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Gambling in the USA

PlayPennsylvania.com: Sportsbooks, online casinos post near-record September

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PlayPennsylvania.com: Sportsbooks, online casinos post near-record September

 

Pennsylvania’s online and retail sportsbooks celebrated the third anniversary of legal sports betting in the state by handling more wagers in October than any other month. The record $776 million in sports bets also pushed the state’s lifetime handle to more than $10 billion, this as Pennsylvania’s ever-expanding online gambling industry set another revenue record and joined New Jersey as the only states to produce $1 billion in revenue over a calendar year, according to PlayPennsylvania, which tracks regulated online gaming and sports betting in the state.  

“The convergence of all that betting inventory, particularly with five weekends of football, made a record in October all but assured,” said Katie Kohler, analyst for PlayPennsylvania.com. “Such a big leap in October shows that Pennsylvania still has an increasing base of bettors, and those bettors are placing more in wagers as they become increasingly comfortable with in-game and proposition betting.”

Spurred by five full weekends of football, and boosted with postseason baseball and the opening of the NHL and NBA seasons, bettors poured $776.3 million in wagers into Pennsylvania’s online and retail sportsbooks in October, according to official data released Tuesday. That was up 47.6% from $525.8 million in October 2020 and up 34.1% from $578.8 million in September. Only New Jersey and Nevada have ever produced more in bets over a single month.

Operators generated $42.3 million in gross revenue in October, down 11.6% from $47.8 million in October 2020 and down 12.1% from $48.1 million in September. October’s revenue was well short of the record $49.3 million in revenue generated in January. In the end, sportsbooks produced $23.5 million in taxable revenue after $18.7 million in promotional spending, which yielded $8.4 million in state taxes and local share assessments.

The state’s first retail sportsbooks launched in November 2018, generating $508,997 in gross revenue on just $1.4 million in bets. Since, sportsbooks have generated:

  • $10.1 billion in wagers, $5.04 billion of which has come in 2021
  • $766.8 million in gross revenue, including $382.6 million so far this year
  • $232.9 million in promotional spending, or “free bets”
  • $192.2 million in state taxes, including $92.7 million in 2021

“Three years in, and the state’s sportsbooks continue to expand,” said Dustin Gouker, analyst for the PlayUSA.com Network, which includes PlayPennsylvania.com. “Remarkably, about half of all wagers and revenue have come through sportsbooks in the last 10 months. Pennsylvania clearly has room to grow before it reaches its ceiling.”

$714.1 million of October’s wagers came through online sportsbooks, representing 92.0% of the state’s handle. FanDuel claimed 37.9% of the online market with $270.8 million in wagering, up from $183.7 million in September. Revenue fell to $19.3 million in October from $21.2 million in September.

DraftKings was second in the state with $201.7 million in wagers, representing 28.2% of the online market. Those bets yielded $9.6 million in gross revenue. Penn National’s Barstool-branded app was third in October with $71.5 million in wagers, which yielded $118,849 in gross revenue. BetMGM was fourth with a $65.9 million handle, producing $4.3 million in gross revenue.

Retail sportsbooks accounted for the remaining $62.2 million in wagers in October, up 16.2% from $53.5 million in October 2020 and up 21.2% from $51.3 million in September. Those wagers created $5.05 million in gross revenue, down from $7.2 million in September. Rivers Pittsburgh led retailers with $9.3 million in bets, topping Rivers Philadelphia’s $9.1 million handle.

“Online sportsbooks in particular benefit from NFL regular season games, which offer hundreds of options for in-game betting in addition to more conventional bets,” Kohler said. “Props and in-game betting are now a cornerstone for growth.” 

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Online casinos and poker

Online casinos and poker rooms shattered the state record with $117.04 million in gross gaming revenue, pushing annual revenue to a record $1.05 billion through 10 months of 2021. New Jersey and Pennsylvania both reached $1 billion in annual online casino revenue in October, the first states to reach the milestones.

Revenue was up 58.8% from $73.7 million in October 2020 and up 4.7% from $111.8 million in September. The previous revenue record was $113.8 million, set in May. 

Wagering at online casinos hit $4.1 billion in October, up from $3.5 billion in September. The win produced $102.9 million in taxable revenue, generating $43.3 million in state and local taxes.

