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Industry & Market

iGaming News

Business and market coverage of US online casinos: monthly revenue figures, operator earnings, mergers, platform and supplier deals. The industry beat without the press-release tone.

  1. Atlantic City casinos see Q1 2026 operating profit fall 22.6%

    Atlantic City's nine casinos posted $102.8 million in gross operating profit for the first quarter of 2026, down 22.6% from a year earlier, according to figures the New Jersey Division of Gaming Enforcement released May 22. Net revenue held roughly flat at $725.6 million.

    The casino hotels reported their highest first-quarter expenses in nine years, with higher labor and operating costs cutting into margins. Borgata stayed on top with $39.7 million in operating profit, down 18%. Hard Rock followed at $19.7 million, down 25%, and Ocean at $18.7 million, down 17%.

    Only one of the nine properties grew its profit year over year, and two casinos posted operating losses for the quarter.

  2. Michigan online casinos won $303.4 million in April

    Michigan's 15 internet casinos generated $303.4 million in gross receipts in April, the Michigan Gaming Control Board reported May 19. Revenue rose 22.3% from $248.1 million in April 2025 and ranked as the state's third-highest iGaming month on record.

    Combined with online sports betting, regulated operators reported $371 million in total April revenue. The state collected $60.7 million in iGaming tax for April, and another $22.2 million went to Detroit and other local jurisdictions.

    Only March 2026 ($322.1 million) and December 2025 ($315.8 million) have produced higher monthly iGaming totals for Michigan. The state trails only New Jersey and Pennsylvania for US online casino size.

  3. Pennsylvania online casinos won $311.8 million in April

    Pennsylvania online casinos generated $311.8 million in gross revenue in April, up 9.4% from $285.1 million in April 2025, the Pennsylvania Gaming Control Board reported May 19. Adjusted revenue, after promotional credits, came in at $245.8 million.

    Online slots produced $195.2 million of the April total, online table games $48 million, and online poker $2.6 million. The state collected $113.5 million in iGaming tax revenue for the month.

    Total statewide gaming revenue across all formats rose nearly 11% from April 2025, the PGCB said. Pennsylvania trails only New Jersey for the largest US online casino market.

  4. New Jersey online casinos won $263 million in April

    New Jersey online casinos and their partners won $263.1 million in April, the state Division of Gaming Enforcement reported May 15. That was up 11.9% from $235.2 million in April 2025, though it trailed March, one of the state's strongest months on record.

    Internet gaming win reached $1.05 billion through the first four months of 2026, a 15.1% gain over the $908.4 million booked a year earlier. New Jersey leads all US states in online casino revenue.

    The totals come from licensed operators audited by the Division of Gaming Enforcement.

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