Internet casino gaming revenue totals $634.8 million in May

Tuesday, July 2, 2024 3:32 PM
Photo: Shutterstock
  • Chris Altruda, USBets

Operators in the seven states that offer internet casino gaming combined to generate $634.8 million in gross revenue for May, with all seven generating at least $1 million in taxes for the first time.

Rhode Island, which was the most recent state to launch (March), had its first seven-figure inflow into its state coffers after the Rhode Island Lottery reported Bally’s paid $1.1 million in taxes for May. Operating a de facto monopoly in the smallest state in the U.S., the $2.2 million Bally’s claimed in revenue was up 8.4% from its first full month of business in April.

Michigan led the group with $198.6 million in gross revenue, while New Jersey led in adjusted gross internet casino revenue with $192.1 million.