US Mobile Sports Betting Revenue Roundup: May 2021

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Online sports betting in the US continues on a record-setting pace for 2021. Major sports around the world were back on a full schedule in May 2021, a sharp contrast to the sports betting landscape from 12 months earlier.

The NBA Playoffs bolstered somewhat surprising mobile betting numbers in May. New Jersey and Indiana posted month-to-month online sports betting handle gains, not a typical occurrence in one of the slower months on the US sports calendar.

Four of the nation’s top sports betting markets released May revenue figures this week. Here’s a look at how mobile sports betting shaped up in New Jersey, Pennsylvania, Michigan, and Indiana for May 2021:

May 2021 Online Sports Betting Handle And Revenue

StateMay 2021 Online Sports Betting HandleMay 2021 Online Sports Betting Revenue
New Jersey$734,654,926
$48,147,445
Pennsylvania$407,398,753$22,505,210
Michigan$237,551,158
$9,876,406
Indiana$228,428,131
$15,307,577

New Jersey Online Sports Betting Handle May 2021

 May 2021 Mobile Betting HandleMTM Handle Change
New Jersey $734,654,926
+7.9%
2021 Totals$3,771,883,378

New Jersey Online Sports Betting Revenue May 2021

Retail OperatorOnline SkinsMay 2021 RevenueMonth-To-Month ChangeYTD RevenueYear-Over-Year Change
New Meadowlands RacetrackFanDuel Sportsbook, PointsBet$29,800,154+16.6%$150,666,335+247.2%
Resorts Digital GamingDraftKings Sportsbook, FOX Bet, Resorts$9,544,335-20.5%$59,150,329+101.1%
Borgata Hotel CasinoBorgata Sports, BetMGM$4,689,762-9.7%$28,610,624+484.2%
Darby Development (Monmouth Park)Monmouth Park Sportsbook by William Hill, SugarHouse, TheScoreBet$1,803,835+2.9%$10,669,538+90.9%
Ocean Casino ResortWilliam Hill Sportsbook at Ocean Casino, Tipico $1,321,865-27.8%$12,078,260+266.2%
Boardwalk RegencyCaesars Sportsbook, 888 Sport, WynnBET$518,217N/A
$1,749,615+151.0%
Hard Rock Atlantic CityHard Rock, Bet365, Unibet$508,488-52.4%$5,245,242+497.0%
Tropicana Casino & ResortWilliam Hill Sportsbook Tropicana Atlantic City$48,000-9.3%$392,246
+170.5%
Golden NuggetGolden Nugget, TwinSpires-$87,211
N/A$365,839+16.2%
Totals$48,147,445
+1.4%$268,928,028
+203.4%

May generally marks one of the slower months in the US sports betting calendar, but New Jersey’s online sportsbooks thrived last month nonetheless. Online sports betting handle jumped 7.9% from April to May, with $734,654,926 in mobile wagers placed in the Garden State.

New Jersey generated $814,270,654 in combined mobile and retail betting handle tops in the US for May. Online sports betting produced 90.2% of overall handle, as New Jersey continues to prove the viability of mobile sports wagering.

Online sports betting revenue came in at $48,147,445 in May, and year-to-date revenue stands at just under $269 million. On that pace, New Jersey’s online sportsbooks would generate $645.4 million in revenue and $83.8 million in state tax revenue in 2021.

The New Meadowlands Racetrack license dominated the landscape in New Jersey, bolstered by the popularity of FanDuel Sportsbook.

You can view the New Jersey Division of Gaming Enforcement’s monthly revenue summaries and press releases at the DGE website.

Pennsylvania Online Sports Betting Handle May 2021

 May 2021 Mobile Betting HandleMTM Handle Change
Pennsylvania $407,398,753
-7.2%
2021 Totals $2,410,451,333

Pennsylvania Online Sports Betting Revenue May 2021

Retail OperatorOnline SkinsMay 2021 RevenueMonth-To-Month ChangeYTD RevenueYear-Over-Year Change
Valley Forge Casino ResortFanDuel Sportsbook$14,184,444
+28.1%
$57,289,727
+266.7%
The MeadowsDraftKings Sportsbook$3,851,154
-29.2%
$26,043,118
+273.3%
Hollywood Casino at Penn NationalBarstool Sportsbook$1,649,143N/A$5,234,706
N/A
Parx CasinoParx Sportsbook$978,471
-34.1%
$6,877,676
+74.1%
Rivers PittsburghBetRivers Sportsbook$872,598
-34.5%$5,514,295+63.2%
Rivers PhiladelphiaSugarHouse Sportsbook$713,598
-18.8%
$4,626,409
+6.5%
Mount Airy Casino ResortFOX Bet$690,877-4.1%
$4,959,586
+104.4%
Hollywood Casino MorgantownBetMGM$268,069-76.5%$3,683,025
N/A
Mohegan Sun PoconoUnibet Sportsbook$94,087
-13.4%
$959,573
+229.2%
Harrah’s PhiladelphiaCaesars Sportsbook-$70,351
N/A
$16,284
N/A
Presque Isle DownsTwinSpires-$203,450N/A-$392,987N/A
Totals$22,505,209
+4.7%
$113,323,075
+205.6%

Pennsylvania maintains a steady status as one of the top three sports betting markets in the US. New Jersey stands as the clear No. 1 sports betting state, while Pennsylvania, Illinois, and Nevada battle for the No. 2 spot in 2021.

Both Pennsylvania and Illinois rely heavily on mobile wagering as the backbones of prosperous sports betting industries. Pennsylvania’s online sportsbooks generated $407,398,753 in betting handle in May.

