77% of the US iGaming market was handled by illegal operators in 2025

A 2025 figure quoted for the US iGaming market says illegal operators accounted for 77% of the market. For PSPs, acquirers, and banks looking at high-risk exposure, that is the number to notice: most of the volume was outside the regulated channel.

1. The source states that 77% of the American iGaming market was occupied by illegal operators in 2025.
2. No additional breakdown is provided in the source, so the headline figure is the only confirmed data point here.
3. For payment providers, the practical takeaway is simple: US iGaming remains a market where the regulated share is not the default share, so merchant onboarding, monitoring, and country-specific policy settings matter more than the usual generic “high-risk” label suggests.