US Sports Betting Revenue & Handle Tracker by State

The Gaming Today revenue tracker is your go-to resource to see the cash that US states and sportsbooks are reaping from legal mobile and retail sports betting. Bookmark this page to follow the money.

We update our tracker monthly with the latest figures and will include all-time data for the states with legal sports betting. Milestones and records—established since the Professional and Amateur Sports Protection Act was overturned in 2018—are also recorded here.

US Sports Betting Revenue Totals For 2024:

$3,656,538,970 (through March/April reporting states)

This sports betting revenue figure includes 33 of the 40 US jurisdictions where sports betting is legal and underway, once all have reported for a month. This Gaming Today resource is updated as states issue their figures.

It does not include Puerto Rico, Florida, New Mexico, Wisconsin, Washington, Nebraska, and North Dakota, where sports betting falls under the auspices of tribal gaming. Native gambling companies are not required to disclose their gambling figures publicly.

In most markets, more than 90% of sports betting is online. For markets where mobile wagering is heavily favored, like New York and New Jersey, more than 90% of betting happens online.

Virginia is one of the states that doesn’t publish separate mobile and retail sports betting figures. Virginia opened its first retail sportsbook in July 2022, but its retail casino reports don’t list sportsbook handle separately.

Sports Betting Revenue By State

Top 2024 Sports Betting Revenue State: New York – $679,608,611 (through April reporting)
Top 2023 Sports Betting Revenue State: New York – $1,697,297,602

New York led the way in sports betting revenue in 2023, with more than $1.6 billion in revenue. New Jersey sportsbook revenue was second-best at just more than $1 billion. Illinois sports betting revenue was next at $882 million.

This is the taxable revenue in each state’s market. It is what’s left over after sportsbooks pay winnings and deduct promotional credits. When pushing for legalization, sports betting proponents are unlikely to advertise this revenue figure. Handle and tax revenue are both more attractive figures for the skim-reading public.

Arizona

Arizona sports betting became legal in April 2021 and is regulated by the Arizona Department of Gaming. Both online and retail sportsbooks launched on Sept. 9, 2021. The state has an 8% tax rate on gross retail revenue at sportsbooks and a 10% tax on mobile revenue. January 2024 saw the highest monthly gross revenue from sportsbooks in the state’s legal history.

All-Time Revenue: $1,326,679.960
2024 Revenue: $125,273,307

Month	Betting Handle	Gross Revenue	Tax Revenue
February 2024	$637,485,879	$54,329,589	$2,788,885
January 2024	$706,382,861	$70,943,718	$4,610,005

Gross Revenue (2021-23)

December 2023: $67,697,686
November 2023: $42,333,282
October 2023: $56,868,981
September 2023: $60,115,066
August 2023: $31,681,151
July 2023: $35,343,495
June 2023: $28,331,608
May 2023: $49,458,507
April 2023: $49,163,323
March 2023: $53,523,947
February 2023: $35,412,452
January 2023: $47,486,817
December 2022: $55,581,725
November 2022: $56,028,195
October 2022: $49,392,417
September 2022: $56,428,816
August 2022: $37,161,759
July 2022: $22,684,581
June 2022: $12,601,356
May 2022: $56,193,286
April 2022: $30,441,992
March 2022: $38,898,393
February 2022: $25,629, 835
January 2022: $41, 890, 200
December 2021: $39,822,928
November 2021: $51,416,143
October 2021: $37,510,371
September 2021: $32,308,342

Arkansas

Arkansas sports betting became legal in November 2018 and is regulated by the Arkansas Racing Commission. The state first launched retail sportsbooks in July 2019, and online sports betting went live in May 2022. The tax rate on sportsbooks is 13% of gross revenue.

Between October 2023 and January 2024, the state saw the three highest monthly gross revenue amounts. At least $5.7 million was reported in each month outside of November 2023 (just over $3 million).

All-Time Revenue: $85,116,693
2024 Revenue: $15,723,591

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$41,763,742	$3,788,712	$568,536
March 2024	$50,031,696	$3,406,749	$510,490
February 2024	$40,947,811	$2,672,209	$413,682
January 2024	$50,698,701	$5,855,921	$894,654

Gross Revenue (2019-23)

December 2023: $5,762,757
November 2023: $3,018,845
October 2023: $5,825,161
September 2023: $3,992,930
August 2023: $1,673,538
July 2023: $2,077,422
June 2023: $1,334,973
May 2023: $2,293,281
April 2023: $2,336,023
March 2023: $4,264,047
February 2023: $1,709,714
January 2023: $2,868,244
December 2022: $3,409,972
November 2022: $2,999,450
October 2022: $2,793,719
September 2022: $3,208,032
August 2022: $1,015,339
July 2022: $854,436
June 2022: $4,045
May 2022: $615,576
April 2022: $749,810
March 2022: $791,867
February 2022: $359,103
January 2022: $1,181,335
December 2021: $130,305
November 2021: $1,623,434
October 2021: $803,567
September 2021: $809,404
August 2021: $310,481
July 2021: $449,040
June 2021: $382,940
May 2021: $506,142
April 2021: $756,328
March 2021: $805,182
February 2021: $651,239
January 2021: $1,383,240
December 2020: $1,054,273
November 2020: $975,984
October 2020: $940,513
September 2020: $397,095
August 2020: $69,625
July 2020: -$19,633
June 2020: $10
May 2020: -$115
April 2020: $0
March 2020: $222,373
February 2020: $411,589
January 2020: $254,811
December 2019: $455,368
November 2019: $181,497
October 2019: $380,006
September 2019: $183,044
August 2019: $58,858
July 2019: $76,885

Colorado

Colorado sports betting was legalized in November 2019 and is regulated by the Colorado Limited Gaming Commission. Both retail and online sports betting options went live on May 1, 2020. Colorado taxes 10% on the casinos’ net sports betting proceeds.

As of early 2024, there are 20 online sportsbooks to choose from. The highest monthly gross revenue—nearly $53.5 million—was achieved in January 2024.

All-Time Revenue: $1,194,081,151
2024 Revenue: $124,294,477

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$593,094,977	$45,041,776	$2,852,592
February 2024	$536,988,261	$25,762,378	$1,302,174
January 2024	$596,685,968	$53,490,323	$4,128,369

Gross Revenue (2020-23)

December 2023: $40,537,499
November 2023: $28,585.606
October 2023: $46,914,492
September 2023: $45,276,517
August 2023: $25,873,058
July 2023: $24,962,106
June 2023: $9,223,661
May 2023: $31,406,903
April 2023: $35,148,593
March 2023: $45,935,669
February 2023: $22,599,602
January 2023: $35,482,562
December 2022: $40,909,238
November 2022: $37,569,022
October 2022: $36,514,974
September 2022: $51,339,659
August 2022: $25,859,270
July 2022: $20,802,881
June 2022: $6,781,092
May 2022: 27,119,329
April 2022: $22,571,887
March 2022: $28,238,194
February 2022: $19,604,490
January 2022: $34,640,219
December 2021: $24,732,487
November 2021: $36,781,848
October 2021: $28,616,708
September 2021: $22,658,630
August 2021: $15,228,343
July 2021: $15,652,461
June 2021: $19,730,957
May 2021: $15,129,108
April 2021: $17,563,939
March 2021: $20,365,119
February 2021: $10,444,810
January 2021: $23,144,535
December 2020: $17,151,867
November 2020: $18,354,655
October 2020: $17,402,409
September 2020: $4,166,334
August 2020: $7,519,599
July 2020: $5,196,599
June 2020: $3,484,015
May 2020: $2,565,729

Connecticut

Connecticut sports betting was signed into law on May 19, 2021, and is overseen by the Connecticut Department of Consumer Protection. Retail sportsbooks launched on Oct. 12 of the same year, and online sportsbooks went live a week later. DraftKings and FanDuel operate with tribal casinos, while Fanatics is the exclusive sports betting partner of the Connecticut Lottery. The state tax rate is set at 13.75% for retail-adjusted gaming revenue and 18% for mobile revenue.

All-Time Revenue: $437,300,308
2024 Revenue: $76,477,438

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$154,109,876	$19,105,482	$2,133,325
March 2024	$187,815,980	$16,981,438	$1,892,701
February 2024	$162,841,632	$14,820,348	$1,598,679
January 2024	$202,752,249	$25,570,170	$2,864,562

Gross Revenue (2018-23)

December 2023: $22,813,764
November 2023: $12,862,839
October 2023: $19,849,187
September 2023: $18,900,892
August 2023: $9,797,155
July 2023: $11,126,316
June 2023: $9,752,058
May 2023: $15,271,178
April 2023: $13,610,074
March 2023: $17,029,646
February 2023: $11,626,147
January 2023: $19,610,098
December 2022: $16,268,906
November 2022: $17,869,847
October 2022: $17,012,667
September 2022: $17,608,762
August 2022: $10,882,317
July 2022: $8,611,816
June 2022: $7,142,610
May 2022: $10,308,064
April 2022: $10,353,842
March 2022: $11,511,388
February 2022: $5,844,220
January 2022: $11,891,808
December 2021: $10,242,899
November 2021: $17,456,823
October 2021: $5,567,547

Delaware

Delaware sports betting was legal as soon as PASPA fell in 2018, and it is regulated by the Delaware Lottery. While the first retail sportsbook launched in June 2018, it took 5.5 years until mobile sports betting was available (Jan. 3, 2024). The lone online sportsbook available is BetRivers. 50% of sports betting revenue is taxed by the state.

