Pennsylvania Retail Casinos Outperform NJ With $1.28 Billion In Q1 Revenue

The PA retail casinos earned $1.28 billion in the first quarter of 2022, beating out NJ casinos once again.

Pennsylvania casinos are now tops in the nation outside of Las Vegas, and recent data proves it. Their revenues are growing rapidly, too, with no sign of slowing up.

According to the American Gaming Association’s Gaming Revenue Tracker, Pennsylvania ranked second in the nation for commercial gaming revenue in Q1 2022, totaling $1.28 billion. It was second for 2021, as well, generating $4.83 billion in total revenue for the year.

This news comes on the heels of Pennsylvania leading the nation in online casino revenue for the second straight month, unseating its industry-pioneering neighbor, New Jersey.

PA casinos lead the US during a period of unprecedented growth

The AGA Q1 report stated that nationwide revenue was $14.3 billion, the best first quarter on record and barely shy of the record $14.31 billion, set in Q4 2021. 

Pennsylvania’s $1.28 billion revenue accounted for almost 9% of the country’s totals, even edging out New Jersey’s total reported $1.18 billion in revenue. That represents a 22.3% year-over-year increase from 2021 and a 52.6% gain from 2019.

Only Nevada did better, with its $3.54 billion more than tripling what PA casinos could do. Of course, Nevada benefits from having the longest history of legalized gambling and the greatest number of casinos in the US.

The year 2021 was also the winningest for US casinos across the board, meaning PA’s revenue helped set the pace for that mark, too. 

Q2 is already off to a fast start, too

As if there were doubts, Pennsylvania’s fast start in 2022 proves that the previous year was not a fluke. Q2 numbers appear to be just as attractive, too.

The Pennsylvania Gaming Control Board‘s (PGCB) April report stated its total gaming revenue was $461.6 million, which would put it on pace for Q2 revenue of $1.38 billion. That number is also a 14% YoY increase from April 2021.

The Empire State seems to be less of a threat than initially expected

Online sports betting in New York went live on Jan. 8, 2022, and has done so with great success. Prior to its launch, questions remained about how that may affect neighboring states such as New Jersey, the top sports betting market in the nation, and Pennsylvania, another top-five market.

Those questions have since been answered, as both states watch numbers continue to rise regardless of New York’s standing.

As such, New Jersey and Pennsylvania’s results continue to be their own best measuring sticks. By those measurements, the AGA reported sports wagering activity in Pennsylvania increased 25% YoY in Q1 2022. New Jersey did even better (34.9%).

PA’s gaming industry is still growing

As Pennsylvania’s casino legislature has grown, its gaming revenue has followed. Of course, revenue attracts casino operators, too, with several having obtained Category 4 (mini-casino) licenses from the PGCB, which allow for 300 to 750 slot machines on-premises.

The first of these casinos opened in Nov. 2020, with two more following in 2021:

  • Live! Casino Pittsburgh (opened Nov. 2020)
  • Hollywood Casino York (opened Aug. 2021)
  • Hollywood Casino Morgantown (opened Dec. 2021)

Two more are also on their way: 

  • Parx Casino in Shippensburg was awarded a license in Jan. 2022 and is expected to open this winter.
  • Bally’s Casino in Centre City (near State College) is awaiting final approval from the PGCB before breaking ground on its property.

Of course, having more in-state gaming facilities gives Pennsylvanians more (and convenient) access to gamble responsibly. This brings the potential for more outright revenue, as well as the ability to keep more business within PA. Numerous casinos exist across state lines in New Jersey, West Virginia, Maryland, Ohio, and New York, within reasonable driving distance.

Penn National has also opened its branded Barstool Sportsbook at the new Hollywood locations, citing that a retail sportsbook presence will be even more attractive for its existing younger demographic. 

Like having more facilities, attracting more foot traffic at current ones can create more action at table games and slot machines. And all of that generates more revenue.

Photo by: Shutterstock

PA Gaming Revenue Eclipses $4 Billion For 2021: Four Facts And One Opinion On Record-Breaking November Numbers

Pennsylvania online casinos posted another over $110 million revenue month in November as overall gaming and sports betting set new records.

Pennsylvania gaming revenue hit yet another all-time high before the close of 2021. Overall taxable gaming revenue in November totaled $432.5 million, a whopping 52% increase over November 2020, according to revenue figures released by the Pennsylvania Gaming Control Board on Tuesday.

The new record just beat out the previous high set in October 2021 of $425.9 million. It also brought PA gaming revenue over $4 billion for the year. Pennsylvania had already eclipsed its record annual gaming revenue in October.

PA online casino revenue in November came in just shy of the high. But it was a record-shattering month for PA sports betting with revenue $84.9 million nearly doubling the previous high of $48.1 million from September.

Read on for some key numbers plus four facts and one opinion about PA casino revenue in November 2021.

Key numbers from November 2021 PA gaming revenue

  • Pennsylvania overall gaming revenue (taxable): $432.5 million ($425.9 million in Oct.)
  • Online casino revenue (GGR): $114.5 million ($117 million in Oct.)
  • Online casino tax revenue: $39.1 million ($43.3 million in Oct.)
  • Sports betting handle: $761.6 million ($776. 3 million in Oct.)
  • Sports betting revenue: $84.9 million ($42.3 million in Oct.)
  • Sports betting tax revenue: $22.9 million ($8.5 million in Oct.)

Four facts about PA casino revenue in November 2021

1) PA casino revenue is consistently over $100 million per month.

Pennsylvania iGaming sites have posted over $100 million in GGR every month since March 2021. And December should continue the trend.

That puts PA among the leaders in online casino revenue, as only New Jersey and Michigan can say the same.

2) Online casino revenue rises in tandem with retail casino revenue (and sports betting revenue).

