June's Top US Legal Sports Betting States

U.S. legal sports betting states are just over one month away from its annual jolt that September and the start of the NFL season provides. But the end of July also means that the broad U.S. industry can expect one more month on underwhelming sports betting numbers.

By now, most participating legal sports betting jurisdictions have released their June numbers. Some haven’t! Across the board, they revealed a summer sports betting cliff-dive both in terms of handles and revenues.

Through it all, the Top-10 list of sports betting states in the U.S. market remained largely the same in June. Let’s take a brief peek at the states that, despite a major summer slump, made up June’s list of Bet-Friendly U.S. states.

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1. New York

The big news out of New York isn't that the state is again the top legal sports betting state in the country. The big news is just how pronounced its summer sports betting slump has become.

Another huge headline out of the state came a couple of weeks ago when Gov. Kathy Hochul announced that her state has collected an astounding $302.3 million in mobile sports wagering tax revenue in the six months since the mobile launch.

New York's sportsbooks took in $1,056,694,012 during June, which comes in at $210 million, or 16.8% less than May, and $630 million less than their record monthly haul of $1,686,263,898 in January.

The state's top-3 performing sportsbooks were:

FanDuel - $472.9 million

DraftKings - $270.2 million

Caesars - $158 million

Month-over-month sports betting revenues fell to the lowest total since January as well. That’s when the state's mobile sports betting platform went live. $72,441,500 in profits was reported in June, down from $110,418,075 in May.

2. New Jersey

In June, New Jersey experienced their third straight sub-$1 billion sports betting month, although the month-over-month drop-off wasn't quite as drastic as some other legal sports betting states. Still, the Garden State was able to maintain their grip on #2 on the list of most successful sports betting states in America.

New Jersey sportsbooks took in $633,184,861 in June, their lowest total since July of 2021. It represented a month-over-month drop of over $133 million from the $766 million in sports betting activity in May.

Revenues for the New Jersey sports betting scene were perhaps an even bigger story, shrinking from $61 million in May to $39.2 million in June.

3. Illinois

Illinois, is about 6 weeks behind the bulk of U.S. states with their reporting of sports betting figures. So, just like in May, we are projecting that Illinois will finish June as the third-best legal sports betting state.

Illinois finished with nearly $200 million more than fourth-place Nevada in terms of handle in May, so we are willing to give them a nod for third this month too.

Illinois, as of the end of May has posted eight straight months of $750 million sports betting handles. In May, that number shrunk to its lowest total over that span, with a $764,591,757 handle and $67,466,567 in revenues.

4. Nevada

Nevada's sports betting industry, in June, reported its worst overall handle since August 2021. The Nevada Gaming Control Board revealed Nevada's June handle on Thursday, and it was the first time in nearly a year that the total failed to exceed $500 million.

The Nevada sports betting sector slipped 12.6% from May to June to just $490.4 million. It is certainly a far-cry from Nevada's record handle from January of this year when sportsbooks took in $1.1 billion.

The good news for the Nevada legal sports betting scene was that revenues remained relatively stable. Sportsbook profits in June came in at $23.8 million, down just $4 million from May's sports betting profits.

Of note, online providers are becoming more popular in Nevada as well. Mobile wagering accounted for 67.2% of the total handle in Nevada in June, that's up from 58% in June 2021.

5. Pennsylvania

Pennsylvania sportsbooks followed the trend of steep month-over-month declines in June, but it wasn't enough to bump the state off the Top-5 legal sports betting state list.

The Pennsylvania Gaming Control Board reported a disappointing $393.5 million sports betting handle for June, which represents a 20.2% month-over-month drop in sports betting activity from the $493.4 million in May.

June revenue figures for Pennsylvania's legal sports betting scene also dropped dramatically. $22.9 million in profits was reported, down substantially from the $47.8 million in May.

6. Michigan

Add Michigan to the list of legal sports betting states that had a bad June! The state's legal sports betting handle fell to a 2022-low of $292.4 million, which is still good for sixth on the list of legal sports betting states in the U.S.

$292.4 million is 18% less than the $356.1 million handle reported in May but still a year-over-year increase of 12.7% from June 2021.

Revenues from Michigan's legal sports betting scene also showed a dramatic decline. Providers made just $15.8 million in June, down from the $35.9 million in May.

Unsurprisingly, FanDuel led the way with $79.1 million in sports betting activity in Michigan (29%), DraftKings was #2 with $71.7 million and BetMGM was third with $58.6 million.

Colorado is another state that has yet to release their June sports betting figures, but projects out to be the #7 producer in the U.S. legal sports betting industry thanks to their May showing. Colorado was #7 in April and May, so it makes sense that they sit at #7 in June.

For the record, Colorado sportsbooks generated $360.3 million in May, which was only a slight drop from the $392 million in May. A similar percentage drop would land Colorado at #7 in June.

7. Colorado

Colorado is another state that has yet to release their June sports betting figures, but projects out to be the #7 producer in the U.S. legal sports betting industry thanks to their May showing. Colorado was #7 in April and May, so it makes sense that they sit at #7 in June.

For the record, Colorado sportsbooks generated $360.3 million in May, which was only a slight drop from the $392 million in May. A similar percentage drop would land Colorado at #7 in June.

The Colorado Avalanche run toward the Stanley Cup will certainly help the overall Colorado June sports betting numbers. Could they leapfrog Michigan for #6? possibly.

8. Arizona

Arizona is another one of the U.S states that is painfully slow in reporting their legal sports betting figures. But May's figures give us a chance to at least project what we think the state's providers will rake in during June.

Arizona's sportsbooks took in $461.45 million in wagers in May, a 10% drop from the $512.8 million in handle in April. A similar drop would see Arizona easily finish as a Top-10 U.S. legal sports betting state... and as we project, land them at #8. We considered them at #7 as well!

According to an Arizona Department of Gaming, revenues for the platform hit an all-time high in May with $55.2 million in profits.

9. Indiana

Indiana’s sports betting providers took in $256.3 million in June, a 16.9% drop from their totals of $308.4 million from May. While discouraging, it still lands the Hoosier State at #9, and represents a 4.1% year-over-year increase in sports betting activity from June 2021.

Revenues for Indiana sportsbooks were nearly cut in half from May to June. Sportsbook profits came in at $15.77 million in June, a major drop from the $30.66 million in May.

10. Tennessee

Tennessee rounds out June’s Top-10 thanks to a $215.8 million sports betting handle. June’s figures represent a drop from the $261.56 million in May but not as drastic a one as seen in most sports betting jurisdictions in the U.S. market.

Revenues for the Tennessee legal sports betting scene followed most other jurisdictional slides. Providers in The Volunteer State reported $15.8 million in profits in June, down from the $27.3 million in May.

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