igaming, casinos, and sports fans bring home the bacon

The total gross gaming revenue (GGR) for April 2025 was $6.34 billion versus $5.973 billion in April 2024. March Madness again bled into April, keeping the sports betting excitement alive. In April, the national sports betting handle was $11.145 billion without Illinois and Arkansas; with those two the total will likely be $13 billion. The gross gaming revenue was $1.0 billion, again without those two states. Igaming was another factor; in April igaming GGR reached $800 million. Illinois, New Hampshire, and Virginia are adding product and gaming revenues are growing significantly. The growth in Connecticut, Delaware, Michigan, New Jersey, and Pennsylvania was driven by igaming and mobile sports wagering.

April 2025 casino, sports, igaming, and VLT revenue

Arkansas casino revenue was flat at $59.2 million. Gaming Commission, 5-25

Colorado GGR rose 13.1% to $138.5 million. Gaming Commission, 5-25

Connecticut GGR rose 13.5% to $140.4 million. Gaming Commission, 5-25

Delaware gaming revenue rose 8.9% to $46.4 million. Lottery Commission, 5-25

Florida slot revenue rose 4.2% to $59.0 million. Gaming Commission, 5-25

Illinois gaming revenues rose11.0% to $437.9 million. Gaming Commission, 5-25

Indiana gaming revenue fell 3.3% to $239.0 million. Gaming Commission, 5-25

Iowa gaming revenues fell 3.1% to $159.8 million. Gaming Commission, 5-25

Kansas gaming revenue rose 8.5% to $56.8 million. Racing/ Gaming Commission, 5-25

Kentucky HHR games/sports revenue rose 6.4% to $104.1 million. Racing Commission, 5-25

Louisiana gaming revenue rose 6.5% to $306.9 million. Gaming Commission, 5-25

Maine casino/sports revenue rose 13.7% to $19.0 million. Gaming Commission, 5-25

Maryland gaming revenue rose 3.8% to $221.7 million. Gaming Commission, 5-25

Massachusetts gaming revenue rose 14.1% to $169.7 million. Gaming Commission, 5-25

Michigan gaming revenue rose 16.6% to $400.4 million. Gaming Commission, 5-25

Mississippi gaming revenues rose 2.1% to $199.1 million. Gaming Commission, 5-25

Missouri gaming revenue rose 8.5% to $169.1 million. Gaming Commission, 5-25

Nebraska casino revenue rose 154.2% to $21.1 million. Racing/Gaming Commission, 5-25

Nevada gaming revenue fell 0.4% to $1.234 billion. Gaming Commission, 5-25

New Hampshire gaming revenues rose 121.7% to $41.5 million. Lottery Commission, 5-25

New Jersey gaming revenue rose 5.0% to $536.6 million. Gaming Commission, 5-25

New York gaming revenue rose 2.5% to $460.5 million. Gaming Commission, 5-25

Ohio gaming revenue rose 3.1% to $282.2 million. Gaming/lottery Commission, 5-25

Pennsylvania gaming revenue rose 10.7% to $558.7 million. Gaming Commission, 5-25

Rhode Island gaming revenue rose 1.3% to $59.4 million. Gaming Commission, 5-25

South Dakota gaming revenue rose 1.7% to $40.4 million. Gaming/Lottery Commission, 5-25

Virginia gaming revenue rose 15.9% to $178.2 million. Gaming Commission, 5-25

Total national gaming revenue rose 6.1% to $6.340 billion. CDC Gaming Reports, 6-25

Total national gaming revenue YTD rose 5.7% to $25.344 billion. CDC Gaming Reports, 6-25

The other categories:

