How Much Money Do Americans Spend on Sports Betting

Following the repeal of the 2018 federal ban, the United States has transformed into one of the world’s largest sports betting markets. The local sports betting industry has grown by leaps and bounds in the past years, with Americans spending more than $164 billion on sports wagers in 2025 alone.

In this report, we provide comprehensive statistics on US sports betting revenue and handle, offering a ranking of the states with the highest betting volume. Also included is detailed information on the three states with the largest amounts wagered on sports in early 2026.

US States Ranked by Number of Licensed Sportsbooks

State laws determine the range of betting options available to residents, creating significant differences in the number of licensed operators nationwide. New Jersey was the undisputed leader in 2025 with 17 sportsbooks, largely because its regulatory framework allows each Atlantic City casino to host up to 3 online brands, known as skins.

States like Florida and Rhode Island sit at the very bottom of the ranking, with 1 authorised operator each, due to their monopoly systems. In Florida, the Seminole Tribe holds exclusive rights through Hard Rock Bet, while Rhode Island grants its state lottery full control via Bally’s.

The list excludes Washington, North Dakota, and Wisconsin, as sports betting there is restricted to tribal land rather than a state-licensed commercial framework. Additionally, Missouri is a fresh entry to the market, having only launched its regulated industry in December 2025.

States Ranked by Number of Licensed Sports Betting Operators (2025)

Data Sources: American Gaming Association

US Sports Betting Handle Has Risen By Over 2,387% Since 2018

US sports bettors collectively wagered over $164 billion in 2025 compared to only $6.61 billion in 2018 for a whopping 2,387% increase. This impressive growth rate can be attributed to the rapid legislative expansion as now 40 or so states have legal sports betting.

Some of the most dramatic year-over-year handle increases occurred when densely populated states like New York and Ohio came online in 2019 and 2023. The surge was further fueled by the widespread adoption of mobile betting apps, which now account for approximately 90% of all wagers, according to Grand View Research.

US Sports Betting Handle from 2018 to 2025
(in Billion USD)

Data Sources: American Gaming Association, Covers.com, Research Ground

US Sports Betting Revenue Exceeded $16.6 Billion in 2025

Rapid legalisation across the country led to an unprecedented revenue growth as annual sportsbook revenue surged from $440 million in 2018 to $16.69 billion last year, representing a staggering 3,673% increase since the market opened. The most significant year-over-year growth occurred in 2021, which saw a 180% increase as revenue climbed by $2.79 billion.

This impressive growth is partially due to the fact many operators like DraftKings and FanDuel have improved their margins by heavily promoting same-game parlays, player props, and other multi-leg bets, which grew in popularity following the 2018 legalisation.

Sorts Betting Revenue from 2018 to 2025
(in Billion USD)

Data Sources: American Gaming Association, Covers.com

New Yorkers Wagered $26.31 Billion on Sports in 2025, Ranking First in Handle

Official regulatory data shows that New York is the state with the keenest bettors as residents collectively wagered $26.31 billion on sports for a 15.9% increase from the previous year. Illinois and New Jersey completed the top 3 with handles of $14.07 billion and $12.04 billion, respectively. While most markets continued to climb, 7 states, namely New Jersey, Nevada, Rhode Island, Colorado, Arizona, Michigan, and West Virginia, experienced year-over-year decreases in handle as local competition intensified.

The most dramatic growth occurred in the District of Columbia, which saw an 85% increase following regulatory changes. Arizona suffered the sharpest decline, with its handle dropping by 26.1% to $5.88 billion. Smaller markets like Vermont and Wyoming remained at the bottom of the rankings, with handles of $23.5 million and $234.5 million.

