AGA: US Gaming Revenue Set a New Record in May  

The American Gaming Association (AGA) has published its Commercial Gaming Revenue Tracker, providing insights into the performance of the US casino industry in May. While the AGA has yet to release the exact sports betting figures, the overall gaming revenue continued to grow.

All But Two States Reported GGR Increases

The data compiled by the AGA shows that the revenue from casinos, online gaming and sports betting in May reached $6.73 billion. This figure is equivalent to a 10.90% year-on-year growth and has set a new record. On a year-to-date basis, GGR increased by 7.1% to $31.89 billion.

In May, America’s casinos, online casinos, and sportsbooks reported revenues of $4.45 billion, $899.8 million, and $1.37 billion, respectively. While iGaming continued to lag behind due to its limited availability, it demonstrated the highest year-on-year growth (33%) out of all verticals. The revenues of traditional casinos and sportsbooks, meanwhile, reflect growth of $3.9% and 24.1%, respectively.

On a year-to-date basis, traditional GGR increased by 1.8% to $21.06 billion. Sports betting GGR stood at $6.5 billion, up 13.1%. iGaming GGR, on the other hand, reached $4.29 billion, up 29.5% YOY.

The AGA said that the favorable metrics reflected growth in gaming across most states, with Nevada and South Dakota as the only outliers where the total GGR declined.

Casinos and Sportsbooks Grew, iGaming Skyrocketed

The AGA further reported that traditional casino slot machines and table games generated revenue of $4.45 billion in May, up 3.9% YOY. At the same time, revenue from slots alone reached $3.24 billion, up 4.4% YOY, while revenue from table games alone increased 3.3% to $894.07 million. These figures, however, exclude data from Louisiana and Michigan, which do not report the two verticals separately.

On a YTD basis, revenue from traditional slots and table games reached $21.06 billion, up 1.8% YOY.

Sports bettors, meanwhile, wagered a total of $12.10 billion on sports, marking an increase of 15.5% YOY. The $1.37 billion in sports betting GGR was thanks to a hold rate of 11.3%.

iGaming, on the other hand, saw its revenues skyrocket as all seven states where it is available posted increases in revenue. In Delaware, Rhode Island and West Virginia, the iGaming revenue more than doubled in May 2025 compared to the prior year period.

In other news, the AGA recently commented on the OBBBA, expressing somewhat surprising optimism despite concerns from many industry stakeholders.