US Online Casino Revenue Hits Record $900 Million In March
Online Casino Revenue Surges Past $900 Million in March: A Record-Breaking Month Across the U.S.
Online casino revenue in the United States soared past the $900 million mark in March, achieving an unprecedented milestone across seven regulated states. This remarkable growth underscores the ever-expanding landscape of the online gambling industry.
Pennsylvania Dominates with $291.6 Million in March Revenue
Leading the charge, Pennsylvania experienced an astounding online casino revenue of $291.6 million, a significant increase from $230.6 million in March 2024. Although no single state has yet surpassed the $300 million monthly threshold, analysts suggest that the current trajectory indicates it may not be long before this benchmark is reached.
The surge in revenue is largely attributed to strategic marketing promotions during the NCAA March Madness tournaments, which drove substantial traffic to mobile casino apps and broadened the audience for various forms of online gambling. With such robust performance, Pennsylvania’s online casinos are positioned as trailblazers in the sector.
Michigan and New Jersey: Both Exceed $240 Million in Gross Revenue
In a similarly impressive feat, both Michigan and New Jersey reported gross revenues exceeding $240 million for their online casinos. Michigan’s market benefits from a diverse range of operators; currently, there are 15 commercial and tribal entities licensed to offer online gaming and sports betting, enhancing competition and consumer choice.
Connecticut’s Growth Fueled by FanDuel and DraftKings
Connecticut’s online gaming landscape saw a remarkable boost as its two licensed operators, FanDuel and DraftKings, generated a combined gross revenue of $57.7 million in March—an increase of over 30% year-on-year. Notably, wagering volumes surged to record levels, with both platforms collectively handling over $800 million in bets, illustrating the deepening engagement of Connecticut’s players in the online gambling market.
West Virginia’s Revenue Soars with a 51.9% Increase
West Virginia also witnessed elevated performance in March, with online casino platforms experiencing a substantial 51.9% revenue increase compared to 2024, amassing $36.4 million from total wagers of $888.8 million. This growth highlights the strong demand for online gambling options in the state.
Delaware’s BetRivers Achieves First-Ever Eight-Figure Monthly Revenue
In Delaware, where BetRivers holds the lone iGaming license, the operator achieved its first-ever eight-figure monthly revenue by bringing in $10.3 million in March. This milestone came against the backdrop of total wagers amounting to $279.9 million, reflecting a 25% increase from the previous quarter.
Bally’s Dominance in Rhode Island
Rhode Island’s casino market remains centralized under Bally’s, the exclusive operator, which reported a gross revenue of $5.1 million for March. This marks Bally’s highest revenue month to date. However, the state’s current monopoly on mobile sports betting is expected to face competition in the near future.
Overview of U.S. States with Legalized Online Casino Gambling
As of now, only seven states in the U.S. have legalized online casino gambling:
- Connecticut
- Delaware
- Michigan
- New Jersey
- Pennsylvania
- West Virginia
- Rhode Island
Collectively, these states generated an astonishing $905.6 million in gross revenue for March—a remarkable 26.2% increase since 2024. This trend demonstrates not only a growing acceptance of online gambling across the nation but also a ripe opportunity for operators to engage with an increasingly enthusiastic player base.
About the Author
Joe Lyons is a seasoned writer in the betting industry, contributing expertise to GamblingIndustryNews. With years of experience on reputable sports and gambling platforms, Joe has also collaborated with Nottingham Forest to produce content for both academy and senior teams. Previously, he covered the Premier League and EFL as an on-site reporter during the 2020/21 season for Prost International. His specialization encompasses various sports, including soccer, basketball, horse racing, and American football, with a focus on creating insightful long-form content, news updates, and betting strategies.
