Sports wagering and igaming lead Pennsylvania’s September charge

Pennsylvania

Pennsylvania has recorded an increase in revenue generated across all forms of gambling within the Commonwealth through September, with a 7.89 per cent uptick to $448.47m (2021: $415.67m) recorded.

This saw total tax revenue across slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals come in at $182.13m, which represents an increase of 7.68 per cent year-on-year from $169.13m.

Hollywood Casino at Penn National and Greenwood Gaming and Entertainment’s Parx Casino retained their places in first and second, positions each venue also occupied one month earlier.

The former saw revenue reach $65.99m, up 18.06 per cent year-on-year from $55.89m, while the Bensalem-based property trailed with a 2.61 per cent drop to $55.67m (2021: $57.16m).

With Rivers Casino Philadelphia dropping from August’s third place to to fifth in the latest report, Valley Forge Casino Resort made the opposite move to close the top three courtesy of a 27.77 per cent uptick to $53.05m (2021: $41.52m).

Looking at specific game types and retail slots maintained its place at the summit, finishing head and shoulders above the rest with a less than one percentage point decline to $198.52m.

The total number of such machines in operation during the month stood at 25,564, which represents a narrow decline from the 25,850 situated in casinos one year earlier.

Retail table games revenue for July 2022 dropped 2.94 per cent to $81.62m, with igaming recording an 5.17 per cent YoY increase to $112.72m (2021: $107.18m).

Regarding the latter, Hollywood Casino at Penn National ($48.64m) led the way ahead of Rivers Casino Philadelphia ($26.17m) and Valley Forge Casino Resort ($19.58m).

Sticking with the Keystone State’s digital ecosystem, online slots and table games each brought upticks of 2.86 per cent and 12 per cent to $77.89m (2021: $75.71m) and $32.17m (2021: $28.72m), respectively.

Total sports betting handle through the month was $645.24m, a significant increase from the past year’s $363m, with revenue duly following suit by 47.9 per cent to $50.21m from 2021’s $33.95m.

Online took the lion’s share after charging 41.86 per cent to close the quarter at $42.96m (2021: $30.28m), with retail contributing $7.25m (2021: $3.66m).

Adjusted revenue for video gaming terminals was $3.49m or 2.66 per cent higher than August 2021, with fantasy contests down 41.27 per cent to $1.88m (2021: $3.21m).