An overview of igaming revenue in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan, the five states where online gambling is legal in the U.S.
Pennsylvania
Reflecting February’s shortened 28-day month, Pennsylvania’s seven-month streak of record igaming revenue that started in July 2020 ended last month. Total igaming earnings in the Keystone State added up to $77.8 million, down 3.3% from January’s record revenue of $80.4 million. Still, it was roughly 300% higher than January 2020, the fifth full month of igaming in the state.
Total revenue from online slots accounted for $50.6 million, down 0.8% from January’s $46.2 million. Online table-game revenue was down 7.5% to $24.7 million from January’s $26.7 million. Online poker’s $2.5 million was also down 7.5% from $2.7 million the previous month.
Penn National Gaming’s Hollywood Casino ranked first in igaming revenue at $28 million, leading second-place Rivers Casino Philadelphia in both slots and table games; Rivers’ igaming revenue came it at just under $18 million for the month.
Tax revenue generated from February igaming was $31.6 million, down 2% from January’s record $32.2 million.
New Jersey
It was the same story in New Jersey as it was Pennsylvania, a drop in igaming revenue due to the short month. The Garden State’s online-casino earnings fell to $91.3 million, down a substantial 12% from January’s $103.7 million, the first time the figure breached the $100 million mark. Online poker showed a similar decline, down to just under $2.5 million from January’s $2.7 million, a decrease of 9.5%.
Golden Nugget Online Gaming remains New Jersey’s number-one internet casino; its igaming revenue fell 9% to $27.9 million in February, down from $31 million in January. Borgata registered revenue of $25.7 million, down 10.5% from January’s $28.7 million.
Online poker was down 7.5% to $2.5 million from January’s $2.7 million, itself a 10% drop from December’s $3 million.
For the month, New Jersey collected $14 million in online-gaming taxes, down slightly less than 10% from January’s $15.5 million.
Delaware
Delaware’s micro igaming market bucked the trend of its two big neighbors, showing a gain month over month of 1.7% with $751,291 in revenues over January’s $738,525.
Online video lottery (slot) games once again accounted for the lion’s share of income at $597,412, up 2.2% over January’s $584,443, itself a 15.7% increase over December’s $505,000. Table games generated $114,684, essentially unchanged from January’s $114,449. Poker fell slightly to $39,193, down a mere 1.1% from January’s $39,632 in rake and fees.
West Virginia
Like Delaware, the Mountain State’s igaming revenues rose despite the short month, but unlike Delaware, the percentage increase was significant. February’s $3.4 million was a 17.7% increase over January’s $2.8 million and set a new record for the young market. The win contributed $510,000 in taxes to the state, up from January’s $420,000.
Michigan
Michigan’s first full month of igaming saw $79.7 million in revenues, after a showing of $29.4 million in its first 10 days of operation in January. Michigan’s igaming revenues surpassed Pennsylvania’s by $1.9 million.
BetMGM led the Great Lake State’s 11 online casinos with $26.9 million in igaming revenue, a 33.8% market share. Two online casinos — Barstool and Four Winds — launched in February, joining the nine that came online in January.
The 11 internet casinos paid $14 million in state taxes for the month of February.
National
Total igaming revenue for February 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to slightly less than $253 million, a 14.3% increase over January’s $217 million. Michigan accounted for 31.5% of the month’s total.
