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Pennsylvania smashes igaming revenue record again in November

News

Online casino revenue in Pennsylvania hit a new record-high for the second consecutive month in November, while total gambling revenue in the state increased year-on-year.

Overall market revenue for the month amounted to $452.4m, up 4.6% from $432.5m in November 2021 and also 0.5% ahead of $450.2m in October of this year.

Analyzing the monthly performance, retail slots remained by far the primary source of revenue for the state, generating $185.6m in revenue for the month, level with the previous year. However, retail table games revenue slipped 4.4% year-on-year to $79.2m.

Online casino revenue in November reached $128.6m, a 37.0% increase on last year and a new monthly record for the state. Of this total, $86.6m came from online slots, up 36.5% on last year, while internet table game revenue also increased 42.8% to $39.5m, though online poker revenue slipped 7.8% to $2.5m.

Hollywood Casino at Penn National continued to lead the Pennsylvania igaming market with $55.7m in revenue, ahead of Rivers Casino Philadelphia on $27.5m, then the Valley Forge Casino Resort with $26.5m.

In terms of sports betting, the state noted a 17.0% year-on-year drop in revenue to $52.9m, with $48.2m coming from online wagering and $4.7m retail betting. However, handle was 3.6% higher at $789.2m for the month.

Valley Forge Casino Resort and partner FanDuel remained some way out in front in this area of the market, posting $28.6m in revenue. Hollywood Casino at the Meadows and Barstool placed second with $12.2m.

Revenue from video gaming terminals increased 10.4% to $3.5m for November but fantasy sports contests revenue declined 24.8% to $2.5m.