US Sports Betting Revenue & Handle Tracker by State
Legal US sportsbooks have taken roughly $695 billion in bets since the federal ban fell in May 2018, keeping more than $63 billion as revenue and sending close to $13 billion to state treasuries. This tracker shows where that money comes from, which markets are growing, and how much each state keeps in taxes.
Figures reflect the most recent state reports available as of October 2026. States release numbers on their own schedules, usually three to eight weeks after a month closes, so the latest month listed differs from one market to the next.
Latest Monthly Sports Betting Revenue by State
Here is the newest monthly report from each of the biggest regulated markets, sorted by handle. Hold is the share of wagers the sportsbooks kept, which is the quickest way to tell whether a soft revenue month came from fewer bets or from bettors simply winning more.
| State | Latest month | Handle | Revenue | Hold |
|---|---|---|---|---|
| 📊 New York | August 2026 | $1.73 billion | $168.5 million | 9.7% |
| 📊 New Jersey | September 2026 | $1.09 billion | $77.0 million | 7.1% |
| 📊 Illinois | July 2026 | $1.05 billion | $116.5 million | 11.1% |
| 📊 Pennsylvania | September 2026 | $798.7 million | $44.7 million | 5.6% |
| 📊 Ohio | August 2026 | $637.6 million | $58.3 million | 9.1% |
| 📊 Arizona | July 2026 | $598.3 million | $66.7 million | 11.1% |
| 📊 Massachusetts | August 2026 | $571.2 million | $47.1 million | 8.2% |
| 📊 Michigan | September 2026 | $544.8 million | $55.5 million | 10.2% |
| 📊 North Carolina | August 2026 | $520.5 million | $49.0 million | 9.4% |
| 📊 Colorado | July 2026 | $485.0 million | $46.8 million | 9.6% |
| 📊 Connecticut | August 2026 | $150.8 million | $13.0 million | 8.6% |
| 📊 Arkansas | August 2026 | $54.7 million | $5.4 million | 9.9% |
| 📊 Washington, DC | August 2026 | $53.8 million | $4.6 million | 8.5% |
The early fall reports tell a familiar story. Football season pushed handle back up after a slow summer, but several states, including New Jersey and Pennsylvania, posted single-digit holds as favorites covered and bettors cashed big parlays. Pennsylvania still grew revenue more than 50% year over year in September because its September 2025 hold was even worse.
Michigan revenue above is gross sports betting receipts before promotional deductions. Massachusetts reports taxable revenue, which already excludes some promos. Each state defines revenue a little differently, so compare trends within a state before comparing one state to another.
US Sports Betting Handle & Revenue by Year
Every year since 2018 has set a new high for both handle and revenue. The growth curve has flattened as the big launches slowed, but sportsbooks are keeping a bigger slice of each dollar thanks to parlays and same-game parlays, which carry a much higher built-in edge than straight bets.
| Year | Handle | Revenue | Hold | State taxes |
|---|---|---|---|---|
| 📅 2018 (June to Dec.) | $4.62 billion | $334.5 million | 7.2% | $43.3 million |
| 📅 2019 | $13.14 billion | $920.7 million | 7.0% | $137.9 million |
| 📅 2020 | $21.75 billion | $1.56 billion | 7.2% | $254.6 million |
| 📅 2021 | $57.75 billion | $4.35 billion | 7.5% | $583.0 million |
| 📅 2022 | $93.71 billion | $7.59 billion | 8.1% | $1.53 billion |
| 📅 2023 | $121.10 billion | $11.03 billion | 9.1% | $2.15 billion |
| 📅 2024 | $149.67 billion | $13.66 billion | 9.1% | $2.84 billion |
| 📅 2025 | $166.28 billion | $16.75 billion | 10.1% | $3.74 billion |
| 📅 2026 (Jan. to May) | $67.14 billion | $6.86 billion | 10.2% | $1.56 billion |
The American Gaming Association put 2025 sports betting revenue at a record $17 billion, up 22.8% from 2024, on $166.9 billion in handle. Sports betting taxes rose 32.4% to $3.71 billion, helped by rate hikes in Illinois, Maryland, New Jersey, Louisiana and elsewhere. Read the full AGA 2025 commercial gaming revenue report.
The 2026 row runs through May, the last month with complete reporting from every state. Handle has started to flatten in some mature markets, with New Jersey and Pennsylvania both reporting fewer dollars wagered in September 2026 than a year earlier.
