November playing produced document revenues for among the nation’s studying on-line gaming states in November. That included a brand new document for all types of gaming and sport betting deal with in Pennsylvania and new on-line gaming and sports activities betting highs in Michigan.
On-line poker remained largely flat in Pennsylvania whereas discovering a pleasant bump in New Jersey. Right here’s a take a look at the whole November report.
Pennsylvania
The Keystone State produced a document $562.4 million in complete income from all types of gaming in November, a 26% enhance from November 2023, in response to the Pennsylvania Gaming Management Board. On-line casinos accounted for $200.5 million of that in comparison with $158 million in November 2023, a 26.88% soar. Right here’s a breakdown of iGaming by class for November:
Slots – $148.7 million (up 36%)
Desk video games – $49.6 million (up 6.7%)
Poker – $2.3 million (down 0.12%)
For sports activities betting, Pennsylvania noticed a document month-to-month deal with excessive of $935.5 million, 0.15% above $934.1 million for a similar month final 12 months. That produced complete taxable income of $77.1 million, 498% greater than $12.8 million in November 2023. On-line wagering produced $71.7 million whereas reside sportsbooks introduced in $5.4 million. Whole tax income from all types of gaming was $232.8 million for November.
New Jersey
The 9 casinos within the Backyard State noticed income of $223.9 million for November, a 4.2% soar in comparison with $214.9 million in 2023, in response to the New Jersey Division of Gaming Enforcement. 12 months-to-date on line casino income now totals $2.59 billion, a 1.1% lower from the identical interval in 2023.
Dwell gaming edged out on-line gaming income after iGaming surpassed the state’s reside income in October for the primary time. On-line gaming produced $214 million in November, surging 24.7% from $171.6 million final 12 months. On-line operators have collected $2.16 billion 12 months to this point, a 23.8% soar from $1.74 billion in 2023.
Sports activities wagering income totaled $119 million for November, a 24.1% enhance in comparison with $95.9 million final November. The year-to-date determine stands at $1.03 billion, a 15% enhance from $897.2 million final 12 months. On-line poker moved as much as $2.3 million, a 12.7% enhance from November 2023.
Whole income from all types of gaming reached $556.9 million, a 15.4% enhance from $482.4 million in November 2023. 12 months to this point, complete gaming income is as much as $5.78 billion, a 9.9% enhance from $5.26 billion reported within the prior interval.
Michigan
The Wolverine State’s business and tribal operators reported $284.3 million in on-line gaming and sports activities betting income in November, up 12.1% from October, in response to the Michigan Gaming Management Board. iGaming totaled $226 million, a brand new document topping earlier excessive of $220.7 million from October. November gross sports activities betting receipts equated to $58.3 million, a rise from $33 million in October.
Mixed complete iGaming and on-line sports activities betting adjusted gross receipts (AGR) for November had been $240.4 million, together with $203.3 million from iGaming and $37.1 million from sports activities. This was an iGaming enhance of two.4% and a sports activities betting soar of $27.2 million from October. In comparison with November 2023, iGaming AGR was up by 28.9% and sports activities betting was up by $36.8 million.
Whole sports activities betting deal with reached $650.2 million, a document excessive and a bump of 16% from $560.4 million in October. On-line operators submitted $44.4 million in taxes and funds to the state in November, and tribal gaming teams made $5.2 million in funds to governing our bodies.
