Michigan snatches national online casino throne from New Jersey

Michigan snatches national online casino throne from New Jersey

Article brief provided by US Bets
  • Mike Seely, US Bets
February 20, 2024 8:02 PM
  • Mike Seely, US Bets
  • United States
  • Michigan

Despite what American Gaming Association CEO Bill Miller referred to as “measured” growth compared to the state-by-state spread of mobile sports betting, the AGA reported that online casino revenue grew 23% year-over-year in 2023, with Michigan narrowly bouncing New Jersey out of the top spot among states that have fully operational online casino markets.

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Of that half-dozen, Michigan, New Jersey, and Pennsylvania accounted for about 90% — or $5.6 billion — of the $6.2 billion in national online casino revenue in 2023. Online gaming made up 24.7% of all commercial revenue in 2023, a figure that includes mobile sports betting.

Brick-and-mortar casinos also continued to thrive, as the nation’s 1,011 commercial properties grossed $49.4 billion in 2023, up 3.3% from the year before.