Ben Fiore has been writing about and researching the expansion of legal sports betting since 2022 and has become an expert in the field. Whether following the legal process of sports betting in a specific state, tracking a state’s venue, or reviewing the top online sportsbooks, Ben has seen it all. Ben graduated from Florida State University with a degree in Editing, Writing, and Media, and can be found betting on his Noles during any free time.
Ben Fiore
Last Updated:
March 8, 2026
Legal Sports Betting Revenue Tracker – Sportsbook Revenue By State
As state gaming commissions release their monthly reports, we keep track of the US sportsbook revenue by state. Helpful to predict future industry numbers, this legal sports betting revenue tracker offers a view into the multi-billion-dollar industry.
The states with sports betting have different methods for distributing data. But this page is updated as needed to consolidate the data for the ease of understanding.
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Regulated sports betting exists in almost the entire country, though not every state reports their handle or winnings. With legal sports betting everywhere, we’ve compiled monthly revenue reports from states’ gaming commissions to show a look into how much revenue sportsbooks in the US make.
The first year for each state may not represent an entire calendar year, as their numbers start when they launched that year.
Even though Nevada previously had sports betting, we started compiling in June 2018 – the first full month after the repeal of PASPA.
All states are accurate through 2024, with 2025 sports betting revenue filtering in through the summer.
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$3,021,298,706
$193,929,000
6.419%
$13,090,209
2019
$5,318,922,640
$329,037,000
6.186%
$22,210,000
2020
$4,339,486,867
$262,800,000
6.056%
$17,739,004
2021
$8,147,648,361
$445,116,000
5.463%
$30,045,332
2022
$8,633,518,183
$449,071,000
5.201%
$30,312,296
2023
$7,417,452,705
$422,307,000
5.693%
$28,505,726
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$1,247,307,720
$94,022,393
7.538%
$11,601,261
2019
$4,582,898,150
$299,398,035
6.533%
$40,268,621
2020
$6,012,531,987
$398,231,302
6.623%
$54,982,359
2021
$10,927,585,885
$814,981,641
7.458%
$112,736,461
2022
$10,944,593,978
$762,954,971
6.971%
$107,425,899
2023
$11,972,320,289
$1,006,681,602
8.408%
$141,517,468
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$1,743,249,640
$161,057,784
9.239%
$5,955,284
2022
$6,036,844,930
$482,932,555
8.000%
$28,914,694
2023
$5,166,902,608
$447,385,347
8.659%
$27,977,327
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$158,565,586
$15,175,667
9.571%
$1,821,080
2019
$369,173,582
$44,451,371
12.041%
$5,334,165
2020
$363,775,649
$43,741,530
12.024%
$5,248,985
2021
$586,086,026
$65,868,088
11.239%
$7,904,172
2022
$531,585,628
$60,739,616
11.426%
$7,288,754
2023
$425,387,043
$46,337,369
10.893%
$5,560,485
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$47,796,234
$6,623,563
13.858%
$662,356
2019
$228,285,426
$19,434,393
8.513%
$1,945,349
2020
$400,741,355
$27,286,723
6.809%
$2,728,673
2021
$546,940,861
$45,127,957
8.251%
$4,512,797
2022
$571,317,850
$50,822,381
8.896%
$5,082,238
2023
$429,218,366
$41,406,171
9.647%
$4,140,618
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$47,796,234
$6,623,563
13.858%
$662,356
2019
$228,285,426
$19,434,393
8.513%
$1,945,349
2020
$400,741,355
$27,286,723
6.809%
$2,728,673
2021
$546,940,861
$45,127,957
8.251%
$4,512,797
2022
$571,317,850
$50,822,381
8.896%
$5,082,238
2023
$429,218,366
$41,406,171
9.647%
$4,140,618
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$13,770,713
$1,030,910
7.486%
$525,764
2019
$245,811,496
$17,806,694
7.244%
$9,081,413
2020
$221,916,076
$24,067,477
10.845%
$12,274,413
2021
$454,457,990
$38,751,495
8.527%
$19,763,261
2022
$532,609,814
$49,298,062
9.256%
$25,142,012
2023
$365,101,422
$32,717,606
8.961%
$16,685,978
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2018
$13,770,713
$1,030,910
7.486%
$525,764
2019
$245,811,496
$17,806,694
7.244%
$9,081,413
2020
$221,916,076
$24,067,477
10.845%
$12,274,413
2021
$454,457,990
$38,751,495
8.527%
$19,763,261
2022
$532,609,814
$49,298,062
9.256%
$25,142,012
2023
$365,101,422
$32,717,606
8.961%
$16,685,978
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2019
$67,960,787
$7,783,423
11.453%
$778,343
2020
$98,109,146
$10,768,728
10.976%
$1,076,872
2021
$197,476,663
$23,321,149
11.810%
$2,332,112
2022
$16,288,073,156
$1,367,052,768
8.393%
$693,923,018
2023
$19,196,867,479
$1,697,297,617
8.842%
