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US Betting Handle & Sports Betting Revenue for July 2025

Michael McClymont - Senior News Editor at Covers.com
Written by: Michael McClymont, Senior News Editor Fact checked by: Michael Duchesne, Managing Editor
Last Updated Jul 08, 2025, 1:59 PM ET
Fact Checked
Michael Duchesne has ensured that facts presented were obtained from reliable sources and are accurate.

Our industry-leading betting analysts track the market to compile the most valuable sports betting revenue and data for states with legal betting sites.

Follow along as we report on the monthly handle and hold for each legal U.S. betting market.

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    Table of contents
    • US sports betting revenue: All states
    • Arizona sports betting revenue
    • Arkansas Sports Betting Revenue
    • Colorado sports betting revenue
    • Connecticut sports betting revenue
    • DC sports betting revenue
    • Delaware sports betting revenue
    • Florida sports betting revenue
    • Illinois sports betting revenue
    • Indiana sports betting revenue
    • Iowa sports betting revenue
    • Kansas sports betting revenue
    • Kentucky sports betting revenue
    • Louisiana sports betting revenue
    • Maine sports betting revenue
    • Maryland sports betting revenue
    • Massachusetts sports betting revenue
    • Michigan sports betting revenue
    • Mississippi sports betting revenue
    • Montana sports betting revenue
    • Nevada sports betting revenue
    • New Hampshire sports betting revenue
    • New Jersey sports betting revenue
    • New York sports betting revenue
    • North Carolina sports betting revenue
    • Ohio sports betting revenue
    • Oregon sports betting revenue
    • Pennsylvania sports betting revenue
    • Rhode Island sports betting revenue
    • South Dakota sports betting revenue
    • Tennessee sports betting revenue
    • Vermont sports betting revenue
    • Virginia sports betting revenue
    • West Virginia sports betting revenue
    • Wyoming sports betting revenue
    • Breaking sports betting news
    • Global sports betting market size
    • Online vs. offline sports betting revenue
    • Factors affecting sports betting revenue
    • Sports betting revenue vs. casino betting revenue
    • Trends and future of sports betting revenue
    • Quick facts: U.S. sports betting revenue
    • Potential legal U.S. sports betting markets
    • Covers and credibility
    • Sports betting resources
    • More industry resources
    • Sports betting revenue tracker FAQ
    • Pages related to this topic

    US sports betting revenue: All states

    Legal sports betting and the amount of sports betting revenue generated in the United States is still in its infancy, despite new betting markets sprouting across the country.

    Regarding total handle, gross revenue, and hold percentage, we've outlined the historical data for sports betting in all legal states and captured year-by-year and month-by-month statistics. 

    Historical year-by-year data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $43,884,224,080* $3,939,880,030* 9.0%*
    2024 $149,735,977,700* $13,750,031,310* 9.2%*
    2023 $121,064,466,469 $11,048,223,917.31 9.1%
    2022 $93,726,726,923 $7,559,425,190.89 8.10%
    2021 $57,525,518,127 $4,341,696,962.52 7.50%
    2020 $21,476,520,882 $1,546,743,084.58 7.20%
    2019 $13,073,426,594 $920,626,754.70 7.00%
    2018 $6,608,072,006 $441,736,410.48 6.70%

    *figures do not include Florida estimates

    2025 month-by-month data (to date)

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $15,796,276,430 $1,693,532,562 10.7%
    Feb $12,545,125,020 $1,254,114,426 10.0%
    Mar $15,542,822,630 $992,233,042 6.4%

    2024 month-by-month data (to date) 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $13,873,993,732 $1,525,020,926 11.0%
    Feb $11,335,314,434 $904,443,050 8.0%
    Mar $13,930,032,557 $1,082,370,554 7.8%
    Apr $12,100,725,162 $1,190,895,677 9.8%
    May $11,066,565,525 $1,168,779,030 10.6%
    June $9,126,202,939 $869,615,989 9.5%
    July $7,928,848,109 $888,608,197 11.2%
    Aug $9,077,792,400 $790,559,240 8.7%
    Sept $14,024,003,550 $1,600,471,089 11.4%
    Oct $15,214,568,110 $1,066,904,165 7.0%
    Nov $16,248,462,490 $1,741,747,183 10.7%
    Dec $15,806,672,420 $920,210,670 5.8%

    2023 month-by-month data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $11,498,154,406.15 $1,065,957,209.02 9.3%
    Feb $9,014,426,342.69 $712,764,443.64 7.9%
    Mar $11,236,636,554.72 $1,068,421,204.52 9.5%
    Apr $9,176,221,600.03 $869,429,328.92 9.5%
    May $8,137,649,326.18 $916,328,162.13 11.3%
    June $6,616,003,472.72 $548,656,527.14 8.3%
    July $5,898,621,040.70 $622,926,008.00 10.6%
    Aug $6,660,118,021.38 $609,167,941.80 9.1%
    Sept $11,576,828,147.02 $1,108,889,239.30 9.6%
    Oct $12,812,334,808.48 $1,242,284,208.56 9.7%
    Nov $14,470,268,900.53 $916,456,015.98 6.3%
    Dec $13,967,203,848.41 $1,366,943,628.30 9.8%

    *Not including Montana

    2022 month-by-month data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $9,826,406,423.60 $641,948,688.98 6.50%
    Feb $7,940,030,840.22 $394,630,255.28 5.00%
    Mar $9,243,555,889.46 $604,275,018.43 6.50%
    Apr $7,475,922,370.78 $527,197,522.88 7.10%
    May $6,683,855,493.79 $610,051,653.75 9.10%
    Jun $5,477,767,643.62 $332,925,759.65 6.10%
    Jul $4,532,343,107.21 $405,597,353.82 8.90%
    Aug $4,888,144,945.33 $507,998,803.34 10.40%
    Sep $7,907,536,067.38 $927,474,044.11 11.70%
    Oct $9,690,120,137.54 $852,768,086.02 8.80%
    Nov $10,013,310,812.53 $799,533,341.13 8.00%
    Dec $10,047,733,191.74 $955,024,663.51 9.50%

    Most common sports betting revenue terms

    1. Handle: The total amount of money wagered by bettors at a sportsbook during a given period, including all bets placed, regardless of whether they win or lose. The handle is often used as a measure of the size of the sports betting market.

      For example, if a sportsbook accepts $100,000 in wagers on the Super Bowl, the handle for that event is $100,000.

    2. Revenue (gross): The amount of money that a sportsbook earns from its operations — after payouts to winning bettors have been made.

      Revenue is calculated by subtracting the amount of payouts from the total handle.

    3. Hold: The percentage of the handle that a sportsbook keeps as revenue.

      For example, if a sportsbook has a handle of $1 million and revenue of $100,000 (paying out $900,000 in winnings), the hold would be 10%.

    4. Tickets/Receipts: The total amount of individual bets placed during a specific period, independent of how much money was wagered overall.

    Arizona sports betting revenue

    Arizona sports betting began on Sept. 9, 2021, and features both online sportsbook betting and retail betting for users. The Grand Canyon State generated $6.2 billion in total sports betting handle in 2024. 

    Here's an outline of Arizona's sports betting figures over the years:  

    Arizona annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,451,337,185 $200,997,698 8.3%
    2024 $7,959,647,194 $707,713,944 8.9%
    2023 $6,573,800,271 $557,533,412 8.5%
    2022 $6,036,844,929 $482,932,554 8.00%

    Arizona 2025 monthly data

    Month📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $864,246,555.62 $85,003,960.71 9.8%
    Feb $699,726,799.61 $65,584,316.93 9.4%
    Mar $887,363,829.77 $50,409,420.50 5.7%

    Arizona 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $706,382,861.40 $70,943,718.05 9.3%
    Feb $637,485,878.87 $54,329,588.91 8.5%
    Mar $759,807,633.26 $59,289,054.90 7.8%
    Apr $656,322,665.79 $64,489,905.50 9.8%
    May $568,493,314.61 $62,444,213.83 11.0%
    June $454,116,117.11 $46,211,992.82 10.4%
    July $410,140,440.35 $42,514,638.36 10.4%
    Aug $496,602,561.63 $37,071,284.61 7.5%
    Sept $732,099,544.18 $76,364,871.15 10.4%
    Oct $791,243,693.95 $55,622,009.64 7.0%
    Nov $897,635,846.78 $86,285,876.09 9.6%
    Dec $849,316,635.94 $51,089,325.20 6.0%

    Arizona 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $591,220,793.69 $47,486,816.94 8.0%
    Feb $609,278,096 $35,392,452 5.8%
    Mar $644,763,990.55 $53,523,946.62 8.3%
    Apr $535,712,027.03 $49,163,322.65 9.2%
    May $451,717,025 $49,595,605 10.9%
    June $393,198,857.89 $28,331,607.97 7.2%
    July $323,211,485.27 $35,343,494.78 10.9%
    Aug $358,875,474.29 $31,681,151.15 8.8%
    Sept $610,716,285.10 $60,115,066.43 9.8%
    Oct $648,208,573.06 $56,868,980.77 8.8%
    Nov $713,586,703.92 $42,333,281.89 5.9%
    Dec $693,310,960 $67,697,686 9.8%

    Arizona 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $563,694,591.18 $41,890,200.20 7.40%
    Feb $491,665,553.76 $25,629,834.77 5.20%
    Mar $690,979,294.05 $38,898,393.33 5.60%
    Apr $512,877,847.67 $30,441,991.88 5.90%
    May $461,450,688.26 $56,193,285.87 12.20%
    Jun $318,774,198.34 $12,601,356.09 4.00%
    Jul $290,511,532.54 $22,684,581.19 7.80%
    Aug $361,008,835.14 $37,161,758.62 10.30%
    Sep $537,966,148.61 $56,428,816.44 10.50%
    Oct $618,570,296.06 $49,392,417.22 8.00%
    Nov $616,855,044.82 $56,028,194.71 9.10%
    Dec $572,490,899.09 $55,581,724.65 9.70%

    Arkansas Sports Betting Revenue

    Arkansas sports betting began in July 2019, and features both online betting and retail betting for users. The Natural State blew past its 2023 figures with $557 million in handle in 2024 and $48 million in gross revenue.

    Arkansas surpassed its 2023 handle and gross revenue totals by October of 2024.

    Below is an outline of Arkansas' sports betting figures over the years:  

    Arkansas annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $270,242,629.79 $22,270,447.66 8.3%
    2024 $557,920,060.90 $48,201,729.04 8.6%
    2023 $404,764,327.45 $37,190,265.01 9.2%
    2022 $185,818,482.57 $17,922,004.31 9.60%

    Arkansas 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $62,347,909.93 $6,931,367.15 11.1%
    Feb $46,305,952.03 $4,386,889.64 9.0%
    Mar $65,593,041.78 $1,703,064.81 2.6%
    Apr $48,687,247.38 $4,542,659.71 9.3%
    May $47,308,478.67 $4,706,466.35 9.9%

    Arkansas 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $50,698,700.74 $5,855,921.37 11.6%
    Feb $40,947,811.47 $2,672,209.37 6.5%
    Mar $50,031,696.43 $3,406,749.16 6.8%
    Apr $41,763,742.01 $3,788,711.97 9.1%
    May $39,823,867.08 $3,556,977.29 8.9%
    June $31,416,491.56 $3,227,768.99 10.3%
    July $25,464,079.55 $2,677,225.18 10.5%
    Aug $32,207,496.67 $1,941,927.20 6.0%
    Sept $53,056,637.65 $6,918,340.96 13.0%
    Oct $60,435,367.64 $3,150,162.46 5.2%
    Nov $66,058,202.50 $9,201,129.94 13.9%
    Dec $66,015,967.59 $1,804,605.15 2.7%

    Arkansas 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $32,976,263.78 $2,868,243.53 8.7%
    Feb $29,532,263.40 $1,709,714.05 5.8%
    Mar $37,474,412.47 $4,264,046.92 11.4%
    Apr $25,452,659.00 $2,336,023 9.2%
    May $22,777,209.13 $2,293,280.81 10.1%
    June $22,708,944.62 $1,334,972.77 5.9%
    July $17,577,626.45 $2,077,422.11 11.8%
    Aug $22,553,214.32 $1,673,538.31 7.4%
    Sept $41,002,256.59 $4,026,260.97 9.8%
    Oct $44,986,802.89 $5,825,160.75 12.9%
    Nov $54,770,448.69 $3,018,845.21 5.5%
    Dec $52,952,226.11 $5,762,756.58 10.9%

    Arkansas 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $8,775,931.94 $1,181,335.40 13.50%
    Feb $5,876,443.86 $331,001.46 5.60%
    Mar $10,686,500.56 $791,848.06 7.40%
    Apr $8,598,226.07 $749,810.56 8.70%
    May $10,185,647.40 $583,015.48 5.70%
    Jun $12,632,207.00 $4,044.98 0.00%
    Jul $9,290,467.35 $854,435.82 9.20%
    Aug $10,195,911.40 $1,015,339.56 10.00%
    Sep $21,185,546.60 $3,208,032.31 15.10%
    Oct $26,879,106.82 $2,793,719.19 10.40%
    Nov $30,576,009.02 $2,999,449.73 9.80%
    Dec $30,936,484.55 $3,409,971.76 11.00%

    Colorado sports betting revenue

    Colorado sports betting began on May 1, 2020, and features online sports betting and retail betting for users. The Centennial State generated $6.1 billion in total sports betting handle in 2024.

