The United States Igaming Revenue Report – December 2023

January 22, 2024 2:45 PM
Photo: A composite created by CDC Gaming Reports from Shutterstock images
  • Deke Castleman, CDC Gaming Reports
January 22, 2024 2:45 PM
  • Deke Castleman, CDC Gaming Reports
  • Connecticut
  • Delaware
  • Michigan
  • New Jersey
  • Pennsylvania
  • West Virginia

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

National

Total igaming revenue for December 2023 in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $582.2 million, an increase of 26.6%, spread across all states, over December 2022’s $459.9 million.

Michigan

Michigan’s online casinos generated $181.4 million, eclipsing the old record of $175.3 million set the month before. It was also 27.3% higher than the $137.8 million in December 2022.

Michigan’s 14 online casino operators paid $34.1 million, up 11.5% year over year. Of that total, the three Detroit casinos paid $8.4 million, $4.3 million was collected by tribal government, and the rest went to the state.

New Jersey

Revenue earned from online-casino gambling in New Jersey in December totaled $180.3 million, the first time igaming win broke the $180 million mark, setting a new record; it was also an increase of 19.1 % year over year. For the full calendar year, the igaming total was $1.92 billion, reflecting growth of 15.7% as compared to $1.66 billion in 2022.

For the first time, Golden Nugget led the pack, registering $52.8 million, followed by Resorts Digital at $46.1 million and Borgata/BetMGM at $40.6 million.

New Jersey collected $27.1 million in online-gambling taxes in December compared to $22.8 million year over year, a 15.9% increase.

Pennsylvania

Pennsylvania’s igaming revenue in December 2023 was $165.1 million, an increase of 22.7% over December 2022. For calendar 2023, Pennsylvania’s online casinos grossed $1.74 billion, up 28% year over year.

Hollywood Penn National Gaming continues to hold its perch at the top of the list with a gross of $61 million, while second-place Valley Forge earned $41.3 million.

Pennsylvania collected $70.8 million in taxes, compared to last year’s $66.8 million (5.6%).

Connecticut

Connecticut’s revenue from online-gambling in December was $39.4 million, an increase of 54% year over year. DraftKings (Foxwoods) and FanDuel (Mohegan Sun) paid their 18% to the state in taxes, adding up to $7.1 million, a commensurate 53.6% rise over last year’s $4.1 million.

West Virginia

The Mountain State’s igaming revenue for December came in at $14.8 million, the second-highest total for a reporting period. It was also 20% higher than December 2022’s $12.1 million, which set a record at the time. In addition, the reporting period this year was 28 days, compared to 31 last year.

Delaware

Delaware’s December igaming revenue of $1.2 million was the same as in December 2022.

Online video lottery (slot) games once again accounted for the lion’s share of income at $968,263, 8.4% higher than 2022’s $890,894, while table games generated $174,137, representing a significant drop of 33.5% from last year’s $243,899. Online poker revenue plunged from $43,069 to $24,190 (-57%).