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The US online casino industry generated $829.2 million in revenue this past month, with six of seven legal states reporting results. Month over month, casino win increased 1%, or about $8 million, compared with August.
September’s report does not include Rhode Island, which releases its online gambling figures one month later than other states.
Big 3 states continue to drive US online casino revenue
Michigan, New Jersey online casinos, and Pennsylvania online casinos again dominated revenue:
- Michigan: $259.1 million
- New Jersey: $243.1 million
- Pennsylvania: $231.2 million
Michigan online casinos not only led the Big 3 in revenue but also posted the strongest month-over-month growth:
- Michigan: up 4.8%
- New Jersey: down 2.1%
- Pennsylvania: no change
State-by-state online gambling revenue
| State | September 2025 | August 2025 | % change |
|---|---|---|---|
| Michigan | $259.1 million | $247.2 million | 4.81% |
| New Jersey | $243.1 million | $248.4 million | -2.13% |
| Pennsylvania | $231.2 million | $231.2 million | 0.00% |
| West Virginia | $32.2 million | $30.1 million | 6.98% |
| Connecticut | $53.7 million | $49.8 million | 7.83% |
| Delaware | $9.9 million | $9.5 million | 4.21% |
| Rhode Island | N/A | $4.8 million | N/A |
| Total | $829.2 million | $821.0 million | 1.00% |
Connecticut breaks $50M as Rhode Island slips
Connecticut reported $53.7 million in online casino revenue in September, up from $49.8 million in August. The Constitution State’s 7.8% monthly increase was the largest among reporting states, and it marked Connecticut’s first month above $50 million since May.
Rhode Island’s online casino win slipped to $4.8 million in August, down from $5.1 million in July. Still, the nation’s smallest iGaming market posted a 60% year-over-year gain.
Could online casinos hit $1B before year-end?
The US online gaming industry ended 2024 with record-breaking results. If the month-over-month growth from late 2024 repeats, here is how 2025 could finish:
- October: $883.1 million
- November: $897.9 million
- December: $974.0 million
These figures are projections based solely on 2024 trends, and past performance does not guarantee future results.
Still, if online casinos accelerate, December could deliver the industry’s first $1 billion month. A more conservative outlook suggests the milestone may arrive in March 2026, when March Madness historically boosts iGaming activity.
