US Gambling Top 10 States As Ranked By PlayUSA – PlayUSA

In the United States of America, we love sports, we love betting, and we love rankings.

There are rankings for the best hot dog, best pizza topping, and the best type of hot dog as a pizza topping (gross), so PlayUSA decided to do a current ranking of the key states in the US gambling and US online gambling industry.

Its like each state was a football team and gambling was the game. Whos winning? Whos hot? What state is overachieving, and which ones arent?

Were talking US online casinos and brick and mortar. Different states have different offerings and dont get me started on just what each states governing body shows regarding revenue and profits and what they dont.

Our PlayUSA Top 10 Money Makers rankings (working title) will be a blend of objective matters, like, real dollars and cents, but also subjective.

Ohio isnt legalizing sports betting until Jan. 1, 2023, but are they going to be a big player when they do? Do they deserve to be on the list? The answer is yes.

But where would they rank?

I think the thing Americans love most these days is arguing. Lets spark some debate with the PlayUSA Top 10.

Arizona mobile sportsbook operators: 18

Population: 7.1 million

Casinos: 36

Money matters: First, props to Arizona for having one of the cleanest and easiest to understand revenue reports, but for purposes of our rankings, we dont want to focus so much on revenue, adjusted gross revenue, and tax rates.

Do you know why? Because every state has different metrics and different tax rates. Show PlayUSA the money. Show us the handles, how much money was bet. Period.

The latest numbers for Arizona show wagers for April were $512 million. It was down from March, but every states numbers were basically down from March. Arizona has a good infrastructure but doesnt get the same love as its Nevada neighbor.

Indiana mobile sportsbook operators: 13

Population: 6.7 million

Casinos: 13

Money matters: Indiana is that state that you didnt know was doing so well but has become a beacon of smart casino management. Whether that holds up long-term with the growth of state No. 8 remains to be seen.

Indiana also does an amazing job breaking down its revenue reports (hey, thats a plus for the guy doing the rankings). For May, it showed a total handle for sports betting of $308 million, which was down from $360 in April.

We also know that sports betting handle isnt the perfect indicator of a states overall casino industry health, but it is a huge clue, and Indiana is healthy and strong. When you look at the states population and the total handle, Indiana is a winner.

Illinois mobile sportsbook operators: 7

Population: 12.8 million

Casinos: 11

Money matters: We ding Illinois for not showing the handle, just the adjusted gross revenue for its 11 casino locations. That number (AGR) has held steady at over $110 million for the last three months.

Illinois makes this list, though, because of its potential mixed with what it currently offers. When the big casino opens on Chicagos North Side, it will be a game-changer.

Virginia mobile sportsbook operators: 14

Population: 8.6 million

Casino: 1, temporary casino opening Friday in Bristol

Money matters: The sports wagering handle for April was just short of $400 million. Virginia is still tapping its potential as a major gambling market.

With the District of Columbia having all kinds of weird restrictions that arent going away any time soon, Virginia is poised to grow. Four cities, starting with Bristol, will have brick-and-mortar casinos in the coming years. But those unregulated gray gambling machines have got to go.

Ohio mobile sportsbook operators: TBA

Population: 11.8 million

Casinos: 11

Money matters: Ohio took a different track from other states regarding sports betting, setting one universal launch date of Jan. 1, 2023. Its in the process of soliciting operators and handing out licenses.

All that stuff is boring for people in Ohio. They like their football in Ohio, and its a bummer they will miss out on betting on the upcoming season.

Meanwhile, the Ohio Casino Control Commission reported revenue of $81 million for June. Thats the fourth straight month it has dropped since a peak of $93 million in March. Wed still rather see the handle numbers.

Michigan mobile sportsbook operators: 15

Population: 10 million

Casinos: 25

Money matters: Here we go. Michigan isnt afraid to show its big numbers. The three Detroit casinos reported $108.7 million in May revenue, but thats down from the numbers in March and April.

Lets note two things about all the revenue numbers: 1. Inflation is a factor, and 2. summer means fewer sports to bet on and different summer vacation plans.

Michigan showed $333 sports betting handle in May. Thats the lowest its been all year. The Ohio/Michigan rivalry will be fun to watch.

Pennsylvania mobile sportsbook operators: 14

Population: 13 million

Casinos: 16

Money matters: There have been huge numbers coming out of Pennsylvania. For May, the total handle was $493 million for sports wagering, but thats way off of the $714 million for March.

Casino revenue has also tapered off. LIVE Casino Philadelphias gross wagers were down for the second straight month, so Pennsylvania gets penalized a bit here, but its overall numbers are still huge.

New Jersey mobile sportsbook operators: 21

Population: 9.3 million

Casinos: 20

Money matters: Bettors put down $766.4 million on sports in May. In May. When there is nothing really to bet on. Just wait until football season. The revenue numbers for New Jerseys land-based casinos were relatively flat at $233 million.

But the best news in New Jersey in the last week was the fact that the operators negotiated a deal with workers in Atlantic City and avoided a strike. No one was buying the argument that the casinos were sharing too much revenue with their partners. Some of that money had to go back to the workforce.

New York mobile sportsbook operators: 8

Population: 20.2 million

Casinos: 24

Money matters: The state with the biggest population on this list has to rank high. It has systemic advantages. Think of it like Ohio State in college football. Its big and getting better all the time.

New York does its industry reports by the week, which makes it a bit of an outlier. It reported a $1.3 billion handle in May for online sportsbooks, and for the week ending on June 26, it had $218 million. You cant ignore the numbers.

Now, whats going to happen with a land-based casino in New York City? Is it a dream? A reality?

Nevada mobile sportsbook operators: Over a dozen, many linked to casinos.

Population: 3.1 million

Casinos: 334

Money matters: If New York is the Ohio State, then Nevada is Alabama, always the favorite, even though it can be beaten from time to time. Nevada reported its best May ever with a $1.3 billion gaming win for the casinos.

Nevada/Las Vegas is still the leader of American gambling and are No. 1, but there are lots of challenges and even more competition coming.

See original here:

US Gambling Top 10 States As Ranked By PlayUSA - PlayUSA