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Sports Betting Financial Statistics: Official Reports

Fact checked by: Sergey Demidov
Published: Dec 11, 2024, 5:53 PMUpdated: Mar 3, 2026, 1:01 PM
13 min read
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The Only Data You Can Trust

Sports betting in the United States and Canada is a data-driven industry. Our statistics hub delivers verified numbers from official state and provincial regulators, the ONLY data sets in the market that come straight from government reporting, not estimates or scraped sources.

Sports betting in the U.S. and Canada is a data-driven industry, and this section reflects that reality. RG Stats brings together verified financials, market data, and industry reporting into one clear, usable view of the North American betting landscape.

The data spans U.S. states, Canadian provinces, licensed operators, brand owners, and broader market indicators. Where available, figures are grounded in official regulatory disclosures. Where regulators don’t publish certain metrics, we incorporate operator reporting, brand owner data, and aggregated market datasets.

The goal is simple: accuracy, comparability, and transparency.

RG Stats is designed for journalists, analysts, policymakers, and industry professionals who need numbers that hold up under scrutiny, not estimates and not scraped guesswork.

What we cover:

  • Market Growth & PerformanceYear-over-year and month-over-month trends across legal U.S. and Canadian markets.
  • Financial StatisticsHandle, revenue, hold, and tax data by state, province, operator, and time period.
  • Where Betting Is LegalClear visibility into active markets, regulatory structures, and jurisdictions in transition.
  • Betting Behavior & TrendsSport popularity, bettor engagement patterns, and demographic signals where data is available.
  • Operator & Brand InsightsMarket share shifts and performance indicators drawn from licensed operator and brand owner reports.

Recently Added

  • Operator Page: New hub page connecting readers to the financials of betting operators.
  • Ontario: Centralized reporting of Ontario’s regulated gambling activity, combining annual and monthly handle, revenue, active account counts, operator coverage, and growth tracking across the online gambling sector.
  • Alberta: Aggregated view of Alberta’s gambling activity, covering online and retail net sales, gaming net operating income, responsible gambling participation, and GameSense awareness indicators.
  • Manitoba: Consolidated MB gambling revenue report spanning casino and online gaming, lottery and VLT activity, and liquor and cannabis, including total provincial revenue and GST contributions.
  • Nova Scotia: Comprehensive financial breakdown of gambling and lottery activity in Nova Scotia, detailing total wagers, prizes paid, commercial revenue, charitable returns, and provincial revenue by category.
  • Missouri (coming January 2026): Baseline statistics page for Missouri’s newly launched sports betting industry, beginning with the first official handle, revenue, and tax report released in January.

Where Sports Betting & Casino Gambling is Legal in North America

Use our interactive map to see if gambling is legal where you live.

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Growth of U.S. Gambling Markets

Total

Track the growth of U.S. gambling markets across online sports betting, casinos, and lottery.

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US Sports Betting Statistics

Discover the latest data and trends shaping the U.S. sports betting market:

  • National and state-level revenue and handle data.
  • Monthly growth trends across legal states.
  • Demographics of U.S. bettors and their favorite sports.
  • A detailed breakdown of the most popular sports to bet on.

Dive into the numbers to explore how sports betting impacts the economy and fan engagement across the United States.

Discover U.S. Market Statistics

U.S. States Monthly Growth

Taxes

Track the monthly growth of U.S. states' handle, revenue, hold rate, and tax revenue. Figures reflect only states that release official monthly data.

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State Sports Betting Revenue Growth

Our statistics on U.S. states' sports betting come straight from the sources. Each state's official gaming commission provides monthly reports on its sports betting performance, and we have distilled that data into easy-to-understand charts.

Track Sports Betting Revenue (all legal states)
ArizonaArkansasColorado
ConnecticutDelawareFlorida (State data unavailable)
IllinoisIndianaIowa
KansasKentuckyLouisiana
MaineMarylandMassachusetts
MichiganMississippi Missouri
MontanaNebraskaNevada
North CarolinaNew HampshireNew Jersey
New Mexico (State data unavailable)New YorkNorth Dakota (State data unavailable)
Ohio OregonPennsylvania
Rhode IslandSouth Dakota Tennessee
VermontVirginiaWashington (State data unavailable)
Washington D.C.West VirginiaWyoming

Canada Sports Betting Statistics

Discover the latest data and trends shaping the Canadian gambling landscape:

  • National and provincial-level annual and monthly gambling GDP.
  • Regional popularity data showing where gambling activity is strongest.
  • A clear province-by-province breakdown of legality and regulatory status.

Examine the numbers to understand how gambling contributes to Canada’s economy and how engagement varies across regions.

Canada Sports Betting Stats

Annual GDP of Canada’s Gambling Industry In USD (US$)

Source: Statistics Canada, Table 36-10-0434-01 – Gross domestic product (GDP) at basic prices, by industry, monthly, industry detail (x 1,000,000). This dataset includes only Canadian-registered and provincially regulated operators; offshore or foreign-licensed platforms are excluded from official economic reporting.

