Las Vegas is trying to push through a drastically different landscape in 2025.
Vegas is reportedly seeing fewer visitors than ever, but those who do fly into “Sin-City” aren’t shying away from placing their bets, according to recent tourism data.
“Las Vegas is experiencing one of the steepest slowdowns in domestic leisure travel this year, with volumes down 40% compared to 2024. While the city remains a major draw for events and entertainment such as F1, it seems that many travelers in 2025 are choosing trips that feel slower-paced and more grounded, steering away from the all-in spectacle Vegas is known for,” FlightHub CEO Henri Chalbot told The Dallas Express.
The glaring statistics from FlightHub mirror even bigger stats in the gambling epicenter, as visitors to the risky mecca have dropped by over 11% in June of 2025, with a 7% decline in total visitors across the first six months of 2025, according to the Las Vegas Convention and Visitors Authority.
Yet, America’s gambling industry is not just surviving – it is thriving, just not in Nevada.
According to the American Gaming Association, commercial gaming revenue across America in the second quarter of 2025 set a historic record: traditional casinos grew 2.4%, online casinos surged by over 31%, and sports betting outlets saw a growth of over 39% nationwide, contributing to a of over 12% monthly revenue increase over the previous year. That time period was the 18th straight year-over-year growth, with $19.44 billion in revenue for the quarter across sports betting and “iGaming” bets combined, according to the American Gaming Association.
For perspective, the total American commercial gaming industry pulled in a record $72 billion in 2024 – a 7.5% gain in revenue since 2023.
The rise of online gambling has made a crater in the gambling industry for companies that have invested in brick-and-mortar casinos.
The American online gambling market is estimated at $12.68 billion in 2024, and is expected to reach $13.88 billion in 2025. Among the online trenches, Flutter (the company that owns the huge sports betting umbrella FanDuel) expects a 34% jump in core profits in 2025, supported by the booming American couch-based gambling industry, per Reuters.