Browse articles by topic

Pennsylvania sets revenue record as casinos re-open in April

News

The state of Pennsylvania generated gaming revenue figures of $404.1m (£284.9m/€331.0m) for April, a massive 776.2% increase on the same month last year when casinos were closed due to coronavirus restrictions and slightly ahead of the record set in March.

Retail slot games were the best performing in terms of revenue bringing $201.3m and retail table games were the next best at $77.8m. The online counterparts of both formats experienced significant growth: Online slot revenue increased 129.2% to $62.6m, and online table revenue was up 812.0% to $26.3m.

Parx Casino was the best performer for both slots and table games, contributing $37.6m and $18.2m to those respective totals. Wind Creek Bethlehem was the best of the rest, amassing $22.5m for slots and $14.2m for table games.

Online revenue increased by 115.2% to $92.7m across the state, the second-best month ever after March. The Hollywood Casino at Penn National – which has a DraftKings brand as well as its own online product – had the highest individual igaming revenue with $33.8m, followed by Rivers Casino with $26.6m, and FanDuel partner Valley Forge with $14.8m.

Sports wagering revenue increased 164.0% to $26.3m ($21.5m of online revenue and $4.8m of retail revenue), while the total handle for the state came to $479.4m.

The $169.9m worth of handle staked at FanDuel affilliated Valley Forge Casino Resort was the highest figure in the state, with Barstool Sports’ Meadows Casino posting $106.9m. DraftKings partner Hollywood Casino at Penn National recorded a handle of $58.6m.

Valley Forge also recorded the highest revenue with $11.4m, while The Meadows brought in $5.6m and Hollywood Casino $137,000. Mohegan Sun Pocono experienced the highest growth when compared to April 2020, increasing 2065.0% to $310,936.

DraftKings recorded the highest revenue from fantasy sports at $1.3m, with FanDuel coming in second with $775,667.