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United States · segment report · sports betting

US sports betting: the market in numbers

Legal status, market size, tax burden, operator competition and where the next markets are. Built only from our US database (snapshot 2026-10-14) and the regulators’ own monthly reports; where a number is not on record, it is left out.

32
jurisdictions with live online betting
30 with live retail sportsbooks
$49.5B
online handle, last 12 months
6 states that publish handle
$6.61B
online sportsbook revenue, last 12 months
8 states that publish revenue
69–71%
FanDuel + DraftKings share
MI, OH, IN, online revenue

Executive summary

Key findings

  1. 1New York alone took $26.9B in online bets over the last 52 weeks, 54% of the handle across the 6 states that publish it, while taxing operators at 51% of revenue.
  2. 2Two brands own the market: FanDuel and DraftKings hold 71% in Michigan, 71% in Ohio, 69% in Indiana of online sportsbook revenue.
  3. 3Betting has moved to phones: online is at least 86% of all sports-betting handle in each of the 5 states that report both channels.
  4. 4Tax rates differ 8×: from 6.75% in Iowa to 51% in New York — the single biggest lever on operator margin by state.
  5. 54 states already take bets in person but not online (MS, MT, NE, SD), and the largest closed markets — California, Georgia, Texas — have no legal sports betting at all.

Legal status

Where you can bet on sports

AKALARASAZCACOCTDCDEFLGAGUHIIAIDILINKSKYLAMAMDMEMIMNMOMPMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVTWAWIWVWY

Small dot = retail sportsbooks live. Status from statutes and regulator lists in our database.

Online betting live32
Tribal only2
Legal, not live yet0
Not legal21
Retail sportsbooks live30

Colour shows online status; the small dot marks states where retail sportsbooks are open. Hover a state for both statuses.

Market size

Online sportsbook revenue, last 12 months

New York$2.53BNew Jersey$1.12BOhio$1.06BPennsylvania$624MIndiana$573MMichigan$406MIowa$264MRhode Island$35M

Online sportsbook revenue over the last 12 reported months of each state regulator (New York: 52 weeks). Periods differ by state; see the detail column.

Interactive explorer

Every month, every state on record

Hover for the exact amount, drag the strip to zoom, switch states on and off, open full screen, or download the visible data.

Online revenue (GGR) · Jul 2024 – Sep 2026

$0$38M$77M$115M$154MJul '24Nov '24Mar '25Jul '25Nov '25Mar '26Jul '26
Drag on the strip below to zoom into any period. The strip shows the total only for months every selected state has reported.

Source: monthly reports of each state regulator. Michigan reports adjusted gross receipts (AGR). Hold is computed only where a state publishes both handle and revenue for the month. New York publishes weekly totals only and is not charted.

Momentum

Monthly trend, last 24 months

New Jerseyonline revenue
New Jersey monthly revenue: peak $146M in Nov 2025
Aug 2026: $60M-27% y/y
Pennsylvaniaonline handle
Pennsylvania monthly handle: peak $947M in Nov 2025
Jun 2026: $549M+19% y/y
Michiganonline handle
Michigan monthly handle: peak $650M in Nov 2024
Aug 2026: $330M-2% y/y
Ohioonline revenue
Ohio monthly revenue: peak $135M in Dec 2025
Aug 2026: $57M-19% y/y
Indianaonline handle
Indiana monthly handle: peak $621M in Nov 2025
Sep 2026: $531M+3% y/y
Iowaonline handle
Iowa monthly handle: peak $303M in Nov 2025
Sep 2026: $276M+2% y/y
Rhode Islandonline handle
Rhode Island monthly handle: peak $42M in Dec 2024
Aug 2026: $22M-6% y/y

Same month a year earlier for year-on-year change. Sports betting is seasonal (NFL autumn peak), so compare like months.

