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

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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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

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

MonthBetting HandleGross RevenueTax 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 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax Revenue
May 2024$182,461,326.32$16,697,596.40$1,122,675.17
April 2024$209,522,911$16,527,342$1,120,126
March 2024$272,366,214$18,194,914$1,235,155
February 2024$220,583,732$13,608,943$920,400

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 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

MonthBetting HandleGross RevenueTax 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

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-revenue

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

MonthBetting HandleGross RevenueTax 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

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 sports betting revenue tracker

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

MonthBetting HandleGross RevenueTax 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 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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 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

MonthBetting HandleGross RevenueTax 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-sports-betting-revenue

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

MonthBetting HandleGross RevenueTax 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 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 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

MonthBetting HandleGross RevenueTax 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 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 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

MonthBetting HandleGross RevenueTax 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.

YearTotal 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.

MonthHandleRevenueTaxes
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

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.

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.

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.

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 ShareRevenue
Nevada unspecified$92,679,131,13427%$7,139,299,994
FanDuel$90,108,023,94426%$8,860,259,292
DraftKings$76,245,034,36922%$6,141,782,038
BetMGM$19,604,815,5995.7%$1,696,979,788
Caesars$17,046,394,7634.9%$1,115,061,852
BetRivers$8,768,519,9882.5%$667,306,816
Barstool$7,304,857,3472.1%$522,074,519
PointsBet$5,976,989,6041.7%$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

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.

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.

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.

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%.

 

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.

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

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.

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