U.S. Casinos Hit £1.5 Billion in Record Losses as Gambling Boom Continues
Gamblers in the United States lost a record-breaking £1.5 billion at the state's 17 physical casinos in 2025. This marked a sharp rise in spending, with revenues climbing 15% from 2024 and 29% from 2023. The surge came as new casinos opened and existing ones expanded their operations.
Slot machines dominated the earnings, bringing in about £1.18 billion of the total revenue. Table games contributed an additional £360 million. Rivers Casino Des Plaines remained the state's top performer, holding a 26% market share.
Wind Creek Chicago Southland, which launched in November 2024, quickly became the second-highest grossing casino in 2025. The year also marked the first full year of operations for both Wind Creek and Hard Rock Casino Rockford. Meanwhile, Bally's temporary casino in Chicago ranked fifth in state revenue. The company is still developing its £1.35 billion permanent casino in River West, originally planned for late 2025. However, only Phase 1 is now expected to open by the end of 2026. Beyond casinos, Illinois' sports betting industry faced challenges due to a newly introduced per-bet surcharge.
The record losses reflect the United States' growing gambling market, driven by new venues and increased player spending. With Bally's permanent casino still under construction, further revenue growth is likely in the coming years. The state's betting sector, however, must now adapt to additional financial pressures.
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