All-Time Revenue: $122,427,455
2024 Revenue: $3,785,315

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$18,935,525	$1,168,825	$639,169
February 2024	$13,763,241	$659,017	$283,002
January 2024	$17,085,199	$1,957,473	$1,306,854

Gross Revenue (2020-23)

December 2023: $2,147,792
November 2023: $600,906
October 2023: $2,706,248
September 2023: $991,828
August 2023: $340,209
July 2023: $311,152
June 2023: $80,201
May 2023: $276,116
April 2023: $757,951
March 2023: $622,285
February 2023: $347,890
January 2023: $1,714,167
December 2022: $1,428,195
November 2022: $1,622,874
October 2022: $2,597,717
September 2022: $2,915,961
August 2022: $399,945
July 2022: $438,069
June 2022: $242,316
May 2022: $565,508
April 2022: $358,171
March 2022: $631,099
February 2022: $74,297
January 2022: $2,716,347
December 2021: $-972,383
November 2021: $6,226,325
October 2021: $4,635,199
September 2021: $ 4,420,661
August 2021: $541,621
July 2021: $724,765
June 2021: $737,984
May 2021: $775,611
April 2021: $1,023,199
March 2021: $1,104,859
February 2021: $679,021
January 2021: $3,288,405
December 2020: $4,408,081
November 2020: $8,162,861
October: 2020: $4,945,186
September 2020: $2,803,022
August 2020: $419,561
July 2020: $13,845
June 2020: $0
May 2020: $0
April 2020: $0
March 2020: $653,127
February 2020: $-410,665
January 2020: $2,527,312
December 2019: $4,174,862
November 2019: $4,236,148
October 2019: $4,640,776
September 2019: $5,979,895
August 2019: $586,057
July 2019: $579,897
June 2019: $533,377
May 2019: $464,335
April 2019: $703,739
February 2019: $-616,941
January 2019: $2,687,370
December 2018: $5,810,007
November 2018: $2,505,848
October 2018: $2,565,957
September 2018: $ 7,807,511
August 2018: $983,052
July 2018: $527,115
June 2018: $1,000,347

District of Columbia

DC sports betting was signed into law on January 23, 2019, and it is regulated by the DC Lottery. Both retail and online sportsbooks launched on May 28, 2020. GambetDC was the dominant online sports betting platform until April 15, 2024, when it was replaced by FanDuel Sportsbook. The District of Columbia taxes 10% on gaming revenue.

All-Time Revenue: $87,829,594
2024 Revenue: $5,203,159

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$11,034,199	$683,925	$254,349
March 2024	$15,742,055	$1,366,515	$323,907
February 2024	$11,977,394	$1,219,280	$313,660
January 2024	$15,957,167	$1,933,439	$521,114

Gross Revenue (2020-23)

December 2023: $2,533,959
November 2023: $1,227,995
October 2023: $2,001,445
September 2023: $1,934,261
August 2023: $1,048,451
July 2023: $1,409,549
June 2023: $484,844
May 2023: $2,024,803
April 2023: $1,418,907
March 2023: $2,275,690
February 2023: $1,193,982
January 2023: $1,494,441
December 2022: $2,410,628
November 2022: $2,641,893
October 2022: $3,111,718
September 2022: $3,530,497
August 2022: $1,832,685
July 2022: $1.166,210
June 2022: $999,545
May 2022: $2,016,709
April 2022: $1,431,275
March 2022: $1,365,996
February 2022: $740,542
January 2022: $1,962,256
December 2021: $1,398,706
November 2021: $4,434,922
October 2021: $1,570,660
September 2021: $3,883,674
August 2021: $1,492,901
July 2021: $1,801,748
June 2021: $2,191,486
May 2021: $2,008,091
April 2021: $2,087,240
March 2021: $1,867,034
February 2021: $1,333,019
January 2021: $2,805,493
December 2020: $2,708,653
November 2020: $3,611,200
October: 2020: $3,484,946
September 2020: $1,804,299
August 2020: $1,703,416
July 2020: $144,019
June 2020: $36,985
May 2020: $-240

Florida

Florida sports betting has been legal since November 2023, which saw the arrival of Hard Rock Bet, the state’s exclusive online sports betting app. The Seminole Tribe launched retail sports betting a month later on Dec. 7, 2023. Hard Rock Bet was briefly live back in 2021 before being shut down, and a legal fight began in the state.

No revenue data is currently available.

Illinois

Illinois sports betting was legalized on June 28, 2019, and is regulated by the Illinois Gaming Board. A year later, retail sportsbooks were first available on March 9, and online sports betting debuted on June 18. As of late 2023, eight online sportsbooks are operating across the state. There’s a 15% tax rate on sports betting operators.

All-Time Revenue: $2,797,523,870
2024 Revenue: $310,487,984

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$1,264,532,904	$103,814,124	$16,006,617
February 2024	$1,070,625,059	$77,162,218	$13,452,317
January 2024	$1,286,243,926	$129,511,642	$21,642,278

Gross Revenue (2020-23)

December 2023: $126,360,303
November 2023: $73,297,758
October 2023: $104,679,506
September 2023: $99,989,998
August 2023: $58,823,721
July 2023: $61,897,923
June 2023: $52,288,208
May 2023: $91,579,820
April 2023: $81,311,927
March 2023: $107,423,414
February 2023: $63,297,910
January 2023: $88,552,064
December 2022: $81,407,470
November 2022: $96,937,248
October 2022: $91,569,752
September 2022: $83,533,801
August 2022: $64,628,599
July 2022: $43,849,539
June 2022: $40,981,475
May 2022: $65,214,388
April 2022: $68,234,791
March 2022: $79,421,037
February 2022: $31,074,381
January 2022: $59,343,378
December 2021: $36,677,207
November 2021: $78,227,189
October 2021: $48,316,644
September 2021: $44,579,564
August 2021: $32,717,934
July 2021: $37,292,355
June 2021: $48,187,782
May 2021: $36,554,947
April 2021: $41,969,306
March 2021: $49,884,489
February 2021: $30,313,913
January 2021: $49,365,489
December 2020: $28,368,846
November 2020: $36,974,421
October 2020: $46,967,823
September 2020: $11,754,530
August 2020: $7,643,489
July 2020: $4,769,184
June 2020: $812,901
No wagering April-May 2020
March 2020: $120,054

Indiana

Indiana sports betting was signed into law on May 8, 2019, and it is regulated by the Indiana Gaming Commission. Retail sportsbooks launched first on Sept. 1, 2019, and online sportsbooks opened shortly after on Oct. 3, 2019. The highest monthly gross revenue record was set in December 2023, at just over $54.6 million. There is a 9.5% tax rate on both online and retail sports betting operators.

All-Time Revenue: $1,445,613,705
2024 Revenue: $168,084,919

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$393,855,317	$39,077,679	$3,523,226
March 2024	$500,757,257	$37,899,471	$3,744,875
February 2024	$408,675,534	$37,601,071	$3,608,431
January 2024	$480,573,358	$53,506,698	$5,079,594

Gross Revenue (2019-23)

December 2023: $54,603,323
November 2023: $26,848,975
October 2023: $46,135,347
September 2023: $40,624,361
August 2023: $23,633,486
July 2023: $23,420,740
June 2023: $19,036,099
May 2023: $33,542,239
April 2023: $29,349,149
March 2023: $43,746,469
February 2023: $28,076,424
January 2023: $35,347,154
December 2022: $43,555,139
November 2022: $40,197,276
October 2022: $46,393,925
September 2022: $50,551,749
August 2022: $25,978,248
July 2022: $20,510,071
June 2022: $15,653,583
May 2022: $31,951466
April 2022: $27,634,092
March 2022: $32,788,454
February 2022: $22,396,131
January 2022: $29,278,177
December 2021: $26,007,133
November 2021: $47,815,377
October 2021: $27,838,472
September 2021: $33,307,106
August 2021: $16,704,438
July 2021: $17,225,036
June 2021: $26,748,803
May 2021: $18,011,339
April 2021: $19,90,320
March 2021: $27,421,008
February 2021: $15,867,143
January 2021: $31,668,178
December 2020: $22,003,606
November 2020: $25,255,641
October 2020: $25,094,814
September 2020: $11,238,814
August 2020: $12,601,820
July 2020: $4,885,514
June 2020: $2,543,803
May 2020: $3,323,031
April 2020: $1,629,555
March 2020: $5,300,191
February 2020: $10,381,954
January 2020: $12,223,222
December 2019: $10,593,321
November 2019: $10,593,321
October 2019: $10, 629,476
September 2019: $8, 284,862

Iowa

Iowa sports betting was legalized on May 13, 2019, and is regulated by the Iowa Racing and Gaming Commission. Just a few months after being signed into law, retail and online sportsbooks began accepting bets on Aug. 15, 2019. The tax rate is set at 6.75% on gross revenue across the board. As of early 2024, 19 mobile and retail sports betting options are available in Iowa.

