US online casino revenue totals $868.6 million in April, up 32.5% over 2024
The seven states that offer regulated online casino gaming combined to generate $868.6 million for the month of April, with all seven showing year-over-year growth of at least 25% individually.
The combined uptick from April 2024 was 32.5%, an increase of more than $213 million. There was little fall-off in April after a record-setting March of more than $900 million in operator revenue. As a highlight, Connecticut set its new standard for the second straight month.
Known wagering handle – Michigan and New Jersey do not publish monthly drop figures – totalled $10.2 billion. Pennsylvania accounted for more than $7.5 billion of that amount, with Connecticut clearing $1.6 billion for the third time in the last four months.
Taxable operator revenue totalled $787.9 million for April, with state coffers claiming $169.3 million of that amount. That figure, which was up $43.9 million from last year, does not include local taxes and tribal disbursements.
Focus on Connecticut
The Nutmeg State is for all intents and purposes a duopoly with DraftKings and FanDuel vying for customers’ attention and dollars. DraftKings has made it a point the last two months to be aggressive and its near-$11 million promotional spend in April was the second straight month it was in eight figures and an all-time high. It also accounted for nearly 1.4% of its overall $816.4 million drop.
That outlay, plus some success on the virtual felt and slots via an all-time best hold of 3.9%, contributed to a record haul of $31.6 million in gross revenue. That was up 38.3% from last year and nearly $3.2 million higher than its short-lived best of $28.4 million set in March.
FanDuel Casino also set its Connecticut record in gross winnings at $29.2 million, but it was only $30,000 higher than March. It was, however, a year-over-year surge of 57.6%. While its promotional spend topped $6 million for the fifth straight month, it continued to be less than 1% of overall drop.
The overall $61 million in winnings was up 47%, while the $1.6 billion drop represented a 23.1% increase.
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