An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, and Delaware, the five states where online gambling is legal in the U.S.
National
Total igaming revenue for April 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to $291.3 million, down 6.6% from March’s record-setting $311.6 million.
1. New Jersey
The Garden State’s online casino revenue topped $100 million for the third time in April, though it fell short of the record set in March. April’s $107.7 million was down 5.3% from March’s all-time high of $113.7 million, but was a significant 35% increase over April 2020 when all Atlantic City brick-and-mortar casinos were closed. Capacity limits in the casinos were finally lifted on May 19, so apple-to-apple comparisons for igaming revenue will return in June.
Borgata’s $32.8 million beat out Golden Nugget Online Gaming’s $32.4 million by a mere 1.3%; it was the second month in a row that Borgata took the top spot in revenues. It’s a neck-and-neck race; year to date, Borgata is a nose ahead at $123.4 million to GNOG’s $123.2 million. Resorts Digital comes in at third, with $19.6 million in April and $83.6 million year to date.
New Jersey collected $16.1 million in online-gaming taxes in April, down 5.1% from March’s record $17.1 million.
2. Pennsylvania
Pennsylvania’s igaming revenue for April 2021 registered a month-to-month drop that was similar to New Jersey’s; its $90 million was down 7.9% from March’s record-setting $97.7 million. Year-over-year comparisons won’t kick in until July, as igaming in the Keystone State kicked off in July 2019.
Total revenue from online slots came in at $62.6 million, down 5.2% from March’s $66 million, while table games produced $27.7 million, down 4.5% from $29 million the previous month. Online poker’s $2.4 million was the same as it was in March.
Penn National Gaming’s $33.8 million in April 2021 remained at the top of the heap, down only .6% from March, while second-place Rivers Casino Philadelphia’s $26.6 million registered a drop of 1.5% from March’s $27 million.
Tax revenue generated from April igaming in Pennsylvania was $38.6 million, down 5.6% from March’s $40.9 million.
3. Michigan
Michigan’s third full month of igaming saw a slightly larger drop in net igaming revenues (Michigan reports gross revenues minus promotional expenses) to New Jersey’s and Pennsylvania’s in April. Its $88.9 million net was down 6.6% from the previous month. For the second month in a row, however, the Great Lake State was essentially even with Pennsylvania’s $90 million.
BetMGM led Michigan’s 11 online casinos with $36.8 million, a major bump up (16.4%) from March’s $30.8 million and a 41.3% market share, up nearly 9% month over month. FanDuel and DraftKings placed second and third, respectively, with $14.1 million and $14 million in revenue.
The 11 internet casinos paid $17.8 million in state taxes for the month of April.
4. West Virginia
The Mountain State’s igaming revenues dropped slightly to $3.8 million, down only $100,000 from March’s record-setting $3.9 million (2.5%). Like in Michigan, BetMGM took the top spot in market share with $1.9 million, though DraftKings wasn’t far behind at $1.7 million. The state took its 15% privilege tax on the win of $570,000, down $15,000 from March’s $585,000.
5. Delaware
Delaware completed the across-the-board decline in igaming revenue for April 2021 with $874,000 net, down 2.7% from March’s $898,000.
Online video lottery (slot) games once again accounted for the lion’s share of income at $708,000, up 3.8% from March’s $681,000, while table games generated $128,000, down a substantial 29.1% from March’s $178,000. Poker revenue rose for the first time in months, up 3.2% from March’s $37,000 to $38,220.