All-Time Revenue: $621,178,390
2024 Revenue: $70,395,896

Month	Sports Betting Handle	Internet Handle	Tax Revenue
August 2024	$166,987,544.23	$156,108,842.48	$1,058,864.13
July 2024	$138,136,616.46	$130,623,913.24	$936,488.81

Gross Revenue (2019-23)

December 2023: $26,251,213
November 2023: $14,113,494
October 2023: $24,189,825
September 2023: $24,059,083
August 2023: $13,507,280
July 2023: $10,568,989
June 2023: $7,131,173
May 2023: $16,599,871
April 2023: $14,117,868
March 2023: $19,857,210
February 2023: $11,871,156
January 2023: $16,543,361
December 2022: $20,745,524
November 2022: $5,802,261
October 2022: $19,137,523
September 2022: $25,417,557
August 2022: $14,418,923
July 2022: $11,173,191
June 2022: $6,568,678
May 2022: $12,630,387
April 2022: $12,398,243
March 2022: $14,411,046
February 2022: $8,579,100
January 2022: $14,269,557
December 2021: $13,371,197
November 2021: $19,935,558
October 2021: $10,840,968
September 2021: $11,135,516
August 2021: $7.327,163
July 2021: $8,112,953
June 2021: $8,424,699
May 2021: $6,133,477
April 2021: $7,725,272
March 2021: $13,454,158
February 2021: $7,708,148
January 2021: $11,343,303
December 2020: $7,537,004
November 2020: $8,144,096
October 2020: $9,080995
September 2020: $5,167,816
August 2020: $3,003,903
July 2020: $2,244,012
June 2020: $620,740
May 2020: $501,082
April 2020: $150,311
March 2020: $1,185,888
February 2020: $755,334
January 2020: $3,232,696
December 2019: $2,904,257
November 2019: $3,599,750
October 2019: $5,658,131
September 2019: $4,959,745
August 2019: $2,161,807

Kansas

Kansas sports betting was legalized on May 11, 2022, and is regulated by the Kansas Lottery. Both retail and online sportsbooks were available on Sept. 1, the beginning of the football season. The tax rate in Kansas is 10% of the operator’s adjusted gross revenue. The highest revenue reported was in December 2023—just over $30.9 million.

All-Time Revenue: $322,901,363
2024 Revenue: $63,980,001

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$192,085,924	$17,890,802	$1,040,396
March 2024	$252,901,770	$16,760,995	$714,697
February 2024	$203,046,644	$8,463,732	$305,494
January 2024	$239,618,587	$20,864,472	$1,433,272

Gross Revenue (2022-23)

December 2023: $30,913,033
November 2023: $18,017,353
October 2023: $25,404,712
September 2023: $18,155,498
August 2023: $7,662,828
July 2023: $9,644,263
June 2023: $8,195,048
May 2023: $14,550,824
April 2023: $14,636,899
March 2023: $220,975,191
February 2023: –$845,377
January 2023: $15,105,189
December 2022: $16,835,233
November 2022: $19,073,128
October 2022: $18,582,842
September 2022: $22,014,698

Kentucky

Regulated by the Kentucky Horse Racing Commission, Kentucky sports betting was signed into law on March 31, 2023. Retail sports betting began on Sept. 7, 2023, and online sportsbooks went live three weeks later. The state taxes retail betting revenue at 9.75%, and mobile is significantly higher at 14.25%. At this time, there are seven retail and mobile sports betting options in the state of Kentucky.

All-Time Revenue: $178,819,498
2024 Revenue: $61,317,200

Month	Betting Handle	Gross Revenue	Tax Revenue
February 2024	$208,375,604	$22,066,987	$3,038,957
January 2024	$257,108,231	$39,250,213	$5,365,293
December 2023	$263,358,546	$32,677,585	$4,485,568
November 2023	$282,513,959	$23,104,203	$3,047,978
October 2023	$287,976,434	$47,132,538	$7,646,840
September 2023	$57,816,126	$14,587,972	$319,713

Gross Revenue (2023)

December 2023: $32,677,585
November 2023: $23,104,203
October 2023: $47,132,538
September 2023: $14,587,972

Louisiana

Louisiana sports betting was signed into law in November 2020, and it is regulated by the Louisiana Gaming Control Board. It took nearly a full year for sports betting to arrive in the state, with retail sportsbooks opening for wagers on Oct. 30, 2021. At the turn of the new year (Jan. 28, 2022), online sports betting became available.

The highest periods for gross revenue happened at the beginning of the previous winter. In December 2023, a new record was set at over $56.5 million. January 2024 followed up with over $52.6 million reported in revenue.

All-Time Revenue:$714,547,492
2024 Revenue: $121,499,199

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$350,006,557	$37,682,135	$4,910,457
February 2024	$274,775,955	$31,137,549	$3,765,778
January 2024	$346,320,907	$52,679,515	$5,681,508

Gross Revenue (2021-23)

December 2023: $56,511,836
November 2023: $29,290,043
October 2023: $43,338,752
September 2023: $43,143,474
August 2023: $18,137,683
July 2023: $18,282,477
June 2023: $13,981,060
May 2023: $29,622,000
April 2023: $23,414,940
March 2023: $61,205,762
February 2023: $23,295,088
January 2023: $35,729,570
December 2022: $37,290,791
November 2022: -$25,323,194
October 2022: $30,694,282
September 2022: $32,263,110
August 2022: $9,713,993
July 2022: $20,980,593
June 2022: $10,891,261
May 2022: $25,691,302
April 2022: $6,140,843
March 2022: $30,943,063
February 2022: $27,316,419
January 2022: $7,992,540
December 2021: $4,380,700
November 2021: $5,685,706

Maine

Maine kicked off sports betting with official legalization in May 2022. It took over a year after the bill was signed into law, but Maine sports betting was finally available online on Nov. 3, 2023. There is a 10% tax rate on adjusted gross revenue.

There are two sportsbooks in operation: DraftKings and Caesars. At this time, no retail locations are available. Sports betting is regulated by the Maine State Police Gambling Control Unit.

All-Time Revenue: $25,328,519
2024 Revenue: $16,387,832

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$38,203,545	$4,063,250	$414,356
March 2024	$47,407,405	$2,672,964	$270,607
February 2024	$33,610,150	$4,220,952	$425,602
January 2024	$38,010,991	$5,430,666	$546,149
December 2023	$44,354,459	$4,353,944	$437,884
November 2023	$37,467,976	$4,586,743	$464,151

Gross Revenue (2023)

December 2023: $4,353,944
November 2023: $4,586,743

Maryland

Maryland sports betting was first legalized in November 2020 and is overseen by Maryland Lottery and Gaming. Over two years, it finally went live at retail sportsbooks (Dec. 9, 2021) and on mobile sports betting apps (Nov. 23, 2022). The state tax rate is set at 15% on adjusted revenue from operators. Gross revenue broke the $80 million mark for the first time in January 2024, setting the record in a single month.

All-Time Revenue: $855,702,692
2024 Revenue: $218,970,917

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$486,319,124	$50,420,705	$5,686,446
March 2024	$536,730,427	$45,104,096	$4,853,985
February 2024	$442,557,658	$43,445,464	$4,210,511
January 2024	$544,971,369	$80,000,652	$8,246,847

Gross Revenue (2018-23)

December 2023: $62,330,932
November 2023: $41,628,982
October 2023: $58,701,910
September 2023: $45,575,923
August 2023: $24,900,637
July 2023: $28,114,521
June 2023: $27,077,118
May 2023: $42,742,217
April 2023:$35,644,586
March 2023: $47,548,313
February 2023: $40,214,644
January 2023: $59,601,405
December 2022: $85,168,804
November 2022: $30,620,539
October 2022: $5,309,436
September 2022:$6,639,776
August 2022: $3,231,851
July 2022: $2,026,548
June 2022: $1,309,834
May 2022: $3,077,031
April 2022: $2,838,501
March 2022: $3,927,573
February 2022: $955,377
January 2022:$4,375,316
December 2021: $3,170,001
November 2021: $114,788,726
October 2021: $84,311,810
September 2021: $82,280,645
August 2021: $52,023,081
July 2021: $54,800,465
June 2021: $71,134,768
May 2021: $52,826,372
April 2021: $54,711,189
March 2021: $60,624,773
February 2021: $46,222,846
January 2021: $82,209,293
December 2020: $66,301,567
November 2020: $50,410,546
October 2020: $58,403,209
September 2020: $45,127,763
August 2020: $39,507,182
July 2020: $29,551,986
June 2020: $12,639,282
May 2020: $9,912,062
April 2020: $2,634,050
March 2020: $13,181,101
February 2020: $17,000,928
January 2020: $53,561,626
December 2019: $29,424,884
November 2019: $32,895,546
October 2019: $46,393,537
September 2019: $37,955,171
August 2019: $25,210,342
July 2019: $17,884,790
June 2019: $9,701,926
May 2019: $15,536,384
April 2019: $21,215,748
March 2019: $31,669,387
February 2019: $12,732,738
January 2019: $18,777,582
December 2018: $20,814,223
November 2018: $21,243,867
October 2018: $11,686,117
September 2018: $23,775,812
August 2018: $9,197,827
July 2018: $3,845,879
June 2018: $3,458,668

Massachusetts

Massachusetts sports betting was signed into law on Aug. 1, 2022, and is regulated by the Massachusetts Gaming Commission. Sports betting first launched at retail locations on Jan. 31, 2023. Online sports betting went live just in time for March Madness on March 10, 2023.

The tax rate is different for retail (15%) and online (20%) sports betting revenue. As of early 2024, there are three retail locations and six online sportsbook options.

All-Time Revenue: $708,164,023
2024 Revenue: $174,419,020

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$612,732,077	$50,593,502	$9,918,583
March 2024	$658,740,415	$47,840,193	$9,208,593
February 2024	$538,839,465	$53,860,586	$10,514,991
January 2024	$650,279,922	$72,718,241	$14,165,773

Gross Revenue (2023)

December 2023: $62,161,918
November 2023: $50,550,463
October 2023: $60,560,834
September 2023: $51,045,187
August 2023: 23,485,442
July 2023: $30,132,777
June 2023: $33,000,352
May 2023: $62,073252
April 2023: $60, 281,564
March 2023: $448,289,185
February 2023: $1,486,743
January 2023: -$8,227

Michigan

Michigan sports betting became legal on Dec. 13, 2019. The following year, retail sportsbooks launched on March 11, 2020. Nine months later, online sportsbooks went live on Jan. 22, 2021. All sports betting is regulated by the Michigan Gaming Control Board.

