The U.S. online casino market continued its strong growth in April, reaching $868.6 million in total revenue from seven regulated states. This marks a 32.5% increase from April 2024, adding over $213 million year-on-year. Each of the seven states posted at least 25% growth over last April. The total came in slightly below March’s record-setting $900 million, but April delivered one of the industry’s best months to date.

Known platforms across the states hit $10.2 billion, except Michigan and New Jersey. Pennsylvania made more than $7.5 billion, while Connecticut crossed the $1.6 billion mark for the third time in four months. Taxable operator revenue was a total of $787.9 million. States collected $169.3 million in taxes, up nearly $44 million from last year. 

Connecticut’s Duopoly Drives Record Revenue

DraftKings and FanDuel operate within Connecticut. DraftKings led the way in April, spending nearly $11 million on promotions, its highest ever and the second straight month above $10 million. The company accrued a record $31.6 million in gross revenue and its 3.9% hold rate boosted earnings above the previous record set in March. FanDuel also hit a new high, with a 57.6% increase from last year at $29.2 million. 

Combined winnings in Connecticut reached $61 million. Furthermore, the $1.6 billion in wagers marked a 23.1% increase while current gross revenue sits at $225.1 million.

Delaware and Rhode Island See Big Gains

Delaware and Rhode Island, which only have one active operator, enjoyed massive growth in April. BetRivers brought in $9.9 million, slightly below the March record but a 95.7% jump from April 2024. Total handle in Delaware accumulated to $1 billion for the year, already more than halfway above last year’s $1.89 billion total. Bally’s reported $4.7 million in April, more than double the $2.1 million it earned in April 2024. In March and April, the combined revenue for Rhode Island was $9.9 million. Also, the $16.8 million total for 2025 represents 65% of the annual total from 2024.

Big Three States Pass $200 Million Mark

The three largest markets Pennsylvania, Michigan, and New Jersey each recorded over $200 million in gross and adjusted operator revenue in April. Pennsylvania led with $282.8 million, Michigan followed with $248.1 million, while New Jersey hit $235.2 million. 

All three are on pace to surpass $1 billion in taxable revenue when May numbers come in. Each state has posted at least 21% year-over-year growth in taxable revenue.