$862,582,466
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2019
$212,225,668
$19,283,690
9.086%
$1,301,649
2020
$575,248,472
$41,623,877
7.236%
$2,809,753
2021
$2,053,708,513
$125,512,412
6.112%
$8,472,088
2022
$2,348,065,964
$165,551,990
7.051%
$11,174,759
2023
$2,420,464,385
$199,027,690
8.223%
$13,434,370
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2019
$45,272,116
$2,924,340
6.459%
$1,462,171
2020
$218,246,341
$20,072,419
9.197%
$10,036,212
2021
$331,599,514
$30,398,008
9.167%
$15,199,008
2022
$497,985,675
$49,519,353
9.944%
$24,759,680
2023
$601,820,650
$65,963,483
10.961%
$32,981,744
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2019
$435,996,520
$41,576,946
9.536%
$3,931,772
2020
$1,769,270,606
$136,395,416
7.709%
$13,165,417
2021
$3,829,411,987
$308,304,353
8.051%
$29,089,084
2022
$4,467,882,215
$386,888,311
8.659%
$36,797,945
2023
$4,337,817,508
$404,363,766
9.322%
$38,417,065
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2020
$18,770,480
$2,368,463
12.618%
$294,849
2021
$47,215,732
$6,406,223
13.568%
$1,010,790
2022
$50,918,515
$7,173,449
14.088%
$1,248,959
2023
$62,258,820
$8,446,611
13.567%
$1,332,437
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$67,388,583
$10,066,406
14.938%
$1,006,641
2022
$2,302,509,284
$215,680,964
9.367%
$34,205,762
2023
$2,528,091,484
$310,789,087
12.293%
$35,876,138
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2020
$312,344,523
$27,124,908
8.684%
$5,443,918
2021
$2,730,459,000
$239,872,000
8.785%
$39,300,000
2022
$3,850,547,906
$379,409,891
9.853%
$68,052,961
2023
$4,292,352,235
$451,028,296
10.508%
$83,557,513
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$16,552,430
$3,170,001
19.151%
$469,297
2022
$979,584,836
$149,480,586
15.260%
$6,100,504
2023
$4,617,323,134
$514,081,188
11.134%
$46,165,906
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$3,221,790,714
$285,895,559
8.874%
$20,340,023
2022
$4,914,954,449
$481,233,605
9.791%
$51,765,686
2023
$4,315,837,488
$453,263,732
10.502%
$58,350,376
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$3,221,790,714
$285,895,559
8.874%
$20,340,023
2022
$4,914,954,449
$481,233,605
9.791%
$51,765,686
2023
$4,315,837,488
$453,263,732
10.502%
$58,350,376
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$336,444,408
$33,267,269
9.888%
$3,154,423
2022
$1,519,890,754
$145,306,247
9.560%
$14,525,092
2023
$1,550,846,647
$159,435,590
10.281%
$16,967,075
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$2,651,489
$254,582
9.601%
$22,913
2022
$7,192,829
$1,046,997
14.556%
$94,229
2023
$7,890,753
$855,833
10.846%
$77,026
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$2,651,489
$254,582
9.601%
$22,913
2022
$7,192,829
$1,046,997
14.556%
$94,229
2023
$7,890,753
$855,833
10.846%
$77,026
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2020
$130,763,498
$18,276,857
13.977%
$1,535,256
2021
$3,965,906,303
$319,522,216
8.057%
$13,612,812
2022
$4,814,088,969
$418,647,137
8.696%
$22,059,404
2023
$4,197,478,178
$368,517,713
8.780%
$19,450,529
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2021
$40,348,146
$4,012,816
9.945%
$111,914
2022
$144,522,130
$14,787,230
10.232%
$843,171
2023
$153,223,568
$15,444,324
10.080%
$922,831
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2020
$1,185,754,618
$75,841,207
6.396%
$2,965,322
2021
$3,847,527,102
$250,048,945
6.499%
$11,701,499
2022
$5,181,758,903
$351,950,255
6.792%
$19,634,715
2023
$4,235,313,749
$322,823,162
7.622%
$22,251,879
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2020
$1,882,620,542
$137,410,656
7.299%
$20,191,143
2021
$7,021,763,064
$534,086,819
7.606%
$84,691,181
2022
$9,751,301,251
$806,195,859
8.268%
$127,668,464
2023
$8,931,018,896
$809,684,491
9.066%
$128,816,132
Year
Yearly Betting Handle
Sportsbook Revenue
Hold Rate
Tax Responsibilities
2022
$4,506,326,636
$313,298,122
6.952%
$28,606,642
2023
$13,008,349,237
$894,803,020
6.879%
$116,787,191
2024
$21,516,361,612
$1,537,352,103
7.145%
$233,351,369
2025
$57,643,256,951
$4,329,879,307
7.512%
$561,385,988
2026
$92,914,954,162
$7,501,015,109
8.073%
$1,501,155,758
2027
$95,231,336,904
$8,486,914,348
8.912%
$1,765,960,341
States With Most Tax Revenue
State
Tax Revenue
Tax Rate
New York
$2,846,083,525
51%
Pennsylvania
$736,579,860
36%
Illinois
$724,096,708
15%
New Jersey
$650,993,458
Varies
Over 60% of the sports betting tax benefits in the US come from these four states: New York, Pennsylvania, Illinois, and New Jersey.
New York is the largest benefiter of sportsbook taxes, seeing roughly 35% of the U.S. total due to their high handle and massive tax rate.
