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.

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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%).