Seasonality

Monthly online revenue heat map

Monthly online revenue heat map
2024J A S O N D2025J F M A M J J A S O N D2026J F M A M J J A S
New JerseyNew Jersey Sep 2024: $120MNew Jersey Oct 2024: $77MNew Jersey Nov 2024: $119MNew Jersey Dec 2024: $63MNew Jersey Jan 2025: $122MNew Jersey Feb 2025: $74MNew Jersey Mar 2025: $71MNew Jersey Apr 2025: $91MNew Jersey May 2025: $103MNew Jersey Jun 2025: $92MNew Jersey Jul 2025: $75MNew Jersey Aug 2025: $82MNew Jersey Sep 2025: $90MNew Jersey Oct 2025: $116MNew Jersey Nov 2025: $146MNew Jersey Dec 2025: $114MNew Jersey Jan 2026: $112MNew Jersey Feb 2026: $66MNew Jersey Mar 2026: $84MNew Jersey Apr 2026: $99MNew Jersey May 2026: $84MNew Jersey Jun 2026: $58MNew Jersey Jul 2026: $95MNew Jersey Aug 2026: $60M
OhioOhio Sep 2024: $102MOhio Oct 2024: $80MOhio Nov 2024: $114MOhio Dec 2024: $57MOhio Jan 2025: $80MOhio Feb 2025: $75MOhio Mar 2025: $64MOhio Apr 2025: $74MOhio May 2025: $87MOhio Jun 2025: $75MOhio Jul 2025: $59MOhio Aug 2025: $71MOhio Sep 2025: $77MOhio Oct 2025: $96MOhio Nov 2025: $131MOhio Dec 2025: $135MOhio Jan 2026: $98MOhio Feb 2026: $69MOhio Mar 2026: $86MOhio Apr 2026: $88MOhio May 2026: $87MOhio Jun 2026: $68MOhio Jul 2026: $67MOhio Aug 2026: $57M
PennsylvaniaPennsylvania Jul 2024: $35MPennsylvania Aug 2024: $26MPennsylvania Sep 2024: $47MPennsylvania Oct 2024: $25MPennsylvania Nov 2024: $72MPennsylvania Dec 2024: $22MPennsylvania Jan 2025: $49MPennsylvania Feb 2025: $10MPennsylvania Mar 2025: $26MPennsylvania Apr 2025: $41MPennsylvania May 2025: $56MPennsylvania Jun 2025: $49MPennsylvania Jul 2025: $38MPennsylvania Aug 2025: $45MPennsylvania Sep 2025: $24MPennsylvania Oct 2025: $56MPennsylvania Nov 2025: $92MPennsylvania Dec 2025: $80MPennsylvania Jan 2026: $68MPennsylvania Feb 2026: $37MPennsylvania Mar 2026: $45MPennsylvania Apr 2026: $57MPennsylvania May 2026: $51MPennsylvania Jun 2026: $30M
IndianaIndiana Oct 2024: $35MIndiana Nov 2024: $66MIndiana Dec 2024: $30MIndiana Jan 2025: $56MIndiana Feb 2025: $47MIndiana Mar 2025: $34MIndiana Apr 2025: $41MIndiana May 2025: $41MIndiana Jun 2025: $46MIndiana Jul 2025: $34MIndiana Aug 2025: $44MIndiana Sep 2025: $37MIndiana Oct 2025: $48MIndiana Nov 2025: $67MIndiana Dec 2025: $65MIndiana Jan 2026: $49MIndiana Feb 2026: $41MIndiana Mar 2026: $48MIndiana Apr 2026: $49MIndiana May 2026: $49MIndiana Jun 2026: $35MIndiana Jul 2026: $41MIndiana Aug 2026: $35MIndiana Sep 2026: $48M
MichiganMichigan Sep 2024: $28MMichigan Oct 2024: $10MMichigan Nov 2024: $37MMichigan Dec 2024: $267,881Michigan Jan 2025: $55MMichigan Feb 2025: $27MMichigan Mar 2025: $15MMichigan Apr 2025: $27MMichigan May 2025: $36MMichigan Jun 2025: $30MMichigan Jul 2025: $24MMichigan Aug 2025: $34MMichigan Sep 2025: $13MMichigan Oct 2025: $49MMichigan Nov 2025: $65MMichigan Dec 2025: $61MMichigan Jan 2026: $37MMichigan Feb 2026: $25MMichigan Mar 2026: $33MMichigan Apr 2026: $24MMichigan May 2026: $23MMichigan Jun 2026: $20MMichigan Jul 2026: $31MMichigan Aug 2026: $24M
IowaIowa Oct 2024: $18MIowa Nov 2024: $27MIowa Dec 2024: $14MIowa Jan 2025: $26MIowa Feb 2025: $21MIowa Mar 2025: $15MIowa Apr 2025: $18MIowa May 2025: $19MIowa Jun 2025: $18MIowa Jul 2025: $16MIowa Aug 2025: $20MIowa Sep 2025: $21MIowa Oct 2025: $27MIowa Nov 2025: $30MIowa Dec 2025: $28MIowa Jan 2026: $26MIowa Feb 2026: $19MIowa Mar 2026: $23MIowa Apr 2026: $21MIowa May 2026: $20MIowa Jun 2026: $16MIowa Jul 2026: $17MIowa Aug 2026: $16MIowa Sep 2026: $22M
Rhode IslandRhode Island Sep 2024: $4MRhode Island Oct 2024: $2MRhode Island Nov 2024: $4MRhode Island Dec 2024: $1MRhode Island Jan 2025: $4MRhode Island Feb 2025: $3MRhode Island Mar 2025: $2MRhode Island Apr 2025: $3MRhode Island May 2025: $3MRhode Island Jun 2025: $3MRhode Island Jul 2025: $1MRhode Island Aug 2025: $2MRhode Island Sep 2025: $2MRhode Island Oct 2025: $3MRhode Island Nov 2025: $5MRhode Island Dec 2025: $4MRhode Island Jan 2026: $3MRhode Island Feb 2026: $3MRhode Island Mar 2026: $3MRhode Island Apr 2026: $3MRhode Island May 2026: $2MRhode Island Jun 2026: $2MRhode Island Jul 2026: $3MRhode Island Aug 2026: $1M
under 60% of average60–85%85–115%115–150%over 150%

