DraftKings' Licensee Hollywood Takes 40% of Record $100 Million Month in PA Online Casino

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iGaming Business

Pennsylvania gambling revenue edges up year-on-year in January

Revenue was up from $464.4m in January 2023 but 10.7% behind the $534.2m generated in Pennsylvania in December. This revenue comprises land-based slot and table games, online gambling sports betting, video lottery terminals (VLTs) and fantasy sports. Physical slots remain the primary source of gambling revenue in Pennsylvania at $179.5m, down 11.2%…

Finance ・ 21 February 2024

iGaming Business

Pennsylvania gambling revenue hits record $5.70bn in 2023

The 2023 figure was 9.3% higher than the existing record of $5.21bn, which was set during 2022. Combined revenue in Pennsylvania includes slot machines, table games, sports wagering, igaming, video gaming terminals (VGTs) and fantasy contests. Physical slots continued to lead the way in terms of revenue in Pennsylvania, with revenue here rising…

Finance ・ 19 January 2024

Yogonet

Pennsylvania 2023 gambling revenue hits record $5.7 billion, driven by iGaming surge

Pennsylvania's gambling industry achieved a new milestone in 2023, reporting a record-breaking $5.69 billion in revenue, marking a 9.3% increase from the previous year's high of $5.21 billion. According to data released by the Pennsylvania Gaming Control Board, the corresponding tax revenue reached a record $2.34 billion, surpassing the 2022 figure…

Finance ・ 19 January 2024

US Bets

Pennsylvania Takes Rare Step Back In Gaming Revenue

With the recent years' explosion of interest in online gambling - whether on casino games or sports betting - it has been common for the Pennsylvania gaming industry each month to surpass what it achieved in revenue in the year prior. That is not, however, what occurred in November, according to data released Tuesday by the Pennsylvania Gaming…

Finance ・ 21 December 2023

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US Bets

October Brought Pennsylvania iGaming Another Strong Month

Pennsylvania online casinos came close last month to matching their record September revenue, helping push the state's commercial gaming industry to a 7.3% year-over-year increase in earnings in October. Monthly data released by the Pennsylvania Gaming Control Board showed the $154.8 million in revenue at the 20 online casinos in October trailed…

Finance ・ 20 November 2023

US Bets

Pennsylvania's IGaming Strength Endures In August

A spike in online casino revenue in August boosted Pennsylvania's overall commercial gaming industry to a strong month for earnings compared to a year ago. The monthly revenue report released Tuesday by the Pennsylvania Gaming Control Board showed $457.2 million in total revenue from gambling in 17 casinos, casino games played online, sports…

Finance ・ 20 September 2023

PA Online Casino

PA Online Casinos Top $4 Billion In Lifetime Revenue

February was a milestone month for online casino gaming in PA. The Pennsylvania Gaming Control Board announced that PA online casino operators recorded $162.3 million in gross gaming revenue (GGR) last month. This brings Pennsylvania's lifetime online casino revenue total to more than $4 billion, making it the second state in the nation to reach…

Industry ・ 23 March 2023

PA Online Casino

PA Online Casinos Set New US Record With $155.9 Million November

It's not news that PA online casinos are big business, with lifetime revenues of over $3.5 billion since launching in 2019. But already, the state is emerging as the US leader in iGaming revenue. This includes posting US record revenue numbers for two months in a row, as seen in the most recent figures released Monday by the Pennsylvania Gaming…

Finance ・ 26 December 2022

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PA online casinos US iGaming record Oct.

In Pennsylvania, for October, Hollywood Casino at Penn National, Valley Forge Casino Resort and Parx Casino once again led all 16 of the state's land-based casinos, with just a slight reshuffling from the month prior, while another strong performance from sports betting and record-setting iGaming revenue was reported by the Pennsylvania Gaming…

Travel ・ 23 November 2022

iGaming Business

Pennsylvania online slots revenue hits record high in October

Total revenue for the month amounted to $450.2m (£378.0m/€434.2m), up from $425.9m in October 2021 and also 0.4% more than $448.5m in September this year. Retail slots were again the primary source of revenue at $199.0m, though this was 2.1% lower than last year. Retail table games revenue was also down 10.4% to $79.3m. Online slots overtook retail…

Finance ・ 18 November 2022

PA Online Casino

PA Gaming Revenue Reaches $429 Million In July

The Pennsylvania casino industry is once more proving to be one of the strongest and most stable in the nation. Gaming revenue totaled $429 million in July across all retail and online casino gambling, an increase of 1.28% from July 2021 ($423.7 million), as the Pennsylvania Gaming Control Board reported. Retail slots ($213 million) accounted for…

Finance ・ 16 October 2022

iGaming Business

Pennsylvania sets $5.04bn gambling revenue record in FY21-22

Revenue was 29.5% higher than the $3.87bn that was reported during FY20-21, which was incidentally also the state's previous record total. Land-based gambling drew the highest percentage of revenue during the year, with revenue from retail slots increasing 27.7% year-on-year to $2.41bn, while table games revenue also jumped 40.7% to $1.02bn. Sports…

