US commercial gaming revenue reaches new high for fourth consecutive year

(PRESS RELEASE) -- The U.S. commercial gaming industry set a new revenue record for the fourth consecutive year in 2024, according to data compiled by the American Gaming Association. Total revenue from land-based casino games, sports betting and iGaming reached $71.92 billion for the calendar year, a 7.5% increase over the previous record set in 2023.

With the inclusion of tribal gaming revenue, which will be reported by the National Indian Gaming Commission later this year, total 2024 U.S. gaming revenue is expected to approach $115 billion.

??? During our State of the Industry webinar, AGA President and CEO @BillMillerAGA provided a high-level look at key trends that impacted the gaming industry in 2024.

Watch the full webinar that includes our priorities for 2025 ??https://t.co/dudcA8mn2j pic.twitter.com/rRxnsPpX3o

— American Gaming Association (@AmericanGaming) February 19, 2025

Most of the primary verticals within the gaming industry set revenue records in 2024, including casino slots, sports betting and iGaming.

Slot machines generated $36.06 billion, up 1.6 percent, while table game revenue contracted by 1.7 percent year-over-year to $10.14 billion. Collectively, traditional casino slots and table games generated $49.78 billion in revenue, an increase of 82 basis points compared to 2023.

Sports betting continued to see significant growth, increasing 25.4 percent from 2023 and reaching $13.71 billion in revenue. iGaming also had another strong year, expanding 28.7 percent year-over-year to $8.40 billion.

In-person gaming remains the bedrock of the industry despite online gaming claiming an increased slice of the revenue pie in 2024. Commercial land-based gaming—encompassing casino slot machines, table games and retail sports betting—accounted for $50.32 billion, or 70.0 percent, of total revenue in 2024. Meanwhile, online gaming—comprising online sports betting and iGaming—generated $21.54 billion, 30.0 percent of total revenue.