US commercial gaming revenue reaches $78.7bn in 2025, driving record $18.1b in gaming taxes
Commercial gaming breaks record for sixth consecutive year
The US commercial gaming industry reached a record high in 2025, generating $78.72bn in gross gaming revenue (GGR), a 9.2 per cent increase over the previous year, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. In 2025, legal, state-regulated gaming generated $18.09bn in gaming tax revenue, supporting state and local education, infrastructure, and other services across the country, up 15.1 per cent over last year.
“For another year, legal commercial gaming in the United States has delivered exceptional results for consumers, operators, and the communities we serve,” said Bill Miller, President and CEO of the American Gaming Association. “These record revenues and tax contributions demonstrate the broad appeal of regulated gaming markets and why strong state oversight remains essential as our industry evolves.”
Traditional Gaming generated $50.94bn in revenue, up 2.3 per cent, while contributing $11.33bn in taxes, a 7.2 per cent increase. Sports Betting revenue rose to $16.96bn, a 22.8 per cent increase, on a total handle of $166.94bn (+11 per cent). State-regulated sportsbooks generated $3.71bn in taxes, up 32.4 per cent year-over-year. iGaming reached $10.74bn in revenue (+27.6 per cent) and delivered $2.59 billion in taxes, a 36.9 per cent increase.
All 38 commercial gaming markets saw annual revenue increases in 2025. These figures reinforce strong consumer enthusiasm for legal, regulated gaming and highlight the expanding economic impact of state-regulated markets.
Industry leaders and lawmakers continue to take a stand against prediction markets offering sports contracts outside state and tribal regulatory frameworks. These platforms operate without state oversight, are not subject to the same consumer protection and responsible gaming standards, and do not contribute tax revenue.
Even with a record state-regulated gaming tax impact in 2025, the AGA estimates that prediction markets offering sports event contracts have diverted more than $500m in potential sports betting tax revenue to date.
“With 2025 marking another record year, the industry’s performance reinforces a clear principle,” added Miller. “Sports betting belongs under state and tribal regulation. That’s how consumers are protected and how communities share in the benefits.”