“Online gambling continues to thrive, while the state has a consistent and significant revenue generator,” Gouker said. “Pennsylvania taxes its online gambling industry at a higher rate than any other open market in the U.S., and that decision made years ago by regulators has proven to be a valuable one for the state.”

Other highlights from October:

  • Online casino and poker rooms generated $3.8 million in gross gaming revenue per day over the 31 days of October, up from $3.7 million per day in September.
  • Penn National, which includes the DraftKings, BetMGM, Barstool, and Hollywood casinos, topped the market with $44.4 million in gross revenue. Rivers Philadelphia, which includes SugarHouse, Borgata, and BetRivers casinos, was second with $31.0 million.
  • Poker generated $2.9 million in revenue. Mount Airy/PokerStars topped operators with $1.9 million in revenue.

 

Gambling in the USA

Detroit Casino Revenue Finds a Balance as Michigan Online Casinos Surge

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There’s no denying that Michigan online casinos are still in a growth pattern.

Revenue records seem to be set almost every month, and yearly projections don’t seem to have a limit.

While the iGaming landscape continues to thrive, the three Detroit commercial casinos have found a leveling off point.

Though the three locations haven’t been able to approach the revenue totals they hit prior to the pandemic, there’s still steady cash flow coming in despite a lot of obstacles over recent years.

Detroit’s 2025 Revenue Just Below 2024

Detroit has three commercial casinos that operate in the downtown area. They are the MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown.

The 2025 revenue for the three casinos through seven months has been similar to what they have seen in recent years. Overall, it is down less than a percentage point compared to 2024, but three of the seventh months have seen revenue growth year over year.

The data suggests that 2025 has been more consistent with its revenue than 2024. The high this year wasn’t quite as high, but the low also wasn’t nearly as low.

Detroit Levels Off as Online Casinos Grow

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Prior to the COVID-19 pandemic, Detroit was seeing record revenue for its three casinos. The $1.45 billion it did in 2019 was an all-time high.

The slow return from the pandemic eventually led to a leveling off for Detroit, as yearly revenue since 2020 has ranged from $1.22 billion to $1.28 billion.

As that has played out, online casinos debuted in Michigan in January 2021. The first year of revenue was $1.11 billion, but has since more than doubled that total in 2024.

Through seven months of 2025, Michigan online casinos are already at $1.72 billion in revenue. That alone is more than all of 2021 or 2022, respectively. After August’s numbers come in, the total is likely to have surpassed 2023’s mark as well.

This year’s OC revenue is already over 27% ahead of where it was a year ago. Through July, Michigan’s iGaming had generated $1.35 billion in 2024.

Through seven months, the state is averaging over $245 million in monthly online casino revenue. Prior to 2025, Michigan had never hit $245 million in revenue for any month in its online casino history.

Should Michigan continue this pace, it will surpass $2.9 billion in annual iCasino revenue. The last quarter of the year has trended toward being the strongest revenue months each year, so $3 billion isn’t out of the question. If the 27% growth rate holds, the state would hit $3.1 billion in 2025 revenue.

Each new record just brings in more tax revenue for the state as well. Initial projections when Michigan pursued online casinos was around $40 million in annual tax revenue. The first year of 2021 brought in $201.7 million in state tax revenue and another $77.6 million in local taxes.

In 2024, Michigan online casinos generated $451.4 million in state tax revenue and another $168.7 million in local taxes. This year’s iGaming has already generated $330.0 million in state tax revenue and another $124.7 million in local taxes.

Source: saturdaytradition.com

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Gambling in the USA

Pennsylvania iGaming Records $228.3M in July 2025

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Pennsylvania’s online casinos soared in July 2025, delivering adjusted gross revenue of $228.3 million. This figure marks the second-highest monthly iGaming total ever reported by the Pennsylvania Gaming Control Board.

It follows the record $238.2 million in March. The revenue reflects a 30.9% year-over-year boost, underscoring broader growth trends in the digital gaming space. The state’s real money online casino market continues expanding as player engagement strengthens.

The surge came as Hollywood Casino at Penn National Race Course and partners led the state with $87.8 million, registering a 37.2% increase over last year. Valley Forge Casino Resort followed with $61.0 million, marking a 34.1% rise. Rivers Casino Philadelphia clocked in $37.8 million, up 26.6%. Meanwhile, Caesars Interactive contributed $10.5 million, up 10.8%.

