Pennsylvania Posts Record Gaming Revenue for Second Consecutive Month

Pennsylvania Casinos
 
Pennsylvania Posts Record Gaming Revenue for Second Consecutive Month
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In April, Pennsylvania’s gaming sector set a new high for revenue, with $461.6 million received from gamblers closely matching the . The good and rising statistics come from a handful of factors, according to PGCB Director of Communications Doug Harbach.

Players are continuing to feel at ease with the expanding iGaming offerings. In terms of retail gaming, more casinos have opened in the last two years, demonstrating industry maturity and providing gaming options in previously untapped markets.

Pennsylvania’s online casinos and poker rooms outpaced New Jersey’s in April. During the month, New Jersey pulled in $138 million, second only to Pennsylvania’s record of $142.7 million in a single month. Online casinos and poker rooms surged by 30.8 percent from $105.5 million to $308.7 million in April 2021.

On $4.2 billion in wagers, Pennsylvania online casino games made $135.1 million. Online slots brought in $101.5 million, while online table games brought in $33.4 million The remaining $2.9 million was generated through poker. With $1.8 million in revenue, PokerStars was the most profitable poker operator.

Sports Betting Declines

In April 2022, the amount of money gambled on sports was down 20% from the previous month. The sports betting statistics for April 2022, on the other hand, are up 19% year over year.

Most sports bets in the state were placed online – for April, it was 94 percent. FanDuel had the highest total betting handle at a whopping $226.6 million and gross revenue of $28.4 million in the state’s online sports betting market.

Operator Performance

 The following is a breakdown of all income earned by casinos, fantasy contests, and video gaming terminals owned by other vendors in April 2022, as well as a comparison to the total amounts generated the previous April.

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