States Ranked by Sports Betting Handle
Rank State 2025 2024 YoY Change
1. New York $26,309,751,747 $22,704,393,565 15.9%
2. Illinois $14,074,044,861 $14,012,948,440 0.4%
3. New Jersey $12,037,018,569 $12,774,039,220 -5.8%
4. Ohio $10,233,236,030 $8,893,863,041 15.1%
5. Pennsylvania $8,695,793,240 $8,421,417,829 3.3%
6. Massachusetts $8,481,146,000 $7,401,117,704 14.6%
7. Virginia $7,655,729,000 $6,925,832,328 10.5%
8. North Carolina $7,255,992,000 $5,417,556,359 33.9%
9. Nevada $7,115,861,627 $7,897,081,590 -9.9%
10. Maryland $6,596,667,450 $5,940,586,770 11.0%
11. Colorado $5,886,322,000 $6,187,564,045 -4.9%
12. Arizona $5,878,659,168 $7,959,647,194 -26.1%
13. Tennessee $5,870,232,160 $5,297,710,042 10.8%
14. Indiana $5,653,289,966 $5,212,332,659 8.5%
15. Michigan $5,490,528,482 $5,511,011,495 -0.4%
16. Louisiana $4,125,054,000 $3,699,656,883 11.5%
17. Kentucky $2,971,952,819 $2,626,519,302 13.2%
18. Iowa $2,847,302,576 $2,770,339,581 2.8%
19. Kansas $2,825,750,000 $2,546,011,854 11.0%
20. Connecticut $2,344,202,000 $2,188,729,409 7.1%
21. Oregon $926,931,000 $864,688,484 7.2%
22. District of Columbia $855,598,547 $462,485,976 85%
23. New Hampshire $845,094,000 $796,382,688 6.1%
24. Arkansas $639,514,000 $557,920,061 14.6%
25. Maine $599,594,000 $524,408,448 14.3%
26. West Virginia $482,390,551 $505,414,814 -4.6%
27. Rhode Island $429,959,014 $483,686,264 -11.1%
28. Delaware $253,316,573 $216,240,459 17.1%
29. Vermont $235,087,000 $198,754,297 18.3%
30. Wyoming $234,482,000 $209,605,808 11.9%

Data Sources: American Gaming Association,, Covers.com,, Research Ground

Top 3 States with Highest Sports Betting Handle in Early 2026

New York Remains the Undisputed Market Leader

New York remains the focal point of the US sports betting industry as the New York State Gaming Commission reported a combined handle of $2.45 billion for January 2026. This total comprises both mobile and in-person wagers at commercial casinos and resulted in combined gross revenue of $251.2 million. Despite its steep 51% tax on mobile betting revenue, the highest in the US, New York’s market thrives on sheer volume and funnels substantial proceeds directly into state education programmes.

Mobile Wagers in New York Increased by 2.6% in January

The mobile sector remains the main driver of growth as mobile bettors across the Empire State collectively wagered $2.44 billion on sports in January 2026, a 2.6% increase from the previous month. Mobile revenue dipped by 3.5% to $250.2 million as win rates improved. The net revenue of the 8 licensed operators stood at $122.8 million, with $127.8 million going towards education.

New York Mobile Sports Betting Handle and Revenue
(January 2026)

Data Sources: New York State Gaming Commission

FanDuel and DraftKings with 69.3% of All Mobile Betting Handle in January

The New York market remains heavily consolidated, with giants FanDuel and DraftKings commanding over 69% of the total mobile handle in January 2026. Their dominance leaves little room for smaller competitors like Bally Bet, which captured a mere 0.7% share of the month’s wagering volume.

New York Mobile Sports Betting Handle per Operator (January 2026)
Operator Handle Gross Revenue
FanDuel $875,340,713 $113,714,850
DraftKings $818,310,959 $79,676,671
BetMGM $242,411,507 $13,350,102
Fanatics $223,339,099 $21,511,212
Caesars $160,699,972 $11,533,370
theScore bet $54,083,084 $4,339,230
Rush Street Interactive $52,224,412 $4,774,789
Bally Bet $17,260,559 $1,729,475

Data Sources: New York State Gaming Commission

Commercial Casinos Account for a 0.2% Share of January’s Handle

In-person betting represents a tiny fraction of New York’s sports betting market as the three commercial casinos in the state processed approximately $4.63 million in wagers, accounting for a meagre 0.2% of the total monthly volume. Their revenue was equally unimpressive as it stood at $521,051 also for a 0.2% share. This goes to show that land-based sportsbooks have become niche destinations primarily visited for live viewing events.

