Pennsylvania Online Gambling Experiences Identical Drop To NJ In April
Michigan and New Jersey released their online gambling revenue figures for April. Pennsylvania Gaming Control Board added its report to the pile. All three states performed significantly worse than they did in March. Both PA and NJ suffered their first month of declining daily average revenue since last June.
Pennsylvania Online Gambling Experiences Identical Drop To NJ In April. Daily average revenue in New Jersey dropped 2.05% in April, while Pennsylvania's loss was 1.97%. Golden Nugget Online Casino in Pennsylvania may boost the state's economy. iGaming revenue increased 12% in January, New York's rose only 4%.
The dollar total for online casinos and poker rooms put together was $92,676,448 for April. This is a drop of almost $5 million from March. Operators took in an aggregate $3,089,215 per day. State and local taxes were down 5.5% on the month and 2.4% daily.
In April, the dollar total for online casinos and poker rooms put together was $92,676,448. This is a drop of almost $5 million from March. Operators took in an aggregate $3,089,215 per day.
BetMGM Casino and DraftKings Casino are partnered with Penn National. Wind Creek lost all its revenue in April. TwinSpires and PlayLive! increased their daily average revenue by 31% and 62%. They are now in a three-way tie with Wind creek and Caesars.
Unibet had the worst month aside from Wind Creek, with daily average revenue dropping 30%. Parx shed 23% of its daily revenue in April after gaining 40% in March. Penn National and Rivers gained slightly in daily revenues.
BetMGM Poker and Borgata Poker launched in April. BetMgm made $20,431 in revenue, Borgita earned $6,640. PokerStars made 98.8% of the total PA online poker revenue. The newcomers had technical difficulties during the test period.
Table games saw a slight increase in daily average wagers, from $48.9 million to $49.7 million. However, the margin dropped from 1.91% to 1:86%. Slots remain ahead of table games overall, accounting for 68% of gross iGaming revenue and 88% in taxes.
Table games saw a slight increase in daily average wagers, from $48.9 million to $49.7 million. Daily average revenue fell 0.8%. Slots remain ahead of table games overall, accounting for 68% of gross iGaming revenue and 88% in Pennsylvania.
PA sportsbooks took $479 million in bets for April, a drop of 14% from March. Online sportsbook revenue grew by 43% on the month. Retail sports books performed better in April than March, thanks to the abating pandemic.
PA online gambling revenue breakdown. Monthly changes are normalized. Alex is a journalist from Dartmouth, Nova Scotia, Canada. He has been writing about poker and the online gaming industry since 2014.