The momentum enjoyed by the Pennsylvania gambling ecosystem through the past year has continued into 2023, with January posting a further state-wide increase.
After toasting the success of another record year during the past month, the region’s Gaming Control Board has disclosed that revenue from slot machine, table games, sports wagering, igaming, video gaming terminals and fantasy contests closed the first month of the year at $464.48m. This represents an 18.15 per cent uptick year-on-year from $393.14m.
Total tax revenue generated collectively through all forms of gaming and fantasy contests was $188.32m during January.
On an overall basis, Hollywood Casino at Penn National leads the pack with revenue of $71.83m, which is up 25.44 per cent YoY from the $57.26m disclosed one year earlier.
Next in line is Valley Forge Casino Resort courtesy of a 33.17 per cent surge through the month to $67.87m (2021: $50.97m), as Parx Casino’s 7.03 per cent rise to $55.46m (2021: $51.81m) rounded off the top three.
Of the aforementioned headline figure, igaming contributed $133.11m, an increase of 22.91 per cent YoY from $108.31m.
Online slots comprised the largest chunk with $90.2m, up 25.57 per cent from $71.83m, as table games increased 20.97 per cent to $40m (2021: $33m). Online poker slipped 14.55 per cent to $2.89m (2021: $3.39m).
Hollywood Casino at Penn National closed head and shoulders above the rest in the digital domain with revenue of $55m through the month, ahead of Valley Forge’s $29.68m and Rivers Casino Philadelphia’s $28.51m.
Looking at specific game types across the year, retail slots remain the dominant force with revenue of $202.24m, which represents a 20.07 per cent increase when compared to the $168.44m generated in one year earlier. Retail table games closed at $83.91m, up 7.27 per cent from $78.22m.
Total sports betting handle through the month was $772.28m, down 2.7 per cent from the past year’s $793.72m. Revenue rose 22.01 per cent to $39.25m (2021: $31.16m)
Revenue for video gaming terminals was $3.34m, an increase of 7.92 per cent YoY from $39.8m, with fantasy contests down 9.49 per cent to $2.61m (2021: $2.89m).