    Below is an outline of Colorado's sports betting figures over the years:  

    Colorado annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,775,049,512 $239,853,349.43 8.7%
    2024 $6,187,564,045 $475,176,732.20 7.7%
    2023 $5,560,232,285 $391,773,823.59 7.0%
    2022 $5,181,758,901 $351,950,256.52 6.80%

    Colorado 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $657,182,798 $60,909,818.74 9.3%
    Feb $496,628,781 $46,377,521.20 9.3%
    Mar $618,044,246 $36,247,840.67 5.9%
    Apr $507,860,831 $47,275,156.18 9.3%
    May $495,332,856 $49,043,012.64 9.9%

    Colorado 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $596,685,967.76 $53,490,322.54 9.0%
    Feb $536,988,261.40 $25,762,378.24 4.8%
    Mar $593,094,977.24 $45,041,776.29 7.6%
    Apr $509,508,228.35 $32,028,036.33 6.3%
    May $447,561,934.48 $44,991,355.21 10.1%
    June $350,425,610.39 $28,196,297.25 8.0%
    July $320,396,840.88 $32,548,659.03 10.2%
    Aug $372,378,663.79 $33,202,184.07 8.9%
    Sept $562,923,089.75 $55,092,144 9.8%
    Oct $601,222,030.73 $39,328,305.38 6.5%
    Nov $647,951,807.02 $55,666,474.79 8.6%
    Dec $648,426,633.70 $29,828,799.10 4.6%

    Colorado 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $547,189,024.98 $35,482,561.83 6.50%
    Feb $425,142,876.63 $22,599,602.21 5.30%
    Mar $494,440,209.59 $45,763,226.09 9.29%
    Apr $417,814,147 $35,148,592 8.4%
    May $385,242,135.59 $31,406,903.03 8.2%
    June $310,656,478.39 $9,223,661.30 3.0%
    July $281,110,490.36 $24,962,106 8.9%
    Aug $306,065,790.69 $25,873,057.73 8.5%
    Sept $512,792,794.07 $45,276,516.95 8.8%
    Oct $554,859,801.15 $46,914,491.62 8.5%
    Nov $608,488,266.48 $28,585,605.69 4.7%
    Dec $716,430,270.22 $40,537,499.14 5.7%

    Colorado 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $573,720,213.20 $34,640,219.20 6.00%
    Feb $440,508,420.81 $19,604,490.20 4.50%
    Mar $505,611,080.13 $28,238,194.15 5.60%
    Apr $392,311,737.41 $22,571,887.23 5.80%
    May $360,325,437.74 $27,119,329.32 7.50%
    Jun $313,215,080.54 $6,781,091.85 2.20%
    Jul $258,414,807.73 $20,802,880.86 8.10%
    Aug $290,107,969.56 $25,859,270.20 8.90%
    Sep $450,232,596.97 $51,339,659.25 11.40%
    Oct $526,619,776.98 $36,514,974.08 6.90%
    Nov $552,603,012.51 $37,569,022.31 6.80%
    Dec $518,088,768.08 $40,909,237.87 7.90%
    Back to historical year-by-year data

    Connecticut sports betting revenue

    Connecticut sports betting began on Sept. 30, 2021 with retail betting, and online betting began a few weeks later on Oct. 19. The Nutmeg State generated $2.18 billion in total sports betting handle in 2024.

    Below is an outline of Connecticut's sports betting figures over the years: 

    Connecticut annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $972,160,756 $104,642,657 10.8%
    2024 $2,188,729,409 $224,648,054 10.3%
    2023 $1,762,933,823 $174,817,802 10.10%
    2022 $1,518,393,076 $135,523,218 8.9%

    Connecticut 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $229,341,717 $26,875,682 11.7%
    Feb $169,389,080 $20,418,665 12.1%
    Mar $207,660,971 $16,428,185 7.9%
    Apr $181,821,330 $18,523,786 10.2%
    May $183,947,658 $22,396,339 12.2%

    Connecticut 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $202,752,249 $24,844,848 12.3%
    Feb $162,841,632 $13,978,597 8.6%
    Mar $187,815,980 $16,502,976 8.8%
    Apr $156,782,839 $18,138,789 11.6%
    May $163,648,829 $17,121,303 10.5%
    June $148,557,056 $14,765,758 9.9%
    July $121,808,571 $15,853,217 13.0%
    Aug $129,150,001 $13,656,125 10.6%
    Sept $214,394,512 $26,586,419 12.4%
    Oct $229,151,493 $18,509,469 8.1%
    Nov $228,155,465 $30,310,967 13.3%
    Dec $243,670,782 $14,379,586 5.9%

    Connecticut 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $167,673,044 $17,562,322 10.5%
    Feb $136,508,300 $10,866,536 8.0%
    Mar $159,997,579 $16,509,118 10.3%
    Apr $126,600,000 $13,146,672 10.4%
    May $109,421,369 $14,926,294 13.6%
    June $91,414,677 $8,879,045 9.7%
    July $91,512,897 $10,624,363 11.6%
    Aug $91,316,807 $9,251,667 10.1%
    Sept $180,954,956 $18,718,687 10.3%
    Oct $189,626,160 $19,428,117 10.2%
    Nov $205,736,989 $12,524,037 6.1%
    Dec $212,171,045 $22,380,944 10.5%

    Connecticut 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $158,092,481.00 $11,187,162.00 7.10%
    Feb $115,619,953.00 $5,028,912.00 4.30%
    Mar $140,747,137.00 $10,130,861.00 7.20%
    Apr $116,465,199.00 $9,519,496.00 8.20%
    May $115,180,155.00 $9,353,193.00 8.10%
    Jun $95,421,852.00 $6,398,056.00 6.70%
    Jul $78,316,775.00 $7,743,423.00 9.90%
    Aug $78,539,367.00 $10,091,279.00 12.80%
    Sep $130,547,719.00 $16,989,682.00 13.00%
    Oct $164,170,106.00 $15,898,881.00 9.70%
    Nov $165,026,282.00 $17,414,783.00 10.60%
    Dec $160,266,050.00 $15,767,490.00 9.80%

    DC sports betting revenue

    Washington D.C. sports betting began in September 2021. The District State generated $462.4 million in total sports betting handle in 2024. 

    D.C. enjoyed a resurgence in its sports betting landscape after overhauling its operators in 2024.

    Below is an outline of Washington, D.C.'s sports betting figures over the years: 

    DC annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $364,633,336.34 $39,134,349.19 10.9%
    2024 $462,485,976.23 $53,924,439.89 11.7%
    2023 $169,771,690.27 $19,048,156.97 11.6%
    2022 $216,231,404.88 $23,210,126.82 10.70%

    DC 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $73,096,228.27 $9,295,355.72 12.7%
    Feb $59,507,037.02 $7,349,433.17 12.4%
    Mar $86,014,452.41 $6,222,043.84 7.2%
    Apr $71,545,569.06 $8,294,716.31 11.6%
    May $74,470,049.58 $7,972,800.15 10.7%

    DC 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $15,957,166.52 $1,933,438.98 12.1%
    Feb $11,977,393.53 $1,219,280.33 10.2%
    Mar $15,742,055.45 $1,366,514.98 8.7%
    Apr $26,649,703.31 $3,529,186.29 13.2%
    May $36,343,451.45 $5,629,748.88 15.5%
    June $29,627,133.33 $3,993,069.43 13.5%
    July $27,347,851.94 $3,893,780.20 14.2%
    Aug $40,583,711.24 $4,542,228.85 11.2%
    Sept $58,817,348.09 $8,187,522.04 13.9%
    Oct $65,834,191.53 $6,566,153.52 10.0%
    Nov $68,272,811.38 $9,029,019.03 13.2%
    Dec $65,333,158.46 $4,034,497.36 6.2%

    DC 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $20,115,254.18 $1,494,441.05 7.40%
    Feb $14,634,828.47 $1,193,982.23 8.20%
    Mar $18,091,767.55 $2,275,690.07 12.60%
    Apr $14,052,054.12 $1,418,907.39 10.1%
    May $12,532,898.59 $2,024,803.36 16.2%
    June $11,150,332.67 $484,672.13 4.3%
    July $7,722,843.39 $1,409,549.21 18.3%
    Aug $8,111,021.35 $1,048,451.31 12.9%
    Sept $14,480,473.35 $1,934,261.05 13.4%
    Oct $16,435,888.83 $2,001,444.87 12.2%
    Nov $17,128,830.88 $1,227,995.04 7.2%
    Dec $15,315,496.89 $2,533,959.26 16.5%

    DC 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $18,627,788.92 $1,962,255.79 10.50%
    Feb $19,072,855.63 $740,542.22 3.90%
    Mar $20,432,718.24 $1,365,996.28 6.70%
    Apr $18,379,903.50 $1,431,275.24 7.80%
    May $17,234,139.69 $2,016,708.67 11.70%
    Jun $13,760,037.10 $999,927.74 7.30%
    Jul $11,346,178.04 $1,166,210.32 10.30%
    Aug $13,147,645.47 $1,832,685.45 13.90%
    Sep $19,361,047.44 $3,530,486.36 18.20%
    Oct $24,801,500.07 $3,111,717.63 12.50%
    Nov $21,401,681.58 $2,641,693.45 12.30%
    Dec $18,665,909.20 $2,410,627.67 12.90%

    Delaware sports betting revenue

    Delaware sports betting began in June 2018, and is a retail-only market. The First State generated $216.2 million in total sports betting handle in 2024. 

    Below is an outline of Delaware's sports betting figures over the years:  

    Delaware annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $99,122,353 $9,691,797 9.7%
    2024 $216,240,459 $24,717,384 11.4%
    2023 $65,326,807 $14,539,393 22.3%
    2022 $82,471,393 $17,317,229 21%

    Delaware 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $23,805,707 $2,958,321 12.4%
    Feb $18,056,720 $1,218,200 6.7%
    Mar $21,585,890 $1,540,252 7.1%
    Apr $18,213,653 $2,041,825 11.2%
    May $17,460,383 $1,933,199 11.1%

    Delaware 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $17,085,199 $2,862,312 16.8%
    Feb $13,763,241 $1,036,444 7.5%
    Mar $18,935,525 $1,660,438 8.8%
    Apr $15,522,996 $1,694,762 10.9%
    May $15,107,592 $1,754,361 11.6%
    June $13,058,698 $1,369,322 10.5%
    July $9,927,116 $1,700,615 17.1%
    Aug $10,259,279 $1,146,052 11.2%
    Sept $23,242,735 $4,676,638 20.1%
    Oct $24,502,521 $1,845,797 7.5%
    Nov $26,390,185 $4,378,351 16.6%
    Dec $28,445,372 $592,292 2.1%

    Delaware 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $8,457,660 $2,325,156 27.50%
    Feb $4,120,957 $373,701 9.10%
    Mar $3,491,183 $626,371 17.9%
    Apr $3,450,142 $454,657 13.2%
    May $2,760,829 $314,900 11.4%
    June $3,128,258 $123,625 4.0%
    July $2,256,345 $378,416 16.8%
    Aug $2,400,532 $426,015 17.7%
    Sept $7,633,258 $1,544,760 20.2%
    Oct $10,663,361 $3,828,072 35.9%
    Nov $8,126,283 $1,101,041 13.5%
    Dec $8,837,999  $3,042,679 34.4%

    Delaware 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $12,637,103 $2,716,346 21.50%
    Feb $5,435,407 $73,298 1.30%
    Mar $5,157,583 $632,532 12.30%
    Apr $4,200,298 $359,242 8.60%
    May $5,127,275 $566,488 11.00%
    Jun $3,507,846 $243,164 6.90%
    Jul $2,678,686 $438,549 16.40%
    Aug $2,902,652 $429,732 14.80%
    Sep $8,948,981 $3,859,442 43.10%
    Oct $13,545,163 $3,629,919 26.80%
    Nov $10,172,819 $2,303,197 22.60%
    Dec $8,157,580 $2,065,320 25.30%
    Back to historical year-by-year data

    Florida sports betting revenue

    Florida sports betting went live in December 2023 with Hard Rock Bet as the only approved online sports betting option in the state.

    Florida brought in $12 billion in handle in its first full year of operation.

    Below is an outline of Florida's sports betting figures: 

    *all figures are estimated

    Florida annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $5,544,500,000 $510,000,000 9.2%
    2024 $12,733,175,580 $1,175,000,000 9.2%
    2023 $900,000,000 $90,000,000 10.0%

    Florida 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,545,500,000  $170,000,000 11.0%
    Feb $1,250,000,000 $125,000,000 10.0%
    Mar $1,538,500,000 $100,000,000 6.5%
    Apr $1,210,500,000 $115,000,000 9.5%

    Florida 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,363,600,000 $150,000,000 11.0%
    Feb $1,250,000,000 $100,000,000 8.0%
    Mar $1,062,500,000 $85,000,000 8.0%
    Apr $800,000,000 $80,000,000 10.0%
    May $952,400,000 $100,000,000 10.5%
    June $842,100,000 $80,000,000 9.5%
    July $500,000,000 $55,000,000 11.0%
    Aug $588,200,000 $50,000,000 8.5%
    Sept $1,217,400,000 $140,000,000 11.5%
    Oct $1,285,700,000 $90,000,000 7.0%
    Nov $1,454,500,000 $160,000,000 11.0%
    Dec $1,416,700,000 $85,000,000 6.0%

    Florida 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Dec $900,000,000 $90,000,000 10.0%

    Illinois sports betting revenue

    Illinois sports betting began on June 28, 2019, with retail betting and online betting began on June 18, 2020. The Prairie State generated $14 billion in total sports betting handle in 2024. 

    Illinois sports betting eclipsed $1 billion in bets for the seventh consecutive month.

