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February was short on days but big on revenue for US online casinos.
With three fewer days than January, February’s total monthly revenue fell by more than $50 million. However, the daily average—a more accurate metric for comparing February to longer months—jumped from $28.4 million to $29.5 million. Strong performances in New Jersey and Pennsylvania fueled the daily boost; West Virginia was the only state to see its daily average decline.
Major online casino markets drive February totals
Of the seven states with legal online gambling, six posted positive daily average revenue figures. The biggest winners were New Jersey online casinos and Pennsylvania, both of which saw daily averages rise by more than $200,000.
| State | February 2026 | January 2026 | % change |
|---|---|---|---|
| Michigan | $9,360,733.03 | $9,234,937.60 | 1.36% |
| New Jersey | $8,992,857.14 | $8,351,612.90 | 7.68% |
| Pennsylvania | $8,568,644.93 | $8,351,612.90 | 2.60% |
| Connecticut | $1,926,861.43 | $1,772,334.00 | 8.72% |
| West Virginia | $168,897.45 | $193,213.11 | -12.58%* |
| Delaware | $309,170.46 | $280,787.26 | 10.11% |
| Rhode Island | $208,711.18 | $183,211.68 | 13.92% |
| Total | $29,535,876 | $28,367,709 | 4.12% |
*West Virginia’s January iGaming report from the West Virginia Lottery included a weekly figures spanning four days in December and three in January. PlayUSA calculated a daily average for those three January days and added it to the state’s monthly total.
Rhode Island enjoyed the largest percentage jump in daily average, increasing 13.9% month over month. Conversely, West Virginia online casinos saw its daily average slide more than 12%, falling from $193,213 in January to $168,897 in February.
Total revenue numbers for the month dropped from $879.4 million to $827 million, or 6% decline.
| State | February 2026 | January 2026 | % change |
|---|---|---|---|
| Michigan | $262,100,525 | $286,283,065 | -8.45% |
| New Jersey | $251,800,000 | $258,900,000 | -2.74% |
| Pennsylvania | $239,922,058 | $258,900,000 | -7.33% |
| West Virginia | $4,729,129 | $5,989,606 | -21.04% |
| Connecticut | $53,952,120 | $54,942,354 | -1.80% |
| Delaware | $8,656,773 | $8,704,405 | -0.55% |
| Rhode Island | $5,843,913 | $5,679,562 | 2.89% |
| Total | $827,004,518 | $879,398,993 | -5.96% |
Rhode Island was the only market to see total revenue growth in February. Delaware’s figures fell a modest 0.55%, while Connecticut‘s numbers dipped just 1.8%. These figures signal a strong month for smaller markets, given that online casinos had significantly less time to generate revenue than in January.
Will online gambling hit $1 billion in 2026?
Based on figures from the first two months of the year, US online casinos are on track to surpass $1 billion in total revenue for the second consecutive year. Platforms hit the $1 billion milestone for the first time in history in 2025.
Through February 2026, revenue is up an average of 5.52%. If this pace continues, the iGaming industry could finish the year with $1.1 billion in revenue, an increase of roughly $60 million over 2025 totals.
