U.S. commercial gaming continues to thrive. In 2024, industry revenues soared to a record high of $71.92 billion, the American Gaming Association reported Wednesday in a news release.   That total includes revenue from traditional gaming (brick-and-mortar casino slots and table games), sports betting and iGaming (online casinos). Fourth consecutive record year for U.S. gaming revenue Last year’s $71.9 billion in U.S. commercial gaming revenue eclipsed the previous high of $66.5 billion in 2023 by 7.5 percent. That marked the industry’s fourth consecutive record revenue year, starting with 2021. The 2024 record was pushed over the finish line by another U.S. high-water mark: A single-quarter revenue record of $18.62 billion in Q4. “In 2024, Americans embraced the diverse legal gaming options available to them —whether in casinos, at sportsbooks, or online — leading to another record-setting year for our industry,” AGA president and CEO Bill Miller said in the release. Online gaming continues steady growth The AGA reports that online gaming accounted for nearly 30 percent of U.S. commercial gaming revenue in 2024, thanks to an annual record of $21.54 billion. In all, the three sectors — traditional gaming, sports betting and iGaming — all enjoyed record revenue years. Following is breakdown of each sector: > Traditional gaming: Generated a record revenue of $49.8 billion in 2024 with 12 out of 27 states hitting new revenue highs. > Sports betting: Nationwide regulated sports betting set a record with $13.71 billion — a full 25.4 percent increase from 2023’s previous record of $11.04 billion. > iGaming: Online casino revenue in the seven states with fully-regulated iGaming totaled $8.41 billion in 2024 — a 28.7 percent year-over-year increase. All six previously established iGaming markets posted annual revenue records. With gaming revenues up, state and local gaming tax revenues grew as well. Commercial gaming operators paid $15.66 billion in gaming taxes in 2024, a year-over-year increase of 8.5 percent. “The sustained growth of legal gaming is a win for our industry and the consumers and communities we serve,” Miller said in the AGA release. “Every dollar of gaming revenue fuels jobs, investment, and economic growth — reinforcing why the legal industry’s expansion is so important.” Sports betting rides record fall U.S. legalized sports betting’s record year was propelled by a strong performance over the fall sports calendar. It resulted in a record Q4, in fact, with $3.66 in revenue — up 7.3 percent from Q4 in 2023. With NFL and college football betting leading the way, Q4 has set quarterly sports betting revenue records in six consecutive years running. The states of New Jersey and Illinois enjoyed record years, each exceeding $1 billion in annual sports betting revenue for the first time.