    Below is an outline of Illinois' sports betting figures over the years:  

    Illinois annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $5,412,703,986 $479,402,889 8.9%
    2024 $14,012,948,440 $1,199,630,882 8.6%
    2023 $11,613,463,222 $1,002,257,982 8.6%
    2022 $9,739,208,276 $794,102,885 8.20%

    Illinois 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,473,402,444 $147,226,342 10.0%
    Feb $1,162,502,097 $128,060,188 11.0%
    Mar $1,489,028,039 $95,709,560 6.4%
    Apr $1,287,771,406 $108,406,799 8.4%

    Illinois 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,291,606,042.17 $134,873,758.02 10.4%
    Feb $1,077,133,512.57 $83,670,671.29 7.8%
    Mar $1,260,594,697.51 $99,875,917.53 7.9%
    Apr $1,106,554,912.01 $91,227,630.16 8.2%
    May $1,015,279,112.14 $101,110,643.50 10%
    June $852,270,765.77 $85,626,787.69 10%
    July $769,017,563.53 $71,564,310.63 9.3%
    Aug $865,224,241.79 $58,555,099.64 6.8%
    Sept $1,308,179,753 $137,152,464.64 10.5%
    Oct $1,438,943,587.12 $81,060,777.56 5.6%
    Nov $1,531,100,259.84 $154,527,751.34 10.1%
    Dec $1,497,043,989.16 $100,385,070.32 6.7%

    Illinois 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,077,486,084.89 $96,005,711.39 8.90%
    Feb $880,452,829.64 $68,362,950.98 7.80%
    Mar $1,062,509,012.69 $97,231,065.79 10%
    Apr $906,722,813.42 $89,462,801.59 9.9%
    May $819,211,196.57 $89,075,297.94 10.9%
    June $668,151,968.66 $54,669,429.26 8.2%
    July $609,750,650.93 $60,276,101.94 9.9%
    Aug $664,265,657.46 $47,023,954.20 7.1%
    Sept $1,064,847,529.40 $86,263,443.95 8.1%
    Oct $1,169,105,323.52 $112,724,122.39 9.6%
    Nov $1,374,822,623.63 $72,722,089.69 5.3%
    Dec $1,316,137,531.39 $128,441,013.78 9.8%

    Illinois 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $873,435,398.68 $65,273,281.79 7.50%
    Feb $683,577,994.23 $35,278,176.52 5.20%
    Mar $953,825,795.25 $61,968,443.67 6.50%
    Apr $841,741,786.59 $70,589,695.98 8.40%
    May $765,815,235.33 $66,437,866.25 8.70%
    Jun $628,338,170.00 $40,860,123.00 6.50%
    Jul $518,645,316.35 $46,080,135.77 8.90%
    Aug $548,006,240.61 $47,797,430.44 8.70%
    Sep $826,688,834.83 $78,416,645.64 9.50%
    Oct $1,040,078,980.36 $102,088,547.91 9.80%
    Nov $1,029,647,400.34 $96,969,200.79 9.40%
    Dec $1,029,407,124.40 $82,343,337.54 8.00%

    Indiana sports betting revenue

    Indiana sports betting began in March 2020 with retail betting, and online betting began in June 2020. The Hoosier State generated $5.21 billion in total sports betting handle in 2024. 

    Though Indiana's sports betting handle dropped from March to April, it grew from April 2024.

    Below is an outline of Indiana's sports betting figures over the years:  

    Indiana annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,395,544,639.10 $222,808,321.83 9.4%
    2024 $5,212,332,659 $485,090,844 9.3%
    2023 $4,337,817,807.15 $404,060,030.50 9.3%
    2022 $4,470,774,958.25 $386,785,294.71 8.70%

    Indiana 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $538,705,450.17 $57,029,654.13 10.6%
    Feb $432,889,381.12 $47,302,722.24 10.9%
    Mar $553,578,452.95 $34,995,595.97 6.3%
    Apr $437,099,848.58 $41,423,026.44 9.5%
    May $433,271,506.28 $42,057,323.05 9.7%

    Indiana 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $480,573,357 $53,506,697 11.1%
    Feb $408,675,533 $37,601,071 9.2%
    Mar $500,757,257 $37,899,470 7.6%
    Apr $393,855,316 $39,077,679 9.9%
    May $361,590,148 $38,695,260 10.7%
    June $298,166,250 $30,442,288 10.2%
    July $261,071,808 $29,534,749 11.3%
    Aug $307,902,881 $29,418,190 9.6%
    Sept $483,843,655 $55,254,536 11.4%
    Oct $537,909,435 $35,082,060 6.5%
    Nov $614,362,613 $68,820,755 11.2%
    Dec $563,624,406 $29,758,089 5.3%

    Indiana 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $427,154,793.92 $35,347,153.80 8.30%
    Feb $356,187,758.65 $28,076,424.20 7.90%
    Mar $433,022,775.25 $43,746,468.61 10.10%
    Apr $321,404,737 $29,349,149 9.1%
    May $283,495,510 $33,542,239 11.8%
    June $224,070,051 $19,036,099.18 8.5%
    July $203,788,074 $23,420,739.76 11.5%
    Aug $238,079,854 $23,329,751 9.8%
    Sept $404,141,001.71 $40,624,360.54 10.1%
    Oct $429,673,062 $46,135,347.09 10.7%
    Nov $513,672,424.22 $26,848,974.98 5.2%
    Dec $503,127,765.40 $54,603,323.34 10.9%

    Indiana 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $500,138,649.00 $29,278,178.00 5.90%
    Feb $409,109,103.00 $22,396,133.00 5.50%
    Mar $479,695,527.00 $32,685,435.00 6.80%
    Apr $360,023,258.00 $27,634,094.00 7.70%
    May $308,385,684.00 $31,951,465.00 10.40%
    Jun $256,307,260.00 $15,653,583.00 6.10%
    Jul $206,627,686.00 $20,510,069.00 9.90%
    Aug $237,990,177.00 $25,978,250.00 10.90%
    Sep $382,507,090.40 $50,551,748.51 13.20%
    Oct $446,248,393.61 $46,393,924.54 10.40%
    Nov $452,318,954.24 $40,197,275.80 8.90%
    Dec $431,423,176.00 $43,555,138.86 10.10%

    Iowa sports betting revenue

    Iowa sports betting began in August 2019 with retail betting and online betting. The Hawkeye State generated $2.77 billion in total sports betting handle in 2024.

    Iowa sportsbooks enjoyed increased revenue in April.

    Below is an outline of Iowa's sports betting figures over the years:  

    Iowa annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $1,212,137,305.30 $102,028,392.72 8.5%
    2024 $2,770,339,580.62 $218,482,781.65 7.9%
    2023 $2,420,464,385.99 $198,797,419.22 8.2%
    2022 $2,348,065,963.33 $165,551,990.32 7.10%

    Iowa 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $289,730,208.89 $26,188,815.79 9.0%
    Feb $216,451,613.83 $21,272,944.44 9.8%
    Mar $287,826,744.94 $15,749,319.64 5.5%
    Apr $215,555,372.79 $18,757,824.32 8.7%
    May $202,573,364.85 $20,059,488.53 9.9%

    Iowa 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $259,468,795.21 $22,064,697.35 8.5%
    Feb $220,583,731.55 $13,608,942.97 6.2%
    Mar $272,366,214.10 $18,194,914.35 6.7%
    Apr $209,522,910.70 $16,527,341.75 7.9%
    May $182,461,326.32 $16,697,596.40 9.2%
    June $146,682,917.56 $12,494,103.08 8.5%
    July $138,136,616.46 $13,880,200.30 10%
    Aug $166,987,544.23 $15,755,186.81 9.4%
    Sept $270,853,307.53 $27,459,491.04 10.1%
    Oct $294,931,668.85 $18,443,864.43 6.3%
    Nov $315,221,241.35 $30,069,719.61 9.5%
    Dec $293,123,306.76 $13,286,723.56 4.5%

    Iowa 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $233,619,612.38 $16,543,360.58 7.10%
    Feb $193,879,638.12 $11,871,156.24 6.10%
    Mar $232,614,150.30 $19,857,210.09 8.50%
    Apr $172,589,394 $14,127,483 8.2%
    May $147,715,126.26 $16,599,870.83 11.2%
    June $115,595,592.51 $7,131,172.77 6.2%
    July $109,680,895.28 $10,568,988.51 9.6%
    Aug $141,295,038.62 $13,507,280.39 9.6%
    Sept $245,759,020.10 $24,059,082.73 9.8%
    Oct $255,293,522.35 $24,189,825.15 9.5%
    Nov $289,698,466.19 $14,090,776.30 4.9%
    Dec $282,723,929.88 $26,251,212.63 9.3%

    Iowa 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $303,327,687.52 $14,269,557.46 4.70%
    Feb $215,921,313.46 $8,579,099.66 4.00%
    Mar $233,525,474.48 $14,411,045.78 6.20%
    Apr $177,370,317.00 $12,398,243.00 7.00%
    May $147,913,284.00 $12,630,387.00 8.50%
    Jun $122,437,949.61 $6,568,678.08 5.40%
    Jul $108,556,796.13 $11,173,191.07 10.30%
    Aug $122,568,313.38 $14,418,923.26 11.80%
    Sep $200,230,740.78 $25,417,556.91 12.70%
    Oct $238,788,233.84 $19,137,523.31 8.00%
    Nov $247,476,283.51 $5,802,260.86 2.30%
    Dec $229,949,569.62 $20,745,523.93 9.00%
    Back to historical year-by-year data

    Kansas sports betting revenue

    Kansas sports betting, which began on Sept. 1, 2022, features both online and retail betting for users. The Sunflower State generated $2.5 billion in total sports betting handle in 2024.

    Below is an outline of Kansas' sports betting figures over the years:  

    Kansas annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $1,174,955,644 $121,818,809 10.6%
    2024 $2,546,011,854 $216,734,056 8.5%
    2023 $2,121,564,412 $182,415,461 8.6%
    2022 $718,777,570 $76,505,901 10.60%

    Kansas 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $301,837,632 $28,162,001 9.3%
    Feb $216,186,513 $34,977,452 16.2%
    Mar $248,409,035 $15,324,369 6.2%
    Apr $208,813,091 $20,404,281 9.8%
    May $199,709,373 $22,950,706 11.5%

    Kansas 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $239,618,587 $20,864,472 8.7%
    Feb $203,046,644 $8,463,732 4.2%
    Mar $252,901,770 $16,760,995 6.6%
    Apr $192,085,924 $17,890,802 9.3%
    May $172,204,880 $17,210,244 10%
    June $140,102,333 $14,518,082 10.4%
    July $122,040,797 $13,443,364 11%
    Aug $146,975,336 $10,581,830 7.2%
    Sept $248,870,846 $34,077,993 13.7%
    Oct $275,916,403 $12,970,435 4.7%
    Nov $290,968,780 $34,755,047 11.9%
    Dec $261,279,554 $15,197,060 5.8%

    Kansas 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $206,060,734 $15,105,189 7.30%
    Feb $194,034,469 -$845,377 -0.40%
    Mar $206,287,094 $20,975,191 10.20%
    Apr $132,981,289 $9,197,202 6.91%
    May $120,323,444 $14,550,824 12.1%
    June $98,125,865 $8,195,048 8.4%
    July $79,715,016 $9,644,263 12.1%
    Aug $94,415,479 $7,662,828 8.1%
    Sept $219,293,493 $18,155,498 8.3%
    Oct $249,711,810 $25,404,712 10.2%
    Nov $260,937,284 $18,017,353 6.9%
    Dec $259,678,435 $30,913,033 11.9%

    Kansas 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Sep $160,527,371 $22,014,698 13.70%
    Oct $189,919,311 $18,582,842 9.80%
    Nov $186,353,708 $19,073,128 10.20%
    Dec $181,977,180 $16,835,233 9.30%

    Kentucky sports betting revenue

    Kentucky sports betting went live in September 2023 and features both online and retail betting options.

    Below is an outline of Kentucky's sports betting figures over the years: 

    Kentucky annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $1,224,351,821 $133,597,544 11.1%
    2024 $2,626,519,302 $277,646,258 10.6%
    2023 $886,130,170 $110,199,075 12.4%

    Kentucky 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $277,120,574  $33,638,951 12.1%
    Feb $224,733,399 $29,873,955 13.3%
    Mar $293,176,264 $20,161,752 6.9%
    Apr $219,760,439 $23,711,149 10.8%
    May $209,561,145 $26,211,737 12.5%

    Kentucky 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $245,604,391 $35,967,753 14.6%
    Feb $199,449,413 $19,491,638 9.8%
    Mar $256,246,090 $22,107,012 8.6%
    Apr $187,319,033 $23,237,278 12.4%
    May $181,351,571 $21,603,056 11.9%
    June $150,313,713 $15,766,953 10.5%
    July $129,270,003 $15,431,178 11.9%
    Aug $151,409,422 $12,143,829 8.0%
    Sept $255,863,415 $33,881,493 13.2%
    Oct $274,928,953 $21,140,572 7.7%
    Nov $301,740,758 $36,629,990 12.1%
    Dec $293,022,540 $20,245,506 6.9%

    Kentucky 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Sept $45,862,901.92 $2,560,455 5.6%
    Oct $294,950,219.16 $54,037,982 18.3%
    Nov $281,455,256 $21,580,783 7.7%
    Dec $263,861,793 $32,019,855 12.1%

    Louisiana sports betting revenue

    Louisiana sports betting began in November 2021 with retail betting, and online betting began in January 2022. The Bayou State generated $3.6 billion in total sports betting handle in 2024. 

    Below is an outline of Louisiana's sports betting figures over the years:  

    Louisiana annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $1,795,052,819 $227,523,128 12.7%
    2024 $3,699,656,883 $464,989,089 12.6%
    2023 $2,905,136,865 $366,965,819 12.6%
    2022 $2,299,760,918 $214,334,604 9.30%

    Louisiana 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $382,873,920 $53,668,017 14%
    Feb $381,244,368 $53,876,140 14.1%
    Mar $386,427,937 $31,796,443 8.2%
    Apr $343,838,482 $40,667,102 11.8%
    May $300,668,112 $47,515,426 15.8%

    Louisiana 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $346,320,907 $52,696,465 15.2%
    Feb $274,775,955 $31,152,229 11.3%
    Mar $350,006,557 $37,700,995 10.8%
    Apr $283,059,884 $40,367,859 14.3%
    May $256,659,997 $34,711,724 13.5%
    June $212,056,544 $27,221,159 12.8%
    July $184,543,537 $24,235,120 13.1%
    Aug $234,512,847 $25,447,524 10.9%
    Sept $351,679,502 $55,224,101 15.7%
    Oct $401,847,954 $42,817,957 10.7%
    Nov $413,465,532 $58,209,106 14.1%
    Dec $390,727,667 $35,204,850 9.0%

    Louisiana 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $282,269,901 $35,729,570 12.7%
    Feb $197,709,561 $23,295,088 11.8%
    Mar $249,279,453 $32,318,327 13.0%
    Apr $209,746,932 $23,414,940 11.2%
    May $195,123,855 $29,860,212 15.3%
    June $160,083,233 $13,621,060 8.5%
    July $134,757,491 $18,282,477 13.6%
    Aug $153,933,704 $18,137,683 11.8%
    Sept $280,093,549 $43,143,474 15.4%
    Oct $308,613,008 $43,338,752 14.0%
    Nov $356,479,622 $29,304,005 8.2%
    Dec $377,046,556 $56,520,231 15%

    Louisiana 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $89,732,385 $7,982,840 8.90%
    Feb $238,413,596 $27,316,419 11.50%
    Mar $232,730,341 $30,943,063 13.30%
    Apr $208,255,060 $6,140,843 2.90%
    May $171,135,819 $25,691,302 15.00%
    Jun $132,438,015 $10,891,261 8.20%
    Jul $118,329,243 $20,729,894 17.50%
    Aug $128,251,857 $9,713,993 7.60%
    Sep $201,553,881 $32,263,110 16.00%
    Oct $255,528,321 $30,694,282 12.00%
    Nov $268,638,967 -$25,323,194 -9.40%
    Dec $254,753,433 $37,290,791 14.60%

    Maine sports betting revenue

    Maine was the last U.S. state to begin offering sports betting in 2023, joining the fray in November.

