U.S. Commercial Gaming Industry Hits New Revenue Record in 2024

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The U.S. commercial gaming industry achieved a new revenue milestone for the fourth consecutive year in 2024, according to data from the American Gaming Association. Total revenue from land-based casino games, sports betting, and iGaming reached an impressive $71.92 billion for the year, marking a 7.5% increase over the previous record set in 2023.

When including tribal gaming revenue, which will be reported by the National Indian Gaming Commission later this year, total U.S. gaming revenue for 2024 is projected to approach $115 billion.

Most major sectors within the gaming industry set revenue records in 2024, including casino slots, sports betting, and iGaming.

Slot machines generated $36.06 billion, an increase of 1.6%, while table game revenue decreased by 1.7% year-over-year to $10.14 billion. Combined, traditional casino slots and table games generated $49.78 billion in revenue, reflecting an increase of 82 basis points compared to 2023.

Sports betting experienced significant growth, with revenue increasing by 25.4% from 2023 to reach $13.71 billion. Similarly, iGaming had a strong year, with revenue expanding by 28.7% year-over-year to $8.40 billion.

Despite the rise of online gaming, in-person gaming remains the foundation of the industry. Commercial land-based gaming—which includes casino slot machines, table games, and retail sports betting—accounted for $50.32 billion, or 70% of total revenue in 2024. Meanwhile, online gaming—which encompasses online sports betting and iGaming—generated $21.54 billion, representing 30% of total revenue.