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Pennsylvania Gaming Dashboard – April 2021

Insight | Data

Pennsylvania set another new record for igaming revenue in March as it narrowly missed out on $100m in online casino revenue, while revenue from sports betting almost doubled month-on-month but remained below January’s levels.

iGaming Business and Ficom Leisure are delighted to present the Pennsylvania iGaming Dashboard, providing a monthly breakdown of the latest figures from the Keystone State’s regulated gambling market.

The data is updated monthly following the official release of figures from the Pennsylvania Gaming Control Board. 

After a streak of eight record-breaking months came to an end in February, Pennsylvania once again set a new record for online gambling revenue in March, with $123.7m, up 35.6% from last month and more than four times March 2020’s total.

Online casino gaming smashed any previous records and nearly hit the $100m mark, bringing in $97.7m. Within that vertical, slots as ever was the largest source of revenue with $66.4m, but table games hit a new high too with $31.3m.

Poker, on the other hand, declined slightly month-on-month to $2.4m.

Penn National Gaming remained the market leader in online gaming with more than a third of the market. However, its lead over Rivers Casino was cut drastically, as Rivers’ market share rebounded to 27.7%. Valley Forge’s market share declined to 16.8%.

Online sports betting revenue, meanwhile, almost doubled month-on-month to $26.0m thanks in part to the NCAA Basketball Tournament, but remained below the NFL-heavy months of October to January.

A further $3.4m in sports betting revenue came from land-based casinos.

The Valley Forge Casino and its FanDuel sportsbook remained on top, but its market share dropped to 33.6%, ahead of rival DraftKings, which has a partnership with Meadows, with 21.3%.

 Hollywood Casino’s Barstool Sportsbook from Penn National Gaming continued its erratic record since launching in March, jumping back to third space with a 12.5% market share after recording negative revenue in February.