The state of Michigan taxes sportsbook operators 3.78% on gross revenue. The state reached $1 billion in online sports betting and casino revenue in the first half of the 2023 fiscal year.

All-Time Revenue: $1,312,978,296
2024 Revenue: $122,094,053

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$497,622,752	$43,534,858	$2,466,112
February 2024	$415,816,758	$30,361,417	$1,289,879
January 2024	$601,585,142	$48,197,778	$1,978,630

March 2024: $43,534,858
February 2024: $30,361,417
January 2024: $48,197,778
December 2023: $154,174,520
November 2023: $37,043,266
October 2023: $46,135,708
September 2023: $45,606,094
August 2023: $23,480,419
July 2023: $22,985,461
June 2023: $17,928,415
May 2023: $3,125,966
April 2023: $36,275,215
March 2023: $46,016,812
February 2023: $23,134,728
January 2023: $33,785,629
December 2022: $50,450,735 1
November 2022: $42,758,230
October 2022: $51,362,299
September 2022: $50,442,748
August 2022: $25,654,849
July 2022: $22,874,582
June 2022: $15,826,610
May 2022: $35,920,231
April 2022: $32,630,491
March 2022: $32,445,133
February 2022: $21,633,471
January 2022: $36,647,758
December 2021: $35,920,227
November 2021: $58,762,835
October 2021: $26,947,289
September 2021: $27,135,351
August 2021: $17,536,332
July 2021: $20,766,255
June 2021: $27,244,793
May 2021: $21,228,714
April 2021: $21,922,961
March 2021: $35,238,593
February 2021: $9,395,302
January 2021: $17,423,564
December 2020: $1,883,240 7
November 2020: $2,337,638
October 2020: $7,596,972
September 2020: $4,376,407
August 2020: $1,977,052
April through July 2020: No sports betting
March 2020: $105,548

Mississippi

Due to existing laws, Mississippi sports betting was legal as soon as PASPA was struck down. The first legal sportsbook launched on Aug. 1, 2018. At this time, there are still no online sportsbooks in the state. Mississippi taxes sportsbook operators 12% of their gross revenue.

All-Time Revenue: $295,100,896
2024 Revenue: $13,900,483

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$34,259,933	$5,117,380	$614,086
March 2024	$44,536,548	$2,297,096	$275,652
February 2024	$31,374,402	$3,362,903	$403,548
January 2024	$57,223,251	$3,123,104	$374,772

Gross Revenue (2018-23)

December 2023: $4,886,771
November 2023: $3,103,061
October 2023: $7,344,506
September 2023: $8,144,028
August 2023: $2,691,244
July 2023: $2,463,571
June 2023: $1,848,676
May 2023: $3,180,953
April 2023: $4,347,138
March 2023: $4.953,171
February 2023: $3,143,541
January 2023: $5,117,380
December 2022: $11,297,381
November 2022: $5,087,585
October 2022: $7,687,183
September 2022: $8,779,943
August 2022: $2,687,465
July 2022: $2,527,212
June 2022: $2,082,091
May 2022: $4,006,359
April 2022: $4,209,290
March 2022: $3,695,723
February 2022: $1,887,995
January 2022:$6,521,389
December 2021: $3,238,730
November 2021: $9,520,846
October 2021: $9,146,363
September 2021: $8,846,121
August 2021: $1,886,405
July 2021: $2,887,695
June 2021: $3,194,317
May 2021: $3,888,299
April 2021: $4,300,968
March 2021: $5,237,031
February 2021: $4,606,840
January 2021: $9,114,483
December 2020: $7,762,542
November 2020: $8,108,102
October 2020: $8,769,600
September 2020: $6,598,931
August 2020: $3,748,732
July 2020: $1,335,763
June 2020: -$62,231
May 2020: $87,697
April 2020: $0
March 2020: $648,647
February 2020: $2,105,780
January 2020: $4,637,967
December 2019: $3,478,919
November 2019: $3,784,071
October 2019: $12,296,357
September 2019: $5,631,583
August 2019: $2,884,348
July 2019: $1,053,776
June 2019: $1,625,113
May 2019: $1,191,967
April 2019: $2,057,834
March 2019: $4,898,726
February 2019: $2,756,439
January 2019: $2,793,238
December 2018: $6,174,224
November 2018: $1,674,250
October 2018: $1,178,343
September 2018: 5,503,793
August 2018: $645,057

Montana

Montana sports betting was first legalized in March 2019, and it is regulated and operated by the Montana Lottery. One year later in 2020, retail and mobile activity went live. There are many retail lottery locations in Montana where sports betting is allowed. It is available through a mobile app to build a bet, but the catch is that wagers are accepted only at a retail location. The lottery collects 8.5% of gross sports betting receipts.

All-Time Revenue: $26,645,296
2024 Revenue: $2,250,550

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$5,486,090	$644,653	$57,626
March 2024	$6,588,001	$500,562	-$94,943
February 2024	$4,702,532	$253,229	-$130,215
January 2024	$5,863,499	$852,106	$159,454

Gross Revenue (2020-23)

December 2023: $1,005,395
November 2023: $717,423
October 2023: $1,102,195
September 2023: $676,451
August 2023: $337,442
July 2023: $560,046
June 2023: $282,263
May 2023: $666,686
April 2023: $633,005
March 2023: $925,542
February 2023: $560,668
January 2023: $979,495
December 2022: $931,178
November 2022: $681,222
October 2022: $
September 2022: $975,542
August 2022: $440,591
July 2022: $274,000
June 2022: $274,694
May 2022: $382,130
April 2022: $389,693
March 2022: $671,606
February 2022: $705,841
January 2022:$669,464
December 2021: $642,265
November 2021: $879,240
October 2021: $568,817
September 2021: $561,587
August 2021: $475,519
July 2021: $446,624
June 2021: $385,441
May 2021: $496,740
April 2021: $501,413
March 2021: $652,401
February 2021: $309,201
January 2021: $486,975
December 2020: $594,935
November 2020: $465,183
October 2020: $491,142
September 2020: $303,394
August 2020: $240,986
July 2020: $170,766
June 2020: $68,714
May 2020: $30,502
April 2020: -$289
March 2020: $3,130

Nebraska

Nebraska sports betting is legal as of May 26, 2021, and it is regulated by the Nebraska Racing and Gaming Commission. Officially, sports betting launched in the state on June 22, 2023. However, it is limited to three retail locations, and there is no online sports betting activity. Nebraska collects a 20% tax on sportsbook operator revenue.

No sports betting revenue data available.

Nevada

Nevada sports betting is a unique outlier in the United States. For a long time, Nevada was the exclusive home to wagering, beginning with its legalization in 1949. The first modern retail sportsbook was launched in 1976 at Stardust.

Online sports betting in Nevada was legalized in 2010, and the first mobile sportsbook was available in October 2011. The state tax rate on sportsbook operators is 6.75%. The Nevada Gaming Control Board handles all sports betting regulations.

Post-PASPA Revenue: $2,303,761,000
2024 Revenue: $142,411,000

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$784,568,642	$29,762,000	$2,008,935
February 2024	$712,628,161	$47,910,000	$3,233,925
January 2024	$782,980,978	$64,739,000	$4,369,883

Gross Revenue (2018-23)

December 2023: $59,090,000
November 2023: $40,992,000
October 2023: $68,111,000
September 2023: $62,297,000
August 2023: $18,101,000
July 2023: $25,256,000
June 2023: $9,503,000
May 2023: $30,064,000
April 2023: $30,533,000
March 2023: $43,851,000
February 2023: $41,277,000
January 2023: $50,440,000
December 2022: $55,204,000
November 2022: $37,671,000
October 2022: $56,859,000
September 2022: $70,629,000
August 2022: $16,072,000
July 2022: $18,591,000
June 2022: $23,835,000
May 2022: $26,999,000
April 2022: $25,368,000
March 2022: $36,926,000
February 2022: $30,920,000
January 2022: $49,997,000
December 2021: $15,960,000
November 2021: $71,971,000
October 2021: $48,312,000
September 2021: $54,205,000
August 2021: $14,342,000
July 2021: $33,278,000
June 2021: $29,186,000
May 2021: $27,079,000
April 2021: $27,210,000
March 2021: $39,346,000
February 2021: $31,846,000
January 2021: $52,381,000
December 2020: $40,573,000
November 2020: $61,807,000
October 2020: $42,388,000
September 2020: $32,895,000
August 2020: $16,985,000
July 2020: $6,295,000
June 2020: -$483,000
May 2020: $1,334,500
April 2020: $1,334,500
March 2020: $1,455,000
February 2020: $38,064,000
January 2020: $20,152,000
December 2019: $36,327,000
November 2019: $31,012,000
October 2019: $47,886,000
September 2019: $52,069,000
August 2019: $18,733,000
July 2019: $10,534,000
June 2019: $16,588,000
May 2019: $11,267,000
April 2019: $21,656,000
March 2019: $32,523,000
February 2019: $35,816,000
January 2019: $14,626,000
December 2018: $44,106,000
November 2018: $27,136,000
October 2018: $29,547,000
September 2018: $56,304,000
August 2018: $12,603,000
July 2018: $4,061,000
June 2018: $20,172,000

New Hampshire

New Hampshire sports betting was legalized on July 12, 2019, and the regulator is the New Hampshire Lottery. Mobile sports betting kicked off on Dec. 30, 2019. The following year, DraftKings Sportsbook at The Brook was the first retail location to open on Aug. 12. The state tax rate is a revenue-sharing deal with DraftKings, as it is the exclusive operator in the state.

