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Pennsylvania gaming revenue rises in August, though sports betting dips

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The state of Pennsylvania has recorded total gaming revenue figures of $408.1m for August, representing a 31.3% increase from the same period last year. 

Retail slots were the biggest contributor to the total with $209.8m – up from $167.0m in August 2020. Retail table games were the second biggest revenue generator with $86.3m, followed by igaming slots with $66.3m.

Sports betting and fantasy contests were the only sectors to experience a revenue decrease from last year, dropping 1.5% to $18.1m and 24.6% to $1.6m respectively.

Parx Casino had the highest revenue total, generating $59.2m. Hollywood Casino at Penn National was next with $49.8m, and Rivers Casino Philadelphia rounded out the top three raising $48.6m.

Live! Casino in Philadelphia experienced the the largest increase in revenue, with its $21.3m revenue representing an increase of over 1000% from last year.

Online gambling revenue rose 58.7% year-on-year to $88.7m.

Out of the total $88.7m revenue derived from igaming, Penn National’s Hollywood Casino had the highest total with $30.5m – $23.3m of which came from slot games. Rivers Casino was next with $27.1m, followed by Valley Forge with $14.0m.

In terms of sports betting, Meadows Casino and its DraftKings sportsbook was the best performer with revenue of $6.8m. The FanDuel-affiliated Valley Forge Casino had revenue of $3.3m, while Hollywood Casino’s total amounted to $1.6m.

Valley Forge also had the largest handle with $137.4m, which was over a third of the statewide total of $348.5m. Meadows’ handle came to $81.3m, a long way ahead of the next highest total – the $28.4m raised by the Morgantown branch of Hollywood Casino.

In addition to the introduction of the World Series of Poker to the state, the likes of GIG and PlayStar casino have launched products in Pennsylvania.