The United States Igaming Revenue Report – April 2023

Thursday, May 18, 2023 8:30 AM
Photo:  A composite created by CDC Gaming from Shutterstock images
  • Connecticut
  • Delaware
  • Michigan
  • New Jersey
  • Pennsylvania
  • West Virginia
  • Deke Castleman, CDC Gaming

An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online gambling is legal in the U.S.

National

Total igaming revenue for April 2023 in the six states where it’s legal added up to $475.7 million as compared to $407.2 million in April 2022, an increase of 14.4% year over year.

New Jersey

For the month of April 2023, the internet-gaming win in the Garden State was $158.9 million, reflecting growth of 16.1% compared to $136.9 million for April 2022. New Jersey’s igaming revenue outpaced Michigan’s for the first time in three months.

As always, Borgata/BetMGM led the pack with $43.2 million, an increase of 7.8% year over year. Second-place Resorts Digital and third-place Golden Nugget were neck and neck and right on Bet/MGM’s tail at $41.69 million and $41.65 million, respectively.

New Jersey collected its 15% igaming tax of $23.7 million, up 13.5% compared to $20.5 million in April 2022.

Michigan

Michigan sustained a rare loss in online-gambling revenue month over month after setting a new record in March, but its $143.4 million was still 7.6% higher than April 2022’s $132.4 million.

Michigan’s 14 online-casino operators paid a total of $29.4 million in igaming taxes, with $8.1 million going to the city of Detroit, $3.6 million helping to support tribal organizations, and $17.7 million submitted to the state.

Pennsylvania

Pennsylvania icasinos generated $134.5 million in April as compared to $110.2 million in the previous period, a 19.1% increase.

Total revenue from online slots, $95.6 million, jumped nearly 20% over last April’s $76.6 million, while online table games earned $38.9 million, 14.9% higher year over year. Online poker’s $2.7 million was a 6.9% drop from April 2022’s $2.9 million.

Hollywood Casino at Penn National continued to hold its top spot with a gross of $58.5 million, a substantial 22.7% rise year over year and nearly double the second-place Valley Forge’s $31.2 million.

Pennsylvania collected $58.3 million in taxes from igaming in April as compared to $47.2 million in April 2022 (19%).

West Virginia

For the four-week reporting period in April (4/2-28), West Virginia internet casinos won $12.1 million, a major decrease month over month, but a jump of 33.9% over last year’s $8 million. It’s never an apples-to-apples comparison; in April 2022, the reporting period was one day longer.

Connecticut

Connecticut’s two online-casino operators earned $25.5 million in April, down from March’s $28.6 million, but up from April 2022’s $18.5 million by a significant 27.5%.

DraftKings and FanDuel paid their 18% in taxes to the Constitution State in April, which came to $4.5 million, a commensurate increase of nearly 25% over the previous period.

Delaware

Delaware’s April igaming revenue came to $1.3 million, 7.6% higher than the $1.2 million in April 2022.

Online video lottery (slot) games once again accounted for the lion’s share of income at $1.06 million, while table games earned $195,118 and online poker raked $33,540.