US Online Sports Betting Revenue Roundup for April 2021

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The end of March Madness signals the end of the juiciest part of the US sports betting calendar. The NCAA Men’s Basketball Tournament follows up on six straight months of the NFL and college football, and that stretch produces some of the most significant sports betting events of the year.

The arrival of spring means a reset for US sports, with MLB and the NBA representing the majority of betting opportunities. That change in the weather for US sports led to a month-to-month decline in sports betting revenue throughout the nation.

Four of the top online sports betting markets in the US still produced plenty of wagers, however, as seen in this month’s Gaming Today online sports betting revenue roundup.

April 2021 Online Sports Betting Handle And Revenue Comparison

StateHandleRevenue
New Jersey$681,177,434$47,475,758
Pennsylvania$439,065,648$21,488,319
Michigan$249,874,968$10,881,564
Indiana$209,070,980$16,609,800

New Jersey Online Sports Betting Handle April 2021

 April 2021 Mobile Betting HandleMTM Handle Change
New Jersey $681,177,434-12.7%
2021 Totals$3,037,228,452

New Jersey Online Sports Betting Revenue April 2021

Retail OperatorOnline SkinsApril 2021 RevenueMonth-To-Month ChangeYTD RevenueYear-Over-Year Change
New Meadowlands RacetrackFanDuel Sportsbook, PointsBet$25,557,938
-10.7%
$120,866,181
+209.1%
Resorts Digital GamingDraftKings Sportsbook, FOX Bet, Resorts$11,999,751
-15.2%
$49,605,994
+93.4%
Borgata Hotel CasinoBorgata Sports, BetMGM$5,193,406
-19.8%
$23,920,862
+470.1%
Ocean Casino ResortWilliam Hill Sportsbook at Ocean Casino, Tipico $1,831,176
-33.4%
$10,756,395
+276.3%
Darby Development (Monmouth Park)Monmouth Park Sportsbook by William Hill, SugarHouse, TheScoreBet$1,753,203
-22.0%$8,865,703
+73.1%
Hard Rock Atlantic CityHard Rock, Bet365, Unibet$1,068,104
-22.9%
$4,736,754
+630.4%
Golden NuggetGolden Nugget, TwinSpires$202,541+81.7%$453,050+74.0%
Tropicana Casino & ResortWilliam Hill Sportsbook Tropicana Atlantic City$52,922
-62.9%
$344,246+183.3%
Boardwalk RegencyCaesars Sportsbook, 888 Sport, WynnSports-$183,283
N/A$1,231,398
+108.8%
Totals$47,475,758
-16.1%
$220,780,583
+181.1%

New Jersey persists as the gold standard for legal sports betting in the US. The state’s online sportsbooks took more than $681 million in bets in April, topping all other states.

That figure marks a 12.7% drop month-to-month against March, but that’s to be expected with the NCAA Men’s Basketball Tournament driving bug numbers last month. April’s bets put New Jersey over the $3 billion mark in online betting handle for 2021 so far.

New Jersey’s mobile sports betting apps generated just under $47.5 million in April revenue. The New Meadowlands Racetrack license (FanDuel Sportsbook, PointsBet) accounted for more than half of that revenue.

With more than 20 online sportsbooks at the disposal of bettors, New Jersey continues to display what a competitive sports betting market can achieve at full maturity. The April revenue reports from the New Jersey Division of Gaming Enforcement can be viewed here.

Pennsylvania Online Sports Betting Handle April 2021

 April 2021 Mobile Betting HandleMTM Handle Change
Pennsylvania $439,065,648-14.6%
2021 Totals $2,003,052,580

Pennsylvania Online Sports Betting Revenue April 2021

Retail OperatorOnline SkinsApril 2021 RevenueMonth-To-Month ChangeYTD RevenueYear-Over-Year Change
Valley Forge Casino ResortFanDuel Sportsbook$11,070,205+6.2%$43,105,283+306.3%
The MeadowsDraftKings Sportsbook$5,437,687-9.9%$22,191,964+265.8%
Parx CasinoParx Sportsbook$1,484,730+24.2%$5,899,205+60.6%
Rivers PittsburghBetRivers Sportsbook$1,332,042+3.1%
$4,641,697+49.6%
Hollywood Casino MorgantownBetMGM$1,139,054
-31.5%
$3,414,956
N/A
Rivers PhiladelphiaSugarHouse Sportsbook$879,234-3.6%$3,912,811+0.7%
Mount Airy Casino ResortFOX Bet$720,656-20.9%$4,268,709+107.2%
Mohegan Sun PoconoUnibet Sportsbook$108,658-60.1%$865,486+249.6%
Presque Isle DownsBetAmerica-$31,291N/A-$189,537N/A
Harrah’s PhiladelphiaCaesars Sportsbook-$82,983N/A
$86,635N/A
Hollywood Casino at Penn NationalBarstool Sportsbook-$102,568N/A$3,585,563N/A
Totals$21,488,319-17.3%$90,817,866+205.5%

Pennsylvania cleared the $2 billion milestone in online betting handle for 2021, with bettors in the Keystone State putting in more than $439 million in online bets in April. Mobile betts apps accounted for 91.6% of all sports wagered placed in Pennsylvania in April.

