AGA releases “2025 State of the States” report

05/14/25

The report offers a comprehensive snapshot of the commercial gaming landscape nationwide.

Press release.- The American Gaming Association (AGA) has released the 2025 State of the States report, offering a comprehensive snapshot of the commercial gaming landscape nationwide.

The report shows the US commercial gaming industry generated record-breaking revenue for a fourth consecutive year in 2024, driven by strong growth in igaming and mobile sports betting.

In 2024, 28 of the 38 jurisdictions with commercial casinos, igaming or sports betting operations not only saw a rise in annual gaming revenue but also set all-time annual revenue records. Notably, North Carolina and Vermont reported commercial gaming revenue for the first time after their regulated markets for mobile sports betting were launched during the course of the year.

Commercial casino gaming consumer spend by state 2023 vs. 2024

The increase in gaming revenue resulted in a record $15.91bn of direct gaming tax revenue paid to state and local governments by commercial gaming establishments, an 8.5 per cent increase compared to 2023. This figure just includes specific state and local taxes directly linked to gaming activities and does not include the billions of dollars more paid by the industry in the form of income taxes, sales taxes or various corporate taxes, nor does it incorporate the payroll taxes paid by gaming operators and suppliers. Federal excise tax payments made by sports betting operators are also excluded from the total.

Commercial casino direct gaming tax revenue by state 2023 vs 2024

Across the 492 commercial casinos around the country, revenue from traditional casino games grew by one per cent in 2024 to a record $49.89bn. Legal sports betting launched in North Carolina and Vermont in 2024, helping drive commercial sports betting revenue up 24.8 per cent to $13.78bn as Americans legally bet a total of $149.90bn on sports throughout the year.

The igaming market also continued its strong growth in 2024, with combined igaming revenue from seven active states (excluding Nevada’s online poker only market) reaching $8.41bn, a 28.7 per cent increase year-over-year. That total includes $26.3m in revenue from Rhode Island, which launched igaming in March and was the first new market to open since Connecticut in late 2021.