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Global Sports Betting Markets

Revenue in the online sports betting market is expected to reach $45.43 billion in 2024, with a projected annual growth rate (CAGR 2024-2029) of 7.47%, resulting in a market volume of $65.14 billion by 2029.

Sports Betting Revenue in Europe

The European online sports betting market is also booming and is a major player in the global gaming industry. It’s expected to reach $17.14 billion in 2024, and with a compound annual growth rate (CAGR) of 4.97% between 2024 and 2029, it will reach $21.84 billion by 2029. User penetration will rise from 7.4% in 2024 to 8.9% in 2029, so the customer base will continue to grow in Europe’s regulated betting space.

Chart showing European Sports Betting Growth from 2024-2029

Sports Betting in Europe has been on an upward trajectory since legalization.

By 2029, the European market will have 45.2 million users, making it the biggest regional sports betting hub. The average revenue per user (ARPU) will be $460 annually, showing how engaged and how much European bettors spend. While Europe is a big player in the market, global comparisons show the US will generate the most revenue, $14.3 billion in 2024 alone. However, the European market’s steady growth and regulation will keep it relevant and competitive globally (Statista, 2024).

U.K. Sports Betting Revenue

Sports betting in the UK has been shaped by some pretty pivotal laws over the years. It all started in 1960 with the UK Betting and Gaming Act, which opened the door for off-course bookmakers. Before that, betting was limited to sports venues, street bookies, and football pools. Then, in 2005, the UK Gambling Act arrived. This one was big—it was a direct response to a surge of online gambling in the UK. The 2005 Act required online gambling companies to get licensed by a new body, the UK Gambling Commission, to operate in the UK.

A Chart showing UK sports betting projections from 2024-2029

U.K. sports betting revenue continues to rise with record numbers expected.

In 2024, the UK’s online sports betting market is projected to generate $4.56 billion in revenue, with a steady annual growth rate (CAGR) of 4.53%, reaching $5.69 billion by 2029. By then, the market will include 15.3 million users, up from 20.6% penetration in 2024 to 22.2% in 2029. The average revenue per user (ARPU) is $325.90, reflecting a mature market. 

Asia-Pacific Gaming Revenue

A chart showing Asia-Pacific Sports Betting Market Growth

It is the same trend in Asia-Pacific. Sports betting is on the up and up.

The Asia Pacific sports betting market is set to grow significantly, with projected revenue of $3.39 billion in 2024, increasing at a CAGR of 6.02% to reach $4.54 billion by 2029. The number of users is expected to rise to 29.6 million by 2029, with user penetration growing from 1.4% in 2024 to 1.7%. The average revenue per user (ARPU) is $150.60, reflecting steady engagement. Although it lags behind markets like the United States in total revenue, the Asia Pacific region remains a critical hub for the sports betting industry, with strong growth potential.

Latin America Sports Betting Growth

The gambling market in Latin America highlights the region's diverse regulatory landscape, with each country enforcing its rules for sports betting, lotteries, and casinos. Despite the complexities of this fragmented framework, the sector is experiencing substantial growth. The region's gross gaming revenue (GGR) reached approximately $1.3 billion in 2023 and is projected to rise to $3.4 billion by 2025, nearly tripling within five years.

A bar chart showing Latin America's Sports Betting market projections.

Latin America is regulating sports betting in new regions and is expected to grow substantially.

This growth is largely driven by key markets such as Brazil and Colombia, which are pivotal in expanding online gambling. Brazil's progress in implementing online gambling regulations, initially expected by the end of 2022, remains critical in shaping the industry's future. A 2022 study by Statista presents the potential for significant growth in online GGR, with these leading markets at the forefront of change.

FAQs on Sports Betting Statistics

Legal and Regulatory Aspects

How has the legalization of sports betting impacted state economies?

Since the U.S. Supreme Court's decision in 2018 to allow states to legalize sports betting, 38 states and Washington D.C. have legalized some form of sports betting. All states that have legalized gambling have earned millions in tax revenue dollars. 

Are there federal regulations governing sports betting, or is it state-specific?

The repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018 granted individual states the authority to legalize and regulate sports betting. Consequently, regulations vary by state, with no overarching federal framework.

Market Trends and Statistics

Which sports attract the highest betting volumes in the U.S.?

Football and Basketball are the top two most wagered upon sports in the United States.

How has mobile betting influenced the sports wagering landscape?

Mobile sports betting has been a crucial driving factor for overall growth, allowing bettors to place wagers conveniently and contributing to the industry's rapid expansion.

Demographics and Behavior

What demographic groups are most engaged in sports betting?

72% of sports bettors are men, with the most active age group being 25 to 34.

<p><strong>Sol Fayerman-Hansen</strong> is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in <i>Forbes</i>, <i>ESPN</i>, and <i>NFL.com</i>, covering U.S. and Canadian gambling laws, major sports events, and wagering trends. Since 2023, Sol has led RG.org’s global editorial efforts, focusing on transparency, data accuracy, and regulatory insight. He works closely with researchers and legal experts to uphold E-E-A-T and Trust Project standards.</p><p>📍 Israel/Canada 🌐 English, Hebrew 🎯 Gambling law, responsible gaming, tech in betting</p>
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