The United States Igaming Revenue Report — August 2021

September 20, 2021 6:14 PM
  • Deke Castleman, CDC Gaming Reports
September 20, 2021 6:14 PM
  • Deke Castleman, CDC Gaming Reports

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.

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National

Total igaming revenue for August 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to $304.5, a minuscule decrease of .02% from July’s $305 million.

1. New Jersey

New Jersey posted another strong internet gambling win for August of $113.2 million, though not unexpectedly, it was down 4.6% from July’s record win of $118.6 million. The Garden State’s online casino revenue topped nine figures for the seventh time in August and the sixth month in a row. It was a significant 22.5% jump from August 2020’s igaming revenue of $87.8 million.

Borgata continues to lead the pack, logging $37.3 million in online revenue for August, up 2.4% from July’s $36.4 million. Golden Nugget Online Gaming’s $29.8 million was a decline of 11.1% from July’s $33.5 million and widened the gap between New Jersey’s number-one and number-two online-revenue producers. Third-place Resorts Digital earned $21.6 million, an 8.3% drop from July’s $23.3 million.

New Jersey collected $17 million in online-gambling taxes in August, a 4.5% decrease over July’s $17.8 million.

2. Michigan

Michigan’s online casinos produced $97.2 million in revenue in August, a 5.3% increase over July’s $92.3 million and setting a new revenue record with a 2.2% increase over the previous high in March of $95.1 million. It was also the fifth of seven months in which Michigan eclipsed $90 million in igaming revenue. Since opening online in January, igaming has generated $672.6 million in revenue in Michigan.

BetMGM remains the board leader, earning $39.7 million in August, a major 14.9% increase over July’s $33.8 million. FanDuel (Motor City) and DraftKings (Bay Mills) flip-flopped in the second- and third-place rankings yet again, with $14.2 million and $12.6 million, respectively.

The 14 internet casinos paid $17.9 million in state taxes in August, an increase of 4.5% over July’s $17.1 million and the second highest total since January’s. The three Detroit casinos paid the city $4.9 million, a 12.3% jump over July’s $4.3 million, while tribal governments received just under $2 million in tax payments, down 4.2% from July’s $2.1 million.

3. Pennsylvania

Pennsylvania’s online gaming revenue in August, $88.7 million, was up a smidge (.01%) over July’s $88.6 million. It reversed two straight months of declining igaming revenue in the Keystone State.

Total revenue from online slots increased by 4.7%, from $63.2 million in July to $66.3 million last month. Online poker’s $3.2 million was also an increase, up a significant 19% from July’s $2.6 million. Internet table-game revenue, however, plunged to $19.2 million from July’s $22.8 million, a drop of 15.8%, leaving the chin hair of an increase overall.

Penn National Gaming’s $30.5 million continues to lead the pack, though it was a decline of 5% from July’s $32.1 million, itself an 8% decrease from June’s $34.9 million. Second-place Rivers Casino Pennsylvania’s $27.1 million showed a nearly 5% gain over July’s $25.8 million.

Tax revenue generated from August igaming in Pennsylvania was $39.4 million, a increase of 3% over July’s $38.2 million.

4. West Virginia

The Mountain State’s igaming revenue for August retreated from its record high of $4.7 million in July, dropping 4.3% to $4.5 million. Igaming in West Virginia has earned at least $1 million in nine consecutive weeks (the state reports results weekly); the last time it didn’t was for the week ending June 26.

5. Delaware

Delaware’s internet casinos rebounded big time in August, with a win of $912,180, a jump of 13% over July’s $793,017 and the first rise in revenue in four months.

Online video lottery (slot) games once again accounted for the lion’s share of income at $762,502, up 17% over July’s $632,716, while table games generated $150,677, an increase of 16% month over month. Online poker eased off its July gain, falling 3% to $32,332 from $33,309 the month before.