The analytical company Gaming Compliance International (GCI) has released a report on the online gambling market in the United States for 2025. This analysis covers both the legal and illegal online segments and utilizes the Loss Ratio metric, which compares Gross Gaming Revenue (GGR) per capita with the per capita income of the state.
Key findings highlighted by iGN include:
- Market Volume and Share in 2025 (2024):
- $125.6 billion β total GGR of the online market (39.4% YoY)
- $97.4 billion β GGR of the illegal segment (45.2% YoY)
- 77% β share of the illegal segment (3 percentage points YoY)
- $28.3 billion β GGR of the legal segment (23% YoY)
- 23% β share of the legal segment (3 percentage points YoY)
Loss Ratio in 2025 (2024):
- 0.83% β overall for the US (0.21 percentage points YoY)
- 1.38% β states with legalized online gambling (0.26 percentage points YoY)
- 0.99% β states with only legal online sports betting (0.22 percentage points YoY)
- 0.44% β states where online gambling is illegal (0.13 percentage points YoY)
The highest Loss Ratio among states is in Louisiana at 1.77%, with 1.44% attributed to the illegal segment.