Tax revenues surged alongside iGaming. The Commonwealth collected $67.4 million in state taxes from online casino play in July. Local tax and county grants added $36.5 million, amplifying the fiscal impact.

Pennsylvania’s total gambling revenue, including land-based casinos and sports betting, totaled $557.7 million, rising 11.4% year-over-year. The iGaming segment alone increased 30.9%, making it a primary growth engine.

Slots dominated iGaming revenue with $177.2 million, followed by table games at $48.5 million and poker at $2.5 million.

Pennsylvania’s sports betting market delivered $40.6 million in revenue during July, a 5.2% increase from last year. Online wagering accounted for $37.9 million, while retail sportsbooks added $2.7 million.

The rise came despite a 0.5% dip in handle, which closed at $412.5 million. Betting from online sportsbooks produced $392.6 million of that total, with retail wagering contributing $19.9 million. The statewide hold rate stood at 9.84%, reflecting stronger margins.

FanDuel, partnered with Valley Forge Casino Resort, led the market once again. It generated $15.5 million in revenue from a $140.9 million handle, posting an 11.00% hold. DraftKings and Hollywood Casino at the Meadows followed, collecting $11.3 million from $112.3 million, equal to a 10.06% hold.

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Fanatics, partnered with Hollywood Casino York, placed third with $2.7 million from a $28.4 million handle, producing a 9.51% hold. Morgantown and BetMGM secured $2.1 million on a $33.3 million handle for a 6.3% hold.

Rounding out the top five, ESPN Bet with Hollywood Casino at Penn National reported $1.7 million from $18.7 million, giving a 9.09% hold.

The data underscores how Pennsylvania’s sports betting operators are strengthening profitability even when overall wagering slows. Analysts expect momentum to accelerate once football season begins, driving higher handles and further testing operator margins.

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Gambling in the USA

Florida Gambling Market Faces Pressure as Offshore Sites Lure Players

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Florida’s gambling picture is shifting again. Court battles over the Seminole Tribe’s compact continue, and legislators are hearing more calls to consider broader online betting.

Even with sports betting tied up in appeals, residents are finding workarounds. Offshore websites still advertise directly to Floridians. Many of them promote speed over safety, boasting that they allow withdrawals with no ID. Regulators say that may sound attractive, but it sidesteps the verification checks required by licensed U.S. operators.

The Seminole Tribe runs the state’s biggest casinos and its Hard Rock brand. Their 2021 compact with the state included online sports betting. That deal faced lawsuits almost immediately, slowing any momentum for a wider rollout. Yet the appetite hasn’t gone away.

People here talk about what’s happening in other states. New Jersey, Pennsylvania, Michigan—they’ve all seen billions wagered online. Tax money follows. Advocates in Florida argue the state is leaving money on the table.

Opponents tell a different story. They warn about access on every phone and the risks that come with it. “Once it’s in an app, you can’t put the genie back in the bottle,” said a Jacksonville-area pastor who has lobbied against expansion. Addiction specialists add that enforcement is more rigid when offshore platforms are already targeting residents.

Tourism officials keep an eye on the numbers, too. Florida casinos, especially in Tampa and South Florida, drive hotel bookings and restaurant traffic. A full online market could change that balance. Some business leaders like the idea of keeping players at home. Others say brick-and-mortar casinos fuel jobs that digital sites will never replace.

For lawmakers in Tallahassee, it’s a tricky call. The Seminole compact brings in revenue through a revenue-sharing deal. Expanding online casinos could mean more money, but also more legal fights with tribes who guard their exclusivity. That divide was one reason ballot measures in 2022 failed, after record spending on both sides.

Residents are split as well. A Miami resident outside a Hard Rock property said this week he enjoys visiting in person. “I wouldn’t mind having it on my phone, but I like the atmosphere here. It’s not the same on a screen.”

Meanwhile, the unregulated market keeps growing. Analysts with the American Gaming Association estimate billions of dollars flow to illegal sites each year nationwide. Florida’s share is significant. Enforcement is difficult, and warnings do little to stop players who want speed, privacy, and access.

The state’s size makes it a prime target. With more than 22 million people, Florida could become one of the largest online casino markets in the country if the law ever changes. For now, the lines hold. The Seminole Tribe runs its venues. Offshore operators keep pushing ads. And residents wait to see if lawmakers will take the next step.

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Source: floridadaily.com

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