Macau gaming revenue rose 1.7% to $2.36 billion. Inside Asian Gaming, 5-25

Igaming revenue rose 16.1% to $804.6 million. CDC Gaming Reports, 5-25

Sports betting revenue rose 3.7% to $1.043 billion. CDC Gaming Reports, 5-25

Dow Jones Industrials fell 3.1% to 40,669.36. Yahoo Finance, 4-30-25

Adams Index fell 3.6% to 873.87. CDC Gaming Report, 4-30-25

The results by jurisdiction Arkansas had a total of $59.2 million in GGR in April 2025 versus $59.2 million in 2024. From the three reporting casinos, revenue was $54.7 million as compared to $55.5 million in 2024. Sports GGR was $4.5 million in 2025 and $3.7 million in 2024. Sports handle for April was $48.6 million, up from $41.7 million a year ago. Colorado casino and sports revenue in April was $138.6 million, as compared to $122.6 million in 2024. The casino win for April 2025 was $91.45 million versus $90.5 million in 2024. Coin-in was $996.1 million and GGR was $78.2 million. Black Hawk reported $70.4 million and $69.4 million in 2024. Cripple Creek had $14.9 million versus $14.6 million and Central City $6.0 million against $6.5 million in 2024. The sports GGR was $47.2 million and handle $618.0 million. In April 2024, the GGR was $32.0 million on a handle of $509.5 million. Connecticut total gaming revenue for April 2025 was $140.4 million, up from $123.7 million in 2024. Slot revenue was $69.3 million as compared to $69.6 million in 2024. Igaming revenue was $51.8 million compared to $35.0 million in 2024. Sports betting generated $19.3 million on a handle of $181.8 million as compared to GGR of $13.1 million and $154.1 million in handle in April 2024. Illinois combined casino and VLT revenue in April was $437.9 million as compared to $394.2 million in 2024. The state’s 17 casinos reported $162.6 million in win in 2025 as compared to 15 casinos and $136.9 million in GGR 2024. Slot revenue in 2025 was $122.0 million, up from $104.0 million in 2024; table games generated $40.5 million, up from $32.9 million. In 2025, 1,284,379 people were admitted to the casinos compared to 1,025,172 in 2024. The VLT win in April 2025 was $275.3 million compared to $257.3 million in 2024. There were 48,726 units in 2025 and 47,578 in April 2024. Indiana sports and casino combined revenue was $239.0 million in April as compared to $247.2 million in 2024. The state’s casinos generated $197.6 million in win as compared to $208.2 million in 2024. The slot win was $164.1 million as compared to $170.5 million in 2024. Table game win was $33.5 million as compared to $37.6 million. Sports win was $41.4 million on a handle of $437.0 million. In April 2024, the sports win was $39.0 million on a handle of $393.8 million.