    Below is an outline of Maine's sports betting figures over the years: 

    Maine annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $228,511,517 $27,721,970 12.1%
    2024 $524,408,448 $56,788,727 10.8%
    2023 $82,091,923 $9,210,175 11.35%

    Maine 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $50,817,780 $7,116,610 14.0%
    Feb $41,382,257 $5,328,498 12.9%
    Mar $49,504,692 $4,264,542 8.6%
    Apr $46,448,634 $5,728,274 12.3%
    May $40,358,154 $5,284,046 13.1%

    Maine 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $38,133,928.60 $5,553,603.41 14.6%
    Feb $33,725,875.86 $4,336,678.58 12.9%
    Mar $47,556,948.44 $2,822,506.89 5.9%
    Apr $38,377,182.65 $4,236,887.14 11.0%
    May $39,884,764.29 $3,409,575.04 8.5%
    June $39,506,937.52 $3,521,324.88 8.9%
    July $42,762,344.71 $6,136,157.47 14.3%
    Aug $35,619,698.80 $3,800,277.74 10.7%
    Sept $51,817,669.46 $6,795,336.53 13.1%
    Oct $52,305,632.31 $3,968,996.74 7.6%
    Nov $51,903,970.40 $8,129,268.76 15.7%
    Dec $52,813,494.99 $4,078,113.97 7.7%

    Maine 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Nov $37,605,088.02 $4,723,855.02 12.6%
    Dec $44,486,835.43 $4,486,320.61 10.1%
    Back to historical year-by-year data

    Maryland sports betting revenue

    Maryland sports betting began on Dec. 9, 2021 with retail betting, and online betting began on Nov. 23, 2022. The Free State generated $5.9 billion in total sports betting handle in 2024.

    Below is an outline of Maryland's sports betting figures over the years:  

    Maryland annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,701,197,457 $315,400,487.52 11.7%
    2024 $5,940,586,770 $635,714,973.81 10.7%
    2023 $4,617,323,132 $514,081,189.02 11.18%
    2022 $979,584,834 $149,342,084.06 15.20%

    Maryland 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $618,824,226 $82,095,603.95 13.3%
    Feb $475,708,503 $59,974,565.39 12.6%
    Mar $588,500,308 $47,851,961.47 8.1%
    Apr $513,716,231 $59,168,444.28 11.5%
    May $504,448,189 $66,309,912.43 13.1%

    Maryland 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $544,971,369.28 $80,000,651.65 14.7%
    Feb $442,557,658.07 $43,445,464.14 9.8%
    Mar $536,730,427.15 $45,104,095.94 8.4%
    Apr $486,319,123.75 $50,420,704.85 10.4%
    May $431,528,136.95 $51,065,130.70 11.8%
    June $384,687,981.64 $39,668,882.08 10.3%
    July $333,269,669.49 $43,764,979.78 13.1%
    Aug $377,381,688.53 $39,249,994.41 10.4%
    Sept $532,866,675.84 $65,431,799.72 12.3%
    Oct $593,105,471.23 $49,601,687.08 8.4%
    Nov $639,867,400.42 $82,338,594.97 12.9%
    Dec $637,301,167.68 $45,622,988.49 7.2%

    Maryland 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $441,481,778.86 $59,601,405.22 13.50%
    Feb $339,421,545.64 $40,214,644.23 11.80%
    Mar $385,967,194.94 $47,548,313.28 12.30%
    Apr $328,454,397.00 $35,644,586.12 10.8%
    May $320,199,671.00 $42,742,216 13.3%
    June $254,476,790.17 $27,077,118.31 10.6%
    July $247,412,347.75 $28,114,520.69 11.4%
    Aug $263,729,559.11 $24,900,637.15 9.4%
    Sept $442,450,665.91 $45,575,923.48 10.3%
    Oct $483,147,391.18 $58,701,909.98 12.1%
    Nov $550,716,328.62 $41,628,982.32 7.6%
    Dec $559,865,462.67 $62,330,932.24 11.1%

    Maryland 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $32,530,831.00 $4,375,316.00 13.40%
    Feb $25,526,147.51 $955,376.80 3.70%
    Mar $31,025,891.53 $3,846,791.07 12.40%
    Apr $26,908,845.00 $2,838,500.77 10.50%
    May $23,095,541.88 $3,019,311.40 13.10%
    Jun $19,121,331.02 $1,309,833.91 6.90%
    Jul $15,492,757.39 $2,026,547.53 13.10%
    Aug $18,650,801.84 $3,231,851.34 17.30%
    Sep $31,376,072.43 $6,639,776.25 21.20%
    Oct $39,663,585.66 $5,309,435.94 13.40%
    Nov $219,071,373.52 $30,620,538.98 14.00%
    Dec $497,121,655.58 $85,168,804.07 17.10%

    Massachusetts sports betting revenue

    Massachusetts sports betting began on Jan. 31, 2023, with retail betting and online betting beginning on March 10. The Bay State generated $7.4 billion in handle in 2024.

    Massachusetts' sports betting revenue rose to more than $80 million in May.

    Below is an outline of Massachusetts' sports betting figures: 

    Massachusetts annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,509,312,763 $368,102,658 10.5%
    2024 $7,401,117,704 $670,807,503 9.1%
    2023 $4,965,975,601 $483,059,490 9.7%

    Massachusetts 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $762,643,747 $96,372,000 12.6%
    Feb $628,170,780 $67,108,766 10.7%
    Mar $772,454,574 $54,246,757 7.0%
    Apr $690,255,200 $67,625,682 9.8%
    May $655,788,462 $82,749,453 12.6%

    Massachusetts 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $651,747,269.22 $72,718,240.59 11.2%
    Feb $542,480,675.79 $53,860,585.74 9.9%
    Mar $654,933,311.80 $47,840,192.95 7.3%
    Apr $603,253,751.13 $50,593,501.74 8.4%
    May $587,262,702.84 $59,002,616.09 10%
    June $509,356,529.22 $42,261,185.96 8.3%
    July $411,791,698 $42,235,948.75 10.3%
    Aug $447,318,475.51 $34,496,636.17 7.7%
    Sept $678,747,446.53 $75,354,989.12 11.1%
    Oct $748,070,048.83 $50,321,644.17 6.7%
    Nov $777,814,799 $82,600,000 10.6%
    Dec $788,340,995.76 $59,418,826.73 7.5%

    Massachusetts 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $488,746.90 -$8,227.36 -1.70%
    Feb $24,435,509.49 $1,486,743.31 6.10%
    Mar $568,091,232.87 $48,289,185.32 8.50%
    Apr $579,262,822.66 $60,281,564.30 10.41%
    May $454,965,416.18 $62,073,252.26 13.6%
    June $331,890,623.80 $33,000,351.56 9.9%
    July $294,924,777.29 $30,132,776.89 10.2%
    Aug $314,923,841.60 $23,485,442.03 7.5%
    Sept $512,499,062.24 $51,045,187.48 10.0%
    Oct $571,360,625.10 $60,560,833.51 10.6%
    Nov $654,435,572.35 $50,550,462.72 7.7%
    Dec $658,697,371.04 $62,161,918.18 9.4%

    Michigan sports betting revenue

    Michigan sports betting began in March 2020 with retail betting, and online betting began in January 2021. The Wolverine State generated $5.51 billion in total sports betting handle 2024.

    Michigan's sports betting revenue surpassed $50 million in May.

    Below is an outline of Michigan's sports betting figures over the years: 

    Michigan annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,272,161,110 $260,109,372 11.4%
    2024 $5,511,011,495 $470,207,013 8.5%
    2023 $4,810,903,876 $434,348,364 9%
    2022 $4,814,088,970 $102,861,549 8.70%

    Michigan 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $574,628,173 $85,557,585 14.9%
    Feb $388,079,419 $46,806,623 12.1%
    Mar $487,163,310 $33,541,028 6.9%
    Apr $426,993,695 $42,958,990 10.1%
    May $395,296,513 $51,245,146 13.0%

    Michigan 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $601,585,141.96 $48,177,009.93 8.0%
    Feb $415,816,758.02 $30,356,706.15 7.3%
    Mar $497,622,751.78 $43,527,826.37 8.7%
    Apr $414,426,338.78 $43,437,159.91 10.5%
    May $354,836,011.08 $42,756,600.72 12%
    June $285,170,265.64 $31,796,589.16 11.2%
    July $256,764,456.83 $29,021,451.65 11.3%
    Aug $289,680,650.91 $29,051,667.75 10.0%
    Sept $523,776,649.63 $59,200,302.87 11.3%
    Oct $582,611,718.16 $32,205,079.35 5.5%
    Nov $671,219,906.82 $60,193,676.92 9.0%
    Dec $617,500,845.32 $20,482,942.63 3.3%

    Michigan 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $490,904,821.86 $33,747,273.81 6.90%
    Feb $357,161,200.04 $23,117,567.68 6.50%
    Mar $421,666,037.47 $45,996,708.49 10.90%
    Apr $338,127,853.37 $36,410,054.48 10.8%
    May $305,275,755.22 $36,098,429.94 11.8%
    June $235,996,766.67 $17,911,450.04 7.6%
    July $208,808,122.69 $22,977,240.86 11.0%
    Aug $228,495,763.37 $23,475,314.44 10.3%
    Sept $475,772,390.52 $45,561,286.91 9.6%
    Oct $551,127,023.95 $46,127,684.95 8.4%
    Nov $584,142,442.95 $37,016,055.06 6.3%
    Dec $613,425,698.69 $65,909,298.04 10.7%

    Michigan 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $532,681,709.53 $36,608,568.69 6.90%
    Feb $423,768,381.19 $21,630,857.34 5.10%
    Mar $477,967,947.33 $32,404,414.76 6.80%
    Apr $396,009,818.83 $32,608,464.62 8.20%
    May $356,130,390.13 $35,913,103.32 10.10%
    Jun $292,389,429.46 $15,813,098.06 5.40%
    Jul $224,966,256.41 $22,874,717.92 10.20%
    Aug $229,797,476.03 $24,655,179.46 10.70%
    Sep $383,102,602.15 $50,409,621.42 13.20%
    Oct $504,336,506.99 $51,324,375.60 10.20%
    Nov $498,118,042.63 $42,709,152.34 8.60%
    Dec $494,820,409.40 $50,437,156.02 10.20%

    Mississippi sports betting revenue

    Mississippi sports betting began in August 2018, with retail betting. The Magnolia State generated $474 million in total sports betting handle in 2023.

    Handle and gross revenue dropped again from 2023 to 2024.

    Below is an outline of Mississippi's sports betting figures over the years: 

    Mississippi annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $155,051,958.17 $15,390,253.75 10.3%
    2024 $452,409,769.80 $41,601,987.83 9.2%
    2023 $474,275,129.90 $51,224,141.03 11.18%
    2022 $531,951,766.13 $60,816,324.52 11.40%

    Mississippi 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $42,524,280.38 $5,083,475.09 12.0%
    Feb $30,544,101.08 $1,294,774.85 4.2%
    Mar $34,455,293.18 $1,910,770.19 5.5%
    Apr $24,940,446.26 $3,689,185.96 14.8%
    May $22,587,837.27 $3,412,047.66 15.1%

    Mississippi 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $44,631,975.19 $6,670,919.95 14.9%
    Feb $31,374,401.97 $2,297,096.12 7.3%
    Mar $44,536,547.85 $3,362,903.13 7.6%
    Apr $34,259,932.56 $3,123,103.95 9.1%
    May $27,005,662.85 $2,058,985.81 7.6%
    June $19,373,327.85 $1,942,407.17 10.0%
    July $13,919,354.01 $1,876,206.15 13.5%
    Aug $22,634,556.85 $3,184,652.91 14.1%
    Sept $51,767,998.25 $7,043,852.27 13.6%
    Oct $48,581,328.91 $2,864,364.54 5.9%
    Nov $57,887,405.99 $8,048,595.91 13.9%
    Dec $56,437,277.50 -$871,100.08 -1.5%

    Mississippi 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $57,223,250.63 $5,117,380.30 8.90%
    Feb $39,807,504.26 $3,143,541.34 7.90%
    Mar $46,689,391.65 $4,953,171.25 10.60%
    Apr $31,805,003.88 $4,347,138.17 13.7%
    May $26,761,690.60 $3,180,952.77 11.9%
    June $20,414,901.65 $1,848,676.33 9.1%
    July $17,728,738.50 $2,463,671.42 13.9%
    Aug $21,392,231.38 $2,691,243.60 12.6%
    Sept $51,647,914.72 $8,144,027.54 15.8%
    Oct $49,503,678.86 $7,344,506.26 14.8%
    Nov $62,412,734.66 $3,103,061.06 5.0%
    Dec $48,888,089.11 $4,886,770.99 10%

    Mississippi 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $66,523,295.04 $6,521,389.08 9.80%
    Feb $40,871,618.06 $1,887,994.72 4.60%
    Mar $47,889,212.55 $4,042,432.03 8.40%
    Apr $35,503,585.17 $4,209,290.41 11.90%
    May $29,233,786.21 $4,006,358.74 13.70%
    Jun $25,096,237.73 $2,082,091.13 8.30%
    Jul $18,296,340.56 $2,527,212.13 13.80%
    Aug $21,234,897.57 $2,687,464.57 12.70%
    Sep $43,139,310.81 $8,779,943.44 20.40%
    Oct $56,199,188.96 $7,687,182.69 13.70%
    Nov $73,605,360.71 $5,087,584.83 6.90%
    Dec $74,358,932.76 $11,297,380.75 15.20%
    Back to historical year-by-year data

    Montana sports betting revenue

    Montana sports betting began in April 2022, with retail betting and online betting. The Treasure State generated $66.4 million in total sports betting handle in 2024.

