Record U.S. Gaming Revenue: $6.73B in May 2025 and $72B Full Year 2024

In 2024, the U.S. commercial gaming industry achieved its continuous 4th year record of revenue, generating approximately $72 billion, which is a 7.5% increase compared to revenue generated in 2023.

The annual total is commonly reported as $71.92 billion or $72.04 billion in different publications.

Key Growth Drivers: iGaming & Mobile Sports Betting

While the traditional casinos remain strong by generating nearly $49.8 billion in 2024, which is nearly a 1% rise in growth. The real growth appeared from online games.

• iGaming, which included online casino games like poker or slots on your phone or laptop, made $8.41 billion, a 28.7% jump.

• Sports betting, like legally betting on football or cricket, made around $13.7 billion, growing 25%, especially after new states like North Carolina and Vermont allowed it in 2024.

Since then, more people are betting and playing online more than ever before, and that's what's really making the money go up.

Quick Glance at May 2025 Performance

In May 2025 alone, U.S. gambling businesses made $6.73 billion, which is 10.9% more compared to May 2024. That makes it the biggest May ever for gaming.

Most of the money in the month of May came from these following categories:

Up until May of this year, the U.S. had already made $31.9 billion, which is 7.1% more than they had at this point last year.

Tax Revenue & Economic Impact

The gaming industry paid $15.9 billion in taxes to the government in 2024. The tax money is used by the government to support important factors like schools, hospitals, and roads. This adds to the development of the country.

The total tax beat all previous records by reaching 8.5% more than it was in 2023.

Market Outlook & Executive Sentiment

Although the economy might be struggling in 2025, casino CEOs are still hopeful. Almost half of them think that their business will keep growing, and they are planning to spend more money to improve or expand their casinos and apps.

Conclusion

The U.S. gaming industry is not just breaking records, they are rebuilding the future of entertainment and the economy. With online casinos and sports betting showing the path, the growth shows no signs of slowing down.

As more states embrace digital gaming and more people join in, the numbers are only expected to rise. Whether you are an investor, a player, or just curious about this industry, one thing is quite clear that gaming in America is bigger than ever, and it is just getting started.