US illegal iGaming operators generated $97.4 billion in gross gaming revenue during 2025. This figure comes from a market analysis published by Gaming Compliance International.
Market Overview and Revenue Breakdown
The research outlines the financial scale of unlicensed digital wagering services across the United States. Offshore platforms and operators lacking state authorization continue to capture significant player spending. The reported total aggregates turnover from online sports betting, virtual casino games, and digital poker networks operating outside regulated jurisdictions.Industry tracking indicates that consumer activity on these platforms remains steady despite expanding legal wagering options in several states. The $97.4 billion metric serves as a reference point for evaluating regulatory progress and market share distribution. Further data releases will clarify whether revenue concentration shifts toward licensed operators in the next reporting period.