The most important U.S. markets for on-line gaming noticed strong income positive aspects in February.
Michigan, Pennsylvania and New Jersey all noticed year-over-year gross income will increase from on-line operators. Within the Backyard State, iGaming as soon as once more topped brick-and-mortar on line casino income.
On-line poker confirmed some development general as effectively and due to an Eagles Tremendous Bowl victory, sports activities betting win for gamers surged within the Keystone State. Right here’s a fast have a look at income totals within the nation’s three major on-line gaming states.
Pennsylvania
Whereas dwell on line casino income dropped within the Keystone State in February, on-line gaming accelerated. Mixed gross gaming income between on-line and brick-and-mortar venues reached $477.3 million, a 4.4% lower in comparison with the identical month in 2024, in accordance with the Pennsylvania Gaming Management Board.
Nonetheless, on-line income grew 12.3% to $202.7 million, with operators paying $91.8 million to the state coffers. Right here’s how the numbers break down:
On-line slots – $154.3 million (up 22.6%)
On-line desk video games – $50.9 million (down 10.1%)
On-line poker – $2.4 million (up 0.4%)
On the sports activities betting entrance, February’s complete sports activities wagering deal with was $756.9 million, a 14.4% surge from February 2024’s $661.7 million. Sportsbooks held simply shy of 10% of these wagers, creating taxable revenue of $7.5 million. However these income numbers had been a staggering 75.26% decrease year-over-year.
That income dip was almost certainly attributed to native bettors wagering on their hometown crew within the Tremendous Bowl since bettors discovered above common winnings when the Eagles topped the Chiefs within the Tremendous Bowl.
When an area crew wins a significant championship, the sportsbooks normally come out on the dropping finish of the bets because the buyer base is wagering on their favourite crew.
For instance, Rhode Island sportsbooks posted a dropping month when the New England Patriots received the Tremendous Bowl in 2019.
New Jersey
In comparison with their on-line counterparts, the Backyard State’s brick-and-mortar on line casino business continues to battle.
After s January uptick, the state’s 9 brick-and-mortar casinos reported $203.5 million in February income, a lower of three.8% in comparison with $211.6 million in 2024. In response to numbers from the New Jersey Division of Gaming Enforcement, the year-to-date complete stands at $413.5 million by February 2025, a drop of 0.7%.
On-line casinos as soon as once more surpassed dwell on line casino income, bringing in $207.8 million. That’s a rise of 14% from $182.3 million in February 2024. On-line poker income totaled $2.4 million in February, a leap of two.6%.
Sports activities betting produced February income of $73.6 million, up 8.9% from $67.6 million in 2024. 12 months-to-date gross income totals $195.8 million, a slide of 17.9% in comparison with $238.3 million reported for the prior interval. Complete income from all types of gaming reached $484.8 million in February, up 5.1% from $461.5 million in 2024.
The state collected $53.3 million in month-to-month gaming income taxes.
Michigan
Michigan noticed $268.5 million in on-line gaming and sports activities betting income in February, a drop of 18.9% in comparison with January, in accordance with the Michigan Gaming Management Board. On-line on line casino reached $222.5 million and gross sports activities betting totaled $46 million, a lower of $83 million from January.
Mixed adjusted gross receipts (AGR) had been $236.3 million, together with $209.1 million from iGaming and $27.2 million from sports activities. In comparison with February 2024, iGaming AGR was up 23.6% and sports activities betting AGR elevated $14.3 million. On-line poker is included in on-line on line casino income in Michigan, however related outcomes as in Pennsylvania and New Jersey appear seemingly.
For sports activities betting, complete deal with stood at $379.8 million, which was down 31.6% from $555.2 million in January. Operators submitted $43.8 million in taxes and funds to the state and tribal operators reported $4.7 million in funds to governing our bodies in February.
Â
Â
Â
