Internet gaming in Pennsylvania surpasses $100 million

Internet gambling helped the bottom line for gaming companies during the coronavirus pandemic.

In the latest monthly report from the Pennsylvania Gaming Control Board, internet gaming surpassed $100 million in revenue for the first time in May with a total of $101.2 million, an 81.3% year-over-year increase.

Wyomissing-based Penn National Gaming Inc. had the biggest share of that total. The Hollywood Casino at Penn National in Dauphin County had I-Gaming revenue of $41.3 million. That total was split between $25.3 million for slots, $15.6 million for table games and $278,765 for poker.

I-Gaming also helped make Hollywood the most profitable casino in the state for May with total revenue of $62.9 million, surpassing Parx Casino in Bucks County which brought in $61.7 million.

Overall revenue from all forms of gaming in the state was $413.1 million in May. The PGCB compared those figures to May 2019, which showed an increase of 42.1% from $290.8 million. All brick-and-mortar facilities were closed in May 2020 because of the pandemic.

Total tax revenue for the month was $169.3 million.

Retail slots continued to be the biggest money-maker for casinos with revenue of $201.3 million, while table games brought in $77.2 million. Sports betting raised $27.7 million.

Slots accounted for $16.4 million at Hollywood Casino at Penn National and table games was at $3.3 million. Sports wagering revenue was $1.8 million.

Penn National's other casino in the state, The Meadows Casino in Washington County, had total revenue of $20.6 million. Slots accounted for $13.9 million while table games brought in $2.6 million.

The Hollywood Casino Morgantown, which Penn National will open in the fall, continues to bring in money through digital sports wagering. Total revenue for May was $268,069.

Among regional casinos:

  • Parx Casino, Bensalem, Bucks County, had overall revenue of $61.7 million as slots revenue was $37.8 million and table games were at $18 million. I-Gaming was at $3.9 million.
  • Rivers Casino Philadelphia had revenue of $48 million. I-Gaming brought in most of the revenue at $27 million, while slots were at $12.5 million and table games at $8.5 million.
  • Valley Forge Casino, King of Prussia, Montgomery County, had revenue of $42.1 million. Much of that came from its I-Gaming platform with revenue of $16.2 million. By comparison, slots brought in $7.5 million. Sports wagering was a bright spot at $14.5 million.
  • Wind Creek, Bethlehem, had revenue of $37.1 million. It did well with slots, which accounted for $22.8 million, and table games which brought in $13.5 million.
  • Live! Casino Philadelphia, which was in its fifth month of operation, raked in $20.1 million, mostly from slots.
  • Harrah's Philadelphia, Chester, had revenue of $18.7 million. The bulk of that figure came from slots, which brought in $12.5 million.

Video game terminals had revenue of $3.6 million. Marquee by Penn, which is owned by Penn National, had revenue of $2.6 million.

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