An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, and Delaware, the five states where online gambling is legal in the U.S.
National
Total igaming revenue for May 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to $309.6 million, an increase of 6% over April’s $291.3 million, though still $2 million short of March’s record-setting $311.6 million.
1. New Jersey
The Garden State’s online casino revenue topped nine figures for the fourth time in May and the third month in a row. In May, New Jersey web-based gambling operators netted $108.2 million, up 0.4% over April’s $107.7 million. However, May had one day more revenue than April; in an apples-to-apples comparison, May’s igaming revenue actually dropped 2.8%. Also, both months remain 5% or so lower than March’s record high of $113.7 million.
Still, it’s notable that New Jersey’s igaming revenues continue to climb, even though Atlantic City’s brick-and-mortar casinos are fully open. Capacity limits in the casinos were lifted on May 19, so the year-over-year increase of just under 26%, from May 2020’s total of $85.9 million, is significant.
Borgata’s $32.8 million was essentially the same as May, but it beat Golden Nugget Online Gaming’s $31.1 million by 5.2%, widening its share as the market leader; Borgata has bested GNOG three months in a row. Resorts Digital comes in at third, with $17.7 million in April.
New Jersey collected $16.3 million in online-gambling taxes to the state in May, up 1.3% over April’s $16.1 million.
2. Pennsylvania
After registering a drop of nearly 8% in April following a record-setting $97.7 million in March, Pennsylvania’s igaming revenues in May surged to above $100 million for the first time. The combined internet revenues (slots, table games, and poker) hit $101.3 million, an increase of 9.3% month over month. Pennsylvania became the second state to achieve nine figures in online revenues; New Jersey hit that milestone in January.
Total revenue from online slots came in at $67.2 million, up 7% from April’s $62.6 million, while table games produced $31.4 million, up nearly 12% over April’s $27.7 million. Online poker’s $2.6 million was an increase of 7.7% over April’s $2.4 million.
Penn National Gaming’s $41.3 million in May earned the highest market share, as usual, but was a substantial 18.2% higher than April’s $33.8 million, while second-place Rivers Casino Pennsylvania earned $27 million, a point and a half higher than April’s tally of $26.6 million.
Tax revenue generated from May’s igaming in Pennsylvania was $41.7 million, a jump of 7.5% from April’s $38.6 million.
3. Michigan
Michigan’s fourth full month of igaming saw a definite rise in revenue, with operators earning $94.9 million compared to $88.9 in April, an increase of 6.3% month over month. Michigan now boasts 13 online casinos, after PointsBet debuted on May 4 and Play Gun Lake logged its first full month of revenue.
BetMGM led the pack with $36 million, though it was a slight 2.2% drop from April’s $36.8 million. FanDuel (Motor City) and DraftKings (Bay Mills) placed second and third, with $16.3 million and $15.7 million, respectively.
The 13 internet casinos paid $18.1 million in state taxes on May’s revenues, up 1.7% from April’s $17.8 million. The three Detroit casinos paid the city $5.2 million, while tribal governments received $1.9 million tax payments.
4. West Virginia
The Mountain State set a new all-time record in May for igaming revenues, rising a noteworthy 14% over April’s $3.8 million to hit $4.3 million, $400,000 higher than the previous record of $3.9 million set in March of this year. The increase can be attributed in large part to the partnership between FanDuel and the Greenbrier, the historic luxury resort near White Sulphur Springs. It’s West Virginia’s fourth online casino, which went live in early May.
Like in Michigan, BetMGM took the top spot in market share with $1.9 million, though DraftKings wasn’t far behind at $1.7 million.
5. Delaware
Completing the sweep of rising revenues from all five web-based-gambling sdtates, Delaware’s net rose from $874,000 in April to $910,300 in May for a plus 4%.
Online video lottery (slot) games once again accounted for the lion’s share of income at $732,000, up 4.3% over April’s $708,000, while table games generated $143,000, a rise of 10.5% over April’s $128,000. Online poker was the only blot on Delaware’s record, with revenue of $35,250, compared to $38,220 in March, down 7.8%.
