An overview of igaming revenue in Pennsylvania, New Jersey, Michigan, Connecticut, West Virginia, and Delaware, the only six states where online gambling is legal in the U.S.
Total igaming revenue for May in the six states where it’s legal added up to $528 million, a flying leap of 23.8% over May 2022’s total of $402.1 million.
Pennsylvania icasinos charged into first place for revenue earned in May with $170.4 million, beating out perennial New Jersey and sometime upstart Michigan. It was the second highest monthly total in the Keystone state’s internet-gambling history, the sixth straight month of $160 million or more, and the second time in three months of a total greater than $170 million. It was also a whopping 33.5% higher than May 2022’s $113.3 million.
Hollywood Casino at Penn National continued to hold its top spot with a gross of $71.4 million, just shy of double the $35.9 million won by second-place Rivers Casino at $35.9 million.
Pennsylvania collected $53.7 million in taxes from igaming in May, up 11% over last year’s $47.8 million.
New Jersey reported an igaming win in May of $161.4 million, reflecting growth of 18.7% compared to the $136 million from May 2022.
As always, Borgata/BetMGM led the pack with $44 million, an increase of 3.2% year over year. But second-place Golden Nugget at $43.5 million and third-place Resorts Digital at $41.7 million were right on BetMGM’s heels.
New Jersey collected its 15% igaming tax of $24.2 million, 15.7% more than May 2022’s $20.4 million.
Internet gambling earned Michigan icasinos $150.6 million in May, a slight drop from April, but 18% higher than the $127.4 million of a year earlier. The total placed it in the top-five all-time wins for the online operators.
Michigan’s 14 internet casinos paid $38.4 million in total taxes, up 15.1% year over year, with $28 million going to the state and $10.4 million tendered to the city of Detroit and tribal governments.
Connecticut’s two operators, DraftKings and FanDuel, earned $26.4 million in revenue, the second-highest monthly total on record and a growth rate of 27% over last year’s $16.6 million.
DraftKings and FanDuel paid their 18% in taxes to the Constitution State in May, which came to $4.8 million.
For the four-week reporting period from May 6 to June 2 (the state reports weekly results), West Virginia’s revenue from internet casino gambling was $18 million, up from $7.7 million during last year’s reporting period. Last year’s and this year’s reporting periods were the same 28 days, which makes the increase of $10.3 million this year extremely impressive — from the casinos’ point of view.
Delaware igaming revenue held steady at $1.2 million overall, essentially unchanged from May 2022. Video lottery terminals (slots) earned $976,879, table games took in $216,554, and the online-poker rake was $38,318.