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Online Gambling Revenue Soars In April

New Jersey And Pennsylvania Operators Reported Year-Over-Year Gains, While Michigan Was Basically Flat


Online gaming continued to surge in April in the state’s three largest markets.

This comes as New Jersey live gaming revenue continued to sag and saw online casinos once again surpass the state’s brick-and-mortar industry.

Pennsylvania joined the Multi-State Internet Gaming Agreement shared liquidity market in late April, with some operators immediately launching shared liquidity.

That included WSOP Online now linking four states: Nevada, Pennsylvania, New Jersey, and Michigan. It may be too early to see shared liquidity reflected in the online poker numbers, as those were mixed in April.

Any effect on online poker revenue will be reflected in the coming months. Here’s a look at online gambling revenue revenue the three largest markets.

Pennsylvania Online Casino Revenue

The Keystone State saw combined total revenue of $558.7 million from all forms of gaming in April, an increase of 10.7% from last April, according to the Pennsylvania Control Board. Online gaming accounted for $227.7 million, jumping 31.3% from $173.4 million in April 2024. Here’s a look at online gaming by category.

  • Slots –  $169,5 million (up 34.5%)
  • Table games – $55.9 million (up 24.2%)
  • Poker – $2.3 million (down 2.81%)

For sports wagering, April handle reached $711.6 million, a 10.1% year-over-year increase. From that handle, online and retail sportsbooks won $42.5 million, 0.29% higher compared to $42.4 million in April. Online betting made up most of that revenue, with online sportsbooks reporting $41.2 million of revenue. 

New Jersey Operators Also See Increase

Online operators once again surpassed New Jersey’s retail casino industry. Live gaming continues to struggle as the state’s nine casinos generated $211 million for the month, falling 2.7% compared to $216.8 million for April 2024. Year-to-date revenue stands at $855.4 million, a decrease of 2%.

Online gaming fared better, totaling $235.2 million in April, a surge of 25.2% compared to $187.9 million in 2024. Year-to-date iGaming revenue stands at $908.4 million, a 21% increase from $750.7 million in 2024. Online poker was up 3.2% to $2.4 million.

With falling revenue from brick-and-mortar properties, and increasing competition from an upcoming New York City casino, some legislators are concerned. As a result, one lawmaker introduced a bill to allow allow casinos outside Atlantic City limits. 

Sports betting produced gross revenue of $90.5 million in April, dropping 14.8% from $106.2 million. Year-to-date gross revenue was $357.6 million, a decrease of 17.6%.

Total April revenue from all forms of gaming was $536.6 million, climbing 5%. Year-to-date revenue has increased 3.1% to $2.12 billion. Online operators paid $59.8 million worth of taxes. 

Michigan Operators Down Ever So Slightly 

According to the Michigan Gaming Control Board, online gaming operators reported gross revenue of $290.7 million in April, sliding 0.9% from March. Of that, $248.1 million came form online casino gaming, down from $260.5 million in March. Michigan doesn’t separate online poker numbers and instead include those figures with online casino revenue.

Gross sports betting receipts totaled $42.6 million, up from $33 million from the previous month. Adjusted gross receipts for online gaming and sports betting reached $259.9 million, with $233.1 million from iGaming and $26.8 million from sports. This marked a 5.3% decrease for iGaming and an 83.4% increase in sports betting compared to March.

Year-over-year, iGaming AGR rose 33.9% while sports betting AGR declined 3.6%. Total online sports betting handle was $417.6 million in April, a 12.1% decrease from $475.1 million in March. Online gaming and sports betting operators submitted $49.6 million in taxes for the month. Tribal operators reported $5.6 million in payments to governing bodies.

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