U.S. gaming market generates $6.18 billion in April revenue
New figures from the American Gaming Association (AGA) confirm once again that the U.S. gaming industry is thriving: in April 2025, gross gaming revenue (GGR) reached $6.18 billion, a 5.6% increase compared to April 2024, building on the momentum of 2024, the industry’s fourth straight year of growth.
iGaming drives online growth
iGaming, unsurprisingly, was one of the main drivers of this upward surge. Between April 2024 and April 2025, GGR for the online market grew by 32.5%, reaching $870.6 million across the seven states where it has been legalised.
When combining online sports betting and iGaming, online gaming revenue expanded by 10.9%. However, “online revenue expansion was driven by iGaming (+32.5%), while online sports betting revenue grew by just 0.7%,” explained the AGA.
Steady growth in land-based and sports betting
Land-based gaming also saw steady growth, increasing by 2.4% in April. “Retail sports betting revenue more than doubled, growing by 128.7%,” the AGA added.
Sports betting, combining both land-based and online, posted a more modest growth of 3.4%, yet still generated an impressive $1.16 billion in GGR. “For the month, Americans wagered $12.44 billion on sports, up 8.9% year-over-year,” noted the AGA.
Top-earning states
Year-to-date (January to April 2025), Nevada was the top earner in the U.S., generating over $5 billion in gross gaming revenue. It was followed by Pennsylvania ($2.4 billion), New Jersey ($2.1 billion), and New York ($1.8 billion).
“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,” the AGA noted, adding that Arizona’s data was not yet available.
Among the most impressive growth rates, Nebraska was the clear standout, with a remarkable 154.7% increase in GGR compared to April 2024. It was closely followed by the District of Columbia, which saw a 135% rise over the same period. Sixteen other states posted double-digit growth.
Where revenue declined
Only a few states recorded a decline. North Carolina, which launched online sports betting in March 2024, saw its GGR drop by 55% in April 2025 compared to the same month in 2024. Vermont, which banned individual player proposition bets in 2024, recorded an 8.4% drop. Indiana (-3.3%), Florida (-1%), and Iowa (-0.3%) also posted modest declines.