Each cell is one month of online sportsbook revenue (Michigan: adjusted gross receipts) against that state’s own average over the months on record, so states of different size share one scale. Dark cells are strong months, pale cells weak ones (results swing with how favourites land, not only with volume). Source: state regulators’ monthly reports.

Regulation

Online sports betting tax rate by state

New York51%Pennsylvania34%District of Columbia30%Louisiana21.5%Arkansas20%Massachusetts20%Ohio20%Vermont20%New Jersey19.75%North Carolina18%Virginia15%Kentucky14.25%Connecticut13.75%Colorado10%Kansas10%Maine10%Missouri10%West Virginia10%Wyoming10%Michigan8.4%Iowa6.75%

Highest statutory rate on sportsbook revenue in our database (tiered states: top tier). Tennessee taxes handle instead (1.85% of wagers). States not listed: rate not on record yet.

Competition

Operator share of online revenue

Michigan42%28%12%Ohio39%33%8%Indiana35%34%8%7%6%
  • FanDuel
  • DraftKings
  • BetMGM
  • Fanatics
  • PENN (ESPN BET, theScore, Barstool)
  • Caesars
  • PointsBet
  • BetRivers (Rush Street)
  • Hard Rock
  • Other
  • bet365

Operator-level filings of the state regulator, last 12 months. Implied dollars = brand share × state online revenue total; shares are rounded to 0.1 pp in the filings.

Legalization

Dated milestones on record

  1. 2019
    • NH 07-12RSA 287-I
    • MI 12-20MCL 432.404
  2. 2020
    • CO 05-01C.R.S. § 44-30-1508
  3. 2021
    • LA 07-01La. R.S. 27:609
  4. 2022
    • OH 03-23ORC 3775.02
    • KS 07-01K.S.A. 74-8734
  5. 2023
    • VT 06-1431 V.S.A. chapter 25
    • TN 07-01Public Chapter 450 (2023)
    • KY 09-28online launch
  6. 2024
    • NC 03-11online launch
    • MO 12-05Mo. Const. art. III, § 39(g)

Earliest dated sports-wagering law or launch date in our database for 11 of 32 live states. Other live states are not dated in the database yet, so they are not placed on the line.

