The US commercial gaming sector continues to go from strength to strength, with total revenue hitting $72bn in 2024, a new all-time high for the fourth consecutive year. The American Gaming Association (AGA) released its “State of States” report of the final results on Tuesday; the figures do not include the performance of tribal operations.
Online casinos and sportsbooks were the main drivers of the 7.5% year-on-year rise. Vermont and North Carolina were the new entrants to the sports betting market, which saw an overall bump of 25% to $13.8bn in revenue. iGaming generated $8.4bn despite online casinos being available in just seven states.
28 of the 38 states with commercial operations experiencing a record-breaking 12 months
Governments across the country benefited to the tune of almost $16bn in tax revenue, with 28 of the 38 states with commercial operations experiencing a record-breaking 12 months. The most standout performers were the 182% increase in Washington D.C. after the end of a tumultuous sports betting monopoly and a 148% improvement in Kentucky.
Remarking on the strong results in 2024, AGA President and CEO Bill Miller said: “More Americans than ever before have access to, and allocate their entertainment budgets to, the legal, regulated gaming market.”