All-Time Sports Betting Revenue by State
New York has dominated the legal market since mobile wagering went live there in January 2022. Its 51% tax rate means it has also collected more in taxes, close to $4.5 billion, than the next three states combined. The table below covers every state that publishes regular results, ranked by total handle since launch. Click any state for a full guide to its legal sports betting options.
| State | Launched | Online tax rate | Total handle | Total revenue | Total taxes |
|---|---|---|---|---|---|
| 🏛️ New York | Jan. 2022 | 51% | $95.98 billion | $8.80 billion | $4.48 billion |
| 🏛️ New Jersey | June 2018 | 19.75% online, 8.5% retail | $75.45 billion | $6.10 billion | $926.9 million |
| 🏛️ Illinois | March 2020 | 20% to 40% graduated, plus per-bet fee | $64.74 billion | $5.59 billion | $1.34 billion |
| 🏛️ Nevada | 1949 | 6.75% | $56.90 billion | $3.47 billion | $234.4 million |
| 🏛️ Pennsylvania | Nov. 2018 | 36% plus 2% local | $47.20 billion | $4.20 billion | $1.03 billion |
| 🏛️ Arizona | Sept. 2021 | 10% online, 8% retail | $34.66 billion | $3.05 billion | $186.5 million |
| 🏛️ Virginia | Jan. 2021 | 15% | $31.47 billion | $3.20 billion | $408.7 million |
| 🏛️ Colorado | May 2020 | 10% | $31.13 billion | $2.38 billion | $159.2 million |
| 🏛️ Ohio | Jan. 2023 | 20% | $30.86 billion | $3.31 billion | $611.1 million |
| 🏛️ Indiana | Sept. 2019 | 9.5% | $28.17 billion | $2.57 billion | $244.4 million |
| 🏛️ Michigan | March 2020 | 8.4% | $27.10 billion | $2.64 billion | $135.0 million |
| 🏛️ Tennessee | Nov. 2020 | 1.85% of handle | $24.76 billion | $2.40 billion | $447.0 million |
| 🏛️ Massachusetts | Jan. 2023 | 20% online, 15% retail | $24.36 billion | $2.40 billion | $467.0 million |
| 🏛️ Maryland | Dec. 2021 | 20% | $21.05 billion | $2.42 billion | $302.1 million |
| 🏛️ North Carolina | March 2024 | 18% | $15.80 billion | $1.66 billion | $299.2 million |
| 🏛️ Louisiana | Nov. 2021 | 21.5% online, 10% retail | $14.95 billion | $1.85 billion | $280.2 million |
| 🏛️ Iowa | Aug. 2019 | 6.75% | $14.42 billion | $1.16 billion | $78.1 million |
| 🏛️ Kansas | Sept. 2022 | 10% | $9.24 billion | $873.3 million | $51.2 million |
| 🏛️ Connecticut | Oct. 2021 | 13.75% | $9.19 billion | $973.3 million | $105.8 million |
| 🏛️ Kentucky | Sept. 2023 | 14.25% online, 9.75% retail | $7.59 billion | $840.1 million | $116.2 million |
| 🏛️ New Hampshire | Dec. 2019 | Revenue share (about 51%) | $4.76 billion | $443.3 million | $197.3 million |
| 🏛️ Oregon | Aug. 2019 | Lottery revenue share | $3.95 billion | $436.0 million | $218.0 million |
| 🏛️ West Virginia | Aug. 2018 | 10% | $3.47 billion | $336.0 million | $76.4 million |
| 🏛️ Mississippi | Aug. 2018 | 12% (retail only) | $3.45 billion | $386.9 million | $46.4 million |
| 🏛️ Rhode Island | Nov. 2018 | 51% state share | $3.17 billion | $269.1 million | $137.2 million |
| 🏛️ Washington, DC | May 2020 | Lottery plus licensed books | $2.35 billion | $268.8 million | $68.5 million |
| 🏛️ Arkansas | July 2019 | 13% to 20% | $2.31 billion | $185.2 million | $27.1 million |
| 🏛️ Missouri | Dec. 2025 | 10% | $2.06 billion | $285.4 million | $8.2 million |
| 🏛️ Maine | Nov. 2023 | 10% | $1.45 billion | $156.4 million | $15.9 million |
| 🏛️ Delaware | June 2018 | State-run revenue share | $1.17 billion | $166.8 million | $100.0 million |
| 🏛️ Wyoming | Sept. 2021 | 10% | $905.6 million | $96.4 million | $6.0 million |
| 🏛️ Vermont | Jan. 2024 | Revenue share (about one-third) | $536.5 million | $59.0 million | $17.1 million |
| 🏛️ Montana | March 2020 | Lottery-run | $343.6 million | $45.0 million | $6.4 million |
| 🏛️ Nebraska | June 2023 | 20% (retail only) | $203.3 million | $19.7 million | $4.0 million |
| 🏛️ South Dakota | Sept. 2021 | 9% (retail only) | $43.5 million | $4.3 million | $0.4 million |
Launch dates are the first legal wager in each state. Tax rates reflect the current rate on online wagering where it exists, and several states have raised rates since launch, so older months were taxed at lower levels. Totals run through each state’s most recent report included in our spring 2026 data pull.
