U.S. Sports Betting Revenue for March 2025 — State-by-State Breakdown Now Available at RG.org

7 min read
May 12, 2025, 4:26 PM

RG.org, the leading independent source for verified sports betting revenue data across the United States, has released its latest monthly report for March 2025. Using official data published directly by state gaming commissions, RG.org confirms a thriving national sports betting market, with combined gross gaming revenue (GGR) surpassing $830 million across reporting jurisdictions.

Complete state-level data and interactive breakdowns are now live in RG.org’s dedicated U.S. Sports Betting Statistics section (rg.org/statistics/us), the industry’s most accurate and transparent platform for timely and verified sports betting revenue reporting.

New York Leads National Market with Over $2.4 Billion in Wagers

New York continued to anchor the national sports betting market, handling an impressive $2.44 billion in total wagers for March alone. GGR hit $161.8 million, with mobile betting again capturing the overwhelming share of activity. New York’s stringent tax rate (51%) meant $82.5 million was collected for state programs, far outpacing all other states.

NY Sports Betting Revenue

New Jersey and Massachusetts Maintain Momentum

New Jersey, one of America’s pioneering sports betting markets, showed continued strength with $1.11 billion in handle and $71.3 million in GGR. State tax revenues reached $10.2 million, highlighting consistent market maturity despite increasing competition from neighboring jurisdictions.

NJ Sports Betting Revenue

In one year since launching mobile betting, Massachusetts posted strong numbers: $772.5 million in total handle and $52.1 million in GGR, boosted heavily by March Madness activity and growing engagement in same-game parlays.

MA Sports Betting Revenue

Newly Launched North Carolina Makes Immediate Impact

March saw the impressive debut of statewide mobile sports betting in North Carolina. Launching mid-month, yet quickly generating a remarkable $685 million in wagers and $38.1 million in revenue, the state collected nearly $6.9 million in taxes, positioning North Carolina as one of the fastest-growing new markets and highlighting the rapid adoption of regulated online wagering.

NC Sports Betting Revenue

Regional Markets Report: Notable Trends

Across other states, sports betting performance varied:

  • Tennessee had one of the highest hold percentages nationally (9.23%), translating $548.6 million in handle into $50.6 million in revenue, and generating $10.1 million in tax revenue.
  • Kansas experienced the lowest hold percentage at 3.23%, reporting $248.4 million in wagers but only $8.0 million in revenue.
  • Kentucky delivered impressive early results, posting $285.7 million in wagers, $18.9 million in GGR, and $2.74 million in tax revenue.
  • Oregon, despite its smaller market and single-provider model, maintained a strong performance with a 9.52% hold, producing $66.5 million in wagers and directing $506,720 in tax revenue toward responsible gaming initiatives.
  • Colorado remained steady with $618 million in handle and $36.2 million GGR, while Michigan also sustained solid numbers ($487.2 million handle, $33.5 million GGR).

Q1 2025 Sports Gambling Handle and Tax Revenue by State

StateQ1 2025 Handle (USD)Q1 2025 State Tax Revenue (USD)
New York$6,896,307,294.00$302,780,623.98
New Jersey$3,248,218,639.00$38,061,510.46
Pennsylvania$2,472,933,035.00$30,423,950.81
Ohio$2,764,044,791.00$44,555,159.40
Massachusetts$2,163,269,102.69$42,350,317.76
Maryland$1,683,033,038.00$19,014,189.00
Virginia$1,983,169,613.00$28,196,321.61
North Carolina$1,875,347,788.00$30,299,293.00
Michigan$1,449,870,905.64$13,937,445.54
Indiana$1,525,173,285.00$13,167,053.00
Tennessee$1,505,751,501.00$27,788,545.00
Colorado$1,771,855,826.11$10,032,894.00
Louisiana$1,150,546,225.00$17,045,156.00
Kentucky$787,596,131.00$11,575,465.00
Iowa$794,008,567.66$4,266,747.89
Kansas$766,433,180.00$4,812,883.00
Connecticut$511,135,101.00$7,071,947.00
Oregon$215,440,000.00$2,039,360.00
New Hampshire$219,673,946.00$11,394,761.00
Washington DC$218,617,717.70$5,270,487.50
Maine$141,704,730.50$1,641,700.30
Rhode Island$126,225,216.00$5,249,780.88
Mississippi$107,523,674.64$911,792.21
Vermont$68,349,928.00$1,905,296.00
Wyoming$63,042,680.46$361,711.44
Delaware$63,448,317.00$1,732,752.00
South Dakota$31,449,392.80$25,156.42
Montana$15,694,247.00$183,570.51

All data is pulled directly from the state gambling commission or respective agency.

RG.org Provides Verified Data for Analysts, Journalists, and Policymakers

All sports betting revenue data published by RG.org is drawn exclusively from official monthly reports issued directly by each state's gaming commission or regulatory body. RG.org remains the industry’s only independent outlet systematically verifying, compiling, and standardizing sports betting statistics nationwide.

“We eliminate guesswork and third-party interpretations,” said Sol Fayerman Hansen, Editor-in-Chief at RG.org. “Our platform is trusted because each number can be traced back directly to the official source. RG.org provides clear, trustworthy data for those who report on, analyze, or regulate the gambling industry.”

The complete monthly breakdown—including state-by-state comparisons of handle, revenue, hold percentages, and tax contributions—is available now at the RG.org U.S. Sports Betting Statistics page.

Visit https://rg.org/statistics/us for:

  • Accurate monthly handle and revenue data
  • Visualizations tracking state tax allocations
  • Historical trends across retail and online sports wagering

RG.org remains committed to delivering clear, transparent, and credible information, serving as the definitive public record for sports betting data across the United States.

<p><strong>Sol Fayerman-Hansen</strong> is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in <i>Forbes</i>, <i>ESPN</i>, and <i>NFL.com</i>, covering U.S. and Canadian gambling laws, major sports events, and wagering trends. Since 2023, Sol has led RG.org’s global editorial efforts, focusing on transparency, data accuracy, and regulatory insight. He works closely with researchers and legal experts to uphold E-E-A-T and Trust Project standards.</p><p>📍 Israel/Canada 🌐 English, Hebrew 🎯 Gambling law, responsible gaming, tech in betting</p>
Interests:
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NBA
MLB
NHL
ATP
UEFA
NCAA Baseball
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Our Data Experts

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol Fayerman-Hansen is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in Forbes, ESPN, and NFL.com, covering U.S. and Canadian gambling laws, major sports events, and wagering trends. Since 2023, Sol has led RG.org’s global editorial efforts, focusing on transparency, data accuracy, and regulatory insight. He works closely with researchers and legal experts to uphold E-E-A-T and Trust Project standards.

📍 Israel/Canada 🌐 English, Hebrew 🎯 Gambling law, responsible gaming, tech in betting

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