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 January 2024 in Pennsylvania, New Jersey, Michigan, Connecticut, West Virginia, and Delaware added up to $615.4 million, a major increase of 22.7% over January 2023’s total of $476 million.
Pennsylvania
Online casino gaming in Pennsylvania generated $189.3 million in January 2024 as compared to $133.1 million in January 2023, an increase of nearly 30%. It was the fifth month in a row that the Keystone State broke the $186 million mark and flip-flopped again with New Jersey and Michigan to lead the nation in igaming revenue.
Total revenue from online slots was $149.8 compared to $90.2 million last year, while online table games earned $36.9 million, down from $40 million, and online poker’s $2.7 million was a slight drop from last year’s $2.9 million.
Pennsylvania collected a record $55.6 million in taxes, a major 23.6% jump over the previous period.
New Jersey
For the month of January 2024, New Jersey’s internet-gaming win was $183.3 million, reflecting growth of 19.9% compared to $152.9 million in January 2022.
Golden Nugget generated $52.2 million in online-casino revenue compared to $40.6 million in January 2022. Resorts World earned $49.3 million compared to $40.2 million. And Borgata/BetMGM has become a distant third, after leading the pack for many years, at $42 million compared to $40.8 million last year.
New Jersey collected $27.4 million in taxes for the month, a commensurate 19.7% increase over the $22.9 million in January 2023.
Michigan
Michigan’s online casinos set another record for igaming revenue in January: $181.9 million for slot, table, and poker play. It surpassed the old record of $181.4 million by only $500,000, but it’s still the new standard to beat. January 2023’s igaming revenue also set a record at $153.7 million; this year’s total was an increase of 15.5% over that record.
BetMGM remains the board leader with $48.3 million, though it was down from last year’s $52.8 million. Second-place FanDuel (Motor City) earned $42.9 million, up from $28.9 million year over year.
Michigan’s 14 online casino operators paid 41.4 million in taxes compared to $34.6 million in 2022. Upwards of $30 million went to the state, with the rest going to the city of Detroit and tribal governments.
Connecticut
Igaming in Connecticut jumped 37.3% in January 2024 at $41.5 million. It was the second month in a row the state’s online casinos surpassed $40 million, though December’s $44.2 million set the all-time record.
DraftKings and FanDuel, the two main online-casino operators, paid $6.4 million in taxes to the state, close to $2 million more than January 2023’s total of $4.4 million.
West Virginia
Like Michigan and Connecticut, in January 2024, West Virginia igaming operations set a new revenue record at $16 million, a full 31.9% higher compared to January 2023’s $10.9 million. The reporting period (West Virginia calculates by the week) was the same 29 days as last year.
Delaware
The big news for the month involves Delaware.
The First State was, indeed, the first in the U.S. to launch an internet casino in late 2013 and has been a single-operator igaming platform ever since (888 in a partnership with the Delaware Lottery). 888’s 10-year contract expired in December and BetRivers took the reins. It’s immediately clear that 888 was underperforming; in its first full month of operations, BetRivers, owned by Rush Street Interactive, more than doubled the highest-month’s revenue and that was without poker.
In January, BetRivers won $3.4 million, beating by a long shot the previous record of $1.5 million.
In all new — and surprising — numbers, online slots won $2.4 million, thanks to a much larger choice of games, while table games took in $1 million, typically five times more than in the past.
Delawareans are, at least temporarily, without internet poker. 888 pulled its poker platform and BetRivers hasn’t installed its own yet; that’s expected later this year.
The change in operators and sudden leap in revenue are good news for Rhode Island, which will launch its own single-operator igaming market on March 1.