Iowa combined casino and sports revenue in April was $159.8 million as compared to $160.3 million in 2024. Casino win was $141.1 million, down from $143.8 million; slot coin-in was $1.311 billion with $127.7 million in GGR (13,815 slots); the 2024 coin-in was $1.316 billion with $129.1 million in GGR (14,253 slots). Table-game GGR was $13.3 million (431 tables) versus $14.7 million (439 tables) in 2024. There were 1,320,822 admissions versus 1,350,656 in 2024. Sports win was $18.7 million on a handle of $215.5 million as compared to a GGR of $16.5 million on a handle of $196.5 million in 2024. Louisiana combined sports, casino, and VLT revenue in April was $306.9 million as compared to $288.1 million in 2024. Riverboat revenue was $151.7 million versus $138.3 million in 2024. Land-based Harrah’s New Orleans reported a win of $22.5 million, slot machine win at the racetracks was $26.8 million, and the state’s 12,119 VLTs won $65.3 million versus $63.6 million from 11,960 units in 2024. Admissions to the riverboats, racinos, and Harrah’s New Orleans were 1,726,903 as compared to 1,548,411 in 2024. The Shreveport/Bossier market reported $42.5 million in win versus $40.0 million in 2024; Lake Charles had $58.2 million compared to $54.9 million. The New Orleans region had $25.9 million in win as compared to $20.3 million, and Baton Rouge had $25.0 million versus $23.1 million in 2024. The GGR from sports betting was $40.6 million on a handle of $343.8 million as compared to GGR $40.3 million on a handle of $283.0 million in April 2024. Maryland combined casino and sports revenue was $221.7 million in April as compared to $213 million in April 2024. Slot revenue was $115.2 million, table games generated $47.3 million, and sports GGR was $59.1 million on a handle of $513.7 million. For April 2025, MGM National Harbor generated $68.2 million, $43.4 million from slots and $25.1 million from table games; in 2024, MGM generated $78.0 million in total GGR. Live! Casino GGR was $58.9 million, $43.3 million from slots and $15.5 million from tables; in 2024, the total win was $60.8 million. The Horseshoe Baltimore had $15.5 million in win on a slot win of $11.1 million and tables $4.4 million; in 2024. Hollywood had $7.8 million, $6.6 million from slots. Ocean Downs generated $7.5 million, $6.9 million from slots, and Rocky Gap had a win of $4.0 million. Massachusetts gaming revenue in April was $169.7 million versus $148.1 million in 2024; casino revenue was $102.1 million. Sports GGR was $67.3 million and handle was $688.0 million. Encore Boston Harbor generated $63.4 million as compared to $60.8 million in 2024. Encore slot revenue was $36.5 million and table games $26.9 million. MGM had a gaming win of $23.5 million and $22.7 million in 2024. MGM table-game win was $4.0 million; slots contributed $19.4 million. Slots-only Plainridge Park had revenue of $13.8 million as compared to $15.1 million in April 2024. Michigan gaming revenue from casinos, sports, and igaming in April 2025 was $400.4 million as compared to $344.1 million in 2024. Casino revenue was $109.4 million as compared to $107.8 million. Igaming revenue was $248.1 million as compared to $192.9 million in 2024. Sports wagering revenue was $42.9 million on a handle of $426.9 million as compared to $43.4 million on a handle of $414.4 million. Missouri casino revenue in April was $169.1 million as compared to $155.8 million in 2024. The slot win was $145.8 million on coin-in of $1.496 billion versus $143.0 million from coin-in of $1.396 billion; table-game win was $28.3 million versus $21.3 million in 2024. Admissions were 2,2591,000 versus 2,257,710 in 2024. By market, the win in April 2024 in the Kansas City region was $60.4 million versus $54.1 million in 2024; St. Louis was $83.7 million versus $77.3 million. The Out of State market reported $24.7 million versus $24.3 million in 2024. Mississippi casino and sports betting revenue in April was $199.1 million as compared to $195.1 million in 2024. Casino revenue was $195.5 million as compared to $192.0 million in 2024. Sports win was $3.6 million from a handle of $24.9 million versus $3.1 million on a handle of $34.2 million. Slot coin-in was $2.091 billion with a win of $164.2 million (7.8 percent) as compared to coin-in of $2.097 billion and a win of $160.7 million (7.6 percent) in 2024. Table-game drop was $141.0 million with a win of $25.3 million and a hold of 17.9 percent, as compared to a table drop of $147.8 million and a win of $25.4 million, a hold of 17.1 percent, in 2024. By region, the coastal casino win was $127.7 million, the northern casinos reported $40.8 million, and the central casinos won $27.0 million. Nevada casinos reported $1.234 billion in gaming revenue in April 2025 as compared to $1.240 billion in 2024, a decrease of 0.47 percent. The Las Vegas Strip reported $646.8 million as compared to $666.0 million in 2024. Las Vegas had an estimated 3.3 million visitors in April as compared to 3.5 million in 2024. Harry Reid International Airport reported 4.7 million passengers versus 4.8 million in 2024. There were 573,600 conventioneers as compared to 503,500 in 2024. Hotel occupancy was 84.5 percent as compared to 85.5 percent in 2024. The average daily room rate was $190.27 a night as compared to $182.30 in 2024. Las Vegas had 3,825,500 occupied room nights as compared to 3,969,600 a year ago. Highway daily vehicle count averaged 139,333. For April 2025, downtown Vegas had casino revenue of $83.6 million, the Boulder Strip $89.8 million, North Las Vegas $24.8 million, and Laughlin $40.1 million. Reno reported $64.6 million in GGR as compared to $59.2 million in 2024. Sparks casinos won $12.6 million as compared to $13.9 million in 2024. The North Lake Tahoe win was $1.4 million and South Lake Tahoe $16.6 million as compared to $17.9 million in 2024. The Elko County win was $33.2 million, Carson Valley GGR was $11.2 million, and “other” reported $19.1 million as compared to $17.8 million. By game type, the April win in Nevada was: twenty-one $74.8 million, baccarat $110.0 million, craps $24.8 million, and roulette $34.9 million. Slot machine win was $882.7 million as compared to $886.8 million in 2024. In April 2025, Nevada’s sports books won $42.5 million on a handle of $618.8 million; in April 2024, the sports win was $30.7 million and the handle $569.3 million.

