- US online casino revenue reached $10.74 billion in 2025, up 27.6%, according to the American Gaming Association.
- Michigan reported $3.1 billion in gross receipts, New Jersey $2.91 billion in Internet Gaming Win and Pennsylvania $2.78 billion in iGaming revenue for 2025.
- New Jersey's online casinos won $2.40 billion in January to September 2026, 13.2% more than a year earlier.
- States measure revenue differently, especially in how they treat promotional credits, so state totals are not like-for-like.
Online casino revenue in the United States comes from seven states with regulated markets: New Jersey, Pennsylvania, Michigan, West Virginia, Connecticut, Delaware and Rhode Island. Their combined commercial online casino revenue was $10.74 billion in 2025, a 27.6% increase on 2024, according to the American Gaming Association. Michigan, New Jersey and Pennsylvania each reported between $2.7 billion and $3.1 billion on their own measures, and together account for most of the national total.
Maine has legalised online casino but had not launched by October 2026, so it has no revenue data yet.
2025 revenue by state
| State | 2025 online casino revenue | Measure used | Source |
|---|---|---|---|
| Michigan | $3.1bn gross; $2.9bn adjusted | Gross receipts; adjusted gross receipts after allowable free play (the taxable base) | Michigan Gaming Control Board, 21 Jan 2026 (published rounded) |
| New Jersey | $2,911,241,318 (+22.0%) | Internet Gaming Win | NJ Division of Gaming Enforcement, 16 Jan 2026 |
| Pennsylvania | $2,775,554,529 (+27.2%) | iGaming revenue as reported by the Gaming Control Board (taxable base) | PA Gaming Control Board, 21 Jan 2026 |
| Connecticut | $707.5m (+31.7%) | As reported by the AGA; state payments were $108.3m at an 18% rate | AGA State of the States 2026; CT Department of Consumer Protection |
| West Virginia | $439,159,670 (July 2025 to June 2026) | Adjusted gross interactive gaming receipts, fiscal year | WV Lottery report to the Legislature, 20 Jul 2026 |
| Delaware | $132.5m (+111.7%) | As reported by the AGA (BetRivers, the only platform) | AGA State of the States 2026 |
| Rhode Island | about $58.0m | Sum of monthly revenue | Legal Sports Report tracker (secondary) |
Pennsylvania's two numbers
Pennsylvania is the state most often quoted with two different totals. The Gaming Control Board's year-end release gives $2.78 billion for 2025, and this is the base its tax is calculated on: applying the statutory 54% rate to online slots and 16% to tables and poker reproduces the board's reported tax. The AGA and Legal Sports Report give about $3.46 billion, which appears to be revenue before promotional deductions, although we did not find a board document that defines that series. We use the board's figure in our table because it is the regulator's own published number and the tax base. If you quote the larger figure, say which series it is.
Connecticut has a similar gap. Payments to the state of $108.3 million at 18% imply a payment base of about $601 million on our arithmetic, below the AGA's $707.5 million. The state's data notes say the payment base is revenue after promotional deductions, which have been capped at 15% of win since October 2023.
The latest 2026 months
| State | Latest month | Revenue | Year on year | Source |
|---|---|---|---|---|
| New Jersey | September 2026 | $274,782,098 | +13.0%; Jan to Sep $2,404,235,749 (+13.2%) | NJ DGE, 19 Oct 2026 |
| Michigan | September 2026 | $300.2m gross; $288.15m adjusted | adjusted receipts +18.4% | MGCB, 22 Oct 2026 |
| Pennsylvania | September 2026 | $249,306,637 | +6.82% | PGCB, October 2026 |
| West Virginia | June 2026 | $38,741,904 | not stated | WV Lottery, 20 Jul 2026 |
| Connecticut | July 2026 | about $70.7m | not stated | Legal Sports Report (secondary) |
| Delaware | August 2026 | about $15.6m | not stated | Legal Sports Report (secondary) |
| Rhode Island | July 2026 | about $6.2m | not stated | Legal Sports Report (secondary) |
The AGA's latest monthly tracker, for August 2026, put national online casino revenue at $1.03 billion, up 12.3% on August 2025. Growth has slowed from the 27.6% of 2025 but remains well ahead of land-based gaming.
Why state figures are not like-for-like
The biggest difference is promotions. Michigan counts free play inside gross receipts and allows a deduction for it in adjusted gross receipts, but that deduction is phased out: capped at 10% of gross receipts in the first three years, then 6% and 4%, and zero from year six. Connecticut caps promotional deductions at 15% of win. New Jersey reports Internet Gaming Win and taxes it at 19.75% plus a 2.5% investment alternative tax. Fiscal years also differ: Pennsylvania and West Virginia headline July to June totals, while New Jersey and Michigan publish calendar months. Our guide to reading revenue reports walks through these differences, and our state tax rates table lists every rate.
Questions about US online casino revenue
Which state has the highest online casino revenue?
On 2025 state figures, Michigan reported $3.1 billion in gross receipts, New Jersey $2.91 billion and Pennsylvania $2.78 billion (or about $3.46 billion before promotional deductions, as reported by the AGA). The ranking depends on the measure used.
How much did US online casinos make in 2025?
The American Gaming Association reported $10.74 billion of commercial iGaming revenue for 2025, up 27.6% from 2024.
How many states have legal online casinos?
Seven states had live regulated online casino markets as of October 2026: New Jersey, Pennsylvania, Michigan, West Virginia, Connecticut, Delaware and Rhode Island. Maine has legalised it but not launched.
Sources
- American Gaming Association: 2025 commercial gaming revenue (26 February 2026); State of the States 2026 (May 2026); Commercial Gaming Revenue Tracker
- NJ Division of Gaming Enforcement: December 2025 release (16 January 2026); September 2026 release (19 October 2026)
- PA Gaming Control Board: 2025 year-end revenue (21 January 2026); September 2026 revenue; fiscal year 2025/26
- Michigan Gaming Control Board: December 2025 iGaming revenue (21 January 2026); September 2026 (22 October 2026)
- Michigan Lawful Internet Gaming Act (Act 152 of 2019)
- West Virginia Lottery: financial report for June 2026 (20 July 2026)
- Connecticut DCP: gaming data and documents; online casino gaming payments dataset
- Legal Sports Report: iGaming revenue tracker (secondary)
