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November Online Gambling Brings In Record Numbers

Editor by Editor
December 23, 2024
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November playing produced file revenues for among the nation’s studying on-line gaming states in November. That included a brand new file for all types of gaming and sport betting deal with in Pennsylvania and new on-line gaming and sports activities betting highs in Michigan.

Online poker remained principally flat in Pennsylvania whereas discovering a pleasant bump in New Jersey. Here’s a have a look at the whole November report.

Pennsylvania

The Keystone State produced a file $562.4 million in whole income from all types of gaming in November, a 26% enhance from November 2023, in keeping with the Pennsylvania Gaming Control Board. Online casinos accounted for $200.5 million of that in comparison with $158 million in November 2023, a 26.88% bounce. Here’s a breakdown of iGaming by class for November:

  • Slots – $148.7 million (up 36%)
  • Table video games – $49.6 million (up 6.7%)
  • Poker – $2.3 million (down 0.12%)

For sports activities betting, Pennsylvania noticed a file month-to-month deal with excessive of $935.5 million, 0.15% above $934.1 million for a similar month final yr. That produced whole taxable income of $77.1 million, 498% increased than $12.8 million in November 2023. Online wagering produced $71.7 million whereas stay sportsbooks introduced in $5.4 million. Total tax income from all types of gaming was $232.8 million for November.

New Jersey

The 9 casinos within the Garden State noticed income of $223.9 million for November, a 4.2% bounce in comparison with $214.9 million in 2023, in keeping with the New Jersey Division of Gaming Enforcement. Year-to-date on line casino income now totals $2.59 billion, a 1.1% lower from the identical interval in 2023.

Live gaming edged out on-line gaming income after iGaming surpassed the state’s stay income in October for the primary time. Online gaming produced $214 million in November, surging 24.7% from $171.6 million final yr. Online operators have collected $2.16 billion yr so far, a 23.8% bounce from $1.74 billion in 2023.

Sports 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 yr. Online poker moved as much as $2.3 million, a 12.7% enhance from November 2023.

Total income from all types of gaming reached $556.9 million, a 15.4% enhance from $482.4 million in November 2023. Year so far, whole 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 industrial and tribal operators reported $284.3 million in on-line gaming and sports activities betting income in November, up 12.1% from October, in keeping with the Michigan Gaming Control Board. iGaming totaled $226 million, a brand new file 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.

Combined whole 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 bounce of $27.2 million from October. Compared to November 2023, iGaming AGR was up by 28.9% and sports activities betting was up by $36.8 million.

Total sports activities betting deal with reached $650.2 million, a file excessive and a bump of 16% from $560.4 million in October. Online 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.

 

 

 





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Tags: MICHIGANNew JerseyOnline Gamblingonline gamingOnline PokerPennsylvania
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