New Jersey casinos and racetracks reported a combined GGR of $536.69 million in April from casinos, igaming, and sports betting. The GGR was up 5.0 percent from $510.9 million in 2024. Casino revenue for the month was $211.0 million, down 2.0 percent. The slot win was $162.1 million, up 2.1 percent, and table-game win $48.7 million, down 16.0 percent. The igaming win was $235.2 million as compared to $187.9 million in 2024. Sports win was $90.5 million as compared to $106.2 million. The 2024 sports handle was $994.4 million versus $1.044 billion in 2024. Borgata had a total win of $58.5 million versus $58.3 million in 2024. Hard Rock won $41.5 million and $41.1 million in 2024. Ocean Casino reported $30.6 million versus $28.8 million. Harrah’s $16.3 million, Tropicana $15.7 million, Caesars $14.6 million, Resorts $12.1 million, Golden Nugget $11.0 million, and Bally’s $10.2 million as compared to $13.1 million in April 2024. New York gaming revenue from sports, VLT, and casinos was $460.3 million in April as compared to $449.3 million in 2024. The sports win was $192.6 million, the handle $2.158 billion. In April 2024, the sports GGR was $184.0 million, the handle $1.969 billion. The VLT revenue was $211.1 million as compared to $207.3 million in 2024. Resorts World reported $57.7 million in gaming revenue, Nassau OTB $25.6 million, Empire City at Yonkers $52.5 million, Saratoga Casino $12.3 million, Finger Lakes Gaming $10.7 million, Hamburg Gaming $7.2 million, Vernon Downs $3.7 million, Batavia Downs $7.9 million, Jake’s 58 $25.3 million, and Resorts World Hudson Valley $7.8 million. The four casinos reported a win of $56.7 million as compared to $58.0 million in 2024. Resorts World had a win of $14.5 million, Tioga Downs $9.8 million, del Lago Resort $13.9 million, and Rivers Casino $18.3 million. Ohio casinos, racinos, and sports generated $282.7 million in GGR in April 2025 as compared to $273.9 million in 2024. The sports GGR was $73.7 million and the handle $801.0 million versus $73.9 million in GGR and handle of $667.0 million. The casino revenue in April was $88.5 million compared with $83.4 million in 2024. The casino slot win was $65.3 million, table games $23.1 million. By property, the results for the four casinos were: Jack Cleveland $21.3 million, Hollywood Columbus $25.1 million, Hard Rock Cincinnati $21.2 million, and Hollywood Toledo $20.7 million. Ohio racino revenue was $120.0 million versus $116.6 million in 2024. Belterra Park reported a win of $5.9 million, Eldorado Scioto Downs $18.8 million, MGM Northfield $28.1 million, Hollywood Dayton $15.0 million, Hollywood Mahoning Valley $20.7 million, Jack Thistledown $16.2 million, and Miami Valley $20.7 million. Pennsylvania reported total gaming revenue of $558.7 million in April 2025 as compared to $504.6 million in 2024. By category, the win from retail slots was $203.0 million, retail table games $80.6 million, online slots $169.4 million, online tables $55.8 million, sports $42.5 million in taxable revenue, and total sports GGR $61.7 million; handle was $711.5 million. Online poker GGR was $2.3 million, retail VLT $3.5 million, and fantasy sports $1.2 million. By property, including retail and online gaming, the total revenue was Valley Forge $99.0 million, Hollywood