Six states in the country have legalized casino gaming. They made $482.1 million in gross gaming revenue in June 2023, a 24.3 percent rise compared to their June 2022 gaming revenue. Michigan raked in $151 million and New Jersey $149.3 million.
They are the first and second states, respectively, in the gaming revenue list. Pennsylvania was third with a $135.4 million revenue.
Connecticut, Delaware, and West Virginia made a combined $46.3 million in revenue. But Connecticut made $31.6 million, the lion's share among the three states' gross winnings.
Michigan and New Jersey's betting handle in June surpassed $6.3 billion. But, Pennsylvania's handle was less than $5 billion, its first time to have such a record since November 2022. Yet, the state's June handle rose by 35.4 percent year-over-year.
The Nutmeg State missed the $1 billion mark for back-to-back months in accepted bets by $37.4 million. Still, it has exceeded the $1 billion handle thrice since launching sports gambling in October 2021. It generated $1.09 billion in March 2023.
Connecticut made $2.97 billion in gross revenue in H1 2023, which was a 22.6 increase from H1 2022 revenue. Its iGaming industry paid $583 million in state taxes in H1 2023. This was $113.7 million higher than its H1 2022 state taxes.
New Jersey and Michigan's Gaming Revenue Competition
The Wolverine State's gaming operators made $934.6 million in gross revenue in H1 2023, $3.8 million more than the Golden State operator's revenue. BetMGM is the second casino operator countrywide, with $305.4 million gross gaming revenue in H1 2023. Its MGM Grand in Detroit earned it a huge chunk of its revenue.
June was Michigan's seventh month to exceed $150 million in casino gaming revenue. It was 24.6 percent higher than its June 2022 revenue. Most of this improvement was from FanDuel's MotorCity Casino, whose year-to-date gross revenue rose by 53.4 percent to $182.9 million compared to its 2022 revenue.
New Jersey missed the monthly $150 million iGaming revenue mark for the fourth consecutive time. But its gaming revenue rose by 14.3 percent, unlike in H1 2022. Resorts, Golden Nugget, and Borgata made $737.9 million in total, thus contributing the largest part of New Jersey's revenue.
Delaware and West Virginia's Performance
West Virginia recently issued WynnBET its ninth casino license, so Mardi Gras Casino is the fourth gaming property with online games. The state's revenue increased by 49.1 percent to $75.8 million in H1 2023 compared to H1 2022.
Delaware legalized online casino gaming in November 2013, being the first state in the country, and it had better year-to-date statistics compared to 2022. Its gaming operators recorded a 15.7 percent increase in H1 2023, while their handle rose by 25.3 percent to $244.5 million.