Online sports betting revenue came in at $21,488,319 for April, a 17.3% month-to-month drop compared to March. Total revenue for 2021 went over the $90 million mark, which represents a 205.5% increase year-over-year against 2020.

Pennsylvania is certainly enjoying the wave of an online sports betting boom period when compared to just 12 months ago. FanDuel Sportsbook and DraftKings Sportsbook rule the landscape of Pennsylvania’s online sports betting market, with the two giants of the industry accounting for 71.8% of total 2021 revenue so far.

The April revenue figures released by the Pennsylvania Gaming Control Board can be seen here.

Michigan Online Sports Betting Handle April 2021

 April 2021 Mobile Betting HandleMTM Handle Change
Michigan $249,874,968
-30.5%
2021 Totals $1,026,347,887

Michigan Online Sports Betting Revenue April 2021

Retail OperatorOnline SkinsApril 2021 RevenueMonth-Over-Month ChangeYTD Revenue
MotorCity Casino Hotel
FanDuel Sportsbook$5,226,606
+4.6%-$856,503
MGM Grand DetroitBetMGM$3,783,311-40.7%
$12,557,051
Greektown Casino HotelBarstool Sportsbook$1,175,293-67.2%$5,154,533
Bay Mills Indian CommunityDraftKings Sportsbook$998,295
-72.8%
-$1,593,587
Little Traverse Bay Bands of Odawa Indians
FOX Bet$163,175+18.3%
$224,767
Sault Ste. Marie Tribe of Chippewa IndiansWynnBET$89,902
-63.1%
$297,693
Grand Traverse Band of Ottawa and Chippewa IndiansWilliam Hill-$8,162
N/A
$186,807
Hannahville Indian Community
TwinSpires-$12,190N/A-$332,326
Little River Band of Ottawa IndiansBetRivers-$28,856N/A-$592,278
Keweenaw Bay Indian Community
Golden Nugget Sportsbook-$43,215N/A-$40,075
Pokagon Band of Potawatomi Indians
Four Winds Sportsbook-$107,524N/A-$176,641
Lac Vieux Desert Band of Lake Superior Chippewa Indians
PointsBet-$355,073
N/A-$958,178
Totals$10,881,564-42.7%$13,871,261

The first few weeks after the January 22 online sports betting launch in Michigan saw customer acquisition promo credits outweighing revenue. Many of the state’s mobile sports betting apps have climbed out of that negative revenue hole, however.

Combined revenue across Michigan’s 12 online sportsbooks came in at $10,881,564 for the month. Mirroring the trend seen in other top sports betting markets, April revenue took a 42.7% slide when compared to March.

Michigan’s online sportsbooks took just under $250 million in wagers for April. While some other states haven’t reported April handle yet, it appears Michigan will clock in as a top-five US market in terms of April online betting handle.

FanDuel Sportsbook and BetMGM have emerged as the top choices for Michigan’s mobile sports bettors. The competition is fierce among the rest of the pack, with DraftKings Sportsbook and Barstool Sportsbook both posing a threat to take one of the top two spots in the Michigan market.

The April revenue figures from the Michigan Gaming Control Board can be viewed here.

Indiana Online Sports Betting Handle April 2021

 April 2021 Mobile Betting HandleMTM Handle Change
Indiana$209,070,980-25.1%
2021 Totals$1,020,480,063

Indiana Online Sports Betting Revenue April 2021

Retail OperatorOnline SkinsApril 2021 RevenueMonth-Over-Month ChangeYTD Revenue
Ameristar CasinoDraftKings Sportsbook, theScore Bet$6,233,533
-28.7%$28,393,465
Blue Chip CasinoFanDuel Sportsbook$5,686,723-16.1%$25,645,728
Belterra CasinoBetMGM$3,074,269
-14.5%
$12,553,172
Hollywood LawrenceburgPointsBet$794,476
-52.1%
$5,099,520
French Lick ResortBetRivers Sportsbook$381,975-53.9%$2,529,495
Tropicana EvansvilleWilliam Hill$378,830-56.9%$2,386,252
Rising Star CasinoTwinSpires$38,277-3113.9%
$54,272
Horseshoe HammondCaesars Sportsbook, Unibet$21,717
-84.6%
$345,180
Totals$16,609,800-26.6%$77,007,084

Online sportsbooks in the Hoosier State took more than $209 million in bets in April. That figure puts Indiana over the $1 billion online handle mark for the year, and the state is on pace to generate more than $3 billion in online bets in 2021.

Indiana generally realizes a bigger portion of overall bets coming from retail sportsbooks when compared to other states. The mobile share of overall handle keeps creeping up however, coming it at over 88% for the third consecutive month.

Mobile sports betting apps produced more than $16.6 million in April revenue. DraftKings and FanDuel stand as the top two online sportsbooks in the Indiana market, followed by BetMGM.

April’s figures 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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