Online Casino Revenue Records: Which States Are Growing Fastest? (2026)

Michigan posted the fastest revenue growth among the three largest US online casino markets in May 2026, up 24.2% year-over-year to $305.8 million, while New Jersey and Pennsylvania both set new monthly revenue records. Smaller markets — Delaware, Rhode Island, and West Virginia — posted even faster percentage growth as their markets continue to mature.

Key Takeaways:

• New Jersey set a new monthly online casino revenue record in May 2026: $276.3 million, up 11.9% year-over-year.
• Pennsylvania's combined gaming revenue of $625.5 million in May 2026 was the highest monthly total in state history; online casino games alone brought in $254.8 million.
• Michigan posted $305.8 million in iGaming gross receipts in May 2026, a 24.2% year-over-year increase — the fastest growth among the three largest markets.
• West Virginia's online casino revenue grew 32.1% year-over-year in May 2026, reaching $39.5 million.
• The US legal online casino industry generated $10.73 billion in 2025, up 27.6% year-over-year, according to the American Gaming Association.

Which State Has the Highest Online Casino Revenue?

Pennsylvania is the largest online casino market in the US by annual revenue, generating $3.46 billion in 2025, according to the American Gaming Association's State of the States 2026 report. Michigan posted the highest single-month total among the three largest states in May 2026, with $305.8 million in iGaming gross receipts, narrowly ahead of New Jersey's $276.3 million and Pennsylvania's $254.8 million for that month.

States report revenue using different methods. Michigan publishes gross receipts before promotional deductions, while New Jersey and Pennsylvania report post-promotional revenue. Month-to-month comparisons between states should be read as directional rather than exact.

Which State's Online Casino Revenue Is Growing Fastest?

Smaller, newer markets are growing faster than the largest states in percentage terms. West Virginia's online casino revenue rose 32.1% year-over-year in May 2026, outpacing New Jersey, Pennsylvania, and Michigan. Industry trackers report even steeper growth in Delaware and Rhode Island over the same period.

The American Gaming Association's State of the States 2026 report found that Delaware, Rhode Island, and West Virginia posted the strongest online casino growth of any states in 2025, a trend that has continued into 2026.

New Jersey's Record-Breaking May

New Jersey's Internet Gaming Win hit $276.3 million in May 2026, a new monthly record and an 11.9% increase over May 2025's $246.8 million, according to the New Jersey Division of Gaming Enforcement. Year-to-date online casino revenue through May reached $1.32 billion, up 14.4% over the same period in 2025. Online casino revenue has now exceeded Atlantic City's physical casino win for nine consecutive months.

Pennsylvania Posts Record Revenue in May 2026

The Pennsylvania Gaming Control Board reported total combined gaming revenue of $625.5 million in May 2026, the highest monthly total in state history. Online casino games accounted for $254.8 million of that total, up 9.44% year-over-year from $232.9 million in May 2025. Online poker added a further $2.48 million, though that figure was down 9.7% year-over-year.

Michigan and West Virginia's Rapid Growth

Michigan's online casino market generated $305.8 million in gross receipts in May 2026 (adjusted gross revenue of $293.5 million), a 24.2% increase over the prior year — the fastest growth rate among the three largest states. West Virginia, a much smaller market, grew even faster in percentage terms: $39.5 million in May 2026, up 32.1% year-over-year.

The Bigger Picture: US Online Casino Revenue in 2026

The US legal online casino industry generated $10.73 billion in total revenue in 2025, up 27.6% from 2024, according to the American Gaming Association. Industry trackers estimate the market generated roughly $1.03 billion in May 2026 alone, up 14.7% year-over-year, putting the first five months of 2026 at approximately $5.04 billion — though this cumulative figure comes from industry trackers rather than a confirmed AGA report and should be treated as an estimate.

Rising industry revenue reflects more legal, regulated play — not a reason to chase losses. Always gamble within your means. For support, contact the National Council on Problem Gambling at ncpgambling.org or call 1-800-GAMBLER.

Frequently Asked Questions

Which state has the most online casino revenue in 2026?

Pennsylvania is the largest annual market, generating $3.46 billion in 2025. Michigan posted the highest single-month total in May 2026 at $305.8 million, narrowly ahead of New Jersey's $276.3 million and Pennsylvania's $254.8 million for that month.

Which state's online casino revenue is growing the fastest?

West Virginia grew 32.1% year-over-year in May 2026 — faster than New Jersey, Pennsylvania, or Michigan. The American Gaming Association also names Delaware and Rhode Island among the fastest-growing online casino markets.

Did New Jersey set an online casino revenue record in 2026?

Yes. New Jersey's Internet Gaming Win hit $276.3 million in May 2026, a new monthly record, up 11.9% year-over-year according to the New Jersey Division of Gaming Enforcement.

How much does the US online casino industry make per year?

The US legal online casino industry generated $10.73 billion in 2025, up 27.6% year-over-year, according to the American Gaming Association's State of the States 2026 report.

Is Michigan's online casino market bigger than New Jersey's?

In May 2026, Michigan's $305.8 million in gross receipts was higher than New Jersey's $276.3 million for that month. Annually, Pennsylvania remains the largest single online casino market, and state comparisons are complicated by different revenue-reporting methods.

These record-setting markets are also home to the country's largest licensed operators, including DraftKings Casino, FanDuel Casino, and BetMGM Casino. See which casinos are licensed in your state on our state guides page.