    Below is an outline of Montana's sports betting figures over the years: 

    Montana annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $26,882,759 $3,682,561 13.1%
    2024 $66,469,999 $7,133,019 10.7%
    2023 $62,258,820 $8,446,611 13.6%
    2022 $50.918,515 $7,173,449 13.9%

    Montana 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $5,750,903 $1,289,383 22.4%
    Feb $3,743,225 $185,245 4.9%
    Mar $6,200,119 $685,025 11.0%
    Apr $6,207,185 $759,848 12.2%
    May $4,981,327 $763,060 15.3%

    Montana 2024 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $5,863,499 $852,106 14.5%
    Feb $4,702,533 $253,230 5.4%
    Mar $6,587,999 $500,560 7.6%
    Apr $5,486,089 $644,651 11.8%
    May $4,865,206 $599,686 12.3%
    June $3,880,623 $427,614 11%
    July $2,947,631 $567,830 19.3%
    Aug $3,782,754 $717,347 19%
    Sept $6,779,010 $893,172 13.2%
    Oct $7,590,965 -$26,938 -0.4%
    Nov $7,427,893 $1,593,721 21.5%
    Dec $6,555,797 $11,004 1.7%

    Montana 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $7,139,581 $979,495 13.7%
    Feb $4,366,807 $560,668 12.8%
    Mar $5,784,045 $925,542 16%
    Apr $5,201,964 $633,005 12.2%
    May $4,457,829 $666,686 15%
    June  $3,353,974 $282,263 8.4%
    July $2,587,209 $560,046 21.6%
    Aug $3,221,337 $337,442 10.5%
    Sept $6,204,965 $676,451 10.9%
    Oct $6,787,517 $1,102,195 16.2%
    Nov $6,996,429 $717,423 10.2%
    Dec $6,157,163 $1,005,395 16.3%

    Montana 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $5,117,844 $669,464 13.1%
    Feb $3,631,705 $705,841 19.4%
    Mar $3,981,218 $671,606 16.9%
    Apr $3,243,425 $389,693 12%
    May $3,236,702 $382,130 11.8%
    Jun $2,911,455 $274,694 9.4%
    Jul $2,560,000 $274,000 10.7%
    Aug $2,975,100 $440,591 14.8%
    Sep $4,940,321 $975,542 19.7%
    Oct $5,319,627 $681,222 12.8%
    Nov $5,782,523 $777,488 13.4%
    Dec $7,218,595 $931,178 12.9%

    Nevada sports betting revenue

    Nevada sports betting features both online and retail betting for users. The Silver State generated $8.26 billion in total sports betting handle in 2023. 

    Nevada sportsbooks collected $46 million in revenue in May.

    Below is an outline of Nevada's sports betting figures over the years: 

    Nevada annual data 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,456,672,190 $225,447,000 6.7%
    2024 $7,897,081,590 $482,121,000 6.1%
    2023 $8,261,020,999 $481,863,000 5.8%
    2022 $8,708,466,264 $446,698,000 5.10%

    Nevada 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $796,860,592 $72,594,000 9.1%
    Feb $604,787,701 $41,307,000 6.8%
    Mar $859,459,459 $22,260,000 2.6%
    Apr $618,836,043 $42,571,000 6.9%
    May $576,728,395 $46,715,000 8.1%

    Nevada 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $782,817,412.33 $64,739,000 8.3%
    Feb $711,887,072.81 $47,910,000 6.7%
    Mar $785,277,044.85 $29,762,000 3.8%
    Apr $569,168,207.02 $30,792,000 5.4%
    May $515,393,419.17 $36,026,000 7.0%
    June $481,567,043.61 $29,809,000 6.2%
    July $375,918,367.34 $25,788,000 6.9%
    Aug $455,828,779.59 $25,025,000 5.5%
    Sept $764,966,887.41 $80,857,000 10.6%
    Oct $794,780,219.78 $28,930,000 3.6%
    Nov $837,828,784.12 $67,529,000 8.1%
    Dec $821,648,351.64 $14,954,000 1.8%

    Nevada 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $935,788,497.22 $50,439,000 5.4%
    Feb $659,361,022.36 $41,276,000 6.3%
    Mar $830,511,363.64 $43,851,000 5.3%
    Apr $598,018,291 $30,533,000 5.3%
    May $527,438,596.49 $32,415,000 5.7%
    June $479,949,494.95 $9,503,000 2.0%
    July $407,996,768.98 $25,255,000 6.2%
    Aug $431,000,000 $18,102,000 4.2%
    Sept $811,158,854.17 $62,297,000 7.7%
    Oct $815,676,646.71 $68,109,000 8.4%
    Nov $921,168,539.32 $40,992,000 4.5%
    Dec $842,952,924.39 $59,091,000 7.0%

    Nevada 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,111,044,444.44 $49,997,000 4.50%
    Feb $780,833,333.33 $30,921,000 4.00%
    Mar $862,757,009.35 $36,926,000 4.30%
    Apr $583,149,425.29 $25,367,000 4.40%
    May $561,309,771.31 $26,999,000 4.80%
    Jun $490,411,522.63 $23,834,000 4.90%
    Jul $419,147,286.82 $16,221,000 3.90%
    Aug $408,854,961.83 $16,068,000 3.90%
    Sep $761,099,137.93 $70,630,000 9.30%
    Oct $921,539,708.27 $56,859,000 6.20%
    Nov $927,857,142.86 $37,671,000 4.10%
    Dec $880,462,519.94 $55,205,000 6.30%

    New Hampshire sports betting revenue

    New Hampshire sports betting began in December 2019 and features both online and retail betting for users. The Granite State generated $822 million in total sports betting handle in 2023. 

    Below is an outline of New Hampshire's sports betting figures over the years: 

    New Hampshire annual date 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $349,903,282 $41,648,749 11.9%
    2024 $796,382,688 $79,068,326 9.9%
    2023 $822,107,405 $80,041,744 9.7%
    2022 $891,727,581 $66,714,382 7.50%

    New Hampshire 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $78,945,312 $11,139,731 14.1%
    Feb $63,260,876 $8,000,193 12.6%
    Mar $77,467,758 $6,792,080 8.8%
    Apr $68,763,478 $7,652,632 11.1%
    May $61,465,858 $8,064,113 13.1%

    New Hampshire 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $73,301,559 $9,820,633 13.4%
    Feb $62,274,731 $6,585,297 10.6%
    Mar $75,597,058 $5,585,067 7.4%
    Apr $59,854,282 $5,331,763 8.9%
    May $58,030,362 $6,516,847 11.2%
    June $49,390,844 $5,277,087 10.7%
    July $48,323,804 $3,530,238 7.3%
    Aug $49,374,544 $3,382,539 6.9%
    Sept $72,763,323 $9,259,141 12.7%
    Oct $79,350,927 $5,867,086 7.4%
    Nov $87,260,891 $10,477,104 12.0%
    Dec $80,860,363 $7,435,524 9.2%

    New Hampshire 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $97,163,182 $12,317,536 12.70%
    Feb $86,999,460 $7,112,917 8.20%
    Mar $103,390,747 $4,828,031 4.70%
    Apr $65,083,883 $6,670,481 10.2%
    May $52,137,614 $7,042,470 13.5%
    June $39,707,739 $4,372,429 11.0%
    July $36,929,342 $3,511,867 9.5%
    Aug $38,765,940 $3,344,212 8.6%
    Sept $66,848,811 $6,178,362 9.2%
    Oct $77,838,541 $8,781,951 11.3%
    Nov $78,491,464 $8,228,924 10.5%
    Dec $78,750,682 $7,652,564 9.7%

    New Hampshire 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $99,540,825 $8,029,427 8.10%
    Feb $70,866,282 $1,019,097 1.40%
    Mar $78,811,441 $5,283,248 6.70%
    Apr $73,149,079 $3,436,446 4.70%
    May $76,199,157 $5,720,931 7.50%
    Jun $53,567,757 $4,819,197 9.00%
    Jul $42,653,152 $4,476,145 10.50%
    Aug $43,372,007 $4,199,240 9.70%
    Sep $78,237,751 $7,358,206 9.40%
    Oct $91,345,018 $9,078,684 9.90%
    Nov $93,090,530 $4,963,600 5.30%
    Dec $90,894,582 $8,330,161 9.20%
    Back to historical year-by-year data

    New Jersey sports betting revenue

    NJ sports betting began on June 11, 2018, with retail betting, and online betting began shortly after on Aug. 1. The Garden State generated $12.7 billion in total sports betting handle in 2024.

    New Jersey's sports betting operators surpassed $1 billion in handle again in May.

    Below is an outline of New Jersey's sports betting figures over the years: 

    New Jersey annual data 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $5,253,299,320 $460,152,588 8.7%
    2024 $12,774,039,220 $1,094,630,340 8.6%
    2023 $11,972,240,548 $1,006,587,566 8.4%
    2022 $10,944,165,739 $762,954,905 7.00%

    New Jersey 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,152,144,676 $122,194,865 10.6%
    Feb $988,882,908 $73,558,519 7.4%
    Mar $1,107,191,055 $71,344,935 6.4%
    Apr $994,434,816 $90,510,496 9.1%
    May $1,010,645,865 $102,543,773 10.1%

    New Jersey 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,719,170,088 $170,758,334 9.9%
    Feb $1,081,171,835 $67,564,386 6.2%
    Mar $1,329,010,828 $89,687,971 6.7%
    Apr $1,044,283,588 $106,227,937 10.2%
    May $838,946,057 $78,750,983 9.4%
    June $748,417,965 $60,066,927 8.0%
    July $652,275,524 $80,027,220 12.3%
    Aug $698,839,707 $62,726,443 9.0%
    Sept $1,092,603,875 $119,556,334 10.9%
    Oct $1,131,684,366 $77,463,400 6.8%
    Nov $1,224,883,112 $118,962,664 9.7%
    Dec $1,215,654,736 $62,837,741 5.2%

    New Jersey 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,082,233,033 $72,330,439 6.70%
    Feb $847,405,611 $54,621,220 6.40%
    Mar $1,025,779,225 $93,039,999 9.10%
    Apr $833,900,000 $72,300,000 8.7%
    May $778,854,263 $82,165,404 10.5%
    June $591,081,897 $66,356,838 11.2%
    July $587,019,749 $61,013,433 10.4%
    Aug $725,849,450 $96,041,019 13.2%
    Sept $1,299,016,274 $111,145,385 8.6%
    Oct $1,293,468,722 $92,258,295 7.1%
    Nov $1,623,072,184 $95,889,050 5.9%
    Dec $1,284,560,140 $109,426,484 8.5%

    New Jersey 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,348,860,083 $60,195,902 4.50%
    Feb $985,568,313 $30,873,369 3.10%
    Mar $1,120,904,954 $66,404,370 5.90%
    Apr $926,946,780 $50,345,808 5.40%
    May $765,984,114 $61,594,016 8.00%
    Jun $633,184,861 $39,245,213 6.20%
    Jul $531,888,333 $45,007,343 8.50%
    Aug $546,774,394 $65,272,385 11.90%
    Sep $866,719,412 $97,981,122 11.30%
    Oct $1,060,154,535 $77,907,041 7.30%
    Nov $1,101,622,966 $80,426,931 7.30%
    Dec $1,055,556,994 $87,701,405 8.30%

    New York sports betting revenue

    New York sports betting began in July 2019 with retail betting, and online betting began in January 2022. The Empire State generated $19.1 billion in total sports betting handle in 2023.

    New York set a record for gross revenue in a single month in May.

    Below is an outline of New York's sports betting figures over the years: 

    New York annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $11,286,415,247 $1,036,586,710 9.2%
    2024 $22,704,393,565 $2,049,118,161 9.0%
    2023 $19,196,867,481 $1,696,664,242 8.8%
    2022 $16,288,073,161 $1,367,052,768 8.40%

    New York 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $2,487,676,801 $248,001,820 10.0%
    Feb $1,979,914,659 $184,512,125 9.3%
    Mar $2,445,290,864 $162,142,924 6.6%
    Apr $2,158,082,654 $192,616,927 8.9%
    May $2,215,450,269 $249,312,914 11.3%

    New York 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,965,468,151 $211,706,706 10.8%
    Feb $1,779,072,192 $131,331,307 7.4%
    Mar $1,854,674,065 $152,553,937 8.2%
    Apr $1,969,945,755 $184,032,347 9.3%
    May $1,978,733,457 $203,719,392 10.3%
    June $1,477,842,946 $134,169,779 9.1%
    July $1,265,934,085 $140,856,541 11.1%
    Aug $1,440,577,943 $125,961,724 8.7%
    Sept $2,079,869,074 $206,067,211 9.9%
    Oct $2,329,400,445 $176,354,954 7.6%
    Nov $2,273,599,387 $232,209,891 10.2%
    Dec $2,289,276,065 $150,154,372 6.6%

    New York 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,799,048,366 $149,886,749 8.30%
    Feb $1,474,299,933 $108,281,940 7.30%
    Mar $1,792,885,346 $163,582,117 9.10%
    Apr $1,550,014,914 $138,820,564 8.5%
    May $1,363,794,316 $152,643,135 11.2%
    June $1,170,989,676 $103,956,641 8.9%
    July $966,555,215 $105,510,884 10.9%
    Aug $1,118,163,959 $99,241,793 8.9%
    Sept $1,767,913,850 $166,834,225 9.4%
    Oct $2,017,133,483 $167,327,704 8.3%
    Nov $2,122,331,713 $151,291,344 7.1%
    Dec $2,053,736,710 $189,287,146 9.2%

    New York 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,686,263,898 $123,810,126 7.30%
    Feb $1,534,078,893 $82,149,599 5.40%
    Mar $1,644,789,692 $114,956,204 7.00%
    Apr $1,396,791,941 $104,535,898 7.50%
    May $1,269,862,570 $110,418,075 8.70%
    Jun $1,056,694,012 $72,441,500 6.90%
    Jul $804,966,381 $73,880,416 9.20%
    Aug $877,407,454 $100,760,793 11.50%
    Sep $1,265,553,630 $145,039,867 11.50%
    Oct $1,555,051,007 $146,845,938 9.40%
    Nov $1,564,144,673 $149,244,901 9.50%
    Dec $1,632,469,010 $142,969,451 8.80%

    North Carolina sports betting revenue

    North Carolina is the latest state to legalize online sports betting. North Carolina sports betting began on March 11, 2024.

