- US commercial sports betting handle was $166.94 billion in 2025 (+11%) and revenue $16.96 billion (+22.8%), according to the American Gaming Association.
- New York is the largest state: $26.2 billion handle and $2.51 billion revenue across 52 weekly reports in 2025, on our sum of the state's figures.
- Illinois online sportsbooks reported $1.45 billion in adjusted gross receipts; New Jersey online $1.15 billion; Ohio online $1.03 billion.
- Hold, revenue as a share of handle, ranged from about 7% to over 12% between states.
US sports betting revenue reached $16.96 billion in 2025 on $166.94 billion wagered, according to the American Gaming Association's annual tracker, released on 26 February 2026. Most of that came through mobile apps. New York was the largest market by a wide margin, with about $26.2 billion wagered online and $2.5 billion kept by sportsbooks, followed by Illinois, New Jersey and Ohio.
State figures are published monthly or weekly by each regulator, and they use different names for revenue. The table states the measure for each.
2025 by state
| State | Handle | Revenue | Hold | Measure and source |
|---|---|---|---|---|
| New York (mobile) | $26,222,819,242 | $2,514,500,751 | 9.59% | GGR; our sum of 52 NYSGC weekly reports, weeks ending 5 Jan to 28 Dec 2025 |
| Illinois (online) | not in annual report | $1,446,210,627 | n/a | Adjusted gross receipts; Illinois Gaming Board 2025 annual report |
| New Jersey (online) | $11,719,489,936 | $1,147,715,655 | 9.79% | Sports wagering gross revenue; NJ DGE |
| Ohio (online) | $10,111,907,842 | $1,025,341,322 | 10.14% | Revenue after winnings and voids, no promotional deduction; OCCC |
| Pennsylvania (online and retail) | $8.8bn | $602,495,582 | about 6.8% | Revenue; PGCB (handle published rounded) |
| Michigan (online) | $5.4bn | $671.3m gross; $435.9m adjusted | 12.4% | Gross receipts; MGCB (published rounded) |
| Arizona | not verified | $838.7m | n/a | As reported by the AGA |
| North Carolina (online) | about $7.26bn (secondary) | $734.6m | about 10% | Revenue as reported by the AGA; handle from Covers |
| Tennessee (online) | about $5.87bn (secondary) | $700.2m (AGA) | n/a | Tennessee taxes handle and no longer reports revenue |
| Colorado | $6,519,385,997 | $589.1m (AGA) | n/a | Handle is our calculation from Division of Gaming fiscal-year releases |
Secondary trackers, which sum state monthly reports, give 2025 handle of about $8.48 billion in Massachusetts, $7.66 billion in Virginia and $6.60 billion in Maryland. We have not confirmed those totals against the state reports and show them only as a guide.
Why hold varies by state
Hold is the share of money wagered that sportsbooks keep. Nationally it was about 10.2% in 2025 on the AGA's totals. Between states, it differs for three reasons. The bet mix matters most: parlays and same-game parlays carry higher margins than single bets, and states where they are popular show higher hold. Results matter too; a run of favourites winning can lower hold for a month or a season. And the revenue measure matters: Michigan's 12.4% uses gross receipts before free bets are deducted, while Pennsylvania's lower figure combines online and retail and is calculated from rounded handle.
2026 so far
National growth slowed in 2026. The AGA's August 2026 tracker shows sports betting revenue of $1.00 billion, down 15.6% on August 2025, on handle of $10.89 billion, with hold of 9.2% against 10.8% a year earlier. A secondary report of the AGA's second-quarter figures gives $3.91 billion in revenue (down 0.2%) on $38.84 billion handle. In September 2026, New Jersey's total handle was $725.5 million with $77.0 million revenue, and Maryland's handle was $652.2 million.
The AGA also estimates that sports event contracts traded on prediction markets have cost states about $1.56 billion in potential gaming tax since the start of 2025. That is the association's estimate, not measured data, but it is one reason some state handle figures have grown more slowly.
Handle, revenue and taxable revenue
New York, New Jersey, Ohio, Pennsylvania, Michigan and Illinois publish handle; Tennessee publishes handle but no longer reports revenue because it taxes handle at 1.85%. Revenue definitions vary. Ohio did not allow promotional credits to be deducted in 2025. Maryland's taxable win is calculated after promotional wagers. Massachusetts deducts winnings and federal excise tax but not promotions. Arizona allows a free-bet deduction for a limited period. For definitions of each term, see our guide to handle, GGR and hold; for tax rates, our state tax table.
Questions about US sports betting data
Which state has the most sports betting revenue?
New York, with about $2.51 billion in mobile sports betting GGR in 2025 on about $26.2 billion handle, based on the state's weekly reports.
What is the average sports betting hold in the US?
On the AGA's 2025 totals, revenue of $16.96 billion on handle of $166.94 billion gives a hold of about 10.2%. State figures range from about 7% to over 12%.
How much was bet on sports in the US in 2025?
$166.94 billion in commercial sports betting handle, according to the American Gaming Association, up 11% on 2024.
Sources
- American Gaming Association: 2025 commercial gaming revenue (26 February 2026); revenue tracker (August 2026 edition); State of the States 2026
- New York State Gaming Commission: weekly mobile sports wagering reports
- Illinois Gaming Board: 2025 annual report
- NJ Division of Gaming Enforcement: December 2025 release; September 2026 release
- Ohio Casino Control Commission: 2025 sports gaming revenue report
- PA Gaming Control Board: 2025 year-end revenue
- Michigan Gaming Control Board: December 2025 release
- Colorado Division of Gaming: sports betting releases (used for our calendar-year calculation)
- Maryland Lottery and Gaming: sports wagering revenue reports
- Covers: state betting revenue trackers (North Carolina, Tennessee, Massachusetts, Virginia, Maryland; secondary)
- SoloAzar: AGA second-quarter 2026 figures (27 August 2026; secondary)