Growth potential

Where the next markets are

4
Retail live, online not yet

The easiest step: the law already allows sportsbooks.

Mississippi, Montana, Nebraska, South Dakota

3
Tribal only

Betting runs through tribal compacts, not open licensing.

Florida, Washington, Wisconsin

1
Legal, not live

Authorized, sportsbooks not open yet.

Northern Mariana Islands

15
No legal sports betting

Neither channel is legal today.

Alaska, Alabama, American Samoa, California, Georgia, Guam, Hawaii, Idaho, Minnesota, North Dakota, New Mexico, Oklahoma, South Carolina, Texas, Utah

Bills pending in our database: South Carolina — South Carolina Sports Wagering Act (H.3625 (2025-2026)).

Method

Sources and scope

Legal status, tax rates and laws come from our US database, where every row carries a source from the state regulator or statute. Money figures are the regulators’ own monthly (New York: weekly) reports. 122 sports-betting licences from 95 licence holders are on record. Nothing on this page is estimated or modelled. More context: US legal market summary · online by state.

Research by jurisdiction

All supporting sources by jurisdiction and data type

Research by jurisdiction
JurisdictionLicence records
Arizona3628Verified records in this database (not a market total)Official source · 2026-10-28
Arkansas4Verified records in this database (not a market total)Official source · 2026-10-28
California171Verified records in this database (not a market total)Official source · 2026-10-28
Colorado10Verified records in this database (not a market total)Official source · 2026-10-28
Connecticut106Verified records in this database (not a market total)Official source · 2026-10-28
Delaware674Verified records in this database (not a market total)Official source · 2026-10-28
District of Columbia342Verified records in this database (not a market total)Official source · 2026-10-28
Idaho9Verified records in this database (not a market total)Official source · 2026-10-28
Illinois11599Verified records in this database (not a market total)Official source · 2026-10-28
Indiana18Verified records in this database (not a market total)Official source · 2026-10-28
Iowa2631Verified records in this database (not a market total)Official source · 2026-10-28
Kansas1809Verified records in this database (not a market total)Official source · 2026-10-28
Kentucky2Verified records in this database (not a market total)Official source · 2026-10-28
Louisiana4002Verified records in this database (not a market total)Official source · 2026-10-28
Maine8Verified records in this database (not a market total)Official source · 2026-10-28
Michigan3Verified records in this database (not a market total)Official source · 2026-10-28
Missouri2Verified records in this database (not a market total)Official source · 2026-10-28
Montana1819Verified records in this database (not a market total)Official source · 2026-10-28
Nebraska10Verified records in this database (not a market total)Official source · 2026-10-28
Nevada688Verified records in this database (not a market total)Official source · 2026-10-28
New Jersey53Verified records in this database (not a market total)Official source · 2026-10-28
Ohio7Verified records in this database (not a market total)Official source · 2026-10-28
Oklahoma3Verified records in this database (not a market total)Official source · 2026-10-28
Oregon8Verified records in this database (not a market total)Official source · 2026-10-28
Pennsylvania26Verified records in this database (not a market total)Official source · 2026-10-28
South Dakota6Verified records in this database (not a market total)Official source · 2026-10-28
Washington13Verified records in this database (not a market total)Official source · 2026-10-28
Puerto Rico267Verified records in this database (not a market total)Official source · 2026-10-28
US Virgin Islands131Verified records in this database (not a market total)Official source · 2026-10-28

No confirmed value published yet (records under review or not researched; this is not a zero or a prohibition): Alabama, Alaska, Florida, Georgia, Hawaii, Maryland, Massachusetts, Minnesota, Mississippi, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming.