Blask has released a new North America report: “USA and Canada iGaming Landscape 2025: The Offshore Reality”.
It’s a data-driven view of a simple but critical question: where does online gambling value actually flow in North America — into licensed operators, or offshore — and how does that change state by state?
What’s inside the report
The report combines market sizing, competitive share, and channelization analysis across the U.S. and Canada, including:
— North America in global context (CEB-based rankings).
— Domestic vs offshore split by state models (fully regulated vs betting-only).
— U.S. brand landscape and competitive dynamics.
— Prediction markets: growth and consolidation signals.
Key takeaways
— The U.S. is in a league of its own: $79.8B CEB (2025) and 7x larger than the UK.
— Offshore still dominates overall — but not everywhere: the national average across all analyzed states is 79% offshore vs 21% domestic, while Michigan drops to 25% offshore.
— Prediction markets are consolidating: +256% Blask Index growth (Jan-Dec 2025), with Polymarket at 59.6% share in January (by Blask Index).
Download the report
Download the full report to see the state-by-state breakdowns, brand landscape, and prediction market dynamics: “USA and Canada iGaming Landscape 2025: The Offshore Reality.”