If it seems like Pennsylvania’s online casinos are making headlines every month, it’s because they are. PA online casinos generated $167.2 million in April revenue, the second-highest in state history. Online table games comprised nearly one-quarter of that revenue, totaling $38.9 million. In doing so, the vertical has now produced $1,031,249,747 in lifetime revenue.
April marks five straight months breaking $160 million for the state’s online platforms. Year-over-year revenue grew by 21.3%, though month-over-month figures dropped 8.5% from March’s record $181.5 million.
Revenue across all forms of gaming was $476.7 million in April, up 3.27% YoY.
PA online casino table games take center stage
While online slots are the primary contributor to iGaming revenue, table games have consistently chugged along. Table game revenue clocked in at $38.9 million last month, an increase of 16.1% YoY. April marked the seventh straight month above $35 million.
PA live dealer games have significantly increased table games’ growth since launching in October 2020. They accounted for about half of the revenue of online table games in fiscal year 2021/2022.
The growth in their popularity comes from their inclusive nature, incorporating a social element without the pressure of playing at brick-and-mortar casinos. They also have a slower pace of play than traditional online table games, making the games more inviting for players.
Online slots break $500 million in YTD revenue
Table games weren’t the only vertical to hit a landmark in April.
Online slots revenue totaled $125.7 million (+23.7% YoY), bringing its total revenue above $500 million in 2023.
On the other hand, online poker revenue was $2.7 million (-7% YoY). PA online poker remains ring-fenced, keeping it from increasing its footprint through interstate play, which New Jersey and Michigan implemented on Jan. 1 this year.
The state collected $51.6 million in taxes from April’s online casino revenue. It has now generated $206.9 million in 2023.
Valley Forge overtakes Rivers; Hollywood continues to dominate
Valley Forge Casino (FanDuel Casino PA and Stardust) has taken a run at the No. 2 spot among PA online casino licensees in recent months. April marked the month it happened, when Valley Forge produced $36.2 million in revenue to edge out the $33.2 million reported by Rivers Casino PA (BetRivers Casino, Sugarhouse and Borgata).
However, neither came close to Hollywood Penn National ($72.1 million), which remained the top PA online casino licensee by a long shot.
Hollywood has a full slate of heavy hitters, including BetMGM Casino, Hollywood, DraftKings, PointsBet and Barstool, which combined to make up 43% of the iGaming market, up 1% from March.
No other licensee flirted with $10 million in April revenue, but Mount Airy overtook Parx to take fourth for the month.
Licensee Total Revenue Slots Tables Poker Promos Taxes
Hollywood Penn National $72,056,713 $54,009,821 $17,682,651 $364,241 $13,568,656 $21,899,456
Valley Forge $36,173,050 $23,239,412 $12,933,637 $0 $4,951,800 $10,664,559
Rivers Philadelphia $33,188,624 $29,453,811 $3,604,717 $130,097 $7,060,768 $11,120,440
Mount Airy $6,049,679 $3,303,570 $1,072,012 $130,097 $978,148 $1,527,994
Parx $5,665,904 $4,794,265 $871,639 $0 $744,893 $2,042,677
Harrah's Philadelphia $5,478,674 $3,691,912 $1,246,559 $541,003 $910,872 $1,586,567
Live Philadelphia $3,942,114 $3,283,529, $658,585 $0 $789,368 $1,273,399
Wind Creek $2,741,672 $2,323,638 $418,034 $0 $655,032 $851,130
Mohegan Sun Pocono $1,971,332 $1,586,651 $384,680 $0 $384,473 $626,573
Total $167,267,761 125,685,809 $38,872,514 $2,709,438 $30,053,011 $51,582,787
More Pennsylvania casino milestones to come
PA casinos have reached several monumental feats through the year’s first four months.
- April: Online table game lifetime revenue reaches $1 billion
- April: Online slot revenue hits $500 million for the year
- March: Overall gaming revenue surpassed $500 million for the first time in one month
- March: Online casino revenue set a record with $181.5 million
- February: Online casino revenue exceeded $4 billion in lifetime revenue
- January: Retail slots broke $200 million in revenue for the first time
And they’re not done, either.
Lifetime PA online casino revenue now sits at $4.39 billion, only $612.9 million from reaching $5 billion. It will surpass that number in August or September at its current pace.
Online slots will see more glory days ahead, too. Its lifetime revenue is $3.24 billion, and it should break $4 billion before the end of the year.
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