For the nation’s main on-line gaming markets, income figures continued to rise in Pennsylvania and New Jersey in June whereas Michigan noticed some slides.
Online sports activities betting additionally took some hits this month and on-line poker remained principally unmoved. Here’s a take a look at the numbers.
Pennsylvania
The Pennsylvania Gaming Control Board reported mixed complete income from all types of gaming in June was $472 million, a 7.2% improve from June 2023. Total tax income from all types of gaming reached $198 million.
Online on line casino gaming noticed month-to-month gross income of $160.6 million, up 18.6% from $135.4 million final June. Here’s a take a look at income by class:
● Online slots – $119.4 million
● Online desk video games – $39 million
● Online poker – $2.2 million (down from $2.3 million in May)
For on-line sports activities betting, the state noticed complete deal with of $464.5 million in June, a 24.5% improve from the identical month in 2023 ($373.2 million). Total taxable income was $29.9 million, up 29.6% in comparison with June 2023 ($23.1 million).
New Jersey
The Garden State’s 9 casinos noticed income of $244.1 million in June, only a 1% improve in comparison with $241.6 million in June 2023, in accordance with the New Jersey Division of Gaming Enforcement. Year-to-date income stands at $1.36 billion, basically flat in comparison with 2023.
Online gaming advised a unique story, reporting $186.8 million, a 25.2% soar from $149.3 million final June. Year up to now, on-line gaming accounted for income of $1.13 billion, up 21.4% from $930.8 million final yr. Online poker was about the identical as final June at $2.5 million.
Sports wagering gross income totaled $60.1 million, dropping 9.5% in comparison with $66.4 million in 2023. Gross income reached $573.1 million yr up to now, a 30% improve in comparison with $440.8 million final yr.
Total income from all types of gaming equated to $491 million in June, a 7.4% improve from $457.2 million in 2023. Year up to now, complete gaming income was $3.06 billion, a 12.2% improve from $2.73 billion within the prior year-to-date interval.
Michigan
The Wolverine State noticed $214.1 million in on-line gaming and sports activities betting gross receipts in June, in accordance with the Michigan Gaming Control Board, a lower of 10.6% from May.
Online gaming alone totaled $183.2 million and with sports activities betting checking in at $30.9 million, down from $198.6 million and $40.9 million respectively.
Combined complete adjusted gross receipts have been $136.4 million, together with $164.56 million from iGaming and a adverse $28.21 million from sports activities betting. This represents an iGaming drop of seven.9% and a sports activities betting lower of $56.3 million in comparison with final month.
This $56.32 million lower was due partially to a $48.2 million free-play deduction taken by MGM Grand Detroit/BetMGM. Compared to June 2023, iGaming AGR was up 20.2% and sports activities betting was down $37.4 million. Total June on-line sports activities betting deal with reached $276.8 million, down 19.5% from $343.7 million in May. Operators submitted $35.5 million in taxes and funds to the state in June.
