In Pennsylvania, online casinos continued a rocketing revenue run with a record in October of nearly $59.8 million.
That’s a healthy increase from the former record of $57 million set just a month before, according to the Pennsylvania Gaming Control Board (PGCB) figures.
Total gaming — retail casino slots and table games, online casinos, retail and online sportsbooks, poker, VGTs and fantasy contests — generated combined revenue of more than $320.2 million. That’s up 12.87% compared to revenue generated in October 2019.
The total tax revenue generated through all forms of gaming was more than $130.1 million during October 2020. Of that, $24.9 million came from iGaming.
Online table game revenue really jumps
In October, interactive slots took in nearly $40.4 million, online table games nearly $17 million and poker more than $2.4 million.
In September, online slots had accounted for more than $39.9 million in revenue, with an additional $14.7 million from online table games.
Also in October, total wagers on table games topped $1 billion — a first.
Online poker steady, VGT revenue up
With just one operator, PokerStars PA via Mount Airy Resort, online poker generated more than $2.4 million in October. That continues a trend down from $2.7 million in revenue in August.
Truck stop video gaming terminals generated nearly as much revenue as online poker — more than $2.4 million. There are now four operators with machines in 37 locations; each location has five machines.
Sports wagering handle hits new highs
In October, sports betting was up significantly over the previous year, with a total handle of more than $525.8 million. That’s more than double the handle a year ago, when it was nearly $241.2 million.
Additionally, the taxable sports wagering revenue figure of $36.8 million for October 2020 set a record, eclipsing the previous monthly revenue high of more than $22.8 million in January of this year.
Nov. 17 marks two years since the very first legal sportsbook opened in Pennsylvania.
Casino-based games down
Casino-based slots and table games, with COVID-19 capacity restrictions, were down 17.22% and 13.43%, respectively, but online gaming channels have made up the difference and then some.
A year ago, there were 23,786 slots on the casino floors, but there were just 16,611 in operation this October.
October online casino breakdown by PA operator
A complete breakdown of October revenue, including slots and table games by operator (online gaming license holder), can be found here:
Casino Operator Total Revenue Slots Revenue Table Games Revenue
Rivers Philly (SugarHouse & BetRivers) $16.6 million $14.1 million $2.5 million
Penn National (DraftKings Casino) $11.0 million $5.1 million $6.0 million
Valley Forge (FanDuel) $10.0 million $5.0 million $5.0 million
Parx Casino $5.9 million $5.1 million $793,000
Mt. Airy (PokerStars & Fox Bet) $4.5 million $2.9 million $1.6 million
Penn National (Hollywood Casino) $4.5 million $4.2 million $269,000
Mohegan Sun Pocono (Unibet) $2.6 million $2.1 million $492,000
Harrah's Philly (Caesars) $774,000 $628,000 $146,000
Wind Creek Casino $596,000 $534,000 $62,000
Presque Isle Downs (BetAmerica) $485,000 $375,000 $110,000
Live! Casino Philadelphia $278,000 $248,000 $30,000
Totals: $57.3 million $40.3 million $17.0 million
Casino operators by the numbers
Five operators had total online casino revenue above $5 million.
- Rivers Philly, which combines SugarHouse and BetRivers, topped $16.6 million, with more than $14 million in revenue from slots.
- Penn National/DraftKings topped $11 million in online revenue, with more than half from table games.
- Valley Forge/FanDuel hit more than $10 million in online revenue, with table games accounting for more than half.
- Mount Airy, which includes PokerStars and Fox Bet, brought in more than $9.4 million when online table games, online slots and online poker are combined.
- And Parx had nearly $6 million in iGaming revenue.
Live! Casino Philadelphia, which is still new, trailed everyone with just $278,463 in total online revenue in its third full month in operation.
Lead image via Dreamstime.