The United States Igaming Revenue Report — June 2021

July 19, 2021 11:20 PM
  • Deke Castleman, CDC Gaming Reports
July 19, 2021 11:20 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 June 2021 in Pennsylvania, New Jersey, Delaware, West Virginia, and Michigan added up to $289.8 million, an across-the-five-state-board decline of 6.4% from May’s $309.6 million.

1. New Jersey

The Garden State’s online casino revenue topped nine figures for the fifth time in May and the fourth month in a row. In May, New Jersey web-based gambling operators netted $107 million, down 1.1% from May’s $108.2 million. However, June had one day less revenue than May; in an apples-to-apples comparison, June’s igaming revenue actually rose 2.3%. Year over year, June 2021 was a 26.1% increase over June 2020, a 0.08% increase over May’s 25.9% rise from the same month a year earlier.

Borgata and Golden Nugget’s competition for market share widened substantially in June. At $34.3 million, Borgata’s igaming revenue rose 4.5% over May’s $32.8 million, while Golden Nugget Online Gaming’s $27.6 million was a decline of 11.3% from May’s $31.1 million. It’s the fourth month in a row that Borgata has beaten out GNOG. Meanwhile, third-place Resorts Digital earned $22.5 million, a leap of 21.4% and closing the gap on GNOG significantly.

New Jersey collected $16.1 million in online-gambling taxes to the state in June, a decline of 1.2% from May’s $16.3 million.

2. Pennsylvania

Pennsylvania’s igaming revenues took a considerable fall in June, down 12.2% to $88.9 million from May’s record-setting $101.3 million.

Total revenue from online slots came in at $60.5 million, a drop of 10% from May’s $67.2 million, while table games produced $26 million, down 17.2% from May’s $31.4 million. Online poker’s $2.4 million was a 7.7% decline from May’s $2.6 million.

Penn National Gaming’s $34.9 million in June placed first in market share as usual, but was 15.5% less than May’s $41.3 million, while second-place Rivers Casino Pennsylvania’s $23.3 million was 13.7% lower than May’s $27 million.

Tax revenue generated from May’s igaming in Pennsylvania was $37.2 million, a not-unexpected 10.8% slide from May’s $41.7 million.

3. Michigan

Though Michigan’s fifth full month of igaming saw a decline in revenue similar to New Jersey’s and Pennsylvania’s, its $89.2 million gross surpassed Pennsylvania’s for the first time. June’s earnings were 6% less than May’s $94.9 million. Michigan now boasts 14 online casinos, after the Nottawaseppi Huron Tribe’s Firekeepers Casino held a soft launch of web-based gambling last month.

BetMGM led the pack once again with $33.8 million, down 10.3% from May’s $37.7 million. FanDuel (Motor City) and DraftKings (Bay Mills) switched places from May’s second- and third-place rankings, with $14.8 million and $15.5 million, respectively.

The 14 internet casinos paid $13.7 million in state taxes in June, down 24.3% from May’s $18.1 million. The three Detroit casinos paid the city $3.1 million, down a whopping nearly 40% from May’s $5.2 million, while tribal governments received $1.9 million in tax payments, the same as in May.

4. West Virginia

The Mountain State’s igaming revenue dropped $400,000 in June over May, the same amount it rose in May over April. West Virginia’s $3.9 million was a 9.3% decline from May’s $4.3 million; it joined New Jersey, Pennsylvania, and Michigan in declining igaming revenues for the month.

But West Virginia’s drop came as something of a surprise, after adding the BetRivers igaming platform in June and FanDuel’s in May. Plus, West Virginia’s internet casinos booked a $153 million handle for the month, setting a new monthly record for betting and showing an 11% increase over May.

5. Delaware

Completing the five-state sweep in declining revenues, Delaware’s June net fell to $843,117 from May’s $910,389 for a minus 7.4%.

Online video lottery (slot) games once again accounted for the lion’s share of income at $705,644, down 3.6% from May’s $732,01, while table games generated $105,473, down 22.3% from May’s $143,011. Online poker continued its long slide to the downside, earning pennies under $32,000 in June, compared to May’s $35,251, a drop of 9.2%.