An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, Delaware, and Connecticut, the six states where online gambling is legal in the U.S.
National
Five of the six igaming states sustained declines in gross online-casino revenues in May (assuming Delaware, which hadn’t reported at press time, followed the trend). Total igaming revenue for May in the six states where it’s legal added up to $402.1 million (with Delaware’s total estimated at $1.1 million), down 2.3% from April’s total of $407.2 million.
New Jersey
New Jersey’s $136 million in igaming revenue in May 2022 was a slight .07% decline from April’s $136.9 million and was the third highest total in state history. But it was the second month in a row that New Jersey’s online casinos showed a drop in revenue.
As always, Borgata/BetMGM led the pack with $42.6 million, an increase of 6.3% over April’s $39.9 million. Second-place Golden Nugget Online Gaming’s $33.6 million was a major decline of 11.9% from April’s $38.1 million. Third-place Resorts Digital earned $29.8 million, up 2.4% from the previous month’s $29.1 million.
New Jersey collected its 15% igaming tax of $20.4 million, a negligible .05% down from April’s $20.5 million.
Michigan
Internet gambling earned $127.4 million in May, dropping 3.8% from the state’s record of $132.4 million reported in April. It was the third month in a row that Michigan registered more than $130 million for igaming and the ninth in a row of more than $100 million.
Michigan’s 14 online casino operators paid $32.6 million in taxes and fees, down 3% month to month, with $23.5 million tendered to the state, $6.4 million to city of Detroit, and $2.7 million to tribal governments.
Pennsylvania
Pennsylvania icasinos generated $113.3 million in revenue in May, an increase of 2.8% over April’s $110.2 million, the third month in a row of $110 million in igaming revenue, though just barely, and the only state to register an increase.
Total revenue from online slots, $78.2 million, was a rise of 3% month over month, while online table games earned $32.3 million, a drop of 3.5% from April’s $33.5 million. Online poker’s $2.8 million was the same 3.5% decline from April’s $2.9 million.
Hollywood Casino at Penn National continued to hold its top spot with a gross of $45.5 million, a slight increase of $300,000 over the previous month, with a substantial edge over second-place Rivers Casino’s $26.9 million.
Pennsylvania collected $47.8 million in taxes from igaming in May, up 1.3% from April’s $47.2 million.
West Virginia
For the four-week reporting period from May 1 to May 28 (the state reports weekly results), West Virginia’s revenue from internet casino gambling was $7.7 million, down 4.6% from the slightly more than $8 million reported the previous month. For the first time since February, that was an apples-to-apples comparison with April’s reporting period of 3-30.
Connecticut
In its seventh full month of igaming, Connecticut’s two operators, DraftKings and FanDuel, earned $16.6 million, down a noticeable 10.2% from April’s $18.5 million.
DraftKings and FanDuel paid their 18% in taxes to the Constitution State in April, which came to $3.3 million.
Delaware
For some unknown reason, Delaware hadn’t reported its May igaming revenue more than a week later in the month than it usually does. It’s not difficult, however, to anticipate the numbers, based on past results, and they barely impact the national total: $1.1 million gross, down slightly from April’s $1.2 million to follow the national trend, with roughly 70% of it from slots, 27% from table games, and 3% from poker.
