The American Gaming Association reported that US gambling industry gross revenue reached $78.717bn in 2025, up 9.2% year on year. Sports betting revenue rose 22.8% to $16.960bn, while iGaming revenue increased 27.6% to $10.740bn. State tax contributions reached $18.090bn, up 15.1% from 2024.
The figures show operators and investors how US gambling revenue and tax contributions changed across major segments in 2025.
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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.
Reportedly, Tribal leaders and the American Gaming Association described closer coordination against prediction markets at G2E in Las Vegas. California Nations Indian Gaming Association is also organising a coalition ahead of a possible 2028 online sports betting initiative.
At the Las Vegas edition of G2E, the American Gaming Association and tribal leaders voiced a more unified pushback against prediction markets, and they singled out California as a central battleground. A Main Stage panel contended that sports event contracts from firms like Kalshi take revenue away from states and tribes and should not be accepted as legal substitutes for gambling.
Casino executives and the American Gaming Association increased their criticism of prediction markets at G2E in Las Vegas on Tuesday. The report also described mounting scrutiny from courts, Congress and regulators.
The Texas Senate State Affairs Committee heard testimony on whether the state could limit prediction-market platforms offering sports event contracts, according to the reported account. American Gaming Association vice-president Tres York urged legal action against the operators, while Kalshi legal and compliance head Robert DeNault argued that advertising limits, risk disclosures and protections for younger customers could address concerns without a ban.