    The Tar Heel State saw a drop in year-over-year handle and revenue in April.

    Below is an outline of North Carolina's sports betting figures over the years: 

    North Carolina annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,429,546,860 $338,431,545 10.1%
    2024 $5,417,556,359 $583,645,838 10.8%

    North Carolina 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $646,942,020 $74,530,133 11.5%
    Feb $525,971,104 $55,658,912 10.6%
    Mar $685,003,031 $38,140,361 5.6%
    Apr $576,209,378 $46,803,712 8.1%
    May $562,236,652 $65,227,119 11.6%
    June $433,184,675 $58,071,308 13.4%

    North Carolina 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Mar $659,308,541 $66,496,213 10.1%
    Apr $648,934,226 $105,251,672 16.2%
    May $525,548,571 $63,080,347 12.0%
    June $398,251,464 $40,302,263 10.1%
    July $340,375,353 $42,226,040 12.4%
    Aug $370,484,774 $33,751,015 9.1%
    Sept $575,398,078 $70,062,945 12.2%
    Oct $612,046,491 $48,659,761 8.0%
    Nov $638,659,604 $78,097,705 12.2%
    Dec $629,520,784 $35,717,877 5.7%

    Ohio sports betting revenue

    Ohio sports betting began on Jan. 1, 2023, and features both online betting and retail betting. The Buckeye State generated $7.67 billion in total sports betting handle in its first year. 

    Ohio sportsbooks exceeded $88 million in revenue in May.

    Below is an outline of Ohio's sports betting figures: 

    Ohio annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $4,315,393,558 $384,569,293 9.1%
    2024 $8,893,863,041 $905,808,642 10.2%
    2023 $7,670,544,772 $936,365,302 12.2%

    Ohio 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,012,283,327 $80,235,725 7.9%
    Feb $761,606,417 $75,312,691 9.9%
    Mar $993,010,710 $66,527,136 6.7%
    Apr $807,221,903 $73,685,306 9.1%
    May $741,271,201 $88,808,435 12.0%

    Ohio 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $811,594,052 $113,366,455 14.0%
    Feb $671,992,052 $66,373,623 9.9%
    Mar $809,347,938 $63,852,786 7.9%
    Apr $674,161,449 $73,922,610 11.0%
    May $612,651,638 $67,362,567 11.0%
    June $530,621,518 $51,262,547 9.7%
    July $477,476,776 $55,161,661 11.6%
    Aug $548,677,540 $48,647,690 8.9%
    Sept $864,256,366 $111,984,792 13.0%
    Oct $902,902,897 $81,272,763 9.0%
    Nov $1,025,738,190 $117,056,593 11.4%
    Dec $964,442,625 $55,544,555 5.8%

    Ohio 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,114,101,739 $209,037,382 18.8%
    Feb $639,795,553 $82,879,568 13.0%
    Mar $738,613,175 $95,313,123 12.9%
    Apr $521,703,584 $63,819,857 12.2%
    May $447,477,360 $57,828,887 13.0%
    June $363,066,723 $32,559,655 9.0%
    July $331,083,998 $37,094,807 11.2%
    Aug $378,788,183 $40,722,424 10.8%
    Sept $691,660,975 $81,637,995 11.8%
    Oct $747,662,730 $80,384,455 10.8%
    Nov $865,465,266 $67,853,190 7.8%
    Dec $831,125,486 $87,233,959 10.5%

    Back to historical year-by-year data

    Oregon sports betting revenue

    Oregon sports betting began in October 2019, and features both online betting and retail betting for users. The Beaver State generated $864 million in total sports betting handle in 2024.

    Below is an outline of Oregon's sports betting figures over the years:

    Oregon annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $378,413,188 $49,394,918 12.9%
    2024 $864,688,484 $94,436,590 10.9%
    2023 $635,565,166 $75,663,580 11.2%
    2022 $497,985,326 $49,519,545 9.90%

    Oregon 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $83,571,527 $12,489,739 14.9%
    Feb $68,262,718 $9,673,274 14.2%
    Mar $67,466,177 $7,289,891 10.8%
    Apr $78,498,557 $9,607,804 12.2%
    May $80,614,209 $10,334,210 12.8%

    Oregon 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $67,093,433 $9,898,881 14.1%
    Feb $67,902,926 $7,786,240 11.5%
    Mar $69,398,182 $7,298,922 10.5%
    Apr $72,297,348 $7,370,253 10.2%
    May $76,231,393 $8,856,796 11.6%
    June $64,745,092 $7,216,230 11.1%
    July $53,280,682 $6,082,760 11.4%
    Aug $56,210,589 $5,068,499 9.0%
    Sept $75,431,509 $11,423,212 15.1%
    Oct $81,735,396 $5,748,697 7.0%
    Nov $87,387,636 $11,895,589 13.6%
    Dec $90,178,020 $5,790,511 6.4%

    Oregon 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $62,328,293 $7,546,966 12.10%
    Feb $48,425,409 $4,261,284 8.80%
    Mar $50,456,710 $6,088,343 12.1%
    Apr $55,167,184 $7,051,980 12.8%
    May $52,122,283 $6,462,472 12.4%
    June $43,861,20 $4,336,368 9.9%
    July $40,428,203 $4,150,625 10.3%
    Aug $44,542,070 $3,507,634 7.9%
    Sept $61,354,332 $6,720,396 11.0%
    Oct $71,903,468 $8,545,270 11.9%
    Nov $71,231,497 $7,292,147 10.2%
    Dec $73,219,597 $9,700,095 13.2%

    Oregon 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $42,899,735 $2,389,280 5.60%
    Feb $39,458,431 $3,335,165 8.50%
    Mar $36,208,011 $3,620,610 10.00%
    Apr $42,936,415 $3,824,165 8.90%
    May $41,708,884 $5,034,036 12.10%
    Jun $33,966,896 $2,548,192 7.50%
    Jul $28,453,075 $2,700,447 9.50%
    Aug $28,196,193 $2,707,041 9.60%
    Sep $39,292,037 $5,465,182 13.90%
    Oct $55,555,464 $5,783,452 10.40%
    Nov $55,503,996 $6,418,578 11.60%
    Dec $53,806,189 $5,693,397 10.60%

    Pennsylvania sports betting revenue

    Pennsylvania sports betting began in November 2018 with retail betting, and online betting began in May 2019. The Keystone State generated $8.42 billion in total sports betting handle in 2024. 

    Pennsylvania sportsbooks saw revenue soar in May.

    Below is an outline of Pennsylvania's sports betting figures over the years: 

    Pennsylvania annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,839,860,477 $305,271,797 8.0%
    2024 $8,421,417,829 $778,420,570 9.2%
    2023 $7,682,694,849 $686,856,678 8.9%
    2022 $7,251,428,759 $597,364,960 8.20%

    Pennsylvania 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $873,149,857 $84,272,113 9.7%
    Feb $756,926,216 $33,961,978 4.5%
    Mar $842,856,961 $49,189,301 5.8%
    Apr $711,569,216 $61,783,963 8.7%
    May $655,358,227 $76,064,442 11.6%

    Pennsylvania 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $858,152,502.70 $97,681,399 11.4%
    Feb $661,740,812.31 $50,425,678 7.6%
    Mar $800,718,331.69 $63,715,603 8.0%
    Apr $646,061,065.35 $59,050,707 9.1%
    May $591,912,626.60 $61,680,935 10.4%
    June $464,534,792.32 $43,998,076 9.3%
    July $414,673,803.85 $52,727,377 12.7%
    Aug $485,289,137.18 $45,435,752 9.4%
    Sept $811,283,984.65 $95,815,549 11.8%
    Oct $858,148,994 $58,132,462 6.8%
    Nov $935,530,169.71 $103,268,287 11.0%
    Dec $893,371,608.75 $47,488,741 5.3%

    Pennsylvania 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $772,289,648.45 $57,982,068.70 7.50%
    Feb $599,529,428.66 $62,214,502.08 10.40%
    Mar $723,545,806.25 $66,465,773.82 9.20%
    Apr $572,152,803.00 $51,786,463.57 6.47%
    May $495,585,359.86 $57,533,744.44 11.6%
    June $373,171,414.55 $33,866,725.04 9.1%
    July $338,450,263.46 $39,406,353.30 11.6%
    Aug $393,007,298.20 $30,614,565.03 7.8%
    Sept $726,259,711.80 $66,109,573.75 9.1%
    Oct $829,002,595.44 $73,631,197.21 8.9%
    Nov $934,130,151.55 $49,147,979.21 5.3%
    Dec $925,570,368.39 $98,097,732.35 10.6%

    Pennsylvania 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $793,722,787.00 $53,403,655.00 6.70%
    Feb $597,064,048.98 $22,160,552.94 3.70%
    Mar $714,976,578.00 $48,512,264.00 6.80%
    Apr $572,817,740.94 $49,083,331.03 8.60%
    May $493,350,519.00 $47,828,553.00 9.70%
    Jun $393,494,222.00 $22,889,554.00 5.80%
    Jul $336,507,932.41 $33,226,517.32 9.90%
    Aug $363,046,971.98 $42,185,144.88 11.60%
    Sep $645,242,680.81 $75,319,093.28 11.70%
    Oct $797,124,732.44 $61,519,576.03 7.70%
    Nov $789,230,672.27 $69,997,948.78 8.90%
    Dec $754,849,873.23 $71,238,770.37 9.40%

    Rhode Island sports betting revenue

    Rhode Island sports betting began in November 2018, and features both online and retail betting for users. The Ocean State generated $483.6 million in total sports betting handle in 2024. 

    Below is an outline of Rhode Island's sports betting figures over the years: 

    Rhode Island annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $198,352,650 $16,314,073 8.2%
    2024 $483,686,264 $38,051,914 7.9%
    2023 $461,553,426 $40,277,816 8.7%
    2022 $532,609,814 $49,298,062 9.3%

    Rhode Island 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $47,358,801 $5,074,927 10.7%
    Feb $35,164,802 $2,976,309 8.5%
    Mar $43,701,613 $2,242,452 5.1%
    Apr $36,605,834 $2,701,470 7.4%
    May $35,521,600 $3,318,915 9.3%

    Rhode Island 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $44,808,686 $4,999,921 11.2%
    Feb $38,758,578 $2,888,343 7.5%
    Mar $44,895,394 $3,103,076 6.9%
    Apr $37,709,038 $2,740,781 7.3%
    May $37,252,539 $3,343,552 9.0%
    June $33,010,501 $2,664,593 8.1%
    July $24,848,015 $2,723,789 11.0%
    Aug $28,371,561 $1,864,079 6.6%
    Sept $43,604,786 $5,272,056 12.1%
    Oct $49,404,162 $2,118,202 4.3%
    Nov $50,647,990 $5,008,203 9.9%
    Dec $50,375,014 $1,325,319 2.6%

    Rhode Island 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $62,317,384 $5,164,799 8.3%
    Feb $43,065,996 $3,612,113 8.4%
    Mar $41,546,643 $3,968,567 9.6%
    Apr $37,496,094 $3,009,679 8.0%
    May $30,754,497 $3,898,405 12.7%
    June $23,723,659 $1,783,530 7.5%
    July $20,238,844 $1,896,983 9.4%
    Aug $22,742,561 $1,365,807 6.0%
    Sept $37,645,368 $3,472,089 9.2%
    Oct $45,840,376 $4,545,634 9.9%
    Nov $48,277,794 $3,413,200 7.1%
    Dec $47,904,210 $4,147,010 8.7%

    Rhode Island 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $58,614,487 $5,228,277 8.90%
    Feb $42,143,261 $3,566,393 8.50%
    Mar $45,766,958 $3,738,223 8.20%
    Apr $40,186,632 $2,632,134 6.50%
    May $41,103,489 $2,336,733 5.70%
    Jun $34,229,823 $2,352,896 6.90%
    Jul $25,208,531 $2,872,076 11.40%
    Aug $27,744,694 $3,000,421 10.80%
    Sep $41,670,257 $6,361,823 15.30%
    Oct $55,527,937 $6,156,914 11.10%
    Nov $61,208,319 $4,862,856 7.90%
    Dec $59,205,426 $6,189,316 10.50%
    Back to historical year-by-year data

    South Dakota sports betting revenue

    South Dakota sports betting began in September 2021. The Mount Rushmore State generated $9.2 million in total sports betting handle in 2024. 

    Below is an outline of South Dakota's sports betting figures over the years: 

    South Dakota annual data 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,969,063.26 $294,743.28 6.5%
    2024 $9,236,714.45 $776,042.24 8.4%
    2023 $9,088,690.68 $1,009,930.97 11.1%
    2022 $7,192,828.48 $871,511.73 12.10%

    South Dakota 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $1,024,919.55 $108,976.20 10.6%
    Feb $733,611.05 -$18,295.53 -2.5%
    Mar $1,575,140.19 $152,244.05 9.7%
    Apr $635,392.47 $51,818.56 8.2%

    South Dakota 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $868,815.03 $94,755.61 10.9%
    Feb $696,016.94 -$38,405.75 -5.5%
    Mar $1,242,270.27 $91,215.38 7.3%
    Apr $503,507.70 -$11,700.01 -2.3%
    May $495,490.85 $51,486.33 10.4%
    June $557,594.95 $20,679.68 3.7%
    July $452,754.85 $77,421.15 17.1%
    Aug $505,986.15 $105,719.05 20.9%
    Sept $967,836.66 $215,819.74 22.3%
    Oct $915,592.48 $45,792.15 5%
    Nov $1,001,806.31 $145,591.19 14.5%
    Dec $1,029,042.26 -$22,332.28 -2.2%

    South Dakota 2023 monthly data 

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $910,311.55 $123,365.45 13.60%
    Feb $771,136.70 $82,853.41 10.70%
    Mar $923,904.14 $161,368.10 17.50%
    Apr $493,045 $22,503 4.6%
    May $528,562.48 $22,535.58 4.3%
    June $417,024.67 -$9,254.26 -2.2%
    July $413,368.45 $20,086.81 4.9%
    Aug $518,051.95 $37,452.52 7.2%
    Sept $979,693.67 $170,128.51 17.4%
    Oct $1,021,660.02 $174,906.32 17.1%
    Nov $967,993.68 $49,887.44 5.2%
    Dec $1,143,938.37 $154,098.09 13.5%

    South Dakota 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $835,251.63 $82,291.33 9.90%
    Feb $685,631.18 $71,807.30 10.50%
    Mar $975,347.25 $32,388.72 3.30%
    Apr $368,516.80 -$13,734.55 -3.70%
    May $307,994.74 $25,102.37 8.20%
    Jun $301,217.36 $27,869.05 9.30%
    Jul $259,180.26 $16,143.44 6.20%
    Aug $266,673.08 $59,052.80 22.10%
    Sep $711,576.76 $211,612.25 29.70%
    Oct $862,169.97 $131,749.44 15.30%
    Nov $861,659.90 $75,855.84 8.80%
    Dec $757,609.55 $151,373.74 20.00%

    Tennessee sports betting revenue

    Tennessee sports betting began on November 1, 2020, and is a online-only market. The Volunteer State generated $5.29 billion in total sports betting handle in 2024. 

