US Casino Revenue Continues Climb

iGaming in New Jersey, Pennsylvania, and Michigan reached record growth last month. Read all the details below. 

The iGaming sector in the US saw positive gains in nearly every major market, including the three largest (PA, NJ, and MI). 

Here are the figures for each state and top casinos for March 2022: 

New Jersey

NJDGE logo
New Jersey Division of Gaming Enforcement

Total gaming revenue in New Jersey came in at a whopping $382.9 million for March. This was an increase of 17.8% on YOY numbers

Comparing online gaming revenue figures to March 2021, NJ’s iGaming market saw an overall increase of 23.7%, totalling $140.7 million. 

The Top 3 New Jersey Casinos Licensees for March were:

  • Borgata – $41.4 million revenue
  • Golden Nugget – $38.3 million revenue
  • Resorts Casino – $30.8 million revenue

Pennsylvania

Pennsylvania Gaming Control Board

Pennsylvania saw a total market revenue increase of 14.8% compared to 2021, totalling $403.1 million

The PGCB reported even higher figures for online casinos, specifically, with a record-breaking year-on-year increase of 20.9% to $118.1 million. 

Your Top 3 PA Casino Licensees for March were: 

  • Penn National – $55.2 million revenue
  • Rivers Philadelphia – $37 million revenue
  • Valley Forge Casino Resort – $23.9 million revenue

Michigan

Michigan Gaming Control Board

Michigan casinos reported total revenue as $127.4 million, a 27.3% increase from March 2021. Much of this increase has been attributed to Michigan’s new online casinos, which went live in late October of last year. 

This marks the fourth month in a row where Michigan’s iGaming sector has exceeded $120 million. 

Top 3 MI Casinos for March: 

  • BetMGM – $47.9 million revenue
  • DraftKings – $22.5 million revenue
  • FanDuel – $20.8 million revenue

Predictions for the US’s 2022 iGaming Market

All indications point to another banner year for states where online casinos are legalized. This includes PA, NJ, Michigan, Connecticut, Delaware, and West Virginia

New York has also recently introduced legislation to move towards legalizing iGaming, and analysts are eagerly watching in anticipation. After seeing how lucrative and successful NY has been for online sports betting, online casinos are sure to change the US iGaming market as we know it. 

What will this mean for US casino players? Check back often for more information and the latest news here at USOnlineCasino! 

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