Sports Betting Handle and Revenue at New York Commercial Casinos
(January 2026)

Data Sources: New York State Gaming Commission

Rivers Casino and Resort Collected 68.6% of All In-Person Wagers in January

Rivers Casino and Resort ranked first both in terms of handle and revenue due to its strategic location, effective partnership with BetRivers, and strong marketing campaign during the NFL playoffs in January. It attracted around $3.18 million in sports wagers, easily outperforming its rivals del Lago Resort & Casino and Tioga Downs. New York’s fourth commercial casino, Resorts World Catskills, stopped offering sports betting in June 2025 to focus on its potential downstate expansion.

New York Sports Betting Handle per Commercial Casino (January 2026)
Operator Handle Gross Revenue
del Lago Resort & Casino $1,159,425 $134,530
Rivers Casino and Resort $3,177,141 $349,002
Tioga Downs Casino $290,416 $37,561

Data Sources: New York State Gaming Commission

Illinois Retains the Runner-Up Position with $1.44 Billion in Wagers

Illinois maintains its position as the state with the second-highest wagering volume in the US as the reporting period from December 2025 to January 2026 saw Illinoisans place 28.79 million bets with a total volume of $1.44 billion. As impressive as it is, this amount indicates a 40.9% decline from the same period a year earlier, when residents spent $2.97 billion on sports betting.

Illinois Sports Betting Handle, revenue, and Number of Bets
(December 2025 – January 2026)

Data Sources: Illinois Gaming Board

Professional Sports Account for 80.7% of All Betting Handle in Illinois

Professional sports remained the primary driver of activity in Illinois. Bettors placed 26.3 million bets on professional events, resulting in a substantial handle of $1.16 billion. A whopping 98.1% of all betting volume, or $1.14 billion, came from the online segment, with in-person wagering generating a meagre $225.8 million. On a per-operator basis, Casino Queen attracted the most action with $421.8 million in handle and 9.2 million bets.

Illinois Handle and Bets for Professional Sports Per Operator (December 2025 – January 2026)
Operator Tier 1 Bets Tier 1 Handle Tier 2 Bets Tier 2 Handle
815 Entertainment 96,315 $4,987,853 461,431 $16,011,581
Alton Casino 5,422 $644,513 7,577 $677,788
Casino Queen 1,977,716 $127,780,300 7,217,921 $294,068,843
Elgin Riverboat Resort 216,010 $17,523,166 335,006 $24,230,973
Fairmount Park 6,436,709 $160,151,596 4,042,412 $193,587,401
FHR-Illinois 17,789 $4,805,541 13,633 $4,183,823
Hawthorne Race Course 279,293 $24,605,148 1,064,224 $68,591,269
HC Aurora 135,561 $9,741,554 682,698 $29,991,296
HC Joliet 7,892 $730,984 8,122 $858,202
Midwest Gaming & Entertainment 199,257 $17,440,474 450,566 $43,580,216
Northside Crown Gaming 3,161 $299,067 2,302 $145,938
Par-A-Dice Gaming Corporation 630,951 $39,796,269 445,395 $24,327,212
Southern Illinois Riverboat 0 $0 0 $0
The Rock Island Boatworks 7,409 $51,275 9,768 $43,565
Walker’s Bluff Casino Resort 239,423 $9,137,461 1,329,692 $45,119,046
Total 10,252,908 $417,695,201 16,070,747 $745,417,153

Data Sources: Illinois Gaming Board

College Sports Secured a 18.8% Share of All Betting Activity in the Prairie State

While college sports maintain a dedicated following, they currently account for a smaller portion of the overall market with 2.36 million bets and a total handle of $270.7 million for a 18.8% share of all betting activity during this period. This is partly due to the state’s continued restrictions on wagering on in-state collegiate teams.

