Commercial Gaming Revenue Tracker
The American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals.
According to state regulatory data compiled by the AGA, commercial gaming industry earnings from traditional casino games, sports betting, and iGaming reached $6.18 billion, 5.6 percent higher than the previous year and a new April record.
From January to April 2025, commercial gaming revenue totaled $25.11 billion, 6.2 percent ahead of last year’s record pace.
Of the 37 commercial gaming jurisdictions that were operational a year ago and had published complete April data, 30 reported an increase in gaming revenue compared to the previous year. March and April sports betting revenue was not yet available for Arizona at the time of writing.
Land-based gaming grew 2.4 percent in April as combined monthly revenue from traditional casino games and retail sports betting reached $4.19 billion. Retail sports betting revenue more than doubled, growing by 128.7 percent, while revenue from traditional casino games increased 1.9%.
Online gaming revenue – encompassing online sports betting and iGaming – expanded 10.9 percent, reaching $1.98 billion in April. Online revenue expansion was driven by iGaming (+32.5%), while online sports betting revenue grew 0.7 percent.
In April, traditional casino slot machines and table games generated revenue of $4.14 billion, a 1.9 percent increase from the previous year. Slot machines contributed $3.06 billion, a 2.5 percent increase from April 2024, while table games brought in $761.8 million, down 2.0 percent; these figures exclude data from Louisiana and Michigan, which only report combined slot and table game revenue.
At the state level, 10 out of the 27 states with traditional casino slot machines or table games reported revenue declines compared to April 2024. Indiana (-5.1%) and Rhode Island (-3.5%) led brick and mortar revenue declines, while growth was driven markets with recent expansion including Illinois, Virginia and Nebraska.
For the first four months of the year, combined revenue from casino slot machines and table games totaled $16.61 billion, a 1.3 percent increase over the same period last year.
Land-based and online sportsbooks collectively generated $1.16 billion, up 3.4% in revenue across 33 commercial jurisdictions in April, not counting Arizona that had not reported March or April figures at the time of publication.
For the month, Americans wagered $12.44 billion on sports, up 8.9 percent year-over-year.
Year-to-date commercial sports betting revenue was $5.08 billion, 10.8 percent higher than the same period last year. The national hold rate was 9.4 percent, down 60 basis points from April 2024.
The iGaming sector continued its strong growth in April, generating $870.6 million across seven active states, a 32.5 percent year-over-year increase.
Year to date iGaming revenue increased in all seven states, reaching $3.39 billion- up 28.5% over the same four-month period last year.
About the Report
AGA’s Commercial Gaming Revenue Tracker provides state-by-state and nationwide insights into the U.S. commercial gaming industry’s financial performance. Monthly updates on AmericanGaming.org feature topline figures based on state revenue reports, while quarterly reports provide a more detailed analysis covering the three previous months.