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Online growth drives Pennsylvania gaming revenue up 45.6% year-on-year

News

Pennsylvania recorded gaming revenue figures of $415.7m for September, representing a 45.6% increase on the same period last year. 

Parx Casino was the best performing casino, generating $57.2m. Penn National’s Hollywood Casino was next with $55.9m, followed by Rivers Casino Philadelphia with $47.9m. Philadelphia’s Live! Casino recorded revenue of $19.6m, after having only opened earlier this year.

Retail slots were the largest contributor to the overall revenue total with $198.9m – up from $157.4m in 2020. Parx Casino’s slots were the most lucrative $33.5m, followed by Wind Creek in Bethlehem with $23.3m.

Retail table games generated $84.1m, while online slots raised $68.6m. The increase in retail revenue can be partly attributed to venues returning to full capacity in the wake of the novel coranavirus (Covid-19) pandemic.

iGaming revenue was up 71.5% from 2020 to $97.8m – an increase on the $88.7m recorded last month. Hollywood Casino had the highest igaming revenue with $38.6m, with Rivers Casino coming in second with $26.7m. Valley Forge Casino had igaming revenue of $15.8m.

With regards to sports betting, Philadelphia’s monthly revenue was $28.3m, with the majority – $21.1m – coming from online sports betting. Statewide handle was $578.7m, up from $348.5m from the previous month.

The FanDuel-operated Valley Forge Casino sportsbook had the largest sports betting revenue with $14,4m – up 425.6% from last year and a long way ahead of any other operators. Rivers Casino brands rounded out the top three, with the Pittsburgh location taking $2.4m and the Philadelphia site raising $2.2m.

Online sports betting revenue was $21.0m – up from $14.7m in August – with Valley Forge once again being the largest contributor with $14.0m. The DraftKings affiliated Meadows Hollywood Casino had online gaming revenue of $2.0m, and Rivers Pittsburgh added $1.3m.