    Below is an outline of Tennessee's sports betting figures over the years. 

    *Tennessee no longer reports the gross revenue of operators. Figures are estimates.

    Tennessee annual data 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $2,425,315,484 $269,000 11.2%
    2024 $5,297,710,042 $578,856,504 10.9%
    2023 $4,295,669,943 $466,124,656 10.9%
    2022 $3,850,547,906 $378,409,891 9.80%

    Tennessee 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan* $548,973,451 $67,700 12.3%
    Feb* $417,400,387 $52,200 12.5%
    Mar* $551,767,409 $41,400 7.5%
    Apr* $466,538,112 $51,000 10.9%
    May* $440,636,125 $56,700 12.9%

    Tennessee 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan* $467,403,058 $60,800 13%
    Feb* $380,390,401 $38,000 10%
    Mar* $473,595,403 $41,900 8.8%
    Apr* $384,219,719 $44,000 11.5%
    May* $381,801,113 $48,356 12.7%
    June* $344,792,936 $40,300 11.7%
    July* $273,927,581 $37,800 13.8%
    Aug* $344,396,828 $37,800 11.0%
    Sept* $524,733,295 $70,000 13.3%
    Oct* $551,170,451 $44,600 8.1%
    Nov* $598,564,013 $77,200 12.9%
    Dec* $572,715,244 $38,100 6.7%

    Tennessee 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $410,773,606 $41,392,586 10.10%
    Feb $327,326,201 $33,943,931 10.40%
    Mar $392,667,304 $45,506,700 11.60%
    Apr $318,416,216 $34,257,592 10.8%
    May $279,794,996 $37,097,192 13.3%
    June $230,337,515 $25,526,655 11.1%
    July* $215,489,157 $28,200 13.1%
    Aug* $243,456,822 $25,800 10.6%
    Sept* $420,006,053 $47,600 11.3%
    Oct* $445,192,913 $52,700 11.8%
    Nov* $517,141,377 $34,200 6.6%
    Dec* $495,067,783 $59,900 12.1%

    Tennessee 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $386,059,756 $36,249,453 9.40%
    Feb $313,298,305 $20,945,018 6.70%
    Mar $370,230,004 $26,520,468 7.20%
    Apr $292,796,670 $26,142,800 8.90%
    May $261,582,468 $27,315,928 10.40%
    Jun $215,774,186 $15,855,649 7.30%
    Jul $182,769,323 $18,174,226 9.90%
    Aug $205,863,860 $27,200,883 13.20%
    Sep $336,933,437 $46,285,200 13.70%
    Oct $405,337,575 $37,295,159 9.20%
    Nov $439,456,908 $47,248,222 10.80%
    Dec $440,445,414 $49,176,885 11.20%

    Vermont sports betting revenue

    Legal sports betting in Vermont launched on Jan. 11, 2024, featuring online sportsbook betting. However, college player prop betting is banned in the state. 

    Here's an outline of Vermont's sports betting figures:

    Vermont annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $100,849,276 $10,673,632 10.6%
    2024 $198,754,297 $21,923,405 11.0%

    Vermont 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $23,870,533 $3,242,704 13.6%
    Feb $21,534,379 $2,402,541 11.2%
    Mar $22,945,016 $1,490,783 6.5%
    Apr $16,238,019 $1,655,205 10.2%
    May $16,261,329 $1,882,399 11.6%

    Vermont 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $19,913,914 $4,211,197 21.1%
    Feb $21,249,828 $2,547,167 12.0%
    Mar $20,196,055 $1,534,333 7.6%
    Apr $17,083,302 $1,807,282 10.6%
    May $12,607,503 $1,275,226 10.1%
    June $10,049,904 $1,030,762 10.3%
    July $9,466,746 $1,231,459 13%
    Aug $11,312,536 $951,673 8.4%
    Sept $16,664,999 $2,248,257 13.5%
    Oct $17,332,715 $1,164,278 6.7%
    Nov $18,423,720 $2,155,615 11.7%
    Dec $24,453,075 $1,766,156 7.2%

    Virginia sports betting revenue

    Virginia sports betting began in January 2021 with online betting. The Old Dominion State generated $6.92 billion in total sports betting handle in 2024.

    Virginia sports betting action went up 18% in May.

    Below is an outline of Virginia's sports betting figures over the years: 

    Virginia annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $3,187,925,029 $340,060,398 10.7%
    2024 $6,925,832,328 $684,952,275 9.9%
    2023 $5,590,022,862 $560,201,501 10%
    2022 $4,914,954,449 $481,245,370 9.80%

    Virginia 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $736,667,692 $87,381,242 11.9%
    Feb $556,836,877 $66,806,615 12.0%
    Mar $689,665,044 $50,678,283 7.3%
    Apr $609,713,988 $62,793,223 10.3%
    May $595,041,428 $72,401,035 12.2%

    Virginia 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $652,879,750 $74,337,290 11.4%
    Feb $545,068,429 $50,040,797 9.2%
    Mar $635,593,137 $47,694,659 7.5%
    Apr $563,495,540 $60,594,585 10.8%
    May $505,594,450 $59,966,999 11.9%
    June $415,360,427 $45,490,749 11.0%
    July $377,641,472 $44,966,093 11.9%
    Aug $416,689,217 $40,143,867 9.6%
    Sept $622,060,604 $71,538,700 11.5%
    Oct $696,103,392 $54,273,253 7.8%
    Nov $760,965,450 $86,351,240 11.3%
    Dec $734,380,460 $49,554,043 6.7%

    Virginia 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $513,154,592 $49,721,327 9.7%
    Feb $433,807,108 $39,766,908 9.2%
    Mar $511,614,541 $55,258,910 10.8%
    Apr $425,982,859 $45,121,878 10.6%
    May $403,719,160 $48,144,550 11.9%
    June $325,455,052 $32,668,024 10.0%
    July $293,611,789 $32,471,396 11.1%
    Aug $319,005,942 $32,359,888 10.1%
    Sept $520,304,187 $54,081,414 10.4%
    Oct $571,354,817 $63,996,952 11.2%
    Nov $638,831,057 $43,003,244 6.7%
    Dec $633,181,758 $63,607,010 10.0%

    Virginia 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $485,544,417 $39,050,067 8.00%
    Feb $401,889,135 $27,508,998 6.80%
    Mar $469,484,017 $33,700,016 7.20%
    Apr $399,478,366 $36,275,264 9.10%
    May $351,452,931 $42,537,524 12.10%
    Jun $295,235,271 $25,965,182 8.80%
    Jul $266,001,583 $26,024,408 9.80%
    Aug $284,671,331 $36,978,897 13.00%
    Sep $411,273,323 $53,822,282 13.10%
    Oct $528,029,938 $51,164,199 9.70%
    Nov $518,818,987 $57,531,255 11.10%
    Dec $503,075,150 $50,687,278 10.10%
    Back to historical year-by-year data

    West Virginia sports betting revenue

    West Virginia sports betting began in August 2018, with retail betting, and online betting began shortly after in December 2018. The Mountain State generated $505 million in total sports betting handle in 2024. 

    Below is an outline of West Virginia's sports betting figures over the years: 

    West Virginia annual data 

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $212,224,038.59 $22,043,769.33 10.7%
    2024 $505,414,814.49 $55,997,649.42 11.1%
    2023 $483,227,416.29 $47,723,640.39 9.91%
    2022 $571,317,847.71 $50,822,382.36 8.90%

    West Virginia 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $52,652,100.86 $6,267,271.46 11.9%
    Feb $38,329,028.64 $4,259,017.91 11.1%
    Mar $51,498,749.04 $2,654,302.49 5.2%
    Apr $37,293,217.69 $4,133,529 11.1%
    May $32,450,942.36 $4,729,648.47 14.6%

    West Virginia 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $50,562,352.16 $6,472,411.64 12.8%
    Feb $39,271,363.21 $3,545,480.89 9%
    Mar $47,219,129.45 $4,411,150.11 9.3%
    Apr $36,508,941.48 $3,729,072.21 10.2%
    May $32,951,614.83 $3,707,617.43 11.3%
    June $27,404,226.66 $3,417,617.98 12.5%
    July $23,911,409.27 $3,026,552.74 12.7%
    Aug $28,418,980.27 $4,139,944.80 14.6%
    Sept $49,846,373.91 $7,621,382.83 15.3%
    Oct $56,009,465.91 $4,873,697.11 8.7%
    Nov $58,674,357.98 $7,179,488.52 12.2%
    Dec $54,636,599.36 $3,873,233.16 7.1%

    West Virginia 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $49,384,637.48 $4,019,359.59 8.10%
    Feb $39,740,983.18 $2,726,639.66 6.90%
    Mar $45,538,666.51 $4,469,377.04 9.80%
    Apr $40,827,987 $3,107,176 7.6%
    May $35,140,815 $3,849,530 11.0%
    June $23,695,286.27 $2,053,726.54 8.7%
    July $22,301,061.65 $2,719,701.64 12.2%
    Aug $23,959,191.58 $2,595,870.82 10.8%
    Sept $44,472,878.53 $4,333,427.82 9.7%
    Oct $47,737,777.01 $6,376,269.42 13.4%
    Nov $56,419,079.70 $5,155,089.93 9.1%
    Dec $54,009,052.38 $6,317,471.93 11.7%

    West Virginia 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $65,125,042.03 $4,528,101.36 7.00%
    Feb $48,476,815.83 $1,904,489.58 3.90%
    Mar $55,672,437.63 $3,117,540.93 5.60%
    Apr $38,655,330.53 $3,067,780.47 7.90%
    May $40,439,678.64 $3,748,227.35 9.30%
    Jun $30,145,409.49 $2,066,930.26 6.90%
    Jul $25,769,134.76 $2,706,044.19 10.50%
    Aug $28,553,357.90 $3,455,973.90 12.10%
    Sep $49,859,708.62 $7,217,919.08 14.50%
    Oct $56,968,265.80 $5,427,011.07 9.50%
    Nov $72,947,152.88 $5,521,747.38 7.60%
    Dec $58,705,513.60 $8,060,616.79 13.70%

    Wyoming sports betting revenue

    Wyoming sports betting began in September 2021 with retail betting, and online betting began shortly after in November 2021. The Cowboy State generated $209 million in total sports betting handle in 2024. 

    Below is an outline of Wyoming's sports betting figures over the years: 

    Wyoming annual data

    Year 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    2025 $93,879,029 $10,008,917 10.9%
    2024 $209,605,808 $22,810,652 10.9%
    2023 $172,247,303 $17,293,649 10%
    2022 $144,525,803 $14,790,230 10.20%

    Wyoming 2025 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $25,274,561 $2,896,369 11.5%
    Feb $16,831,677 $2,106,645 12.5%
    Mar $20,936,441 $1,140,417 5.4%
    Apr $15,842,968 $1,795,453 11.3%
    May $14,993,382 $2,070,033 13.8%

    Wyoming 2024 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $20,272,552.04 $2,662,549.56 13.1%
    Feb $15,511,285.75 $1,946,593.94 12.5%
    Mar $17,690,740.91 $1,718,721.11 9.7%
    Apr $15,428,621.15 $1,499,242.19 9.7%
    May $12,506,783.50 $1,664,699.33 13.3%
    June $10,886,389.28 $1,080,627.60 9.9%
    July $9,721,357.01 $1,503,414.20 15.5%
    Aug $12,202,468.08 $1,593,257.47 13.1%
    Sept $22,875,228.35 $2,953,221.97 12.9%
    Oct $24,450,135.77 $1,927,421.70 7.9%
    Nov $22,824,032.36 $3,422,167.42 15.0%
    Dec $25,236,214.44 $838,735.69 3.3%

    Wyoming 2023 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $14,339,351.38 $1,587,273.19 11.10%
    Feb $11,591,163.20 $1,105,841.15 9.50%
    Mar $14,777,638.85 $1,837,412.10 12.40%
    Apr $12,623,675 $1,264,212 10.0%
    May $12,778,371.07 $1,306,929.01 10.2%
    June $9,483,450.25 $775,389.20 8.2%
    July $8,145,480.25 $998,740.08 12.3%
    Aug $10,464,584.46 $1,207,821.13 11.5%
    Sept $19,259,607.23 $1,525,986.13 7.9%
    Oct $21,234,828.26 $2,271,665.01 10.7%
    Nov $18,525,419.66 $1,562,756.41 8.4%
    Dec $19,023,733.72 $1,849,623.90 9.7%

    Wyoming 2022 monthly data

    Month 📅 Handle 💵 Gross revenue 💰 Hold % (average)
    Jan $13,977,632.49 $1,098,459.68 7.90%
    Feb $10,301,603.38 $722,630.77 7.00%
    Mar $12,704,938.11 $1,104,235.65 8.70%
    Apr $9,999,591.99 $1,007,796.24 10.10%
    May $9,340,833.46 $1,011,713.98 10.80%
    Jun $7,322,852.34 $673,268.50 9.20%
    Jul $7,246,352.46 $680,740.26 9.40%
    Aug $10,990,903.54 $1,237,814.86 11.30%
    Sep $13,575,173.24 $1,932,518.97 14.20%
    Oct $17,275,316.71 $2,039,620.37 11.80%
    Nov $16,702,866.74 $1,478,158.33 8.80%
    Dec $15,087,738.75 $1,803,272.49 12.00%

    Breaking sports betting news

    Back to historical year-by-year data

    Global sports betting market size

    The global sports betting market size has grown steadily over the years and is expected to rise by approximately US $144 billion by 2027, according to a recent study from TechNavio, a global technology research firm.

