,600,000 | pre-PASPA | Online + Retail |
| Pennsylvania | $47,767,869,582 | $4,246,644,482 | 8.9% | $1,040,088,537 | 2018 | Online + Retail |
| Arizona | $36,697,000,000 | $3,250,000,000 | 8.9% | $198,600,000 | 2021 | Online + Retail |
| Virginia | $32,625,000,000 | $3,318,000,000 | 10.2% | $424,300,000 | 2021 | Online |
| Ohio | $32,411,000,000 | $3,482,000,000 | 10.7% | $643,000,000 | 2023 | Online + Retail |
| Colorado | $32,115,000,000 | $2,456,000,000 | 7.6% | $164,500,000 | 2020 | Online + Retail |
| Indiana | $29,029,000,000 | $2,654,000,000 | 9.1% | $252,200,000 | 2019 | Online + Retail |
| Michigan | $27,935,000,000 | $2,727,000,000 | 9.8% | $139,300,000 | 2020 | Online + Retail |
| Tennessee | $25,717,000,000 | $2,498,000,000 | 9.7% | $465,000,000 | 2020 | Online |
| Massachusetts | $25,647,000,000 | $2,537,000,000 | 9.9% | $492,600,000 | 2023 | Online + Retail |
| Maryland | $22,049,000,000 | $2,534,000,000 | 11.5% | $317,000,000 | 2021 | Online + Retail |
| North Carolina | $17,577,978,173 | $1,829,781,334 | 10.4% | $334,431,626 | 2024 | Online |
| Louisiana | $15,589,000,000 | $1,937,000,000 | 12.4% | $292,600,000 | 2021 | Online + Retail |
| Iowa | $14,862,000,000 | $1,194,000,000 | 8.0% | $80,600,000 | 2019 | Online + Retail |
| Kansas | $9,666,000,000 | $915,000,000 | 9.5% | $53,700,000 | 2022 | Online + Retail |
| Connecticut | $9,551,000,000 | $1,013,000,000 | 10.6% | $110,100,000 | 2021 | Online + Retail |
| Kentucky | $8,262,000,000 | $922,000,000 | 11.2% | $127,400,000 | 2023 | Online + Retail |
| New Hampshire | $4,893,000,000 | $456,000,000 | 9.3% | $203,000,000 | 2019 | Online + Retail |
| Oregon | $4,090,000,000 | $452,000,000 | 11.1% | $225,900,000 | 2019 | Online |
| West Virginia | $3,562,000,000 | $346,000,000 | 9.7% | $78,600,000 | 2018 | Online + Retail |
| Mississippi | $3,504,000,000 | $394,000,000 | 11.2% | $47,200,000 | 2018 | Retail only |
| Rhode Island | $3,239,000,000 | $275,000,000 | 8.5% | $140,200,000 | 2018 | Online + Retail |
| Missouri | $2,559,000,000 | $357,000,000 | 14.0% | $10,300,000 | 2025 | Online + Retail |
| Arkansas | $2,514,000,000 | $202,000,000 | 8.0% | $29,600,000 | 2019 | Online + Retail |
| District of Columbia | $2,476,000,000 | $284,000,000 | 11.5% | $72,500,000 | 2020 | Online + Retail |
| Maine | $1,536,000,000 | $167,000,000 | 10.9% | $17,000,000 | 2023 | Online |
| Delaware | $1,207,000,000 | $172,000,000 | 14.3% | $103,400,000 | 2018 | Online + Retail |
| Wyoming | $941,000,000 | $100,000,000 | 10.6% | $6,300,000 | 2021 | Online |
| Vermont | $572,000,000 | $63,000,000 | 11.0% | $18,300,000 | 2024 | Online |
| Montana | $354,000,000 | $46,000,000 | 13.0% | $6,600,000 | 2020 | Retail (lottery) |
| Nebraska | $217,000,000 | $21,000,000 | 9.7% | $4,300,000 | 2024 | Retail only |
| South Dakota | $45,000,000 | $4,000,000 | 8.9% | $400,000 | 2021 | Retail only |
| US Total | $727,266,482,225 | $65,997,729,597 | ~9.1% | $13,686,836,691 | - | - |
Legal but not fully reporting on handle and revenue (tribal compact or lottery-run): Florida, Washington, Wisconsin, North Dakota, New Mexico.
How Big is the US Sports Betting Market?
Legalized sports betting is now live in 39 states plus the District of Columbia, covering more than half of American adults. The industry grew every year from 2018 through 2025, and 2025 set a record: sportsbooks reported $16.96 billion in gross revenue, up from $430 million in the first partial year of 2018.
Two of the largest states, California and Texas, have yet to legalize sports betting.
Missouri is the newest market, going live in December 2025. Nebraska voters will decide on online sports betting in the November 3, 2026 election.
| Year | Handle | Gross Revenue | Hold |
|---|---|---|---|
| 2018 | $6.6B | $430M | 6.5% |
| 2019 | $13.0B | $908M | 7.0% |
| 2020 | $21.5B | $1.5B | 7.0% |
| 2021 | $57.7B | $4.3B | 7.4% |
| 2022 | $93.8B | $7.5B | 8.0% |
| 2023 | $121.1B | $11.0B | 9.1% |
| 2024 | $149.6B | $13.7B | 9.2% |
| 2025 | $166.9B | $16.69B | 10.2% |
| 2026 YTD | ~$93B | ~$9.4B | ~10% |
Handle vs Revenue: What the Numbers Mean
The headline figures on this page use four terms that are easy to mix up. Here is what each one measures.
| Metric | What It Measures |
|---|---|
| Handle | The total amount wagered by bettors. It counts every dollar staked, including money that is won and re-bet, so it runs far higher than what sportsbooks earn. |
| Gross revenue | What operators keep after paying out winning bets, also called gross gaming revenue (GGR). This is the real measure of sportsbook income. |
| Hold | Revenue as a percentage of handle, in other words, the share of every dollar wagered that the sportsbook keeps. The national average sits near 9%. |
| Taxes | The portion of gross revenue paid to the state. Rates run from single digits to 51% in New York. |
Which States Have Legal Sports Betting?
