AGA Reports US Commercial Gaming Revenue Continues Record Trajectory in 2024
The American Gaming Association's annual commercial gaming revenue report for 2024 confirmed another year of strong growth for the US gambling industry, with revenues from land-based casinos, online sports betting, and iGaming all contributing to continued record-setting performance.
Key Takeaways
- US commercial gaming revenue continued its multi-year growth trend in 2024 per AGA annual reporting
- The AGA tracks commercial gaming revenue across land-based casinos, sports betting, and iGaming
- Online sports betting (mobile sportsbooks) and iGaming (online casino) were the fastest-growing segments
- Nevada's land-based casino market maintained strong performance driven by Las Vegas tourism and events
- Missouri's November 2024 ballot approval and other new market entries are expected to contribute to 2025 figures
- The AGA publishes detailed monthly and annual commercial gaming revenue reports covering all licensed US states
Why It Matters — Players
Why It Matters — Operators
The American Gaming Association published its annual commercial gaming revenue report for 2024 in early 2025, confirming another year of strong growth for the US licensed gambling industry. The AGA's annual report covers commercial gaming revenue across all licensed segments — land-based casinos, online sports betting (both retail and mobile), and online casino gaming (iGaming) — and is the most comprehensive overview of US gambling industry economic performance available to the public.
Revenue Drivers in 2024
Online sports betting and iGaming continued to be the fastest-growing segments of US commercial gaming in 2024. The continued expansion of licensed state sports betting markets (including Ohio, Massachusetts, and Kentucky from 2023 launches) contributed to full-year handle growth. The established iGaming markets in New Jersey, Pennsylvania, Michigan, and other licensed states showed continued revenue growth.
Land-based casino revenues in Nevada and major regional markets also performed strongly. Las Vegas in particular continued to benefit from major events including the Formula 1 Las Vegas Grand Prix (which in its first year — November 2023 — had generated significant visitor spending) and continued to attract high-spend gaming visitors from domestic and international markets.
The AGA's Role
The American Gaming Association is the primary trade association representing the US commercial gambling industry. Its revenue reporting provides the most authoritative publicly available data on US commercial gaming performance, drawing on state gaming regulator data from across the country. The AGA's monthly and annual reports are closely followed by operators, investors, policy makers, and media covering the US gambling industry.
Looking Ahead to 2025
The AGA's 2025 annual report is expected to capture the additional revenue contribution from states that approved or launched sports betting in late 2024 and 2025, including Missouri (where the November 2024 ballot approval of Proposition M was expected to lead to a 2025 launch). Any additional iGaming state launches in 2025 would also be captured in future AGA reporting.
- Source:
- American Gaming Association
- Published:
- February 20, 2025
- Original Article:
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