Pennsylvania, New Jersey, and Delaware casinos enjoy big revenue boom
The United States casino industry is in rude health at the moment, with many of the key markets reporting strong financials during the early part of 2021.
While some sectors have struggled to bounce back after a tricky year, recent figures released in three states paint a healthy picture for iGaming businesses.
Read on as we take a closer look at the latest state-of-play for casinos in Pennsylvania, New Jersey and Delaware.
Pennsylvania records another record month
The Pennsylvania Gaming Control Board has confirmed that the state recorded its highest-ever gaming revenue during April.
The final figure was a staggering $404.1 million, topping the previous record set just a month earlier by a cool £1m.
The tally was accumulated from the state’s 15 land-based casinos, online slots and table games, sports betting, fantasy sports, and video gaming terminals inside truck stops.
Online slots and table games delivered more than $90m in revenue during the month, but that figure was not to the detriment of land-based venues.
Slots in brick-and-mortar establishments raked in more than $201m from players, while casino tables accrued nearly $78m.
With four additional Category 4 casinos scheduled to open over the next couple of years, Pennsylvania is well-placed to continue delivering record-breaking revenues.
New Jersey bounces back in style
Gambling revenue in New Jersey increased to a whopping $352.2m in April – a massive 326.4 percent year-on-year rise.
Although slightly down from the $359.3 generated during the previous month, the overall picture in the state is undoubtedly positive.
Online gaming revenue was $107.7m in April, up more than 34% on the $80m generated in the same month last year.
Slots and table games accounted for $105.3m, highlighting their continued dominance in popularity terms over poker which raked in $2.4m.
By contrast, slot revenues at land-based casinos during the same period reached $138m, while table games accumulated $51.6m.
New Jersey has now racked up total gambling revenues of $1.35 billion for the first four months of 2021 – a year-on-year increase of more than 61%.
Delaware casinos in a healthy state
Pennsylvania and New Jersey often steal many of the headlines on the US casino scene, but plenty of other states are currently on the rise.
That is certainly the case in Delaware, with local gaming authorities there reporting a 2.1% year-on-year increase in online gaming revenue during April.
This was achieved despite players staking 24.6% less during the month, and delivered a total revenue tally of more than $874,000 for the 30-day period.
Video slots accounted for over $707,700 of the figure, with table games and poker rake accounting for the rest.
The April figure brought the overall revenue for the first four months of the year to $3.3m, with players wagering more than $95m since the turn of the year.
With sports betting revenues also painting a healthy picture, Delaware’s gambling industry looks in excellent shape at the moment.