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PA gambling revenue continues to rise in May

News

Gambling revenue in Pennsylvania increased month-on-month and year-on-year in May to reach $479.4m.

Revenue was 7.1% ahead of $447.8m in May of 2022 and also 0.6% higher than $476.7m in April this year.

Land-based slot remained the primary source of revenue by some distance, generating a total of $210.9m during the month. This was 2.5% more than in the same month last year.

In contrast, retail games revenue declined 7.8% year-on-year to $81.6m.

The online casino market experienced the most growth in May, with revenue in this area up 24.4% to $141.0m. Internet slots revenue hiked 28.6% to $100.6m, while online table games revenue was also up 17.3% to $37.9m.

Hollywood Casino at Penn National once again led the way with $58.4m in internet casino revenue. Valley Forge Casino Resort placed second with $29.5m, narrowly ahead of Rivers Casino Philadelphia on $29.4m.

Turning to sports betting, revenue was up 17.4% year-on-year to $41.1m, with the online market contributing $37.1m and retail $4.0m. Wagering handle also edged up 0.5% to $495.6m.

Valley Forge Casino Resort, which operates in partnership FanDuel, kept hold of top spot with revenue of $22.5m. Next came Hollywood Casino at the Meadows and Barstool on $8.8m, then Hollywood Casino Morgantown, another Barstool client, with $1.6m,

Elsewhere, video gaming terminal revenue for the month slipped 2.4% to $3.6m, while fantasy sports revenue was down 22.6% to $1.2m.

Self-exclusion milestone

The results come after the Pennsylvania Gaming Control Board (PGCB) this month revealed over 20,000 consumers have voluntarily requested to exclude from gambling.

Players that register with the Casino Self-Exclusion Program are banned from entering and gambling at casinos or retail sports betting locations. Consumers can choose to self-exclude for one year, five years or their entire life.

Those that breach their ban by entering a gambling facility could be charged with criminal trespass and have any gambling winnings confiscated related to that casino visit.

The state’s self-exclusion scheme launched in 2006 and registered its 20,000th self-exclusion on June 5.

A total of 12,811 males and 7,189 females are currently registered on the list, with their ages ranging from 21 to 102.