US commercial gaming revenue reached $72bn in 2024, up 7.5% from 2023, according to an American Gaming Association report. The association said 28 of 38 states set annual records, while state and local gaming tax revenue rose 8.5% to $15.9bn.
The figures show the scale of commercial gaming revenue and tax contributions across US state markets.
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New York sports bettors wagered more than $2.4bn in September, up 5% from September 2025, according to the New York State Gaming Commission. Handle for the first six months of the state's 2026/2027 fiscal year reached nearly $12.6bn, up 6.9% year on year, while sportsbook revenue fell 5.8% to $1.1bn. Prediction-market platforms dispute the gaming industry's claim that their trading diverts business from state-regulated sportsbooks.
New York sports bettors wagered more than $2.4bn in September, the New York State Gaming Commission reported. That was 5% more than in September 2025, an increase of nearly $114m in wagers.
US Senator Ted Cruz is preparing legislation that would give state and tribal governments authority over sports-related contracts offered by prediction markets, citing Bloomberg Law. Cruz intends to file the bill after the 3 November midterm elections. The measure would bar operators from offering contracts linked to gambling activities, including sports betting, without approval from the relevant state or tribal government.
A bill granting state and tribal governments say over sports contracts sold by prediction markets is being drafted by US Senator Ted Cruz, Bloomberg Law reported. He plans to introduce it once the November 3 midterm elections are over. As of now, the text is absent from Congress' website.
US commercial gaming revenue fell 0.6% year on year to $6.48bn in August, according to American Gaming Association figures. Sports betting revenue dropped 15.6% to $1bn, while iGaming rose 12.3% to $1.03bn and traditional casino gaming gained 0.9% to $4.44bn.
Figures from the American Gaming Association, put US commercial gaming revenue at $6.48bn in August, a 0.6% decrease compared with the same month a year earlier. According to the association's Revenue Tracker, a 15.6% fall in sports betting revenue more than offset gains made by traditional casino gaming and iGaming.
Pennsylvania businesses and nonprofits were required to remove skill-game terminals by Wednesday after lawmakers failed to agree on regulation, according to reports. The state Supreme Court ruled in June that the machines count as slot machines and are unlawful without licences, then gave lawmakers 120 days to establish a regulatory system. State police warned that remaining terminals could be seized and owners prosecuted.
The American Gaming Association filed a brief supporting New Jersey’s request for US Supreme Court review of restrictions on state enforcement against Kalshi. The court has yet to accept the case, which concerns whether federal commodities legislation displaces state powers over contracts tied to sporting outcomes.