Over the next few years, the U.S. online gambling market is expected to move from being a side channel for the gaming industry to becoming one of its main revenue engines. A report published by Technavio projects that online gambling in the U.S. will add roughly $54.8 billion in value between 2025 and 2029, with a compound annual growth rate of about 11.6% over the period.
That jump comes on top of an already very strong base. The American Gaming Association (AGA) reported that U.S. commercial gaming revenue reached $71.92 billion in 2024, a new record and 7.5% higher than 2023, marking the fourth consecutive year of all-time highs.
Within that total, the online slice is growing faster than land-based casinos, driven by mobile sports betting, iGaming and, in parallel, by the advance of crypto and hybrid solutions that speak directly to a constantly connected American bettor.
From 2025 to 2029, the real battle will not just be about who has the biggest slot catalog or the sharpest NFL odds. The competition will be for data, for screen time and for trust in an ecosystem where traditional casinos, crypto platforms, and hybrid operators all go after the same player.
What The Reports Say About 2025-2029
Major market reports line up on one key point: online gambling in the U.S. has already moved past the experimental stage and entered a phase of sustained growth. Technavio’s analysis suggests that the online market in the country will expand by $54.8 billion between 2025 and 2029, with an 11.6% CAGR, powered by regulatory expansion, technology gains, and changing player behavior.
When you look at the current size of the sector, that jump feels even more significant. Grand View Research estimates that the U.S. online gambling market generated around $12.68 billion in 2024, with a projection of $13.88 billion in 2025 and growth toward roughly $22.19 billion by 2030, at a pace of 9.8% per year between 2025 and 2030.
On top of that, Mordor Intelligence calculates that the iGaming segment (regulated online casino) alone already exceeds $5.97 billion in 2025, supported by formats such as live dealer blackjack and AI-personalized lobbies.
These reports usually break down growth by product type (sports betting, casino games, poker, bingo, lottery), by device (desktop and mobile), and by user profile (casual gamblers, high rollers, professional players).
They all point in the same direction: more time spent playing and more revenue shifting to digital channels. That does not mean the end of Las Vegas or Atlantic City, but rather a redefinition of what each channel is supposed to do.
Traditional Casinos Fully Enter The Digital Race
For brick-and-mortar casinos, the numbers in these reports read like a clear warning. In 2024, AGA data shows total commercial revenue hitting a record near $72 billion, but a growing share of that already comes from online sports betting and iGaming, which in some quarters account for almost one third of industry revenue.
In practice, major groups that long depended on blackjack tables, roulette and integrated resorts now treat the betting app as a natural extension of the physical casino. The same player who racks up loyalty points on slots in Las Vegas is now part of a rewards program that also counts sports bets placed on a phone at home in another state.
The experience becomes phygital. The line between the gaming floor and the smartphone screen gets thinner every year. That is why the war over welcome bonuses and recurring promotions has become so intense. American bettors closely compare not just the face value of bonuses, but also rollover requirements, game restrictions, and brand reputation.
Independent guides, such as Frida M’Nyang’s breakdown of the current Bovada casino bonuses, work as a market barometer by detailing active promo codes, the size of the offers in dollars, and the conditions attached to cash or crypto deposits. In a landscape where dozens of operators are fighting for the same user’s attention, those who cannot put forward competitive packages simply fall out of the conversation.
Sports Betting And Mobile: The New Mainstream For U.S. Players
While online casinos are pulling part of the growth, the most visible engine for the general public is sports betting, especially on mobile. According to figures compiled by CBS Sports from market data, total legal sports betting handle in the U.S. jumped from roughly $121.1 billion in 2023 to $149.6 billion in 2024, an increase of 23.5%.
Sportsbook gross revenue climbed from $11 billion to approximately $13.7 billion over the same period. The American Gaming Association estimates that 38 states plus Washington, D.C., have already legalized some form of sports betting, and an ever larger subset allows online and mobile operations.
That helps explain the surge in handle and revenue. The Super Bowl, March Madness and the NFL and NBA playoffs act as prime-time showcases for this industry. AGA figures suggest the 2025 Super Bowl alone should generate about $1.39 billion in legal wagers.
For players, that translates into a daily routine where the operator’s app becomes a natural part of watching sports. An odds boost notification lands right next to an injury alert; the cash-out option appears on-screen at the same moment a favorite team forces overtime; and the line between sports entertainment and gamified finance keeps getting blurrier.
Crypto Layer: Where Online Meets Blockchain And Stablecoins
While the regulated side grows state by state, a parallel layer is expanding with help from crypto. The spread of bitcoin gambling and blockchain-based solutions is one of the drivers of online gambling growth worldwide and in North America, both for its tech appeal and for the perception of anonymity and faster transactions.
A number of operators that accept U.S. players, even when based in other jurisdictions, now run on Bitcoin, Ethereum and stablecoins such as USDT and USDC as primary deposit and withdrawal methods.
Blockchain is used to prove fairness in some games through provably fair mechanisms, while also lowering processing costs and, in some cases, shortening payout times versus traditional banking. From the point of view of a U.S. consumer, this crypto layer becomes especially visible in states where iGaming has not yet been legalized or where the local offer is limited.
Players who are already used to trading crypto on exchanges eventually find platforms where the same digital wallet is used to buy tokens, play slots or bet on sports, often with aggressive bonuses tied to the first BTC deposit.
Hybrid Models: One Player Moving Between Vegas, App And Digital Wallet
Looking at the companies highlighted in Technavio’s reports, the snapshot that emerges is of an increasingly hybrid sector. Large groups combine physical resorts, online sportsbooks, iCasino platforms, and, in some cases, partnerships with providers focused on crypto content or immersive experiences.
For the player, this shows up as integrated loyalty programs where a single identity accumulates points on physical slots in Las Vegas, on live roulette streamed from studios in New Jersey and on single-game wagers made by phone during an ordinary NBA night.
Loyalty stops being just about hotel stays and becomes a bundle that mixes accommodation, betting cashback, access to VIP lounges and cross-channel promotions. Technology is the glue that holds this ecosystem together.
Live dealer studios are expanded to handle millions of simultaneous sessions; streaming pipelines are tuned to run smoothly over 5G; and experiments with virtual reality (VR) show up both as game experiences and as tools for monitoring play time. The physical casino remains an important showcase, but the app increasingly becomes the daily touchpoint with the customer.