States That Do Not Publish Sports Betting Revenue
A handful of legal markets run sports betting through tribal casinos under compacts that do not require monthly public reporting. That means no handle or revenue figures to track, even though wagering is live.
- Florida: The Seminole Tribe runs Hard Rock Bet statewide and shares revenue with the state under its compact, but it does not release monthly sportsbook results.
- Washington: Sports betting is limited to tribal casinos, and no statewide handle figures are published.
- Wisconsin, New Mexico and North Dakota: Retail wagering is offered at select tribal properties with no public monthly reporting.
California, Texas, Georgia, Minnesota, Alabama, South Carolina, Utah, Idaho, Hawaii, Alaska and Oklahoma still have no legal sportsbooks. Some residents in those states use prediction markets such as Polymarket, Kalshi and Underdog Predict for sports event contracts, which are regulated federally and do not show up in state revenue reports.
How to Read a Sports Betting Revenue Report
State reports use a few terms that sound similar but measure very different things. Here is what each one means:
- Handle: The total amount wagered. A $50 bet adds $50 to handle whether it wins or loses.
- Gross gaming revenue (GGR): What the sportsbooks keep after paying winning bets. This is the headline revenue number in most states.
- Hold: Revenue divided by handle. In recent years, national hold has landed between 8% and 11% across a full year, but a single month can swing well outside that range.
- Adjusted or taxable revenue: GGR minus deductions the state allows, most often promotional credits like bonus bets. This is the figure the tax rate applies to in states that permit deductions.
- Promotional deductions: The value of bonus bets and other promos written off against revenue. Several states have limited or eliminated these deductions to collect more tax.
What Moves Sports Betting Revenue Month to Month
Football drives the calendar. Handle typically peaks from October through January, with the NFL regular season, college football and the start of the NBA season all overlapping. You can follow the current lines on our NFL odds and NBA odds pages. March Madness gives spring a bump, and summer is the slowest stretch, propped up mostly by MLB and the occasional major event like the 2026 World Cup.
Hold is the wild card. When favorites win and popular parlays hit, sportsbooks can post a terrible month on strong handle, as several states saw in September 2026. Those swings tend to even out over a full year, which is why annual numbers are a better gauge of a market’s health than any single month.
Tax policy also matters more than ever. Illinois added a per-wager fee in 2025, and Maryland, New Jersey and Louisiana raised their rates the same year. Higher rates lift state collections but can push operators to trim promotions, which in turn can slow handle growth.
Sports Betting Revenue FAQ
New York leads every state in handle, revenue and taxes. Since mobile betting launched in January 2022, New York sportsbooks have taken nearly $96 billion in wagers and kept about $8.8 billion in revenue.
Legal US sportsbooks generated a record $17 billion in revenue in 2025 on about $166.9 billion in handle, according to the American Gaming Association. Both figures were all-time highs.
States collected about $3.7 billion in sports betting taxes in 2025, and close to $13 billion since 2018. Rates range from 6.75% in states like Iowa and Nevada to 51% in New York, New Hampshire and Rhode Island.
Across a full year, most US markets land between 8% and 11%. Hold has climbed over time as bettors shift toward parlays, which carry a bigger house edge than single bets.
Each state regulator publishes on its own timeline. Some, like Pennsylvania and New Jersey, report within a few weeks of month end, while others take two months or more.
No. Sports event contracts on platforms like Polymarket, Kalshi and Underdog Predict are overseen by the Commodity Futures Trading Commission, not state gaming regulators, so their volume is not included in state handle or revenue reports.
