The United States Igaming Revenue Report — July 2020

Wednesday, August 19, 2020 8:00 PM

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

Pennsylvania

Even with all of Pennsylvania’s brick-and-mortar casinos open in July, online casino and poker revenue for the month totaled $54.4 million, up from $50 million in June (8%) and nearly breaking the record high of $55.8 million set in May.

Total slot revenue was $39.4 million, up 6% over June’s $36.8 million, while table games produced just under $12 million, up from $10 million (17%) in June. Poker raked in slightly less than $3 million in July.

As usual, Rivers Philadelphia was the main beneficiary of igaming in Pennsylvania for total revenue for slots ($13.9 million). Valley Forge led at the table games with $4 million.

Online gambling in July accounted for $23 million in state and local taxes.

As good as they were, August’s numbers could be equal to or greater than July’s, with two more online casinos, Wind Creek and Play Live! launching their igaming product this month.

New Jersey

Online gambling in New Jersey did even better than in Pennsylvania, setting a new record by bringing in $87.5 million in July, beating May’s $85.9 million by nearly 2%. Even though Atlantic City casinos opened early in the month, it’s clear that the health and safety protocols — no indoor dining or drinking, limited capacity, mandatory masks, and a smoking ban — kept players gambling on the devices at home.

Online poker also set a new record, thanks to the World Series of Poker’s 31-day U.S. tournament, open only to players in New Jersey and Nevada. The $4.8 million rake was an increase of 36% over June’s $3.5 million.

As is typical, the Golden Nugget took a 34% igaming market share, setting a new record of $31.5 million, up 8% month over month.

With some major league sports returning in July, online sports betting registered $27 million in revenue, an increase of more than double June’s $12.6 million.

In July, New Jersey collected a total of $14.8 million in online-gaming taxes, up 9% over June.

Delaware

Unlike Pennsylvania and New Jersey, Delaware’s online-gambling numbers were down from June. Delaware posted revenues of $705,533 in July, a drop of 27% from June’s $964,607.

Video lottery games were again the main source of income, generating $560,552, down 24% from June’s 737,000, while table games took in $82,376, down 52% month over month. Poker rake and fees accounted for $62,604, up 8% over June’s $57,700.

West Virginia

Igaming in West Virginia launched on July 15, when DraftKings’ online-gambling product went live. According to the West Virginia Lottery Commission, the first four weeks of legal online gaming recorded a handle of $37.2 million and revenue of $824,639. Full month-of-August numbers will be available next month at this time; West Virginia’s igaming revenue isn’t included in the national numbers for July below.

National

Total igaming revenue for July 2020 in Pennsylvania, New Jersey, and Delaware added up to $142.6 million, 5% higher than June and almost exactly May’s total of $142.8 million.

Though New Jersey smashed all igaming records for the state in July, overall, May 2020 remains the record-holder nationally, though just by the slightest (.15%) of margins.