US Online Casino Revenue Hits Records in March, Topping $900 Million

By John Isaac,
Editor at online-gambling.com

John Isaac Editor at online-gambling.com

John Isaac is an editor with many years of experience in the gambling industry. He writes expert articles on card games like blackjack and poker. In addition, he is also well aware of the US gambling laws and the Indian and Dutch gambling markets. You can rely on verified information and insightful details.

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Last updated: May 26, 2025

March was an excellent month for licensed iCasino platforms, as operators saw impressive gains. Online casino revenue in the United States soared past $900 million, setting a new record across seven regulated states.

Pennsylvania Posts Record $291.6 Million Online Casino Revenue

Pennsylvania led the pack as real money online casino operators generated $291.6 million, a jump from $230.6 million the same month last year. No single state has hit the $300 million mark yet, but it is only a matter of time based on current trends.

Industry analysts attribute much of the revenue surge to strategic promotions during the NCAA March Madness tournaments. These promotions drove record traffic to casino mobile apps and introduced a wider audience to online gambling. Currently, online casinos in Pennsylvania are stronger than ever.

Online casinos in Michigan and New Jersey generated over $240 million in gross revenue. In Michigan, 15 commercial and tribal operators are licensed to offer iGaming and online sports betting.

Smaller States Pull Their Weight Too

Even smaller states like Connecticut and West Virginia posted decent numbers. Combined, Connecticut, West Virginia, Delaware, and Rhode Island were able to accumulate over $109.5 million between them.

In Connecticut, FanDuel and DraftKings generated a combined $57.7 million in gross revenue, a 30.3% increase year over year. Meanwhile, operators in West Virginia, including FanDuel, BetMGM, and Golden Nugget, brought in $36.4 million, up 51.9% from the previous year. Even Rhode Island, which only launched online casino operations on March 1, 2024, brought in $5.1 million, four times its revenue from the inaugural month last year.

State Governments Benefit

State governments also benefited from the online casino growth, receiving a total of $177.1 million in taxes between the seven legal states. This shows a $41.1 million increase compared to the previous year. Tax revenue was taken from a combined adjusted gross revenue of $827.6 million, offering a financial boost to state budgets.

The continued success of online casinos in the United States, which is fueled by strategic cross-promotion and market growth, signals a bright future for the iGaming industry. With both large and smaller states contributing to these record-breaking results, the online gaming sector is growing substantially.

This increase benefits casino operators and delivers substantial financial gains to state governments through rising tax revenues. Given this momentum, it seems only a matter of time before states like Maryland and New York legalize online casino gaming. If these two, and other states, enter the market, the stage is set for iGaming to break new revenue records as early as 2026.