BtoBet released an industry report this week on the state of the U.S. gaming industry, which forecasts that U.S. legal sports betting revenue will rise to $24.3 billion in 2026 — more than triple the $7.7 billion in revenue generated in 2021.

This would make the U.S. the largest gaming market in the world… double that of the UK.

In addition, the study confirmed the ongoing trend in favor of online sports betting. Drawing on data provided by Vixio GamblingCompliance, a leading provider of regulatory intelligence to the iGaming industry, BtoBet noted that mobile wagering will account for 86% of total gross sports betting market revenues in the U.S. by 2025.