All-Time Revenue: $236,505,145
2024 Revenue: $21,990,997

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$72,597,059	$5,585,067	$2,431,041
February 2024	$62,274,731	$6,585,297	$2,864,800
January 2024	$73,301,559	$9,820,633	$4,452,042

Gross Revenue (2019-23)

December 2023: $7,652,564
November 2023: $8,228,924
October 2023: $8,781,951
September 2023: $6,178,362
August 2023: $3,344,211
July 2023: $3,511,866
June 2023: $4,372,429
May 2023: $7,042,469
April 2023: $6,670,481
March 2023: $4,828,031
February 2023: $7,112,918
January 2023: $12,584,448
December 2022: $8,330,161
November 2022: $4,963,601
October 2022: $9,078,684
September 2022: $7,358,206
August 2022: $4,199,240
July 2022: $4,476,145
June 2022: $4,819,197
May 2022: $5,720,931
April 2022: $3,436,446
March 2022: $5,263,248
February 2022: $1,018,098
January 2022:$8,029,427
December 2021: $2,641,046
November 2021: $6,172,580
October 2021: $5,409,196
September 2021: $4,420,924
August 2021: $1,594,235
July 2021: $3,062,545
June 2021: $ 3,869,773
May 2021: $3,115,230
April 2021: $3,302,340
March 2021: $4,254,732
February 2021: $1,787,930
January 2021: $4,197,029
December 2020: $4,537,653
November 2020: $4,770,459
October 2020: $4,203,875
September 2020: $2,290,384
August 2020: $1,367,516
July 2020: $1,268,688
June 2020: $691,103
May 2020: $424,947
April 2020: $262,393
March 2020: $818,605
February 2020: $1,359,396
January 2020: $1,643,793
December 2019: $44,759

New Jersey

New Jersey sports betting went legal on on June 14, 2018, shortly after the overturning of PASPA. The Garden State has led the nation in online sports betting since its inception.

Revenue from online sportsbooks is taxed at 14.25%. Revenue from retail sportsbooks is taxed at 9.75%

New Jersey has 17 live sportsbooks currently.

All-Time Revenue: $3,810,508,572
2024 Revenue: $434,238,628

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$1,044,283,588	$106,227,937	$15,106,918
March 2024	$1,329,010,828	$89,687,971	$12,136,364
February 2024	$1,081,171,835	$67,564,386	$9,963,546
January 2024	$1,719,170,088	$170,758,334	$24,346,734

Gross Revenue (2018-23)

December 2023: $109,516,484
November 2023: $95,889,050
October 2023: $92,258,295
September 2023: $287,120,513
August 2023: $30,614,565
July 2023: $239,406,353
June 2023: $33,866,725
May 2023: $57,533,744
April 2023: $72,304,036
March 2023: $93,039,999
February 2023: $54,621,220
January 2023: $72,330,439
December 2022: $87,701,471
November 2022: $80,426,931
October 2022: $77,907,041
September 2022: $97,981,122
August 2022: $65,272,385
July 2022: $45,007,343
June 2022: $39,245,213
May 2022: $61,594,016
April 2022: $50,345,808
March 2022: $66,404,370
February 2022: $30,873,369
January 2022: $60,195,902
December 2021: $59,047,673
November 2021: $114,788,726
October 2021: $84,311,810
September 2021: $82,280,645
August 2021: $52,023,081
July 2021: $54,800,465
June 2021: $71,134,768
May 2021: $52,826,372
April 2021: $54,711,189
March 2021: $60,624,773
February 2021: $46,222,846
January 2021: $82,209,293
December 2020: $66,301,567
November 2020: $50,410,546
October 2020: $58,403,209
September 2020: $45,127,763
August 2020: $39,507,182
July 2020: $29,551,986
June 2020: $12,639,282
May 2020: $9,912,062
April 2020: $2,634,050
March 2020: $13,181,101
February 2020: $17,000,928
January 2020: $53,561,626
December 2019: $29,424,884
November 2019: $32,895,546
October 2019: $46,393,537
September 2019: $37,955,171
August 2019: $25,210,342
July 2019: $17,884,790
June 2019: $9,701,926
May 2019: $15,536,384
April 2019: $21,215,748
March 2019: $31,669,387
February 2019: $12,732,738
January 2019: $18,777,582
December 2018: $20,814,223
November 2018: $21,243,867
October 2018: $11,686,117
September 2018: $23,775,812
August 2018: $9,197,827
July 2018: $3,845,879
June 2018: $3,458,668

New Mexico

New Mexico sports betting has been available through tribal casinos since October 2018. The only way to place a wager is at a retail sportsbook. There is no online sports betting option.

No sports betting revenue data is available.

New York

New York sports betting became legal right when PASPA was struck down in 2018 due to laws already on the books from 2013. Retail sports betting began on July 16, 2019. Years later, the online sportsbook market opened on Jan. 8, 2022. With the addition of mobile sports betting and a high tax rate of 51%, New York receives the most revenue of any state.

The New York State Gaming Commission regulates sports betting. Nine online sportsbooks are currently in operation and available throughout the Empire State. In January 2024, the record monthly gross revenue topped $211.7 million.

All-Time Revenue: $3,785,832,296
2024 Revenue: $679,608,611

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$1,969,945,755	$184,032,347	$93,757,818
March 2024	$1,854,674,065	$152,553,937	$76,369,312
February 2024	$1,779,072,192	$131,315,621	$67,016,794
January 2024	$1,965,468,151	$211,706,706	$107,887,645

Gross Revenue (2019-23)

December 2023: $189,287,146
November 2023: $150,903,281
October 2023: $166,328,229
September 2023: $166,834,226
August 2023: $99,241,793
July 2023: $105,510,883
June 2023: $103,956,640
May 2023: $152,643,135
April 2023: $139,265,045
March 2023: $163,582,116
February 2023: $108,470,835
January 2023: $149,886,749
December 2022: $142,969,451
November 2022: $149,244,901
October 2022: $146,845,937
September 2022: $145,039,867
August 2022: $100,760,793
July 2022: $73,880,416
June 2022: $72,441,501
May 2022: $110,418,075
April 2022: $104,535,898
March 2022: $93,373,728
February 2022: $62,361,305
January 2022: $64,825,014
December 2021: $764,615
November 2021: $3,956,491
October 2021: $1,718,615
September 2021: $3,187,045
August 2021: $1,080,570
July 2021: $1,273,621
June 2021: $1,858,642
May 2021: $1,590,113
April 2021: $1,322,623
March 2021: $16,529,015
February 2021: $1,153,275
January 2021: $3,569,855
December 2020: $2,258,771
November 2020: $2,619,676
October 2020: $2,623,464
September 2020: $10,092,604
No wagering April-August 2020
March 2020: $99,514
February 2020: -$179,592
January 2020: $1,943,351
December 2019: $780,417
November 2019: $1,308,295
October 2019: $2,233,227
September 2019: $2,283,864
August 2019: $828,152
July 2019: $349,468

North Carolina

North Carolina sports betting was legalized on June 14, 2023, and is regulated by the North Carolina State Lottery Commission. Before that, it was offered exclusively at three tribal casinos (as of March 18, 2021). No figures are available for that period. Online sportsbooks launched on March 11, 2024. The state taxes operators 18% of their adjusted gross revenue.

All-Time Revenue: 171,747,886

2024 Revenue: 171,747. 886

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$643,653,645	$105,251,673	$15,787,751
March 2024	$657,246,516	$66,496,213	$9,974,432

North Dakota

North Dakota sports betting has been legal since December 2021, but online sportsbooks are unavailable. The state’s federally recognized tribes offer sports betting on their reservations. At this time, three tribes have opened sportsbooks.

No sports betting revenue data is available.

Ohio

Ohio sports betting was signed into law on Dec. 23, 2021, and is regulated by the Ohio Casino Control Commission. Beginning on Jan. 1, 2023, both retail and online sportsbooks were available. This was the last day they could legally begin based on what was signed into law. Sportsbook operators are taxed 20% on their adjusted gross revenue.

All-Time Revenue: $1,177,777,857
2024 Revenue: $243,546,008

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$802,632,458	$113,367,294	$12,792,592
February 2024	$666,845,168	$66,374,384	$13,549,445
January 2024	$806,149,042	$63,804,330	$22,697,038

Gross Revenue in 2023

December 2023: $934,231,849
November 2023: $67,854,690
October 2023: $80,285,098
September 2023: $81,896,375
August 2023: $40,776,694
July 2023: $35,973,901
June 2023: $31,993,835
May 2023: $55,938,224
April 2023: $62,235,790
March 2023: $95,313,123
February 2023: $82,879,569
January 2023: $209,037,382

Oregon

Oregon sports betting began when PASPA was struck down because there were already laws to legalize the activity. The Oregon Lottery handles regulation and created the initial online sportsbook, ScoreBoard. The first retail location opened on Aug. 27, 2019, and the online sportsbook debuted on Oct. 16 that same year.

DraftKings took over as the exclusive online sportsbook option at the beginning of 2022. The monthly revenue record was set in January 2024—nearly $9.9 million.