    An earlier report by Grand View Research, Inc., pegged the global sports betting market growth to reach US $182.12 billion by 2030. The report estimates that the market will grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. Several factors drive this growth, including the increasing popularity of sports worldwide, the legalization of sports betting in several countries, and the rapid ascent of online sports betting.

    The removal of legal barriers provided the spark for sports betting's growth across the United States and has fundamentally contributed to the growth of the global sports betting market. Since the Supreme Court's 2018 ruling, more than two dozen states have legalized sports betting, leading to a rapid expansion of the market in the country.

    Asia Pacific

    Research firm TechNavio predicts 42% of the total market share will be driven by Asia, and the accompanying increase in digital adoption and overall interest in betting.

    The Asia Pacific region is currently the largest market for sports betting, accounting for over 35% of the global market share.

    Europe

    The European continent stands as the second-largest market, with the United Kingdom, Germany, and Italy among the largest markets in the region.

    North America

    In the first fiscal quarter of 2023, the American Gaming Association reported quarterly revenue record of $16.6 billion. That marks the eighth consecutive quarter of growth for the US sports betting industry. As of January 2025, 38 states and D.C. in the U.S. have legalized sports betting, promoting strong regional market growth. The betting sites Canada and its provinces oversee are smaller in comparison to Ontario sports betting, which boasts a one-of-a-kind iGaming market, with access to 31 legal sports betting sites.

    Online vs. offline sports betting revenue

    Typically, offline brick-and-mortar sports betting outlets boast physical locations where customers can place their bets in person, while online sports betting operators allow customers to bet via a website or mobile app.

    Offline or retail sportsbooks have an advantage in terms of advertising and promotion due to their physical presence, whereas online betting sites offer added flexibility and convenience for customers. 

    The positives outweigh the negatives when considering online betting sites versus leveraging offline channels like retail sportsbooks. We've highlighted the pros and cons of comparing the two types of sports betting platforms.

    Covers hit icon Remote registration

    Covers hit icon Mobile betting

    Covers hit icon Sportsbook promos

    Covers hit icon 24/7  customer support and online banking

    Covers hit icon Live streaming

    Covers miss icon Higher operating costs offline due to real estate and staffing costs

    Covers miss icon Requires customers to travel and visit a physical location

    Covers miss icon Worse odds compared to online betting sites

    Factors affecting sports betting revenue

    Here are five of the biggest factors that affect sports betting revenue on a monthly basis:

    1. Popularity of events: The popularity of current sports events is one of the most important factors affecting sports betting revenue. The more popular — and regionally relevant — a sport or event is, the higher the betting volume at regulated sportsbooks.

      Major events such as the Super Bowl, World Cup, The Masters, or March Madness, can generate millions of dollars in revenue for sportsbooks — but it should be noted that the Super Bowl is the busiest single-day event, while U.S. states experience higher handles (on average) during the NFL season compared to when there is no football happening. 

    2. Live streaming: The ability to watch the game via live streaming is an essential feature that affects sports betting revenue.

      With live streaming becoming even more prevalent, bettors who have access to watching the game will have a greater interest in placing wagers before the game starts, and they can follow the action in real time and adjust their betting strategies accordingly, leading to more bets — and more revenue — for sportsbooks.

      More operators are adopting live streaming feeds directly on their sites, with Caesars Sportsbook offering NFL live streams and FanDuel offering the MLB.TV free game of the day.

    3. Odds and lines: The betting odds and lines offered by sportsbooks play a significant role in sports betting revenue.

      If the lines are not favorable, bettors are less likely to place bets, resulting in lower revenue. On the other hand, if sportsbooks offer attractive and competitive prices, more people are likely to place bets, leading to increased revenue.

    4. Promotions and bonuses: Sports betting promotions and bonuses offered by sportsbooks are an effective way to attract new customers — and retain existing ones.

      Sportsbooks often offer new-customer sign-up bonuses, second chance or bonus bets, odds boosts, and other promotions that can increase the number of bets placed and boost revenue.

    5. Regulatory environment: The regulatory environment can also impact sports betting revenue.

      In some markets, heavily regulated or restrictive sports betting may limit the number of people who can place bets, where they can place bets, how they can place bets, and what they can place bets on. In other markets, sports betting may be less restrictive, leading to more competition, more active users, more available markets, and increased sports betting revenue.
    Back to historical year-by-year data

    Sports betting revenue vs. casino betting revenue

    Sports betting revenue and casino betting revenue can vary depending on several factors, including the popularity of sports events, the size and location of casinos, and the regulatory framework in different regions. What's the primary difference? Casino betting revenue generally tends to be significantly higher than sports betting revenue.

    Casino betting encompasses various games, including slot machines, table games (such as blackjack, poker, and roulette), and other forms of gambling. These games are available throughout the year, and the casinos' operational hours are often 24/7. As a result, the revenue generated by casinos tends to be substantial.

    On the other hand, sports betting involves wagering on the outcome of sporting events, such as football, basketball, baseball, and horse racing. The availability of popular sports events influences sports betting revenue, the seasonality of certain sports, and the number of games or races taking place.

    In some regions, sports betting may be limited to specific sports or events and may be subject to certain regulatory restrictions. This can impact the overall revenue generated by sports betting. However, with the increasing legalization and popularity of sports betting, its revenue has steadily grown in recent years.

    While sports betting revenue has increased, it still needs to catch up to the revenue generated by commercial casino betting. This is mainly due to the wider variety of gambling options available in casinos and the constant availability of casino games.

    It's worth noting that the exact revenue figures for sports betting and casino betting can vary significantly based on the specific jurisdiction and market conditions. Different regions have different regulations and gambling cultures, which can influence the relative proportions of revenue between sports betting and casino betting.

    Trends and future of sports betting revenue

    Here are some trends to consider for the near future of sports betting revenue:

    1. More markets: The United States has seen a rapid expansion in the number of states legalizing sports betting since PASPA was repealed in 2018. As of February 2025, sports betting is now legal in 38 states (and DC), and we'll see more states with legal sports betting in the next few years.

    2. Increased revenues: With the growth of legal sports betting, revenue from the industry is expected to increase significantly.

      In the American Gaming Association's February 2023 revenue tracker, gross gaming revenue from sports betting increased by 71.5% year-over-year, while a report by Grand View Research revealed that the global sports betting market generated $83.7 billion in revenue in 2022, and based on a compound annual growth rate of 10.3%, is expected to generate $182.1 billion in 2030 — with the United States expected to have a slightly higher CAGR.

    3. New ways to bet: Users are trending more and more towards using mobile devices and searching for the best mobile sports betting app to place bets, while there are also more wagering options than ever before.

      Gone are the days of just betting pre-game sides and totals: Player props and same-game parlays are gaining more revenue share each and every month, while an increase in live, in-game bets — and the rise of micro-betting (wagering on the outcome of specific plays within a sporting event) — give people a chance to wager more money more frequently.

    4. Analytics: The use of advanced data analytics and AI is becoming more prevalent in the sports betting industry. Both operators and bettors are using these tools to make more accurate predictions, which leads to more focus on setting lines (and jumping on perceived edges) about the outcome of sporting events. This trend is likely to continue, with data analytics playing a crucial role in the success of sports betting companies.

    Quick facts: U.S. sports betting revenue

    Most sports betting revenue New Jersey⭐
    Total handle in 2022 $92.7 million ($7.6 million in revenue)
    Most profitable month all-time $1.06 billion in January 2023⭐
    Average hold percentage 2018 (6.7%) - 2022 (8.1%)
    Legal sports betting states 33 plus DC ✅
    Legal, not operational 4
    Market share by operator  FanDuel⭐ 50% ownership in Q4 2022
    Average tax rate for operators 19%
    Highest tax rate New York (51%)
    Legal age for betting 21; 18 (MT, NH, RI, WY)

    Back to historical year-by-year data

    Potential legal U.S. sports betting markets

    Consult our listing of states moving toward legal sports betting to track progress and monitor potential sports betting revenue:

    Alabama
    California
    Georgia
    Minnesota
    Missouri
    Oklahoma

    Covers and credibility

    We have had our finger on the pulse of the sports betting industry for more than 25 years. The sports betting revenue figures and statistics found here have been personally reviewed, verified, and fact-checked to ensure their validity.

    News outlets turn to Covers for our earned reputation as a trusted and authoritative source of sports betting information. These are among the notable publications and media outlets that have referenced Covers.com and our industry experts.

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    Sports betting resources

    Whether you're seeking the best bonuses, excellent customer service, or a user-friendly mobile app, we have analyzed and ranked the top sportsbooks available in the United States.

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    More industry resources

    As states continue to authorize legal sports betting — now 38 states plus DC,  consult these informational websites for additional information on the sports betting industry:

    • American Gaming Association (AGA): Organization dedicated to advancing the gambling industry's interests by promoting, educating, and advocating for responsible gambling.

    • Professional and Amateur Sports Protection Act (PASPA): Supreme Court of the United States ruling.

    • National Council on Problem Gambling: Those seeking help for a gambling problem can call 1-800-GAMBLER toll-free, 24/7. 

    Sports betting revenue tracker FAQ

    The sports that generate the most sports betting revenue can vary depending on factors such as the sport's popularity, the betting market's size, and the timing and frequency of significant events. Football stands as the most popular sport for betting in the United States, with the NFL generating the highest revenue. The Super Bowl alone is one of the world's most-watched and bet-on sporting events. Basketball is also a popular sport for betting, particularly in the United States where the NBA lays claim to the top basketball league in the world.

    In terms of value, the global sports betting market generated approximately $83.7 billion in revenue in 2022, and is expected to yield $182.1 billion in 2030.

    Sports betting revenue varies greatly depending on the region, market, and size of the industry. However, in many jurisdictions, sports betting can generate significant revenue and contribute to the overall economy. Compared to other industries, sports betting revenue may not be as significant. For example, in 2020, the global video game industry was estimated to generate over $159 billion in revenue. Meanwhile, the global film industry was estimated to generate over $100 billion in revenue in 2020.

    The popularity of select sports events cannot be overlooked, with the Super Bowl and World Cup among the largest betting events in the globe. Betting odds and lines also greatly impact the amount of revenue generated by sports betting. Other factors include technological advancements, including the live streaming of events.

    The future of sports betting revenue hinges on additional markets legalizing sports betting, via mobile betting, land-based, or a combination of both. An uptick in legal U.S. markets will trigger increased revenues, while new bet trends including same game parlays and in-game wagering, unlocks more opportunities for customers.

    Online sports betting has significantly impacted sports betting revenue, notably in states where it is legal and regulated. The rise of online sports betting has facilitated the customer experience, allowing people to place bets remotely or in-person from the event itself, leading to increased revenue for sportsbooks. Betting site operators can also reach a much larger audience and customer-base. Overall customer convenience plays a large part in driving up sports betting revenue.

    Gross revenue represents the total amount of money a sportsbook takes in from all customer bets, and it includes the total value of all bets placed, regardless of whether the bets won or lost. In other words, gross revenue is the total amount of money a sportsbook earns from its customers. Net revenue, conversely, is the amount of money a sportsbook earns after deducting all its operating expenses. This includes things like salaries, rent, marketing expenses, and other costs associated with running the sportsbook. Net revenue is the profit a sportsbook makes from its operations.

    Major sports events including the Super Bowl and World Cup have a significant impact on sports betting revenue. These events garner a lot of attention from fans, which leads to increased betting activity and higher revenue for sportsbooks. The Super Bowl alone is the largest single-day betting event on the sporting calendar, which generates millions of dollars in revenue for sportsbooks.

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    Michael McClymont - Senior News Editor at Covers.com
    Michael McClymont
    Senior News Editor

    Michael has been involved in sports journalism since 2002, when he had his first article published in a newspaper (remember those?). In the time since, he's had numerous roles as a reporter and editor, including stints at theScore as a copy editor and NFL news editor, and Sportsbook Review as a publishing editor. He's been featured on CBC's network of radio stations, providing analysis on the NFL and the sports betting industry.

    Michael joined Covers in 2023 as the senior news editor of the industry news team.

    An avid sports fan and diehard NFL fan, Michael has dabbled in sports betting for years and is always on the lookout for live betting opportunities.

    Table of contents
    • US sports betting revenue: All states
    • Arizona sports betting revenue
    • Arkansas Sports Betting Revenue
    • Colorado sports betting revenue
    • Connecticut sports betting revenue
    • DC sports betting revenue
    • Delaware sports betting revenue
    • Florida sports betting revenue
    • Illinois sports betting revenue
    • Indiana sports betting revenue
    • Iowa sports betting revenue
    • Kansas sports betting revenue
    • Kentucky sports betting revenue
    • Louisiana sports betting revenue
    • Maine sports betting revenue
    • Maryland sports betting revenue
    • Massachusetts sports betting revenue
    • Michigan sports betting revenue
    • Mississippi sports betting revenue
    • Montana sports betting revenue
    • Nevada sports betting revenue
    • New Hampshire sports betting revenue
    • New Jersey sports betting revenue
    • New York sports betting revenue
    • North Carolina sports betting revenue
    • Ohio sports betting revenue
    • Oregon sports betting revenue
    • Pennsylvania sports betting revenue
    • Rhode Island sports betting revenue
    • South Dakota sports betting revenue
    • Tennessee sports betting revenue
    • Vermont sports betting revenue
    • Virginia sports betting revenue
    • West Virginia sports betting revenue
    • Wyoming sports betting revenue
    • Breaking sports betting news
    • Global sports betting market size
    • Online vs. offline sports betting revenue
    • Factors affecting sports betting revenue
    • Sports betting revenue vs. casino betting revenue
    • Trends and future of sports betting revenue
    • Quick facts: U.S. sports betting revenue
    • Potential legal U.S. sports betting markets
    • Covers and credibility
    • Sports betting resources
    • More industry resources
    • Sports betting revenue tracker FAQ
    • Pages related to this topic
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