- Michigan generated $1 billion in its first year of online gambling.
- Pennsylvania set a record of $1.1 billion in revenue in 2021.
- Biloxi casinos saw $1.6 billion in revenue as well.
- Ohio totaled $2.31 billion in gambling revenue.
DETROIT - Multiple states have reported record-setting numbers in revenue from online gambling in 2021.
Michigan Brings In $1 Billion In First Year
Those familiar with online gambling have never seen a launch year quite like Michigan had. It became the first state to see over $1 billion in revenue in the first year with online gambling.
Casino games were responsible for $1.1 billion of the total $1.4 billion in revenue.
The sports betting market saw less revenue but did garner a $3.7 billion handle over the year.
Pennsylvania Sets All-Time Record
Pennsylvania generated a record-setting $1.1 billion in revenue from 2021. Slot machines saw nearly a 70% increase from the previous year while sports betting saw a 79.29% increase with its $340 million in revenue.
There was a significant increase in every aspect of online gambling, ranging from a 38% increase in fantasy contests to a 139% in VGTs.
Biloxi Casinos Totals $1.6 Billion In Revenue
The Mississippi Gulf Coast is responsible for a large portion of the state’s gambling income, netting over half of the state’s revenue in 2021. The coastal casinos contributed $1.6 billion in 2021, breaking the previous record of $1.3 billion in 2019.
The state saw the lowest revenue since 1995 in 2020, meaning this record-setting bounce-back in 2021 proves it was just a COVID issue and nothing concerning about the future of online gambling in Mississippi.
Ohio Sees $2.1 Billion From Casino/Racino Revenue
The online casinos have seen record-breaking years in nine of the last 10 years in Ohio with the COVID-19 riddled 2020 year being the only exception. The 2021 calendar year brought in $2.31 billion in revenue which broke the previous record of $1.94 billion in 2019.
Although the same can be said for all the aforementioned records, this one, in particular, is bound to fall next year as history has shown. The month of December saw $197 million in revenue alone, up over $60 million from the previous year and it’s likely the upwards trajectory for Ohio gambling keeps going throughout 2022.