All-Time Revenue: $210,998,004
2024 Revenue: $32,354,299

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$72,297,347	$7,370,254	$3,685,127
March 2024	$69,398,182	$7,298,922	$3,649,461
February 2024	$67,902,925	$7,786,241	$3,893,121
January 2024	$69,889,711	$9,898,882	$4,949,441

Gross Revenue (2019-23)

December 2023: $9,766,102
November 2023: $7,292,146
October 2023: $8,546,271
September 2023: $6,720,396
August 2023: $3,507,635
July 2023: $4,150,626
June 2023: $4,336,367
May 2023: $6,462,472
April 2023: $7,051,979
March 2023: $6,088,343
February 2023: $4,261,284
January 2023: $7,546,964
December 2022: $5,693,396
November 2022: $6,418,578
October 2022: $5,783,451
September 2022: $5,466,182
August 2022: $2,707,041
July 2022: $2,700,257
June 2022: $2,548,191
May 2022: $5,034,037
April 2022: $3,824,163
March 2022: $3,620,610
February 2022: $3,335,165
January 2022: $2,389,280
December 2021: $2,597,501
November 2021: $4,428,659
October 2021: $3,022,299
September 2021: $1,259,745
August 2021: $1,063,136
July 2021: $2,183,573
June 2021: $2,841,767
May 2021: $2,350,289
April 2021: $2,729,278
March 2021: $1,374,379
February 2021: $2,684,776
January 2021: $3,872,606
December 2020: $3,050,703
November 2020: $4,116,313
October 2020: $2,751,146
September 2020: $1,527,244
August 2020: $1,662,406
July 2020: $1,003,035
June 2020: $777,904
May 2020: $598,062
April 2020: $392,769
March 2020: $937,750
February 2020: $1,481,198
January 2020: $1,773,805
December 2019: $1,743,231
November 2019: $960,713
October 2019: $220,396

Pennsylvania

Pennsylvania sports betting was legalized on Oct. 31, 2017, and it is regulated by the Pennsylvania Gaming Control Board. During the next year and a half, the state saw the opening of retail sportsbooks (Nov. 15, 2018) and online sports betting apps (May 31, 2019).

State tax revenue is not as high as in New York, but it’s set at a hefty 34% with a 2% local tax. Gross revenue after promotions is taxed. Monthly revenue almost pushed beyond nine figures at the end of the last football season. The current record is just over $98.1 million, set on December 2023.

All-Time Revenue: $2,444,853,726
2024 Revenue: $270,873,388

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$646,061,065	$59,050,708	$15,268,504
March 2024	$800,718,332	$63,715,603	$16,409,365
February 2024	$661,740,812	$50,425,678	$10,890,946
January 2024	$858,152,503	$97,681,399	$25,172,653

Gross Revenue (2018-23)

December 2023: $98,097,732
November 2023: $49,147,979
October 2023: $73,631,197
September 2023: $66,109,574
August 2023: $30,614,565
July 2023: $39, 406, 353
June 2023: $33,866,725
May 2023: $57,533,744
April 2023: $51,786,464
March 2023: $66,465,774
February 2023: $62,214,502
January 2023: $57,982,069
December 2022: $71,238,770
November 2022: $69,997,949
October 2022: $61,519,576
September 2022: $75,319,093
August 2022: $42,185,145
July 2022: $33,226,517
June 2022: $22,889,554
May 2022: $47,828,553
April 2022: $49,083,331
March 2022: $48,512,264
February 2022: $22,160,553
January 2022: $53,403,655
December 2021: $37,953,474
November 2021: $84,921,693
October 2021: $42,282,405
September 2021: $48,113,670
August 2021: $25,315,958
July 2021: $27,482,519
June 2021: $42,495,332
May 2021: $37,419,313
April 2021: $36,033,727
March 2021: $41,029,269
February 2021: $33,171,120
January 2021: $49,305,268
December 2020: $45,344,348
November 2020: $48,500,443
October 2020: $47,834,647
September 2020: $18,278,779
August 2020: $27,593,677
July 2020: $13,651,865
June 2020: $7,959,790
May 2020: $5,918,697
April 2020: $3,202,680
March 2020: $8,606,120
February 2020: $11,432,097
January 2020: $31,580,803
December 2019: $17,459,091
November 2019: $20,570,772
October 2019: $19,116,777
September 2019: $19,334,816
August 2019: $9,887,738
July 2019: $5,074,431
June 2019: $3,126,380
May 2019: $2,861,852
April 2019: $4,221,482
March 2019: $5,519,340
February 2019: $1,946,817
January 2019: $2,607,215
December 2018: $2,007,592
November 2018: $508,997

Rhode Island

Rhode Island sports betting was legalized on June 22, 2018, and is overseen by the Rhode Island Lottery. The first sportsbook that launched in the state was a retail location (Bally’s Tiverton) on Nov. 26, 2018. Online sports betting began on Sept. 4, 2019. Only one online sportsbook is available, and it’s a collaboration between IGT and Caesars: Sportsbook Rhode Island. Taxes are based on a revenue-sharing model across the two companies and the state.

All-Time Revenue: $179,120,718
2024 Revenue: $7,888,264

Month	Betting Handle	Gross Revenue	Tax Revenue
February 2024	$38,758,578	$2,888,343	$1,473,055
January 2024	$44,808,686	$4,999,921	$2,549,960

Gross Revenue (2020-23)

December 2023: $4,147,010
November 2023: $3,413,200
October 2023: $4,545,634
September 2023: $3,472,089
August 2023: $1,365,807
July 2023: $1,896,983
June 2023: $1,783,530
May 2023: $3,898,405
April 2023: $3,009,679
March 2023: $3,968,567
February 2023: $3,612,113
January 2023: $5,164,799
December 2022: $6,189,316
November 2022: $4,862,856
October 2022: $6,156,914
September 2022: $6,361,823
August 2022: $3,000,421
July 2022: $2,872,076
June 2022: $2,352,896
May 2022: $2,336,733
April 2022: $2,632,134
March 2022: $3,738,223
February 2022: $3,566,393
January 2022: $5,228,277
December 2021: $1,177,717
November 2021: $6,703,144
October 2021: $3,608,570
September 2021: $ 4,012,295
August 2021:$1,129,859
July 2021: $3,263,276
June 2021: $3,666,029
May 2021: $2,772,910
April 2021: $3,166,532
March 2021: $3,976,140
February 2021: $1,55,824
January 2021: $3,717,199
December 2020: $2,533,090
November 2020: $6,281,321
October: 2020: $4,388,841
September 2020: $2,352,788
August 2020: $1,423,391
July 2020: $351,425
June 2020: $101,328
May 2020: $163,472
April 2020: $27,381
March 2020: $841,767
February 2020: $2,3223,432
January 2020: $3,279,241
December 2019: $2,571,755
November 2019: $2,745,137
October 2019: $2,457,137
September 2019: $2,516,059
August 2019: $851,788
July 2019: $827,579
June 2019: $2,149,999
May 2019: $899,165
April 2019: $1,970,110
March 2019: $1,548,230
February 2019: -$890,623
January 2019: $159,978
December 2018: $957,913
November 2018: $72,997

South Dakota

South Dakota sports betting became legal on March 19, 2021, and is regulated by the South Dakota Commission on Gaming. Months later, the first retail sports betting location opened on Sept. 9, 2021. Unfortunately, online sports betting is unavailable, and betting on apps is limited to the casino location. Sportsbook operators are taxed at 9% of their revenue.

All-Time Revenue: $2,283,590
2024 Revenue: $147,565

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$1,242,270	$91,215	$8,209
February 2024	$696,017	-$38,406	-$3,457
January 2024	$868,815	$94,756	$8,528

Tennessee

Tennessee sports betting is regulated by the Tennessee Sports Wagering Council. Sports betting was legalized in April 2019, and the first online sportsbook was available on Nov. 1, 2020. At this time, there are retail sports betting options. Until July 2023, a tax was collected by taking 20% of the adjusted gross revenue. Now, they take a 1.85% tax on the betting handle. Tennessee is the only state that taxes the operator’s handle.

All-Time Revenue: $1,267,505,143
2024 Revenue: $170,070,048

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$380,904,093	$38,090,409	$7,029,494
March 2024	$473,595,403	$47,359,540	$8,710,419
February 2024	$380,390,401	$38,039,040	$6,980,317
January 2024	$465,810,583	$46,581,058	$8,596,621

Gross Revenue (2020-23)

December 2023: $49,506,778
November 2023: $149,087,268
October 2023: $44,519,291
September 2023: $41,806,345
August 2023: $24,345,682
July 2023: $21,411,406
June 2023: $25,526,655
May 2023: $37,097,192
April 2023: $34,257,592
March 2023: $45,506,700
February 2023: 33,943,931
January 2023: $41,392,586
December 2022: $49,176,885
November 2022: $47,248,222
October 2022: $37,295,159
September 2022: $846,285,200
August 2022: $27,200,883
July 2022: $418,174,226
June 2022: $15,855,649
May 2022: $27,315,928
April 2022: $27,142,800
March 2022: $26,945,468
February 2022: $20,945,018
January 2022: $36,249,453
December 2021: $24,600,000
November 2021: $36,900,000
October 2021: $23,300,000
September 2021: $25,600,000
August 2021: $313,200,000
July 2021: $15,172,000
June 2021: $18,300,000
May 2021: $15,400,000
April 2021: $15,500,000
March 2021: $18,000,000
February 2021: $13,000,000
January 2021: $20,900,000
December 2020: $13,900,000
November 2020: $13,224,908

Vermont

Vermont sports betting was signed into law on June 15, 2023. A half-year later, online sportsbooks began on Jan. 11, 2024. The sports betting regulator is the Vermont Department of Liquor and Lottery. FanDuel has a 33% tax rate, while DraftKings and Fanatics have a 31% tax rate from the state. Retail sports betting is not currently available.

