An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, Delaware, and Connecticut, the six states where online gambling is legal in the U.S.
National
Internet casino gambling set revenue records in Michigan and Delaware in April 2022, Michigan for the second month in a row. Total igaming revenue for April in the six states where it’s legal added up to $407.2 million, a slight 0.7% drop month to month.
New Jersey
New Jersey’s $136.9 million in igaming revenue for April fell 2.7% short of the all-time record of $140.7 million set in March and came in a scant 0.7% from placing number two, only $900,000 less than January’s $137.8 million.
As always, Borgata/BetMGM led the pack with $39.9 million, though it was 3.6% less than March’s $41.4 million in win and only $1.8 million more than second-place Golden Nugget Online Gaming’s $38.1 million, one of the smallest spreads in the recent past. Third-place Resorts Digital earned $29.1 million, down 5.5% from March’s $30.8 million.
New Jersey collected its 15% igaming tax of $20.5 million, down a commensurate 2.9% from March’s record $21.1 million.
Michigan
For the second month in a row, Michigan set a new record for igaming at $132.4 million, an increase of a little more than a half-percent than March’s record of $131.7 million, but enough for a new revenue bar. It was also the second month in a row that Michigan registered more than $130 million for igaming and the eighth month in a row of more than $100 million.
Michigan’s 14 online casino operators paid $33.6 million in state taxes and fees, with $6.6 million going to the city of Detroit and $2.7 million collected by tribal governments.
Pennsylvania
Pennsylvania icasinos generated $110.2 million, a drop of 6.7% from March’s record-setting $118.1 million, though it was the second month in a row that online-gambling revenue surpassed $110 million and the fifth month in a row above $100 million.
Total revenue from online slots, $76.6 million, was a decline of 3.3% month over month, while online table games earned $33.5 million, down 6.2% from March’s $35.7 million. Online poker’s $2.9 million was a 9.4% decline from March’s $3.2 million.
Hollywood Casino at Penn National continued to hold its top spot with a gross of $45.2 million, an increase of $200,000 over the previous month, with a substantial edge over second-place Rivers Casino at $28.8 million.
Pennsylvania collected $47.2 million in taxes from igaming in April, down from March’s $49 million (-4.7%).
West Virginia
For the four-week reporting period in April (the state reports weekly results), West Virginia’s revenue from internet casino gambling was slightly more than $8 million. That was a major 22.3% drop from the $10.3 million of the previous period, but that can be attributed to comparing five weeks (between late February and early April) and four. In the week-by-week comparison, March and April were very close, $2.07 million and $2.01 million, respectively.
Connecticut
In its sixth full month of igaming, Connecticut’s two operators, DraftKings and FanDuel, earned $18.5 million, up 1.1% over March’s, $18.3 million, but $300,000 (1.6%) lower than the record $18.8 million set in January.
DraftKings and FanDuel paid their 18% in taxes to the Constitution State in April, which came to $3.4 million, basically unchanged from March.
Delaware
Delaware’s April igaming revenue was $1.2 million, which set a record for an all-time high; it was 16.6% higher than March’s $1 million and 9% higher than the previous record of $1.1 million set in January. It was also the fourth of five months that igaming in Delaware surpassed the seven-figure mark.
Online video lottery (slot) games once again accounted for the lion’s share of income at $858,241, though it was a 4.4% decline from March’s $897,266. Table-game revenue of $328,597, on the other hand, was surprising, soaring nearly 500% more than March’s $68,754. Online poker revenue was a tad more than $35,000, 2.8% lower than last month.
