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.
National
Total igaming revenue for July 2023 in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $482.6 million compared to $388.4 million in July 2022, a leap of 19.5%, as the six states continue their march toward a half-billion per month.
Rhode Island will become the seventh state with legal online slots and table games when they go live on April 1 of next year. Bally’s will be the sole igaming operator in Rhode Island (along with third-party partner Stakelogic).
1. New Jersey
The igaming win in the Garden State reported by casinos and their partners in July 2023 was $155.2 million, reflecting growth of 12% compared to the $136.7 million for July 2022. The total put New Jersey’s year-to-date igaming win over $1.1 billion, compared to $951.2 million over the first seven months of 2022, a 13.6% increase.
Borgata’s $43 million put it back in first place again, after being superseded last month for the first time by Golden Nugget, though Borgata’s total was flat year over year. Resorts Digital placed second, earning $40.6 million, a substantial increase of nearly 25%, while Golden Nugget dropped to third with $39.8 million, a 23.3% increase.
New Jersey collected $23.2 million in online-gambling taxes in July 2023, an 11.6% jump over July 2022’s $20.5 million.
2. Michigan
Internet gaming in Michigan in July earned $153.6 million, up 17.6% from the $126.6 million last year. It was only a million and a half less than New Jersey, as the two top igaming states continue to jockey for hegemony.
Michigan’s 15 online-casino operators paid $28.7 million in igaming taxes, with Detroit’s three commercial casinos paying $7.2 million to the city and the Native casinos ponying up $3.5 million to their tribes.
3. Pennsylvania
Pennsylvania’s online casino games generated $129.9 million in July compared to $98.6 million in 2022, an increase of 24%.
Total revenue from online slots accounted for $94.8 million, a 32% increase over July 2022’s $71.9 million. Table games won $35.4 million, a major 48% surge over last year’s $23.9 million. Online poker’s $2.6 million was a 7.1% drop from last year’s $2.8 million.
Penn National Gaming’s $54.4 million registered a 28% jump over 2022’s $38.6 million, while second-place Valley Forge won $29.2 million, a veritable explosion of 67.4% compared to the $17.5 million in July 2022.
Tax revenue generated from July igaming in Pennsylvania totaled $57.3 million compared to $43.1 million, up 24.8% year over year.
4. Connecticut
Connecticut’s two main online-casino operators, DraftKings and FanDuel, in July earned $28.2 million from igaming compared to $16.7 million in 2022, up a whopping 40.8%; it was also a drop of 10.5% month over month, even though the handle was up 16.4% to $1.14 billion.
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.
All told, igaming earned Connecticut $5.1 million in taxes for the month.
5. West Virginia
The Mountain State’s igaming revenue in July 2023 was $14.4 million, the second-best total since online casinos were launched in August 2020. The record was set only a month earlier at $16.4 million; July’s total was also up 41% year over year. Though it’s rarely an apples-to-apples comparison with West Virginia reporting weekly, the reporting periods for July this year and last were both 35 days.
6. Delaware
Online-gambling operators domiciled in Delaware won the usual $1.2 million from internet gamblers, though it was down from the record-setting $1.3 million in July 2022, a drop of 8.3%.
Online video lottery (slot) games once again accounted for the lion’s share of income at $915,639, down 9.2% year over year, while table games generated $221,187, an unusually large increase of nearly 25% compared to July 2022. Online poker earned $44,861, up 2.2%.