All-Time Revenue: $9,765,671

2024 Revenue: $9,765,672

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$14,109,291	$1,492,655	$879,524
March 2024	$19,935,678	$1,514,552	$870,688
February 2024	$21,249,830	$2,547,167	$1,463,748
January 2024	$19,913,914	$4,211,298	$2,293,406

Virginia

Virginia sports betting became legal on April 22, 2020, and is regulated by the Virginia Lottery. This state introduced online sports betting on Jan. 21, 2021. Eventually, the first retail sportsbook would open up on July 8, 2022. Virginia taxes sportsbook operators at 15% on adjusted gross revenue.

All-Time Revenue: $1,498,750,823
2024 Revenue: $171,747,672

Month	Betting Handle	Gross Revenue	Tax Revenue
March 2024	$635,593,137	$47,694,659	$6,251,083
February 2024	$540,138,289	$49,715,723	$6,342,927
January 2024	$652,879,750	$74,337,290	$9,932,122

Gross Revenue (2021-23)

December 2023: $63,607,011
November 2023: $43,003,244
October 2023: $63,996,952
September 2023: $54,081,414
August 2023: $24,345,682
July 2023: $32,471,396
June 2023: $32,668,024
May 2023: $48,144,550
April 2023: $45,121,878
March 2023: $55,258,910
February 2023: $39,766,908
January 2023: $49,393,812
December 2022: $50,687,278
November 2022: $57,531,255
October 2022: $51,164,199
September 2022: $53,821,382
August 2022: $36,978,897
July 2022: $26,024,408
June 2022: $25,965,182
May 2022: $42,537,524
April 2022: $36,275,264
March 2022: $33,700,016
February 2022: $27,498,133
January 2022: $39,050,067
December 2021: $31,515,015
November 2021: $48,337,037
October 2021: $30,160,385
September 2021: $30,929,243
August 2021: $17,967,427
July 2021: $19,965,556
June 2021: $22,006,296
May 2021: $23,173,549
April 2021: $19,442,317
March 2021: $26,573,877
February 2021: $12,238,780
January 2021: $3,586,077

Washington

Washington sports betting was signed into law on March 25, 2020. The state is limited to retail sports betting at tribal casinos, which began on Sept. 10, 2021. Sixteen casinos currently have sports betting, and some offer betting on an app within the area. There is no online sports betting available in the state. In addition, no sports betting revenue data is available.

West Virginia

West Virginia sports betting became legal on March 2, 2018, and it is regulated by the West Virginia Lottery. Initially, retail sports betting launched on Aug. 30, 2018 (and mobile on Dec. 27, 2018), but it was all shut down in early 2019 due to a contract dispute that impacted two casinos. Sports betting would resume later in the year. The state taxes 10% of adjusted gross revenue at sportsbooks.

All-Time Revenue: $215,176,776
2024 Revenue: $18,158,115

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$36,508,941	$3,729,072	$372,907
March 2024	$47,219,129	$4,411,150	$441,115
February 2024	$39,271,363	$3,545,481	$354,548
January 2024	$50,562,352	$6,472,412	$647,241

Gross Revenue (2018-23)

December 2023: $6,317,472
November 2023: $5,155,090
October 2023: $6,376,269
September 2023: $4,333,428
August 2023: $2,595,871
July 2023: $2,719,702
June 2023: $2,053,727
May 2023: $3,849,531
April 2023: $3,107,106
March 2023: $4,469,377
February 2023: $2,726,640
January 2023: $4,019,360
December 2022: $8,060,617
November 2022: $5,521,747
October 2022: $5,427,011
September 2022: $7,217,919
August 2022: $3,455,974
July 2022: $2,706,044
June 2022: $2,o66,930
May 2022: $3,748,227
April 2022: $3,067.780
March 2022: $3,117,541
February 2022: $1,904,490
January 2022: $4,528,101
December 2021: $5,159,229
November 2021: $6,983,136
October 2021: $3,160,579
September 2021:$6,128,575
August 2021:2,685,271
July 2021: $2,295,743
June 2021: $3,318,278
May 2021: $2,928,370
April 2021: $2,241,951
March 2021: $4,311,297
February 2021: $1,024,272
January 2021: $4,981,256
December 2020: $5,499,992
November 2020: $4,886,566
October: 2020: $3,950,324
September 2020: $4,129,595
August 2020: $2,294,328
July 2020: $1,522,249
June 2020: $541,0790
May 2020: $576,709
April 2020: $129,540
March 2020: $1,118,217
February 2020: -$397,120
January 2020: $3,035,253
December 2019: $2,709,565
November 2019: $1,884,367
October 2019: $3,197,821
September 2019: $4,119,457
August 2019: $1,536,864
July 2019: $694,934
June 2019: $425,216
May 2019: $719,098
April 2019: $699,185
March 2019: $1,818,636
February 2019: $228,286
January 2019: $1,400,944
December 2018: $2,396,963
November 2018: $1,207,363
October 2018: $854,974
September 2018: $1,967,318
August 2018: $196,945

Wisconsin

Wisconsin sports betting was first signed into law on July 1, 2021. However, legalization is done individually through each federally recognized tribe. Therefore, sports betting is available exclusively at tribal locations. As of Nov. 30, 2021, the activity became available at retail locations and online when patrons are at the sportsbooks.

No sports betting revenue data is available.

Wyoming

Wyoming sports betting is exclusively available online as of Sept. 1, 2021, and it is regulated by the Wyoming Gaming Commission. Four online sportsbooks are currently in operation within the state. The official legalization date of sports betting was April 5, 2021. The state taxes all sports betting operators 10% of their revenue.

All-Time Revenue: $43,921,103
2024 Revenue: $7,827,107

Month	Betting Handle	Gross Revenue	Tax Revenue
April 2024	$15,428,621	$1,499,242	$94,165
March 2024	$17,690,741	$1,718,721	$112,306
February 2024	$15,511,286	$1,946,594	$114,530
January 2024	$20,272,552	$2,662,550	$177,183

Gross Revenue (2021-23)

December 2023: $1,849,624
November 2023: $1,562,756
October 2023: $2,271,665
September 2023: $1,525,986
August 2023: $1,207,821
July 2023: $998,740
June 2023: $775,389
May 2023: $1,306,929
April 2023: $1,264,212
March 2023: $1,837,412
February 2023: $1,106,141
January 2023: $1,587,273
December 2022: $1,803,272
November 2022: $1,478,158
October 2022: $2,039,620
September 2022: $1,932,519
August 2022: $1,237,815
July 2022: $680,740
June 2022: $673,269
May 2022: $1,011,714
April 2022: $1,007,796
March 2022: $1,101,236
February 2022: $722,531
January 2022: $1,098,460
December 2021: $813,5054
November 2021: $1,363,696
October 2021: $881,200
September 2021: $954,416

All-Time US Sports Betting Revenue: 2018 to Present

Here, we look at the total annual national sports betting revenue since the federal ban was lifted in 2018.

Retail sportsbooks and sports betting apps have launched on a state-by-state basis according to the latest sports betting legislation in each market.

Year	Total National Revenue
2024	$3,100,166,172*
2023	$10,998,546,196
2022	$7,588,814,061
2021	$4,353,064,572
2020	$1,560,874,434
2019	$920,650,579
2018	$82,266,923

US Sports Betting Figures by Month

Here, we look at the total monthly sports betting revenue, handle, and taxes since the federal ban was lifted in 2018.

