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US online casino revenue sets record in March, topping $900 million

admin by admin
May 5, 2025
in U.S. News
0
dice

<p>The old adage is “records are meant to be brokenâ€, but when it comes to March and <a href=”https://www.casinoreports.com/online-casino-market-data-stats/” target=”_blank” rel=”noreferrer noopener”>online casino revenue</a>, the word to use is not “broken†but “smashedâ€.</p>

<p>Operators in the seven US states with <a href=”https://igamingbusiness.com/gaming/online-casino/new-igaming-in-us-in-2025-probably-not/” target=”_blank” rel=”noreferrer noopener”>regulated digital casino platforms</a> combined to generate a whopping $905.6 million in gross revenue, a robust 26.2% increase from last year.</p>

<p>March is a month when most operators will cross-promote online casino play with <a href=”https://www.casinoreports.com/us-sports-betting-market-stats-database/” target=”_blank” rel=”noreferrer noopener”>mobile sports wagering</a>. The NCAA Tournament draws newer and more casual sports bettors as the largest annual sports betting event in the US that spans multiple weeks, attracting a wider audience that can potentially be introduced to other gaming verticals.</p>

<p>All seven states reported year-over-year increases of 20% or higher in gross or adjusted gross revenue and all seven set a monthly all-time high in either or both categories. <a href=”https://www.casinoreports.com/pennsylvania-casino-revenue-march-2025/” target=”_blank” rel=”noreferrer noopener”>Pennsylvania</a> platforms even flirted with $300 million in gross winnings, a figure arguably inconceivable at the end of 2023, when it first reached $200 million.</p>

<p>The other big beneficiaries of this revenue boom were state governments, which saw a collective $177.1 million reach their coffers in March from $827.6 million in adjusted gross revenue. That figure does not include receipts disbursed below the state level and was a $41.1 million increase compared to last year.</p>

<h2 class=”wp-block-heading” id=”h-the-small-4-pull-their-weight-too”>The ‘Small 4’ pull their weight, too</h2>

<p>Much was rightly made about the Keystone State, <a href=”https://www.casinoreports.com/michigan-internet-casino-revenue-march-2025/” target=”_blank” rel=”noreferrer noopener”>Michigan</a> and <a href=”https://www.casinoreports.com/new-jersey-march-2025-internet-revenue/” target=”_blank” rel=”noreferrer noopener”>New Jersey</a> all setting all-time monthly highs for operator revenue as all three topped $240 million gross and $235 million AGR. Pennsylvania platforms grossed $291.6 million while its $238.2 million AGR was more than the $230.6 million it grossed in March 2024.</p>

<p>It is tough to reach a national record, however, without similar growth across the other four states.</p>

<p>Read <a href=”https://www.casinoreports.com/online-casino-revenue-march-2025/” target=”_blank” rel=”noreferrer noopener”>the full story here</a>.</p>

<p class=”has-small-font-size”><a href=”https://www.casinoreports.com” target=”_blank” rel=”noreferrer noopener”>Casino Reports</a> is an independently-owned publication dedicated to covering the regulated US online<br>casino/igaming industry, with news, features and original reporting on industry happenings, business, legislation, regulations and more.</p>

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