San Juan – Sports betting in Puerto Rico is booming. According to official figures reported by El Vocero and confirmed by the Puerto Rico Gaming Commission, the total handle for the fiscal year 2024–2025 (through May) reached an impressive $313.1 million, almost double the $156.8 million wagered in the previous year.
This 99.7% year-over-year growth signals a strong upward trend in the island’s regulated gaming sector. Despite the massive jump in betting activity, the fiscal impact remains moderate: tax revenues rose from $2.14 million to $2.17 million, a gain of only $32,038, suggesting the need for tax structure reviews.
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Loraine Irizarry, head of the Betting Division, noted that the growth aligns with increased public awareness, mobile betting penetration, and broader operator expansion. Experts highlight that Puerto Rico’s mix of U.S. regulatory alignment and Latin American cultural proximity makes it a unique testing ground for sportsbook models in the region.
As operators eye Caribbean markets, Puerto Rico is positioning itself as a key node in the Americas' betting landscape, with potential for even more explosive growth if taxation and platform innovation evolve.
