An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, Connecticut, West Virginia, and Delaware, the six states where online gambling is legal in the U.S.
Total igaming revenue for July 2022 in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $388.4 million, an increase of 21.5% over July 2021’s $305 million.
1. New Jersey
For the month of July, the igaming win in the Garden State reported by casinos and their partners was $136.7 million, reflecting growth of 15.2% compared to the $118.7 million for July 2021. Year to date, the internet win through July was $951.2 million, a jump of 26.3% over the $752.9 million for the first seven months of 2021. If this year’s monthly igaming revenues are any indication, New Jersey has now surpassed $1 billion in internet-casino win for the year.
Borgata’s $43 million was nearly 18% more than July 2021’s $36.5 million, while Golden Nugget Online Gaming’s $34.5 million was 3.1% more than the $33.5 million from last year. Third-place Resorts Digital earned $30.5 million, a significant 31% increase from July 2021’s $23.5 million.
New Jersey collected $20.5 million in online-gambling taxes in July 2022, a 13.2% jump from the prior-year’s $17.8 million.
Internet gaming in July earned $126.6 million, up 4.2% from the $121.5 million reported in June. That marked an increase of 27.1% over July 2021’s $92.3 million.
July’s total was also only $9.9 million less than igaming-leader New Jersey’s gross; at its currently trajectory of growth, Michigan could soon eclipse New Jersey as the biggest igaming market in the U.S. It’s also nearly 10 times more than the online sports-betting win; year to date, igaming has earned just under $800 million, while remote sports betting has taken in just over $88 million.
Michigan’s 14 online-casino operators paid $24.1 million in taxes, which included $6.5 million to the city of Detroit and $2.7 million to the tribal governing bodies.
Pennsylvania’s online casino games generated $98.6 million in July 2022, compared to $88.7 million in July 2021, an increase of 11.15%.
Total revenue from online slots accounted for $71.9 million, a 13.2% increase over July 2021’s $63.2 million. Tables games won $23.9 million, 4.5% more than last year’s $22.9 million. Online poker’s $2.8 million was a 6.5% rise over the $2.6 million of July 2021.
Penn National Gaming’s $38.6 million was a 16.9% increase over the $32.1 million year over year, while second-place Rivers Casino Pennsylvania’s $24.7 was a rare drop of 4.3% from July 2021’s $25.8 million.
Tax revenue generated from July igaming in Pennsylvania was $43.1 million, an 11.4% increase from $38.2 million last year.
Connecticut’s two main online-casino operators, DraftKings and FanDuel, in July earned $9.5 million and $7.2 million, respectively. Year-over-year numbers won’t show up until early next year, but compared to June 2022, the total of $16.7 million was up a bit, 2.3% more than June’s $16.3 million and the highest total since April.
Connecticut has two other igaming operators, the Mashantucket (Western) Pequot Tribal Nation and the Mohegan Tribe On-Reservation, but even combined, their revenues are a rounding error.
5. West Virginia
The Mountain State’s igaming revenue in July 2022 was $8.5 million, a year-over-year increase similar in scale to Delaware’s (below) at 55.3%. And to think that July 2021’s win was the first time West Virginia showed a $1 million win for every week of the month (the state reports weekly, rather than monthly). July’s reporting period was the 1st through the 30th.
West Virginia’s fiscal year ended on June 30; the state won $86 million in online casino games from a handle of nearly $2.6 billion wagered over the year.
Online-gambling operators domiciled in Delaware set a new record last month by winning $1.3 million from internet gamblers; it was roughly 65% more than last year’s tally of $843,117.
Online video lottery (slot) games once again accounted for the lion’s share of income at slightly more than $1 million, up a commensurate 63% year over year, while table games generated $165,378, an increase of 23.3% from last year. Online poker earned $43,944, up 24.2% from 2021’s $126,992.