iGaming Boosts Revenues in PA, NJ

The gaming industries in Pennsylvania and New Jersey reported record or near-record revenues from online gaming, boosting overall casino revenue results.

iGaming Boosts Revenues in PA, NJ

Monthly revenue reports from Pennsylvania and New Jersey show record revenues from online gaming in the former and near-record revenues in the latter.

The Pennsylvania Gaming Control Board reported revenue of $159.5 million from iGaming, a monthly record and a year-over-year increase of 41.5 percent. It contributed to overall revenues from all forms of gambling that totaled $476,278,004, a year-over-year increase of 6.2 percent.

Sports betting revenue in September was $36.6 million from a handle of $726.3 million, a decline of 7.2 percent from 2022.

In New Jersey, online casinos posted their second-highest revenue grossing month ever in September, narrowly missing the record set earlier this year. According to the state Division of Gaming Enforcement, New Jersey online casinos generated just under $163.8 million last month, a 21.1 percent year-over-year increase compared to September 2022.

September’s results are less than $2 million short of the $165.7 million posted in March, which is the largest monthly state online casino revenue in the 10 years of legal iGaming.