The US gambling industry continues to expand year after year
BonusFinder, a casino bonus comparison site, has summarized the latest North American gambling report for 2025.
Findings revealed that the gambling industry in North America continues to grow, expanding courtesy of online operators. It is expected to grow at a CAGR (compound annual growth rate) of 12.2% from 2025 to 2030.
Why do people gamble?
For many punters, the thrill of online gambling gives them a chance to unwind, escape from their daily pressures and ultimately relax. Of course, it needs to be enjoyed in moderation, but it can be a chance to relieve stress just like any other form of entertainment.
The Research and Markets report revealed that, ultimately, convenience is the key factor as to why online gambling is overtaking land-based gambling. The availability of sports betting, poker and other casino games being just a few clicks away, entices gamblers to keep coming back time and time again – due to its easy accessibility.
The online gambling market in North America is estimated to be valued at around $16.56bn, in 2024, with this total expected to rise up to $32.95bn by 2030. Live casino games and esports betting are reportedly two key elements as to why the market is growing.
How much did the US make from gambling in 2024 you might be wondering? The North American gambling industry made an unbelievable $72.04bn in revenue, in 2024, up 7.5% when compared to 2023.
Table games, such as poker, with live dealers allow players to interact with them when ‘at the table’. These continue to rise in popularity due to factors such as interaction between dealer and player, along with the immersive experience of playing at a poker table without leaving your home.
Sports betting rules all
Sports betting accounted for the largest market share of over 49% in 2024, with more states becoming accepting of sports betting and sports betting beginning to be legalised in more regions throughout the US.
According to the American Gaming Associations ‘state of play map’ sports betting is now legal in over 39 American states (as well as Washington D.C.) – in some form – but is still frowned upon in the likes of: Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Oklahoma, South Carolina, Texas and Utah.
New York and New Jersey are two states to have benefited greatly from sports betting. New York state was the first to surpass $1bn in annual sports betting tax collections, making $1.04bn in 2024; whilst New Jersey’s sports betting wagers totalled an astounding $12.77bn in 2024.
How are people gambling in the US?
Throughout the US, the desktop computer accounted for the largest market share last year, as it is seen as the primary platform for online gambling despite a rise in gambling via mobile phones.
However, as the online gambling market continues to grow, the importance of responsible gambling initiatives cannot be ignored and these are a crucial aspect in shaping the market’s growth.
The integration of innovative payment solutions, such as digital wallets like Apple Pay and Google Pay, to name a few, as well as financial technologies have played their part in the online gambling market growing.
Cryptocurrencies and blockchain technology allow enhanced security, lower transaction fees and privacy alongside fairness, integrity and online games’ quality all of which lead to gamblers being willing to partake in having a wager or two online.
The future of gambling in the US
Companies like DraftKings, Caesars Entertainment, MGM Resorts International, FanDuel, 888 Holdings, Flutter, BetMGM, bet365, PENN Entertainment and Fanatics are just a few of the beneficiaries in the change of attitude towards online gambling in America.
If gamblers can overlook technical barriers and potential volatility whilst adhering to rules and regulations, there’s no reason as to why the online gambling scene can’t continue going from strength to strength, year after year.
