The American Gaming Association has reported that commercial gaming revenue reached $19.44 billion in the second quarter of this year.
Combined revenue from the land-based casinos, sports betting sites and apps and iGaming has increased by 9.8% year-over-year and Q2 2025 was the eighteenth consecutive quarter to achieve growth on its equivalent quarter from the previous year.
The AGA’s commercial gaming revenue tracker provides national and state level insight into the US gaming industry’s financial performance.
It is based on state regulatory reports so does not include revenue from tribal casinos, lotteries and unregulated gaming from offshore casinos or sweepstake operators.
A total of $4.59 billion was collected in gaming taxes to bolster state and local government, a year-on-year rise of 18.8%.
Increases Across All US Gaming Verticals
The AGA revealed that figures for the second quarter of this year showed continued growth across land-based and online gaming.
Land-based gaming was responsible for around two-thirds of the $19.44 billion generated in Q2 2025.
Quarterly revenue from casino slots, table games and retail sports betting reached $12.93 billion, which was a 2.8% year-over-year increase.
Online gaming accounted for 33.2% of commercial gaming revenue, continuing quarterly trend, with online sports betting apps and iGaming combined contributing $6.44 billion.
Online sports betting was a particularly strong performer and in June alone achieved a 39.5% year-over-year increase.
37 States See Rising Revenues
There are 38 states with commercial gaming and all but one returned better figures in Q2 2025 than in the same period the previous year.
Five states saw commercial gaming revenue exceed $1 billion during the period from April through June.
Nevada led the way with gross gaming revenue (GGR) of $3.85 billion, an increase of 0.3% year-over-year.
Pennsylvania posted $1.91 billion, a 16.1% rise, while New Jersey reported $1.73 billion, an increase of 14.6%
New York also celebrated a double-digit rise, 11.1%, with GGR of $1.45 billion while Michigan weighed in with $1.2 billion, a healthy 18.3% increase.
The one exception was North Carolina, which dropped 18.5% year-over-year with $170.1 million.
The five top earners all offer online sports betting, while Michigan, New Jersey and Pennsylvania also offer iGaming.
North Carolina only has commercial sports betting.
Sports Betting Hits Record Numbers
Revenue from sports betting between April and June grew 20.6% to $3.92 billion, a second-quarter revenue record for the segment.
All 34 regulated states reported a year-over-year increase for the month of June as combined revenue for sports betting increased by 39.5%.
Second quarter commercial sports betting handle increased 11.7% with Americans wagering $36.05 billion on sports.
Jim Munro is a betting industry and gambling expert who has been a national newspaper journalist for over 30 years, predominantly at The Sunday Times and The Sun, where he wrote a weekly soccer betting column. Jim also worked on the launch of Virgin Bet with Gamesys and was subsequently head of editorial at LiveScore, the sports media and betting group.
