An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, West Virginia, Delaware, and Connecticut, the six states where online gambling is legal in the U.S.
National
Total igaming revenue for November 2022 in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware added up to $463.3, an increase of 26.5% over the $340.3 million in November 2021.
1. New Jersey
For the month of November 2022, the igaming win in the Garden State was $146.2 million, 23.9% higher than the $118 million in November 2021. With one reporting month to go in the year, online gambling has posted gross revenue of $1.51 billion as compared to last year’s $1.23 billion.
As always, Borgata/BetMGM led the pack with $44.3 million in revenue, a jump of 31.3% over 2021’s $33.7 million, while Golden Nugget Online Gaming’s $37.7 million was 18.7% higher year over year and barely edged out third-place Resorts Digital at $37.4 million, up from $27.8 million (34.2%) the previous year.
New Jersey collected $21.7 million in online-gambling taxes in November, reflecting the across-the-board increase in revenue, compared to $17.7 million (18.5%) in November 2021.
2. Michigan
Michigan’s online casinos set another record in November, generating $145.4 million and besting the previous record, set one month earlier, of $141 million. In addition, it was a mere $800,000 (0.5%) less than New Jersey’s monthly total, which it should overtake for the number-one igaming spot soon. And it was a substantial 35.2% higher than the $107.6 million in November 2021.
Like in New Jersey, BetMGM remains the board leader with $53.6 million, while second-place FanDuel (Motor City), with $27.1 million, blew by third-place DraftKings (Bay Mills) with $23.3 million.
Michigan’s 14 online casino operators paid $38.6 million in taxes overall, of which $27.1 million went to the state, the rest to the city of Detroit and the tribal governments.
3. Pennsylvania
Pennsylvania’s online gaming revenue in November was $128.7 million, a significant increase of 27% as compared to last year’s $93.9 million. Like in Michigan, it also broke its own igaming-revenue record of $124.5 million set one month earlier.
Total revenue from online slots, $86.6 million, increased a commensurate 26.7% year over year, with online table games up from last year’s $27.7 million to $39.5 million (a whopping 42.8%) and online poker down from $2.8 million to $2.5 million (7.7%).
Penn National Gaming’s continues to hold its perch at the top of the list with a gross of $55.7 million as compared to November 2021’s $37.4 million, up 33%, while second-place Rivers Casino Pennsylvania’s $27.5 million was a 12% increase from $24.2 million year over year.
Pennsylvania collected $53.5 million in taxes in November, compared to last year’s $39.1 million (27%), also a monthly record.
4. Connecticut
In its first full year-over-year comparison (igaming launched in Connecticut in October 2021), the Constitution State recorded $28.8 million in online-gambling revenue, more than double the gross of $13.9 million of November 2021, the first full month. FanDuel and DraftKings paid a combined $3.9 million to the state in taxes, a 58% increase over the nearly $2.5 million they paid in November 2021.
5. West Virginia
The Mountain State’s igaming revenue for November came in at $13.2 million, continuing the trend of vastly increased online win at nearly 450%. Of course, given that West Virginia reports igaming revenue weekly, instead of the usual monthly, the year-over-year comparison is misleading; this year’s reporting period spanned five weeks, while last year’s was only four.
6. Delaware
Unlike New Jersey, Michigan, Pennsylvania, and West Virginia, Delaware’s November igaming revenue of $987,423 dropped from $996.639, though only by 1%. Still, it was a substantial decrease from October 2022’s $1.2 million (-18.4%), which was a major 22.4% increase over October 2021.
Online video lottery (slot) games once again accounted for the lion’s share of income at $803,671, an increase of 4.6%, while table games generated only $149,433, a major dump of 24% from November 2021’s $196,488. Online poker revenue rose slightly to $34,318, up from $33,361 (2. 8%) year over year.
