Unconventional Betting Options Helped US Online Sportsbooks Rebound In May

After a worst-case scenario hit the sports betting industry in April, legal online sportsbooks in the US began to recover in May.

The COVID-19 pandemic forced the shutdown of virtually all major US sports leagues throughout April. While those shutdowns continued in May, sportsbooks responded by putting more international leagues and niche sports on wagering menus.

Korean baseball, European table tennis, and international soccer offered US bettors new sports to bet on in May, boosting online sports betting revenues across the US.

May 2020 New Jersey Online Sports Betting Revenue

Retail OperatorOnline SkinsMay 2020 RevenueMonth-Over-Month ChangeYTD RevenueYear-Over-Year Change
New Meadowlands RacetrackFanDuel Sportsbook, PointsBet$4,288,003+160.0%$43,396,395+2.4%
Resorts Digital GamingDraftKings Sportsbook, FOX Bet, Resorts$3,766,305+523.2%$29,410,967+9.9%
Borgata Hotel CasinoBorgata Sports, BetMGM$701,283+650.1%$4,897,188+2387.5%
Darby Development (Monmouth Park)Monmouth Park Sportsbook by William Hill$466,142+151.1%$5,588,702-16.9%
Ocean Casino ResortWilliam Hill Sportsbook at Ocean Casino$439,967+383.1%$3,298,349-36.9%
Hard Rock Atlantic CityHard Rock, Bet365, Unibet$230,004+424.0%$878,540+747.2%
Bally’s Park PlaceCaesars Sportsbook, 888 Sport$107,171+433.3%$697,026-47.6%
Golden NuggetGolden Nugget, BetAmerica$54,433N/A*$314,781+103.6%
Tropicana Casino & ResortWilliam Hill Sportsbook Tropicana Atlantic City$23,476N/A*$145,008+614.8%
Totals$10,076,784+275.7%$88,626,956
+6.9%

*indicates a negative revenue total from April 2020

NJ Online Sportsbooks Holding Steady Despite Lack Of Sports

May 2020 saw a huge month-to-month increase in revenue for New Jersey online sportsbooks. Total revenue for May ended up at $10,076,784, compared to $2,681,871 for April.

All major US sports leagues were still shut down due to the COVID-19 pandemic in May. Despite that setback, New Jersey online sportsbooks have recorded a 6.9% increase in revenue over May 2019 year-to-date totals, according to New Jersey DGE reports.

FanDuel Sportsbook (under the New Meadowlands Racetrack license) and DraftKings Sportsbook (licensed to Resorts Digital Gaming) continue to battle for the top spot among New Jersey online sportsbooks.

Pennsylvania Online Sports Betting Revenue May 2020

Retail OperatorOnline SkinsMay 2020 RevenueMonth-Over-Month ChangeYTD Revenue
Valley Forge Casino ResortFanDuel Sportsbook$2,873,834+112.8%$22,099,627
The MeadowsDraftKings Sportsbook$1,309,314+60.6%$13,310,617
Rivers PhiladelphiaSugarHouse Sportsbook$528,072+49.2%$5,409,467
Mount Airy Casino ResortFOX Bet$416,893+66.3%$3,144,082
Rivers PittsburghBetRivers Sportsbook$324,520+48.4%$4,458,656
Parx CasinoParx Sportsbook$309,473+53.8%$4,640,045
Mohegan Sun PoconoUnibet Sportsbook$150,341+293.7%

$1,360,434
Presque Isle DownsBetAmerica$7,216N/A*$137,693
Harrah’s PhiladelphiaCaesars Sportsbook$1,545N/A*$1,054
Totals$5,921,208+83.6%$54,561,675

*indicates a negative revenue total from April 2020

PA Online Sportsbooks See Big Growth In May

Like New Jersey, Pennsylvania’s online sportsbooks rebounded from a down month in April, with 83.6% month-over-month growth in statewide revenue.

Bettors began to find options like international table tennis and Korean baseball leagues on betting menus in May. As a result, all of Pennsylvania’s online sportsbooks realized a revenue boost in May.

FanDuel Sportsbook continues to stand atop the mountain as Pennsylvania’s highest-earning online sportsbook, bringing in more than $22 million in revenue so far in 2020. The Pennsylvania Gaming Control Board revenue reports for sports betting can be found here.