Finance ・ 20 July 2022

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Gambling News

Pennsylvania’s Gambling Sector Performs Well despite Slow Summer Season

According to a report by the Pennsylvania Gaming Control Board, sportsbook operators in the state have entered the traditionally slower summer period. Sportsbooks recorded a handle of $493.4 million, roughly a 14% decrease compared to April. However, May's $47.8 million Gross Gaming Revenue (GGR) remained on par with the previous month's results,…

Industry ・ 20 June 2022

iGaming Business

Pennsylvania falls just short of monthly gambling revenue record in April

Revenue slipped 0.2% month-on-month, but figures released by the Pennsylvania Gaming Control Board revealed a 14.5% increase from $404.1m in April last year. All but two areas of the state's regulated market experienced year-on-year revenue growth in April. The highest increase was reported in sports betting, where revenue climbed by 28.0% to…

Finance ・ 18 May 2022

Online Poker Report

NJ, PA Exceed One Billion Online Casino Revenue In 2021

The three main online gambling states - NJ, PA and MI - now routinely see monthly online gambling revenue in excess of $100 million. It doesn't take a math degree to work out that this means $1 billion is an easy annual target for each state to hit. The question then is who's first across that line. This year, New Jersey and Pennsylvania both did…

Finance ・ 02 December 2021

iGaming Business

Pennsylvania gaming revenue reaches record high in October

Parx Casino led the way in overall revenue, bringing in $457.4m, up 4.4% from 2020. Close behind was Hollywood Casino at Penn National, where revenue increased by 63.2% to $57.1m. Rivers Casino Philadelphia and Wind Creek Bethlehem followed, bringing in $46.3m and $46.2m respectively. Looking at revenue by product, slot machines accounted for…

Finance ・ 31 December 2021

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PA Online Casino

Online Casinos, Poker Sixth Month In A Row With Over $100M Revenue

Gaming, with a few exceptions, appears recovered from the pandemic in Pennsylvania, though there are quirks with individual operators. And online play remains a significant revenue stream despite the reopening of physical casinos. In August, the gross gaming revenue for iGaming, which is online slots and online table games combined with online…

Poker ・ 04 October 2021

Pokerfuse

Online Casino Revenue in Pennsylvania Levels Off at $86M in July

So far, Pennsylvania is off to a great start as it looks to build upon record gambling revenue from the previous fiscal year. According to data from the Pennsylvania Gaming Control Board (PGCB), PA online casino revenue fell slightly to $86 million in July. While still a respectable figure, it was down from the $86.5 million grossed in June and a…

Finance ・ 27 August 2021

Gambling News

Pennsylvania Hits New High of $423.6M Revenue for July

Online gambling revenue was the leader for the month, with $88.7m, while land-based casinos are gaining momentum again. Pennsylvania hit a record monthly revenue of $423.65m generated from all forms of gaming in July, the Pennsylvania Gaming Control Board (PGCB) announced on August 17. The new figures are significantly higher than…

Finance ・ 19 August 2021

PA Online Casino

PA Online Casinos Record Fifth Straight $100M Revenue Month in July

Pennsylvania's new fiscal year began with a bang for PA online casino revenue, bringing in more than $100 million in gross revenue for the fifth straight month. The state's iGaming gross revenue for July was more than $104.5 million, down slightly from $110.7 million in June and the record $111.6 million from March. Taxable online casino…

Finance ・ 21 August 2021

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Penn Bets

Gamblers Flock Back To PA Casinos Without Increasing Internet Betting

Pennsylvanians reduced their sports betting in July and wagered about the same on iGaming as the prior month, but they flocked to casinos at a level even higher than before the COVID-19 pandemic struck. Those were the contrasting takeaways from the Pennsylvania Gaming Control Board's release Wednesday of its monthly revenue report accounting for…

Sports ・ 18 August 2021

PA Online Casino

PA Online Casinos Cap Off Record Fiscal Year With $100M-Plus June

PA online casinos just closed a fiscal year for the record books with yet another $100 million-plus month. June's Pennsylvania iGaming gross revenue topped out at nearly $100.9 million. Of the total revenue last month, more than $72.4 million came from slot games, more than $26.0 million from online table games, and more than $2.4…

Sports ・ 28 July 2021

Pokerfuse

Pennsylvania Online Casino Revenue Hits Record $98.6M

Pennsylvania online casino revenue hit a record $98.6 million in May, up from $90.3 million in April and nearly double year-over-year, according to data from the state Gaming Control Board (PGCB). For the sixth consecutive month, Hollywood Casino, used by DraftKings Casino PA and BetMGM PA Casino, stayed atop its online casino competitors by…

Finance ・ 28 June 2021

PA Online Casino

PA Online Casino Revenue Tops $110M Again in May, Near March Record

May was a near record-breaking month for Pennsylvania iGaming, including online slots, table games, and poker. PA online casino gross gaming revenue (GGR) was just more than $110.7 million for the month, according to revenue reports from the Pennsylvania Gaming Control Board. The total fell just shy of the record $111.6 million set in March, and…

Finance ・ 18 June 2021

Online Poker Report

Second Coronavirus Shutdown Sends PA Online Casino Revenue Soaring

Save for a dip in June and a flat month in November, 2020 was a year of constant growth for the Pennsylvania market. That's not surprising, as the market was only six months old to start the year and hadn't yet reached maturity. Even so, the extent of the growth was impressive. Total revenue for Pennsylvania online casinos and poker rooms in…

Finance ・ 07 May 2021