![]() Dorson Three’s company on Virginia casino scene The AGA’s revenue tracker shows a 15.5% increase compared to Q1 2022, with sports betting revenue up 70.1% and iGaming up 22.7%. 1) and Massachusetts (March 10) launched. During that period, new digital sports betting markets in Ohio (Jan. Those numbers reflect combined revenue for retail gambling, online gambling, and legal sports betting. Preakness Betting Preview: Will ‘The Weakness’ Beget A Change In Schedule? Finders, keepersīeyond Bonuses: Sports Betting Industry Shifts Focus To Retention Return to senderĭear Regulators: Merrick Garland Is The Wrong Guy To Stamp Out Offshore Betting Another record-breaking revenue quarterĮighteen of 30 commercial gambling markets set record revenue highs in the first quarter of 2023, paving the way for an eighth consecutive record-breaking quarter for the industry.Īccording to the American Gaming Association, revenue across legal gaming states in the U.S. How Casinos In Pennsylvania Led To Nationwide Sports Betting Unfamiliar foes Texas Sees Progress, But No Approval, On Gambling Expansion Issues You can’t spell ‘PASPA’ without ‘PA’ on the latest episode of #GambleOn /dwRTbn15ckĭoyle Brunson Changed The Game Of Poker And Never Let It Pass Him By Brave Neo worldĪristocrat Plans To Acquire NeoGames For $1.2 Billion, The Two Companies Announce Texas no step As I'm walking around every day, I'm calculating the EV on my time." "People are fascinated by thinking about life in the same way that you would think about gambling. This week on Gamble On …Įvery Thursday, US Bets drops a new episode of the Gamble On podcast, and this week’s welcomed Establish the Run co-founder Adam Levitan to talk about the future of fantasy, the present of parlays, and his unlikely role as the Dear Abby of DFS: And it’s just going to keep trending upward, whether legislators in the other 46 jurisdictions take notice or not. Yep, there’s a whole lotta money to be made in online casino. The six iCasino states generated total revenue of $475.7 million for April, up 14.4% over April 2022. But they each saw significant growth over their April ’22 numbers - especially West Virginia, where revenue grew about 34% year to year. The other three states with legal mobile casino gambling - Connecticut, West Virginia, and Delaware - aren’t cranking out revenue on the same level as Michigan, Jersey, and Pennsylvania, due to smaller populations and fewer operators. 3 in monthly revenue, it remained tops in tax revenue from iCasino due to a much higher tax rate, with the state collecting $58.3 million in April. In Pennsylvania, the total was up 19.1% over April ’22, and though the Keystone State is consistently No. iCasino champ, revenue was up 16.3% year-over-year in April. Michigan has ascended to the top of the iCasino mountain most months, and its gross revenue haul last month was a 20.4% improvement over the previous April. ![]() It can’t buy you love.īut if it could buy you love, that would mean we have 46 jurisdictions turning their backs on easy access to love.Īcross the board, the online casino states all made more money in April ’23 than they did in April ’22. and Puerto Rico, that haven’t yet legalized. Only six states regulate the vertical as of now, which leaves 44 states, plus D.C. This was April revenue release week in the major legal iCasino states, and here is the overly simplistic takeaway: Online casino remains in a growth pattern with no signs of approaching its leveling-off point. So pull up a chair, crunch the numbers, and slide forward another stack of chips. Sports Handle’s “Get a Grip” rounds up everything on the sports betting side, and US Bets provides the best of the rest: brick-and-mortar happenings, online casino developments, poker headlines, and more. The reels are always spinning in the gambling industry, and “The Double Down” is here every Friday to catch you up on all of the week’s biggest news.
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