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PA online wagering handle hits $241.2m in October


The Pennsylvania Gaming Control Board (PGCB) has reported a 0.4% month-on-month increase in sports betting revenue to $14.9m for October, while igaming revenue was also up 19.5% to $4.9m for the month.

Overall sports betting revenue was up slightly from $14.88m in September, while players spent 24% more ($241.2m) during October than in the previous month ($194.5m).

Online was the primary source of sports betting revenue for licensed operators in the state by some margin, with online revenue for the month amounting to $10.3m, up 11.2% from September.

The PGCB also noted a month-on-month hike in retail revenue, with this rising 23.9% from $4.6m in September to $5.7m in October.

Valley Forge Casino retained top spot in the Pennsylvania sports betting market, posting $5.8m in revenue for October, up 13.7% from the previous month. Almost all revenue was generated online, with the FanDuel-powered sportsbook accounting for $5.6m of the total.

Rivers Casino Philadelphia, the venue previously known as SugarHouse Casino, placed second with revenue of $2.7m, up from $2.1m in the previous month. This comprised $1.9m from its online operations and $813,839 in retail revenue.

Parx Casino slipped to third in the rankings for October with revenue of $2.7m, but the venue did post the highest retail revenue for the month at $1.0m. Parx was also the only casino to post retail revenue in excess of $1m.

Rivers Casino Pittsburgh was the only other casino to record more than $1m in sports betting revenue, posting $1.7m for the month. Online revenue stood at $1.1m, while retail revenue amounted to $699,611 for the month.

In terms of online gaming, licensed operators generated collective revenue of $4.9m for the month, up from $4.1m in September. Slots were again the main source of income generating $4.0m in revenue, up from $3.2m in September, while revenue from online table games climbed 7.2% to $965,726.

Rivers Casino Philadelphia moved into first place in the Pennsylvania market with revenue of $2.5m, more than double the $1.1m it posted in September.

Hollywood Casino at Penn National Race Course, which headed the market in September, slipped to second with revenue of $1.8m. Parx Casino, the only other active igaming licence in the state, posted $610,187 in revenue, around half the amount it generated in September ($1.3m).

The PGCB also published results for land-based activities, with slots revenue down 0.7% month-on-month to $187.0m, while table games revenue was up 3.5% to $73.2m.

In addition, fantasy sports revenue in Pennsylvania was up 13.8% month-on-month from $2.9m in September to $3.3m in October. DraftKings led this area of the market with revenue of $1.8m, ahead of rival FanDuel on $1.4m.

Total gambling revenue for October amounted to $283.7m.

Image: Paul Hamilton