The United States Igaming Revenue Report — January 2021

February 23, 2021 9:02 PM
  • Deke Castleman, CDC Gaming Reports
February 23, 2021 9:02 PM
  • Deke Castleman, CDC Gaming Reports

An overview of igaming revenue in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan, the five states where online gambling is legal in the U.S.

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Pennsylvania

Pennsylvania enjoyed a seventh straight month of record online-gaming revenue to start the year on sound footing. Total igaming earnings rose to $80.4 million, up from $71.6 million (11%) from the previous record set in December 2020. It was also a 476% increase year over year; January 2020 was the fifth full month of igaming in the Keystone State.

Total revenue from online slots accounted for $51 million, a 10.5% increase from December’s $46.2 million, while online table-game revenue was up 8% to $26.7 million and online poker’s $2.7 million was unchanged from December.

Penn National Gaming’s Hollywood Casino ranked first in igaming revenue at $27.6 million. Rivers Casino Philadelphia ranked second at just under $21 million for the month.
Tax revenue generated from January igaming was just under $32.2 million.

New Jersey

It was the same story in New Jersey ats Pennsylvania, only more so, as igaming revenue in the Garden State surpassed $100 million for the first time. January’s $103.7 million easily broke the record of $99.4 million set the previous month, an increase of 4.8% and an 88.4% jump from January 2020, when online gambling revenue went over $50 million for the first time.

Golden Nugget Online Gaming remains New Jersey’s number-one internet casino, breaking the $1 million-per-day mark at $31 million, up 5% from December’s $29.4 million. It was the second time Golden Nugget breached the $31 million mark; the first was in July 2020 at $31.5 million. Once again, Borgata is nipping at GNOG’s heels, closing in on its own $30 million month at $28.7 million, up 5.5% over December.

Online poker was down 10%, from $3 million in December to $2.7 million in January.

For the month, New Jersey collected $15.5 million in online-gaming taxes, up 3% from December’s $15 million.

Delaware

Delaware’s igaming revenues for January added up to $738,525, a 5.5% increase over December’s $698,477.
Online video lottery (slot) games once again accounted for the lion’s share of income at $584,443, a 15.7% increase over December’s $505,000. Table games generated only $114,449.27, down 27.3% from January’s $157,300 and up only 6.9% from January 2020. Poker rose noticeably at $39,632, up 9% over December’s $36,000 in rake and fees.

West Virginia

The igaming record-setting trend continued in the Mountain State, whose $2.8 million in revenue was a 9% increase over Decembers $2.55 million. December’s win was itself a whopping 62% increase over November’s.
The win contributed $420,000 in taxes to the state, up from $382,000 the month before.

Michigan

Online gambling launched in Michigan at noon on January 22. The Michigan Gaming Control Board reported igaming revenue of $29.4 million for the 10-day period through January 31. At that rate, Michigan will eclipse Pennsylvania in online-gambling revenues and crowd New Jersey at the top spot.

National

Total igaming revenue for January 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to slightly more than $217 million, a nearly 20% increase over December’s $175 million.