Online gambling surged to new heights in November, setting record revenues across several of the nation’s leading states. Pennsylvania and Michigan achieved new highs in both online gaming and sports betting, while New Jersey also reported significant gains. Here’s a closer look at the numbers behind this impressive growth.
Pennsylvania Shatters Revenue Records with $562.4 Million
November was a record-breaking month for Pennsylvania, which saw total gaming revenue soar to an all-time high of $562.4 million. This marked a 26% increase compared to November 2023, according to the Pennsylvania Gaming Control Board. Online casinos contributed significantly to the state’s overall revenue, generating $200.5 million—up 26.88% from the previous year.
Pennsylvania’s gaming sector saw impressive gains across multiple categories. Online slots led the charge, bringing in $148.7 million, up 36% from 2023. Table games also saw a positive bump, generating $49.6 million, marking a 6.7% increase. Online poker, however, remained mostly flat with a slight decline of 0.12%, generating $2.3 million.
- Slots: $148.7 million (up 36%)
- Table games: $49.6 million (up 6.7%)
- Poker: $2.3 million (down 0.12%)
On the sports betting front, Pennsylvania reported a record-breaking $935.5 million in total sports betting handle. This was a slight increase of 0.15% from last year’s record of $934.1 million. Sports betting revenue generated $77.1 million, a staggering 498% increase from November 2023’s $12.8 million. Online sportsbooks played a dominant role in this success, contributing $71.7 million of the total, while live sportsbooks added $5.4 million.
In total, Pennsylvania generated $232.8 million in tax revenue from all forms of gaming in November, a significant boost for the state.
New Jersey Maintains Strong Growth in Online and Sports Gaming
New Jersey’s online gaming industry also had a strong showing in November. Total casino revenue for the state was $223.9 million, a 4.2% increase from the previous year. While live gaming revenue continued to hold strong, online gaming surged, reaching $214 million—up 24.7% from the same month last year.
The state’s online gambling scene saw impressive year-to-date numbers as well. Online operators in New Jersey have now collected $2.16 billion so far this year, a 23.8% increase from $1.74 billion in 2023. While this remains lower than in some other states, it is a solid performance for New Jersey’s already well-established market.
In sports wagering, New Jersey reported $119 million in revenue, a 24.1% increase compared to $95.9 million in November 2023. This was part of a larger trend that has seen the state’s sports betting market grow steadily, with a year-to-date total of $1.03 billion, up 15% from last year.
Online poker in New Jersey also had a slight uptick, with revenues rising 12.7% to $2.3 million. All told, the state’s total gaming revenue for November was $556.9 million, a 15.4% increase from the previous year.
- Online Gaming Revenue: $214 million (up 24.7%)
- Sports Wagering Revenue: $119 million (up 24.1%)
- Year-to-Date Gaming Revenue: $5.78 billion (up 9.9%)
Michigan Reaches New Heights with Record iGaming Revenue
Michigan also posted impressive results in November, with its combined online gaming and sports betting revenues reaching $284.3 million. This marked a 12.1% increase from October and reflected strong performances across both sectors.
iGaming, which includes online slots, table games, and poker, brought in $226 million—setting a new state record and topping the previous high of $220.7 million in October. Gross sports betting receipts totaled $58.3 million, more than double the $33 million generated in October. This represents a significant surge in sports betting, which has continued to grow in Michigan since its legalization.
In terms of adjusted gross receipts (AGR), Michigan’s online gaming and sports betting combined reached $240.4 million, with iGaming accounting for $203.3 million and sports betting generating $37.1 million. When compared to November 2023, iGaming AGR rose by 28.9%, and sports betting saw an increase of $36.8 million.
Michigan also set a record for sports betting handle, with a total of $650.2 million wagered. This was a 16% increase from $560.4 million in October. The state’s tax receipts from online gambling came in at $44.4 million, with tribal gaming groups contributing an additional $5.2 million in payments.
Michigan November Highlights:
- iGaming Revenue: $226 million (record high)
- Sports Betting Revenue: $58.3 million (up from $33 million in October)
- Total Sports Betting Handle: $650.2 million (16% increase)
With these results, Michigan solidified its position as a key player in the online gambling landscape, showing continued growth in both online gaming and sports betting.
In summary, November was a month of records and solid growth for online gambling in key states like Pennsylvania, New Jersey, and Michigan. The numbers suggest a strong, sustained appetite for online gaming and sports betting as states continue to generate significant tax revenue. Whether through poker, slots, or sports wagering, it’s clear that Americans are increasingly turning to online platforms to try their luck.
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