U.S. Commercial Casino Revenue Hits Record $72 B in 2024 as Digital Verticals Fuel Growth
In what marks the third consecutive record year, the U.S. commercial gaming sector achieved $72 billion in GGR for 2024, representing a 7.5 % increase over 2023. State and local tax collections on that revenue also climbed sharply—8.5 % year over year—totaling $15.9 billion.
While traditional casino operations (slots, live tables) contributed the bulk of revenue, it was the online components that powered much of the growth. From 2023 to 2024, iGaming revenue leapt by 29 %, and sportsbooks (retail + online) increased their take by 25 %. Meanwhile, land-based casino win saw just a modest 1 % rise to about $49.9 billion.
The expanding footprint of legal online gambling also bolsters the sector’s outlook. Although iGaming is currently available in just seven states, sportsbooks operate in 34 states. Analysts flag continued expansion into new states and sustained digital momentum as key drivers. Nonetheless, pressures remain—from regulatory risks, consumer discretion under economic strains, and the need for operators to balance capital investment with sustainable margins.