The online segment accounted for 96.6% of all college sports betting activity with $261.5 million in handle, compared to $9.17 million for in-person betting. Casino Queen again outperformed other operators in the state, generating $93.6 million in handle and 818,930 in bets on college sports.

Illinois Handle and Bets for College Sports (December 2025 – January 2026)
Operator Tier 1 Bets Tier 1 Handle Tier 2 Bets Tier 2 Handle
815 Entertainment 43,140 $2,559,910 55,747 $3,928,441
Alton Casino 1,672 $465,349 896 $340,320
Casino Queen 302,434 $35,698,479 516,496 $57,893,502
Elgin Riverboat Resort 94,941 $11,902,434 36,205 $4,500,742
Fairmount Park 245,995 $21,799,216 257,391 $32,679,259
FHR-Illinois 8,814 $2,918,479 6,297 $1,572,957
Hawthorne Race Course 99,131 $17,171,354 122,726 $17,517,636
HC Aurora 53,262 $5,302,497 78,904 $5,594,550
HC Joliet 2,081 $222,999 1,275 $230,271
Midwest Gaming & Entertainment 72,616 $8,479,192 60,877 $11,152,407
Northside Crown Gaming 802 $101,627 474 $121,302
Par-A-Dice Gaming Corporation 92,617 $14,457,507 22,006 $2,787,878
Southern Illinois Riverboat/Casino 0 $0.00 0 $0.00
The Rock Island Boatworks, LLC 1,860 $22,144 550 $29,636
Walker’s Bluff Casino Resort 63,019 $3,585,151 118,123 $7,615,053
Total 1,082,383 $124,686,338 1,277,967 $145,963,953

Data Sources: Illinois Gaming Board

Beyond major leagues, motor sports and the broader category of “other sports” represent a significant niche within Illinois’ betting market. The Illinois Gaming Board tracks these separately because motorsports have unique race-specific rules, while the group of “other sports” comprises all other disciplines, from tennis and golf to niche sports like table tennis, darts, and cricket.

For the last reporting period from December 2025 to January 2026, motor sports saw only 2,704 bets placed, resulting in a handle of $101,062, with 96.3% coming from the online segment. The other sports attracted 107,416 bets and generated a betting volume of $7.2 million.

Handle from Motor Sports and Other Events
(December 2025 – January 2026)

Data Sources: Illinois Gaming Board

New Jersey Completes the Top 3 with $1.03 Billion in Handle in January

New Jersey’s sports betting market saw a contraction in January 2026, with combined revenue falling 6.5% year-over-year to $114.2 million. This decline was felt across all sectors as online gross revenue slipped 5.3% to $112.3 million, while in-person revenue plummeted by over 47% to just $1.93 million.

New Jersey Sports Betting revenue and Handle
(January 2026)

Data Sources: New Jersey Office of Attorney General

Despite these dips, the state achieved a total sports betting handle of $1.03 billion in January. Similarly to New York and Illinois, most betting activity took place online as $999.2 million, or roughly 96.6% of all handle came from digital platforms. Land-based sportsbooks, or sports lounges as they are commonly called, reported a modest $35.2 million in betting volume.

Breakdown of Sports Betting Handle and Revenue in New Jersey (January 2026)
In-Person Revenue $1,928,201
In-Person Handle $35,211,73
Online Revenue $112,304,80
Online Handle $999,222,617

Data Sources: New Jersey Office of Attorney General

Parlays were the most popular choice for New Jersey bettors, accounting for $340.1 million of the total handle in January. Among individual sports, basketball led the way with $280.7 million, followed by football with $219.8 million. The category of other sports contributed a significant $193.5 million, while baseball trailed behind, drawing only $108,892 in wagers.

New Jersey Betting Handle for Completed Events by Sport Type
(January 2026)

Data Sources: New Jersey Office of Attorney General

In summary, the US market shows no signs of slowing down, with Grand View Research projecting that the national sports betting industry will continue to expand at a compound annual growth rate of 10.9% by 2030. As Missouri’s newly launched industry matures and potential legislative shifts occur in other major states, the market will become even more competitive, reaching an even greater number of sports fans across the country.