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The American sports betting industry posted a record $13.71 billion in 2024 revenue, up from 2023’s record of $11.04 billion, according to the American Gaming Association’s annual report issued Wednesday.
The AGA, during its state of the industry call, said legal sportsbooks took nearly $150 billion worth of bets, a 22.2% increase from 2023. Sportsbooks won at a 9.3% rate nationally, a slight increase from 2023’s 9.1% hold percentage.
The AGA also reported that Q4 2024 was the industry’s most lucrative quarter on record at $3.66 billion — a 7.3% increase from the previous quarterly record set in Q4 2023.
Link to Original Article - on ESPN