at Penn $97.7 million, Rivers Philadelphia $56.2 million, Parx $52.4 million, Wind Creek $47.8 million, Rivers Pittsburgh $27.5 million, Hollywood at the Meadows $27.1 million, Live! Philadelphia $26.5 million, Harrah’s $23.5 million, Mohegan Sun $19.1 million, Mount Airy $17.8 million, Hollywood York $10.2 million, Live! Pittsburgh $9.5 million, Golden Nugget $7.6 million, Hollywood Morgantown $7.5 million, Parx Shippensburg $3.1 million, Bally’s Pennsylvania $2.9 million, and Casino at Nemacolin $2.3 million. South Dakota casino, VLT, and sports revenue was $40.4 million in April as compared to $39.7 million in 2024. Casino revenue was $12.3 million as compared to $11.3 million in 2024. VLTs won $28.1 million and $28.4 million in 2024. In April, South Dakota sports betting recorded GGR of $51,819 on $635,392 in handle. Virginia reported GGR of $178.2 million from historic racing machines, casinos, and sports wagering. In 2024, the GGR was $150.7 million. The historic racing machines (4,407) generated $42.9 million as compared to $36.0 million (2,842) in 2024. The state’s three casinos reported $78.7 million in revenue versus $60.1 million in 2024. Sportsbooks recorded $56.6 million in win from a handle of $609.7 million; in 2024, the win was $54.6 million and handle $563.4 million. Igaming revenue from seven states in April 2025 was $804.6 million as compared to $654.0 million from seven states in April 2024. Michigan generated $248.1 million as compared to $192.9 million in 2024. New Jersey reported $235.2 versus $187.9 million, Pennsylvania $227.7 million compared to $212.2, Connecticut $51.8 million versus $35.0 million, West Virginia $28.6 million in 2025 and $19.6 million in 2025, Delaware $8.5 million versus $4.4 million, and Rhode Island $4.7 million, up from $2.0 million in April 2024. Thirty-two states reported handle and gross gaming revenue for April 2025. The handle was $11.145 billion as compared to $10.125 billion in April 2024. The GGR was $1.043 billion (9.3%) versus $1.005 billion (9.9%). The figures do not include Arizona and Illinois. Ranked by handle, the top five states were New York $2.158 billion, New Jersey $994.4 million, Ohio $801.0 million, Pennsylvania $711.5 million, and Massachusetts $688.0 million. By win, the top four were New York $192.6 million, New Jersey $90.5 million, Ohio $73.9 million, and Virginia $60.5 million. In April 2024, the top five states were New York $1.969 billion, New Jersey $1.044 million, Ohio $667.0 million, Pennsylvania $646.0 million, and North Carolina $643.6 million. By win in 2024, the top five were New York $184.0 million, New Jersey $106.3 million, North Carolina $105.2 million, Ohio $73.7 million, and Massachusetts $67.6 million. In March 2025, Illinois reported $1.494 billion in handle and $100.9 million in GGR. For the first four months of 2025, the total GGR was $25.344 billion, a 5.7 percent increase from 2025. The significant factors are the same as those noted for the month of April: new product, mobile sports betting, and igaming. Those factors balance the trend of same-store sales being stagnant or declining slightly. With all of the polarized political and economic hype, there is little evidence that those factors have impacted gaming thus far in 2025.