Online casinos booming in Pennsylvania, New Jersey and Michigan
While much of the United States remains in a state of flux regarding online gambling, three key states have been cashing in on their legislative freedom over the past month.
New Jersey is the largest market for regulated online gambling in the US, while Pennsylvania and Michigan are ranked as the two fastest growing states.
Read on as we take a closer look at the latest state-of-play for each state following the recent publication of their revenues for May 201.
New Jersey posts massive increase
The Division of Gaming Enforcement in New Jersey has confirmed that gaming revenue in May reached $374.2 million, a year-on-year increase of 290.4%.
The figure represents an increase of more than six percent when compared to April and highlights the strength of the industry in the state right now.
Total gaming revenue has now reached $1.72 billion for 2021, a whopping 85% more than was generated during the same period last year.
Internet gaming revenue was $108.2m, up from $85.9m in 2020, while casino revenue reached an impressive $213.1m.
Borgata, Golden Nugget Online Gaming and Resorts Digital were the top three iGaming operators for May, with Caesars Interactive some way behind in fourth place.
Pennsylvania boom continues apace
Pennsylvania has been at the forefront of the gambling boom during the early part of the year and the state continued in the same vein last month.
According to the Pennsylvania Gaming Control Board, the online casino gross gaming revenue for May was just over $110.7m.
The total was just short of the record $111.6m set in March, but was higher than the $105.4m reported during April.
Slot games are proving to be hugely popular in the Keystone State, with online operators raking in $76.7m in revenues last month.
Online poker showed a small rise in its first full month with three operators in the mix, with revenues increasing from $2.4m to $2.6m in May.
Another strong month for Michigan
Michigan is another state where online casinos have been on the up-and-up in recent times and that trend continued during May.
The Michigan Gaming Control Board confirmed revenues of $94.8m last month, a marginal increase from what had been a strong April for the state.
BetMGM were top of the pile with gross revenue of $36m, more than double the $16.3m generated by FanDuel in second place.
Operators paid $18.7 million to the state in taxes, while the city of Detroit received a healthy $5.2m into their coffers.
Since the launch of iGaming in Michigan, the state has received $71.5m in taxes, Detroit $20.9m and $7.3m has gone to tribal governments.