That number marks a 7.2% drop month-to-month against April. Combined handle from retail and online sportsbooks ended up at $447,465,027 in Pennsylvania in May.

Illinois and Nevada have yet to release sports betting revenue figures for May, but Pennsylvania will presumably come in as one of the top three overall sports betting markets based on monthly handle. Online wagers produced 91% of all bets in Pennsylvania in May.

FanDuel Sportsbook (under the Valley Forge license) had produced more than half of all mobile sports betting revenue in Pennsylvania in 2021. DraftKings Sportsbook takes the No. 2 spot in the Pennsylvania market, followed by several different brands vying for market share (Parx, BetRivers, Barstool, FOX Bet).

The Pennsylvania Gaming Control Board’s monthly press release and revenue reports updated the revenue figures on Thursday.

Michigan Online Sports Betting Handle May 2021

 May 2021 Mobile Betting HandleMTM Handle Change
Michigan $237,551,158-4.9%
2021 Totals $1,263,899,045

Michigan Online Sports Betting Revenue May 2021

Retail OperatorOnline SkinsMay 2021 RevenueMonth-Over-Month ChangeYTD Revenue
MotorCity Casino Hotel
FanDuel Sportsbook$7,418,043+41.9%
$6,561,539
MGM Grand DetroitBetMGM$2,744,345
-27.5%$15,301,396
Greektown Casino HotelBarstool Sportsbook$737,394
-37.3%
$5,891,927
Little Traverse Bay Bands of Odawa Indians
FOX Bet$205,716
+26.1%$430,483
Sault Ste. Marie Tribe of Chippewa IndiansWynnBET$87,233-3.0%$384,926
Grand Traverse Band of Ottawa and Chippewa IndiansWilliam Hill-$7,150N/A
$179,656
Keweenaw Bay Indian Community
Golden Nugget Sportsbook-$17,804N/A-$57,878
Little River Band of Ottawa IndiansBetRivers-$41,313
N/A-$633,590
Lac Vieux Desert Band of Lake Superior Chippewa Indians
PointsBet-$93,079N/A-$1,051,257
Hannahville Indian CommunityTwinSpires-$104,554N/A-$436,880
Pokagon Band of Potawatomi Indians
Four Winds Sportsbook-$271,294
N/A-$447,936
Bay Mills Indian CommunityDraftKings Sportsbook-$781,132
N/A-$2,374,719
Totals$9,876,406
-9.2%
$23,747,667

Based on handle, Michigan emerged as a top-five US mobile sports betting market immediately after the Jan. 2021 launch of online sportsbooks in the state. Michigan’s mobile sports betting apps produced $237,551,158 in handle in May, a figure that likely puts the state among the top five markets again for May.

While Michigan’s sports enthusiasts are placing plenty of bets, the state’s online sports betting revenue hasn’t yet reached its full potential. The 12 mobile sports betting apps in the state generated $9,876,406 in adjusted gross revenue, only around half of the state’s $19,459,443 unadjusted revenue total.

Those numbers equate to promotional credits (welcome bonuses and other offers) negating around 50% of overall revenue in May. FanDuel Sportsbook, DraftKings Sportsbook, and BetMGM top the field in the battle for Michigan market share.

Betting handle numbers point to big things for the future of Michigan sports betting, which should emerge as another thriving mobile wagering market in future months. You can view the Michigan Gaming Control Board’s monthly revenue figures here.

Indiana Online Sports Betting Handle May 2021

 May 2021 Mobile Betting HandleMTM Handle Change
Indiana$228,428,131
+9.3%
2021 Totals$1,248,908,194

Indiana Online Sports Betting Revenue May 2021

Retail OperatorOnline SkinsMay 2021 RevenueMonth-Over-Month ChangeYTD Revenue
Blue Chip CasinoFanDuel Sportsbook$7,636,128+34.3%$33,281,856
Ameristar CasinoDraftKings Sportsbook, theScore Bet$3,070,261-50.7%
$31,463,726
Belterra CasinoBetMGM, BetWay$2,519,927-18.0%$15,073,099
Hollywood LawrenceburgPointsBet, Barstool Sportsbook$1,276,242+60.6%$6,375,762
French Lick ResortBetRivers Sportsbook$438,229
+14.7%
$2,967,724
Tropicana EvansvilleWilliam Hill$173,885
-54.1%
$2,560,137
Rising Star CasinoTwinSpires$109,952
+187.3%$164,224
Horseshoe HammondCaesars Sportsbook, Unibet$82,953+282.0%$428,133
Totals$15,307,577
-7.8%
$92,314,661

Like New Jersey, the usual dropoff in sports betting interest in May didn’t apply to Indiana last month. Mobile sports betting apps in the Hoosier State produced $228,428,131 in May wagers, a 9.3% increase month-to-month versus April.

The state’s 11 online sportsbook brands produced $15,307,577 in May revenue. That number will likely place Indiana among the top-five revenue-producing states in the US mobile sports betting industry in May, pending revenue figures from other states.

Indiana persists as one of the most viable and consistent mobile sports betting markets in the nation. Mobile sportsbooks are on pace to produce right around $3 billion in annual wagers by the end of 2021.

The monthly revenue report from the Indiana Gaming Commission can be viewed here.

About the Author

Geoff Fisk

Geoff Fisk is a San Diego-based freelance writer, specializing in the poker and gambling industries. He’s written for numerous platforms and has traveled the globe as a live poker tournament reporter. Geoff is an avid sports fan, but poker is his passion.

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