In 2024, the American sports betting industry achieved a record revenue of $13.71 billion, a significant rise from 2023’s $11.04 billion. According to the American Gaming Association (AGA), nearly $150 billion was wagered, showcasing a 22.2% increase compared to the previous year. The fourth quarter of 2024 marked a particularly profitable period, generating $3.66 billion. As more states legalize sports betting, the industry is evolving, with an escalating share of revenue coming from online platforms, which contributed to the reshaped revenue landscape.
The American sports betting industry saw record revenues of $13.71 billion in 2024, demonstrating continued growth and normalization of sports betting across the nation.
The AGA noted a transition to digital platforms, with 30% of all commercial gaming revenue now coming from online sources, driving the industry's evolution.
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