GITNUX MARKETDATA REPORT 2024

Us Online Gambling Industry Statistics

The US online gambling industry is projected to continue growing steadily,with an estimated market size of $102.97 billion by 2025.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore key statistics and trends shaping the US online gambling industry. From the significant growth projections to market shares of top players and consumer behaviors, these data points provide valuable insights into the booming digital gambling landscape. Let’s dive into the numbers that define this dynamic sector.

Statistic 1

"Based on compound annual growth rate (CAGR), the US online gambling market will expand by 17.32% from 2020 to 2025."

Statistic 2

"New Jersey holds the largest market share in the US online gambling market with over 50%."

Statistic 3

"In 2020, DraftKings experienced a 98% increase in unique paying customers."

Statistic 4

"In the U.S, around 44% of online gamblers are female."

Statistic 5

"The US online poker revenue increased to $2.7 billion in 2020."

Statistic 6

"U.S. online gambling revenue grew from $2.2 billion in 2019 to $3.1 billion in 2020."

Statistic 7

"BetMGM holds around 17% market share of the total US online gambling market."

Statistic 8

"The average daily time spent by Americans on online gambling is 3 hours."

Statistic 9

"In 2019, 53% of online gamblers reported using a smartphone or a tablet most often to place their bets."

Statistic 10

"A growth of U.S. virtual casinos and sportsbooks was 210% in 2020."

Statistic 11

"More than 70% of people aged 18-44 partake in online gambling in some form."

Statistic 12

"38% of young adults believe online casino apps are designed to get users hooked."

Statistic 13

"In 2020, online lottery revenue in the U.S. stood at $2 billion."

The statistics presented highlight the significant growth and popularity of the US online gambling industry. With a projected expansion of 17.32% in the market by 2025, it is evident that online gambling is a thriving sector. New Jersey leads the market with over 50% share, while companies like DraftKings have experienced substantial customer increases. The industry is also seeing a shift in demographics, with a significant percentage of female online gamblers and a growing number of young adults engaging in online gambling activities. The revenue numbers and market shares of key players demonstrate the financial significance of this industry, indicating a lucrative market for businesses and investors alike. The data underscores the increasing trend of online gambling in the US and the evolving landscape of this dynamic sector.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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