U.S. commercial gaming revenue hit an all-time high of $71.92 billion in 2024, continuing a four-year streak of record-breaking growth. The industry’s performance was driven by strong consumer demand across casinos, sportsbooks, and online platforms. The 2024 commercial gaming revenue figure represents a 7.5% increase over 2023’s previous record.

  • The final quarter of 2024 set a new single-quarter revenue record of $18.62 billion, reinforcing the industry’s steady growth. AGA President and CEO Bill Miller credited the success to increased access to legal gaming options and industry expansion. He emphasized the AGA’s commitment to supporting further growth that benefits consumers, operators, and local communities.

  • Online gaming accounted for 30% of total revenue, reaching $21.54 billion, the highest annual figure recorded. Traditional brick-and-mortar gaming also saw gains, generating $49.78 billion, a slight increase from 2023. Meanwhile, 12 of the 27 traditional gaming markets set new state revenue records.

  • Sports betting revenue grew significantly, reaching $13.71 billion, up 25.4% from 2023. The fourth quarter alone brought in $3.66 billion, making it the most profitable quarter in six years. New Jersey and Illinois surpassed $1 billion in annual sports betting revenue for the first time.

  • The iGaming sector expanded by 28.7% year-over-year, generating $8.41 billion in seven states with full-scale online casinos. All six previously established iGaming markets reported new revenue highs.

  • Six of the top 20 U.S. gaming markets posted revenue growth in 2024. The Las Vegas Strip maintained its position as the highest-grossing market, followed by New Jersey, Chicagoland, Baltimore, and Washington, D.C. Queens/Yonkers moved into the top five, overtaking the Mississippi Gulf Coast.

  • The industry’s tax contributions reached a record $15.66 billion, an 8.5% increase from 2023. Additional tax revenue from income, sales, payroll, and corporate taxes provided further financial support to state and local governments.

  • “The sustained growth of legal gaming is a win for our industry and the consumers and communities we serve,” said Bill Miller. He emphasized that every gaming dollar drives job creation, investment, and broader economic growth.

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