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Pennsylvania iGaming Dashboard – November 2019

Insight | Data

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 will be updated monthly following the official release of figures from the Pennsylvania Gaming Control Board. 

Mobile further established itself as the dominant channel in Pennsylvania’s sports betting market in October, though retail betting’s decline saw the market remain flat month-on-month. 

Mobile betting revenue grew to $10.3m for the month, up from $9.3m in September, which offset a drop in retail revenue to $4.6m. 

The sports betting market continues to be dominated by FanDuel, which operates under Valley Forge Casino Resort’s license. It accounted for 38.8% of total market revenue in October, up 4.5 percentage points. Rivers Casino Philadelphia, known as SugarHouse Casino before its rebrand, remains in second, though its market share slipped to 18.2%, while third-placed Parx Casino saw its share decline to 15.1%.

October marked the month that FanDuel’s main rival DraftKings found a route into the Pennsylvania market, in partnership with Penn National Gaming’s Meadows Racetrack & Casino. However, it did not launch until November, with the venue’s 1.2% market share coming from its retail offering. 

Mohegan Sun Pocono’s Unibet-branded retail offering, which launched in September, grew its market share to 2.0% in October. Following the launch of its mobile offering earlier this month, this can be expected to grow further. 

Turning to online gaming, Rivers Casino usurped Penn National Gaming as the frontrunner in a field of three, growing revenue to $2.5m, or 51.0% of total revenue. Penn’s share fell to 36.0%, followed by Parx on 12.0%. 

Fantasy sports, meanwhile, continued to grow, with revenue reaching $3.3m. 

For land-based gaming, total slot revenue declined marginally month-on-month to $186.9m, offset in part by table gaming revenue growing to $73.2m. Video gaming terminals, which were the latest new product legalized by the omnibus gaming bill signed into law by Governor Tom Wolf late in 2017, saw revenue grow to $466,389.

Ficom Leisure also provides exclusive monthly estimates on the Italian online market in the Italy iGaming Dashboard, and on New Jersey in the New Jersey iGaming Dashboard. It also provides quarterly figures on Spain in the Spain iGaming Dashboard, on Denmark in the Denmark iGaming Dashboard. and Portugal in the Portugal iGaming Dashboard

A European corporate advisory firm, Ficom Leisure is a specialist in all segments of the betting and gaming sector.