New gaming revenue records in some US states

Simona Boshkova | Published 21 Apr 2020, 11:20 a.m.

In previous months, there have been many new gaming activities in a couple of US states. For example, last week we reported that the board in Tennessee approved sports betting regulations. During a conference call, the board finalised the license application forms and set a hold cap at 90%.

Furthermore, it was announced that the plan for sports betting launch in Colorado stays, and the Limited Gaming Control Commission started issuing licences to the operators that will provide sports betting services in the state. In addition, Virginia is another state in line to legalise sports betting, and its betting bill is going to be amended.

Now we are bringing you news about the latest online gaming revenue records that were set in a couple of US states, including Pennsylvania, New Jersey, Delaware and Oregon.

Pennsylvania and New Jersey are breaking records

Pennsylvania and New Jersey are two of the US states that have online gambling options besides sports betting. The March revenue of these states is pretty increased, just before the spring online championships that will take place this month.

The Mount Airy casino, together with PokerStars, brought online gambling in Pennsylvania in November. Therefore, according to the numbers from the Pennsylvania Gaming Control Board, Mount Airy drew over $3m in revenue in March 2020, breaking the record of $2m set in December 2019.

On the other side, according to the New Jersey Division of Gaming Enforcement, there is a 90.9% revenue increase in New Jersey in March 2020, compared to March 2019. What’s more, March saw more than double the amount of online gambling revenue compared to February, for more than $1m.

All those numbers don’t include the numbers from the Pennsylvania Spring Championship of Online Poker and New Jersey Spring Championship of Online Poker tournaments that will start now, with the finale on April 27. It’s expected that the March performance records will fall when the April numbers arrive.

Delaware sports betting saw mixed numbers in March

Even if the Delaware sports betting handle was down 45% in February, its revenue increased more than 250% in March. Moreover, apart from sports betting, Delaware saw a big increase in online gambling in March as well.

According to the Delaware Lottery, sports bettors wagered almost $4m in March, in comparison to February’s $7m. That is because three licenced casinos in Delaware closed in the middle of the month. However, the revenue went from $159,800 in February to $571,486 in March, an increase of 250% and more.

In online gaming, Delaware saw about $9m played in March in online table games, which is more than double compared to the February total of $4m. Also, the state saw an increase in March revenue from online games. For example, video lottery saw a revenue increase of 27.4% in March, as compared with February.

Oregon sports betting figures saw a drop in March

On the other hand, the sports betting situation in Oregon saw a drop in March due to a cyberattack. Scoreboard, the Oregon Lottery’s sports betting app, had over $9m in March sports betting handle which brought $937,750 in revenue. This number is a 56% drop from February’s in total handle and a 36% drop in revenue.

Last month, a cyberattack hit SBTech, the sports betting company that powers Scoreboard. This caused the Oregon sports betting figures to drop in March. The state didn’t say how long the site was down, but it was announced that the site is now running and no customer data was compromised.