| Washington, DC – March
2025 / NewsmakerAlert: U.S.
commercial gaming revenue reached an annual record of $71.92 billion in
2024, according to the American
Gaming Association (AGA) Commercial
Gaming Revenue Tracker. The total surpasses 2023’s previous high of
$66.5 billion by 7.5 percent, marking the industry’s fourth-straight record
revenue year.
The
year was punctuated by an all-time single quarter record revenue of $18.62
billion in Q4 2024.
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“In
2024, Americans embraced the diverse legal gaming options available to
them—whether in casinos, at sportsbooks, or online—leading to another record-setting
year for our industry,” said AGA
President and CEO Bill Miller. “As we build on this success, the AGA
remains committed to fostering additional growth that benefits consumers,
operators, and communities alike.”
The
commercial gaming industry continues to evolve, with online gaming making
up 30.0% of nationwide commercial gaming revenue in 2024, generating a
new annual record of $21.54 billion. Looking at each sector:
-
Traditional
Gaming: Brick-and-mortar casino slots and table games generated a record
revenue of $49.78 billion in 2024, a growth of 82 basis points compared
to 2023. On a state level, 12 out of 27 traditional gaming markets achieved
new state revenue records this year.
-
Sports
Betting: In 2024, nationwide sports betting revenue reached $13.71
billion, a 25.4% increase from 2023’s record of 11.04 billion. In addition,
the fall sports calendar propelled legal sportsbooks to their most lucrative
quarter on record for the sixth year in a row, earning $3.66 billion, up
7.3 percent from the previous record set in Q4 of 2023. Both New Jersey
and Illinois exceeded $1 billion in annual sports betting revenue for the
first time.
-
iGaming:
2024 online casino revenue grew 28.7 percent year-over-year to $8.41 billion
in the seven states with full-scale legal iGaming. All six previously established
iGaming markets achieved new annual revenue records.
In 2024,
six of the top 20 commercial casino gaming markets reported revenue growth
compared to the previous year, with the Las Vegas Strip holding its spot
as the top market by commercial revenue. The next four top-performing markets—New
Jersey, Chicagoland, Baltimore, and Washington, D.C., respectively—all
similarly maintained their positions. This year, Queens/Yonkers entered
the top five, swapping placements with the Mississippi Gulf Coast.
The
commercial gaming industry also contributed more to state and local governments’
coffers than ever in 2024. Throughout the year, commercial gaming operators
paid an estimated $15.66 billion in gaming taxes, an increase of 8.5 percent
year-over-year. The industry also contributes billions of additional tax
dollars to states each year in the form of income, sales, payroll and various
other corporate taxes.
“The
sustained growth of legal gaming is a win for our industry and the consumers
and communities we serve,” said Miller. “Every dollar of gaming revenue
fuels jobs, investment, and economic growth—reinforcing why the legal industry’s
expansion is so important.”
About
American Gaming Association
As
the national trade group representing the U.S. casino industry, the American
Gaming Association (AGA) fosters a policy and business environment
where legal, regulated gaming thrives. The AGA’s diverse membership of
commercial and tribal casino operators, sports betting and iGaming companies,
gaming suppliers, and more lead the $329 billion industry and support 1.8
million jobs across the country. Visit www.AmericanGaming.org
for more information.
Via
Social Media: LinkedIn
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Media
Contact
Dara
Cohen
Senior
Director,
Strategic
Communications & Media Relations
202-552-2675
LinkedIn |