Month	Handle	Revenue	Taxes
June 2024	$8,644,017,765	$811,611,648	$175,608,681
May 2024	$11,051,283,117	$1,159,364,029	$247,842,140
April 2024	$12,075,789,487	$1,155,268,528	$236,093,802
March 2024	$9,568,079,449*	$746,671,510*	$164,201,001*
February 2024	$10,687,153,420*	$846,218,027*	$173,727,240*
January 2024	$12,327,968,934*	$1,284,680,804*	$269,436,091*
December 2023	$13,701,522,323	$1,323,068,645	$262,627,723
November 2023	$14,192,875,925	$913,454,781	$177,011,959
October 2023	$10,143,807,060	$964,220,925	$203,734,423
September 2023	$9,348,335,465	$909,473,555	$188,656,933
August 2023	$5,642,617,783	$530,134,760	$112,279,777
July 2023	$5,580,530,448	$583,583,382	$126,281331
June 2023	$6,611,079,471	$547,786,489	$115,294,997
May 2023	$6,434,220,642	$740,719,971	$161,695,250
April 2023	$9,096,204,901	$853,618,698	$169,088,943
March 2023	$11,268,329,964	$1,108,962,977	$207,931,767
February 2023	$9,013,936,358	$709,218,779	$134,586,256
January 2023	$11,495,826,573	$1,060,631,681	$189,560,366
December 2022	$10,053,933,645	$954,896,911	$174,547,144
November 2022	$10,020,250,696	$800,102,696	$173,637,791
October 2022	$9,732,010,490	$843,050,018	$170,311,993
September 2022	$7,923,293,696	$933,273,577	$175,099,730
August 2022	$4,909,529,483	$527,035,480	$109,743,026
July 2022	$4,533,090,868	$407,129,044	$84,842,813
June 2022	$5,480,948,489	$334,079,739	$71,011,885
May 2022	$6,686,988,033	$610,261,607	$122,646,968
April 2022	$7,476,187,515	$527,189,281	$111,579,996
March 2022	$8,988,870,452	$602,408,920	$108,074,314
February 2022	$7,615,995,316	$372,188,722	$60,358,002
January 2022	$9,121,991,634	$578,456,672	$100,419,078
December 2021	$7,339,244,974	$381,002,482	$38,929,392
November 2021	$7,405,646,041	$725,367,326	$99,002,593
October 2021	$7,546,972,781	$448,627,693	$55,031,304
September 2021	$5,491,749,708	$450,808,836	$51,990,345
August 2021	$3,071,879,791	$224,622,673	$29,293,371
July 2021	$2,799,391,495	$268,126,230	$37,810,988
June 2021	$3,676,060,695	$335,906,085	$49,792,686
May 2021	$3,714,799,742	$273,387,615	$40,128,243
April 2021	$3,703,934,150	$283,202,902	$40,985,450
March 2021	$4,629,130,324	$357,366,025	$46,072,780
February 2021	$4,013,657,606	$225,993,459	$30,315,399
January 2021	$4,370,440,098	$378,653,248	$54,734,427
December 2020	$3,797,269,693	$277,472,250	$44,608,020
November 2020	$3,484,288,518	$309,007,013	$52,721,047
October 2020	$3,276,726,385	$291,317,909	$46,312,442
September 2020	$2,875,270,552	$156,615,169	$20,297,227
August 2020	$2,191,669,452	$129,761,682	$19,172,265
July 2020	$906,977,542	$72,384,321	$10,714,112
June 2020	$447,471,765	$29,732,415	$5,615,159
May 2020	$315,226,816	$25,350,115	$4,337,748
April 2020	$167,875,839	$9,762,318	$2,025,900
March 2020	$612,379,377	$35,297,033	$6,971,328
February 2020	$1,731,395,665	$84,328,330	$10,269,809
January 2020	$1,800,052,757	$139,845,880	$24,031,829
December 2019	$1,870,346,374	$114,143,414	$17,343,390
November 2019	$1,877,044,887	$113,770,997	$18,117,771
October 2019	$1,559,104,891	$155,108,642	$22,455,266
September 2019	$1,381,692,847	$143,317,497	$21,232,130
August 2019	$750,692,735	$62,738,953	$8,243,580
July 2019	$581,017,296	$37,075,760	$5,068,934
June 2019	$685,786,299	$34,150,011	$4,727,521
May 2019	$724,074,602	$32,939,800	$4,843,870
April 2019	$731,628,959	$52,524,099	$7,496,899
March 2019	$1,095,599,580	$79,856,363	$10,746,670
February 2019	$881,756,490	$51,972,715	$4,515,655
January 2019	$1,002,092,655	$43,052,327	$6,529,559
December 2018	$990,933,059	$82,266,923	$11,262,831
November 2018	$996,071,884	$54,349,323	$6,272,898
October 2018	$854,014,077	$45,832,391	$5,217,752
September 2018	$817,681,310	$95,358,434	$12,245,073
August 2018	$359,275,692	$23,625,881	$2,524,419
July 2018	$294,006,820	$8,433,994	$926,804
June 2018	$309,695,659	$24,630,915	$2,221,650
* Incomplete

US Sports Betting Records & Milestones

This is a collection of firsts and bests since legal sports betting became a national possibility in 2018 when the US Supreme Court nullified the Professional and Amateur Sports Protection Act.

Firsts:

National handle of at least $1 billion in a month: January 2019 ($1,002,092,655)
National revenue of at least $1 billion in a month: January 2023 ($1,059,999,963)
First state handle of at least $1 billion in a month: September 2021, New Jersey ($1,011,114,311)
First mobile sportsbook to record $1 billion in one state: FanDuel, May 2023 (73 weeks)

Bests:

Highest national handle in a month: $14,192,875,925 (November 2023)
Highest national revenue in a month: $1,284,680,804 (January 2024)
Highest state handle in a month: $2,122,331,713 (New York – November 2023)
Highest state revenue in a month: $211,706,706 (New York – January 2024)

Sports Betting Revenue Terminology

Revenue

Sports betting revenue refers to the money the sportsbook operator makes from wagering activity. Revenue amounts are most commonly distributed in gross amounts, adjustments made after promotional spending, and the amount after taxes.

Handle

The amount of money spent on bets is referred to as the betting handle. Sportsbooks add up the amount placed on wagers and provide that data in weekly and/or monthly increments, depending on the state. Analyzing the handle can determine a particular sports betting operator’s market share.

Tax Rates

Every state sets a specific sports betting tax rate that operators pay. This amount can vary wildly across the United States. For example, New York has a 51% rate on operator revenue, which is the highest in the country. In comparison, Tennessee has the lowest at 1.85%, but the state taxes the sports betting handle, which is a larger figure than revenue.

Tax Revenue

The amount of money that the state receives from sports betting is the tax revenue. Looking at New York again, the state received $862 million in tax revenue from 2023 online sports betting activities. The Empire State is responsible for approximately 37% of sports betting tax revenue.

Top US Sports Betting Operators Since 2018

The Nevada Gaming Control Board does not release handle and revenue information for individual sportsbooks.

	Handle	Market Share	Revenue
Nevada unspecified	$92,679,131,134	27%	$7,139,299,994
FanDuel	$90,108,023,944	26%	$8,860,259,292
DraftKings	$76,245,034,369	22%	$6,141,782,038
BetMGM	$19,604,815,599	5.7%	$1,696,979,788
Caesars	$17,046,394,763	4.9%	$1,115,061,852
BetRivers	$8,768,519,988	2.5%	$667,306,816
Barstool	$7,304,857,347	2.1%	$522,074,519
PointsBet	$5,976,989,604	1.7%	$457,673,552
William Hill	$2,934,203,604	.9%	$231,778,313
PlaySugarHouse	$2,434,275,974	.7%	$177,936,877

The primacy of Nevada sportsbooks in national market share has lessened every year as legal sports betting spreads to more states. It’s somewhat of an unfair comparison but is listed here for informational purposes.

It is possible that this Nevada coalition will no longer top this list by 2024.

US Sports Betting Revenue FAQ

What states have mobile sports betting?

Thirty-four US jurisdictions have legalized and launched mobile/online sports betting apps.

They include:

What states have the highest betting revenue?

New York, because of its massive population and rabidly followed professional sports teams, has become the national leader in sports betting revenue and handle. In 2023, New York led all states with $1.6 billion in revenue. New Jersey was the only other state in the billion-dollar club.

As heavily populated states, Michigan, Ohio, and Illinois also logically pace the US in sports betting handle and revenue.

How big of an industry is sports betting?

The sports betting industry is massive. A new report seemingly comes out every week underscoring this fact. The scale of numbers thrown around and the varying length of time discussed in these projections can make for tough comparisons.

But it’s huge.

According to Vantage Market Research, “the global Sports Betting Market was valued at $74.2 billion in 2021 and is expected to reach $129.3 billion by 2028, registering a CAGR of 9.7% during the forecast period of 2022-2028.”

The U.S. sports betting industry in 2023 arnered $10.92 billion in revenue, according to the American Gaming Association.

What is the most bet on sport in the US?

Basketball is the most bet-on sport in the US. Although the NFL is the most lucrative betting market in the US, and in keeping with its popularity among fans, basketball, combining both the NBA and NCAA is the most bet-upon at around 35% of the market share.

Some of this is likely attributable to the fact that there are many more basketball games than football games, contributing to a larger handle or amount wagered on the sport.

The Super Bowl remains the king of kings as far as a single event, but the NCAA basketball tournament is a competitive second.

How much do sportsbooks pay in taxes?

This varies by state and often by whether a mobile/online or retail bet is being taxed. Mobile bets are generally taxed at a much higher rate.

New York has the highest tax rate for sportsbooks, which has been a source of consternation for the national brands operating there from the beginning. Still, these companies can’t afford not to compete in the most lucrative sports betting market in the United States.

New York taxes sportsbook operators at 51% on mobile bets and 10% on those made in retail sportsbooks.

Pennsylvania taxes at 34% and 2%, by comparison.

Meanwhile, Virginia taxes all bets the same: 15%.

Is sports betting a billion-dollar industry?

Yes, sports betting is a billion-dollar industry. In 2023, $119.84 billion was wagered with legal American sportsbooks.

That produced $10.92 billion in revenue in the states that report gambling figures to the public. This generated $2.5 billion in state and local taxes.

By any measure, US sports betting is a billion-dollar industry.

Do states make money from online gambling?

Yes, states make substantial tax revenue from online gambling. Since 2018, states have taken in $4.3 billion in state and local taxes from mobile/online sports betting.

In many states, wagering on phones and computers constitutes more than 90% of sports betting activity.

About the Author

Carson Mundy

Brand Content Manager

Carson Mundy is the brand content manager of Gaming Today. With a background in politics, sports, and SEO, he covers the legislative side of the sports betting industry. Carson has more than a decade of experience in the media and marketing industries, with time spent at resulta, The Canadian Press, Microsoft News, The Canadian Olympic Media Broadcast Consortium, Sportsnet, and other national outlets.

US Sports Betting Revenue & Handle Tracker by State: 2018–2024

US Sports Betting Revenue Totals For 2024:

$3,656,538,970 (through March/April reporting states)

Sports Betting Revenue By State

All-Time US Sports Betting Revenue: 2018 to Present

US Sports Betting Figures by Month

US Sports Betting Records & Milestones

Firsts:

Bests:

Sports Betting Revenue Terminology

Top US Sports Betting Operators Since 2018

US Sports Betting Revenue FAQ

About the Author

Carson Mundy

Brand Content Manager