The Pennsylvania Gaming Control Board (PGCB) reported a year-on-year rise in revenue in August following growth across the state’s sports betting and igaming markets.
Retail slots remained by far the primary source of gambling revenue in the state with $301.3m, though this was down 4.1% from August 2021. Land-based table games revenue also slipped, by 9.1% to $78.5m.
Online gambling revenue increased 20.8% year-on-year to $107.2m. This was made up of $75.7m in internet slot revenue, $28.7m worth of online table games revenue and $2.7m in online poker revenue.
Hollywood Casino at Penn National, a DraftKings partner, retained the top spot with $43.9m in online gambling revenue. Rivers Casino Philadelphia, partnered with Rush Street Interactive, followed with $26.8m, then Valley Forge Casino Resort and FanDuel on $17.7m.
Turning to sports betting, this market experienced the most rapid year-on-year growth, with revenue rocketing 88.6% to $34.0m. The state’s wagering handle also climbed, but by just 4.2% to $363.0m.
Valley Forge, along with partner FanDuel, continued to lead the way with $13.6m in revenue off $132.1m worth of stakes. Hollywood Casino at the Meadows’ Barstool Sportsbook was next with $9.1m and a $91.7m handle, then Hollywood Casino Morgantown on $2.6m worth of revenue off $39.3m worth of handle.
The PGCB also revealed that video gaming terminal revenue for the financial year edged up 1.7% to $3.6m, while fantasy sports contest revenue declined 47.8% to $841,087.