US Gaming Market Continues Record Growth
The US commercial gaming sector posted its sixth consecutive year of record revenue, reaching $78.72 billion, driven by new monetization models and platforms.
That $78.72 billion figure represents a 9.2% increase over 2024. All 38 states with commercial gaming saw revenue increases. The industry also generated $18.1 billion in state gaming taxes, up 15.1% from the previous year. Traditional casino gaming is still a huge piece of the pie, generating $50.9 billion, a 2.3% increase. Casino admissions rose 5.3% in states that track it, driving a 2.5% increase in land-based revenue. However, online gaming and sports betting are growing much faster. Sports betting revenue jumped 22.8% to $17 billion, with Americans wagering $166.9 billion. Online gaming produced $10.7 billion in revenue, a 27.6% increase. iGaming is now so strong in New Jersey, Pennsylvania, and Michigan that it surpasses brick-and-mortar revenue. Looking ahead, the US gaming market is projected to reach $103.58 billion by 2031. That would represent a CAGR of 8.5%. Much of this growth is expected to come from mobile gaming and subscription services.