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AGA Reports Record Revenue Growth in Sports Betting and Online Gaming for 2025
The American Gaming Association (AGA) released its annual “State of the States” report, detailing the commercial gaming industry’s financial performance in 2025. The report highlights significant growth in both sports betting and online gaming sectors.
In 2025, total revenue from commercial sports betting operations reached $16.89 billion, a 22.7% increase from 2024. This surge in revenue underscores the continued expansion and popularity of sports betting across the United States. The report notes that this figure does not include revenue from sportsbooks in tribal casinos or from mobile sports betting in Florida, which is conducted as a form of tribal gaming.
Revenue across the seven states with online casino gaming surged 27.6% to a record total of $10.73 billion. Pennsylvania, which continues to report significant monthly growth, remains the largest market with a 28% increase in 2025 to $3.46 billion. In Pennsylvania and New Jersey, total iGaming revenue surpassed commercial land-based casino revenue for the first time in 2025.
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