Sports betting has spread to 39 states and Washington, DC since 2018, though the format differs by market.
Some states allow both online and retail sports betting; some are online-only; and a handful operate through retail counters or state lotteries.
A few markets are legal but do not publish full handle and revenue data, usually because betting runs through tribal compacts or a lottery monopoly.
| Market Type | States | Examples |
|---|---|---|
| Online + retail | 24 | New York, New Jersey, Illinois |
| Online only | 7 | Virginia, Tennessee, North Carolina |
| Retail only | 3 | Mississippi, Nebraska, South Dakota |
| Retail via lottery | 1 | Montana |
| Legal, not fully reporting | 5 | Florida, Washington, Wisconsin, and more |
Top 15 States by Sports Betting Tax Revenue
Sports betting has delivered more than $13 billion in state and local tax revenue since 2018. New York alone accounts for just over a third of that total, thanks to a 51% tax on online gross revenue, the highest statutory rate in the country. Illinois has also become a major contributor through a tiered revenue tax plus a per-wager charge, which pushes its effective rate for the largest operators well above its headline tiers.
Rates keep moving. Louisiana, Maryland and New Jersey raised their rates in 2025, and North Carolina’s rose from 18% to 23% in July 2026, so lifetime tax totals in those states reflect more than one rate.
Tax design shapes how much a state collects: a high rate on a large market, as in New York, raises far more than a low rate on a similar volume of bets, which is why states with smaller handles but higher tax rates can still rank well on total tax take.
| Rank | State | Lifetime Tax Revenue | Share of US Total |
|---|---|---|---|
| 1 | New York | $4,812,568,979 | 35.2% |
| 2 | Illinois | $1,585,247,549 | 11.6% |
| 3 | Pennsylvania | $1,040,088,537 | 7.6% |
| 4 | New Jersey | $950,400,000 | 6.9% |
| 5 | Ohio | $643,000,000 | 4.7% |
| 6 | Massachusetts | $492,600,000 | 3.6% |
| 7 | Tennessee | $465,000,000 | 3.4% |
| 8 | Virginia | $424,300,000 | 3.1% |
| 9 | North Carolina | $334,431,626 | 2.4% |
| 10 | Maryland | $317,000,000 | 2.3% |
| 11 | Louisiana | $292,600,000 | 2.1% |
| 12 | Indiana | $252,200,000 | 1.8% |
| 13 | Nevada | $239,600,000 | 1.8% |
| 14 | Oregon | $225,900,000 | 1.7% |
| 15 | New Hampshire | $203,000,000 | 1.5% |
Why Promotions Drive Handle and Revenue
Sportsbook promotions are among the main drivers of these figures. Operators such as FanDuel, DraftKings, and BetMGM use deposit matches, bonus bets, and odds boosts to attract new bettors and keep existing ones active.
In newly launched states, these offers help operators build early market share, and as a market matures, the focus shifts from acquisition to retention.
That pattern shows up in the data, with handle and promotional spend spiking in the months after each new state goes live.
How We Compile This Data
Every figure on this page comes from official state gaming regulators, such as the New York State Gaming Commission, the New Jersey Division of Gaming Enforcement, and the Pennsylvania Gaming Control Board.
We collect each state's monthly report as it is published, cross-check the totals against the American Gaming Association's annual State of the States figures, and update this tracker so the numbers reflect the latest complete data.
Revenue figures represent gross gaming revenue, meaning total wagers minus winnings paid to bettors, before promotional deductions, except where a state reports only on a promotion-adjusted basis. Because states differ in how they treat promotional credits and retail versus online wagering, hold percentages are not always directly comparable between markets.
Frequently Asked Questions
How much money is bet on sports in the US each year?
Since the industry's expansion began in 2018 following the repeal of PASPA, cumulative handle has surpassed $695 billion, reflecting how quickly legal wagering has scaled across the country.
US bettors wagered almost $167 billion in 2025 alone, continuing the rapid growth trend seen since legal sports betting expanded nationwide.
How much revenue do sportsbooks make?
Since 2018, operators have retained over $63 billion in gross gaming revenue out of the $695 billion wagered nationally. That translates to a national hold rate of roughly 9%, meaning sportsbooks keep about nine cents of every dollar bet after paying out winning wagers, a figure consistent with industry-wide averages.
Which state has the most sports betting revenue?
New York leads the nation in both total handle and gross gaming revenue, with New Jersey and Illinois following closely behind as the next-largest markets. New York also collects more tax revenue than any other state, largely driven by its steep 51% tax rate on online sports betting revenue.
How much tax has sports betting generated?
Legal sports betting has generated more than $12 billion in combined state and local tax revenue since the market opened up in 2018. This revenue stream has become an increasingly significant contributor to state budgets, funding programs ranging from education to problem gambling services in many jurisdictions nationwide.
Which states do not have legal sports betting?
California and Texas, the two most populous states in the country, still have not legalized sports betting despite repeated ballot and legislative efforts. Other states without legal sports betting include Alabama, Alaska, Georgia, Hawaii, Idaho, Minnesota, Oklahoma, South Carolina, and Utah.