Indiana Online Sports Betting Revenue May 2020

Retail OperatorOnline SkinsMay 2020 RevenueMonth-Over-Month ChangeYTD Revenue
Ameristar CasinoDraftKings Sportsbook$1,801,639+98.3%$15,414,552
Blue Chip CasinoFanDuel Sportsbook$1,056,061+89.2%$7,657,458
French Lick ResortBetRivers Sportsbook$168,721

+44.5%$1,567,976
Belterra CasinoBetMGM$123,467+157.0%

$555,354
Hollywood LawrenceburgPointsBet$74,687N/A*$135,309
Rising Star CasinoBetAmerica$10,042+185.4%$17,479
Horseshoe HammondCaesars Sportsbook$2,755N/A$2,755
Totals3,237,372+98.6%$25,350,883

*indicates a negative revenue total from April 2020

May Boost For Indiana Online Sportsbook Revenue

Overall revenue for Indiana online sportsbooks nearly doubled from April to May. According to figures released by the Indiana Gaming Commission, DraftKings Sportsbook and FanDuel Sportsbook continued to hold the top two spots in the Hoosier State.

Still in its infancy, the Indiana online sports betting market has earned more than $25 million in 2020 through the end of May.

West Virginia Online Sports Betting Revenue May 2020

Retail OperatorOnline SkinsMay 2020 Revenue*Month-Over-Month ChangeYTD Revenue**
Hollywood Casino at Charles Town RacesDraftKings Sportsbook$294,152+233.8%$1,598,400
The GreenbrierFanDuel Sportsbook, BetMGM$277,678+664.9%$1,799,364
Totals$571,830+359.6%$3,397,764

*total revenue figures for weeks ending in May 2020

**total revenue figures for weeks ending in 2020

West Virginia Online Sportsbook Rebound

The pattern of revenue improvement in May over April held in West Virginia as well. Both retail operators realized significant climbs in month-over-month revenue, as legal online sports betting platforms adjusted to the COVID-19 crisis and added more niche and international sports.

West Virginia’s three online sportsbooks have earned nearly $3.4 million in revenue so far in 2020. Detailed weekly revenue figures from the West Virginia Lottery are available here.

Iowa Online Sports Betting Revenue May 2020

Retail OperatorOnline SkinsMay 2020 RevenueMonth-Over-Month ChangeYTD Revenue
Prairie MeadowsWilliam Hill Sportsbook at Prairie Meadows$251,163+292.1%$2,286,546
Isle CasinoWilliam Hill Sportsbook at Isle Casino$106,270+198.1%$892,120
Wild Rose CasinoDraftKings Sportsbook$73,146+257.8%$333,514
Elite Casino ResortsElite Sportsbook$33,642+82.3%$675,971
Catfish Bend CasinoPointsBet$19,159+262.9%$98,157
Lakeside Hotel CasinoWilliam Hill Sportsbook at Lakeside Hotel Casino$14,246+1518.9%$91,431
Hard Rock CasinoHard Rock Sportsbook$13,745+130.5%$154,519
Q CasinoQ Sportsbook-$4,819N/A$112,987
Totals$506,552+223.0%$4,645,245

William Hill Tops Iowa Online Sports Betting Market

Iowa online sportsbooks recovered in May from a slow month due to a lack of sports in April. Overall revenue across all platforms increased 223% month-over-month, according to figures released by the Iowa Racing and Gaming Commission.

William Hill, which partners with three different retail operators in Iowa, leads the online sports betting market in the Hawkeye State.

The William Hill platform licensed to Prairie Meadows maintained its status as the state’s most popular mobile betting site. The William Hill Sportsbook at Prairie Meadows mobile platform leads the state in year-to-date revenue with nearly $2.3 million earned.

Oregon Online Sports Betting Revenue May 2020

OperatorMay 2020 RevenueMonth-Over-Month ChangeYTD Revenue
Oregon Lottery Scoreboard$598,061+52.3%$8,106,759

Table Tennis Drives Oregon Sports Betting Market

Oregon’s lone regulated online sports betting platform gained 52.3% in month-over-month revenue in May. The Oregon Lottery Scoreboard app took in nearly $600,000 in revenue for the month.

The Oregon Lottery released detailed figures breaking down revenue earned by sport in May. According to the numbers, table tennis was the overwhelming favorite among bettors in the Beaver State in May. Table Tennis bets accounted for more than a third of overall revenue.

About the Author

Geoff Fisk

Geoff Fisk is a San Diego-based 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’s interests include the legal online poker industry in the U.S. and abroad.