Overall taxable gaming revenue hit an all-time high in November. It was also up 33% year-over-year compared to November 2020. Before the launch of legal online gambling, many feared it would cut into retail revenue. Those fears are all but distant memories now as gaming companies continue to leverage their online and retail products for overall brand and growth.

Here’s a look at year-over-year increases in taxable revenue among the biggest revenue-generators for November:

  • Retail slots: 43.2%
  • Retail table games: 58.4%
  • Sports betting: 70.5%
  • Online slots: 61.2%
  • Online table games: 53.9%

3) Online casinos continue to prove a significant portion of both gaming revenue and taxes for PA.

PA online casinos are an important source of gaming revenue every month. With 17 legal online casinos now operational in Pennsylvania (and four online poker brands), it’s one of the most mature markets in the US.

In November, taxable revenue from online casino sites made up 21.7% of overall PA gaming revenue. iGaming also brought in 22.8% of the total $171.9 million in tax revenue for the state in November.

PA has some of the highest internet gaming tax rates around: 54% for online slots, 16% for table games and poker.

4) Online casino operators in PA are a major case of the haves and have-nots.

A whopping 82.3% of online casino gaming market share (in November) belongs to three of the state’s ten license holders. Collectively, those states operate nine of the total 17 online betting apps.

PA-based Penn National continues to dominate market share (40.4%) with its four heavy-hitting brands Hollywood, DraftKings, BetMGM and Barstool. Rivers Philadelphia, with its more local brands (BetRivers, SugarHouse and Borgata) remains firmly in second (26.7% market share).

Meanwhile, Valley Forge with FanDuel and Stardust casino sites continues to hold onto the No. 3 spot with 15.2% market share.

LicenseeOnline Brand(s)Total RevenueSlots RevenueTable Games RevenuePoker Revenue
Hollywood Penn NationalHollywood | DraftKings | BetMGM$46,246,312$31,840,603$14,172,945$232,763
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$30,613,778$27,731,791$2,796,872$85,114
Valley ForgeFanDuel | Stardust$17,444,360$9,684,546$7,759,814$0
Mount AiryPokerStars$6,259,718$3,580,456$891,082$1,788,180
ParxParx$3,904,976$3,468,302$436,674$0
Harrah's PhiladelphiaCaesars$2,736,676$1,893,174$194,879$648,623
Mohegan Sun PoconoUnibet$2,355,675$1,856,076$499,598$0
Live PhiladelphiaPlayLive | Betway$1,928,354$1,643,207$285,147$0
Presque IsleTwinSpires$1,599,995$1,075,737$524,258$0
Wind CreekWind Creek$1,426,335$1,334,674$91,661$0
Total$114,516,179$84,108,567$27,652,931$2,754,681

One opinion: The days of less than $100 million revenue months for PA online casinos are over.

It was clear in the spring of 2020 that the coronavirus accelerated online gaming revenue. Over a year later, online gambling remains a popular complement to retail gaming in Pennsylvania. Even as retail gaming options continue expanding with the opening of two mini-casinos so far and a third (Hollywood Morgantown, pictured above) set to open Dec. 22.

The online gambling trend is here to stay, and is not hurting land-based casino revenue which is also up significantly year-over-year.

Further, as unknowns still abound with new virus strains and Philadelphia-mandated vaccination requirements in public places including casinos, PA online casinos will remain a steady option for a home-based alternative.

Lead image of Hollywood Morgantown taken by Katie Kohler.

PA Crosses $1 Billion in Online Casino Revenue for 2021, Shatters Gaming Records in October

PA online casinos and sportsbooks broke records in October 2021, joining NJ as the first state to cross $1B in yearly iGaming revenue.

Gaming in Pennsylvania continues to recover from the worst of the pandemic. In fact, it is still growing like gangbusters, October revenue numbers released by the Pennsylvania Gaming Control Board (PGCB) show.

October was a month of revenue records, for sports betting and online casinos.

PA gaming revenue has a record-setting October

PA crossed into the $1 billion stratosphere for iGaming revenue in a single year. And it did it the same month that New Jersey accomplished the same feat.

Sports wagering handle last month was staggering, nearly $776.3 million. That’s the highest to date. That easily beats the former record of $615.3 million total set in January 2021 by an impressive $161.1 million.

Total gaming and fantasy revenue (AGR) last month was $425.9 million, an increase of 33% compared to revenue in October 2020 when it was $320.2 million. The figure from this October is an all-time monthly revenue high.

Keep in mind there were more than 9,100 fewer retail slots in operation a year ago.

Retail table games set a record of just more than $89 million, a 41% increase year-over-year. That was also the single highest month ever, besting the July 2021 figure of  $86.9 million.

Performance, however, remained uneven from property to property. That was especially so in the online casino segment with one big winnerHollywood at Penn National and its affiliated brands – and three clear losers.

We take a closer look at the key numbers for continuing strong online casino performance and record-setting sports betting numbers.

Online casinos set new record, surpass $1B yearly revenue

Casino games available online generated gross revenue of $117 million during October 2021, increasing 58.7% compared to October 2020, when revenue was $73.7 million.

That’s a new high.

The tax revenue generated from internet casino play in October was $43.3 million.

So far this year, iGaming has generated just over $1 billion in revenue and $1.8 billion over its lifetime.

There are some clear winners and losers here, with the top three operators (making up 9 of 17 online brands) making up around 80% of market share.

LicenseeOnline Brand(s)Total RevenueSlots RevenueTable Games RevenuePoker Revenue
Hollywood Penn NationalHollywood | DraftKings | BetMGM | Barstool$44,444,677$30,388,315$13,753,252$303,110
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$31,025,369$27,509,521$3,407,780$108,068
Valley ForgeFanDuel | Stardust$19,570,740$11,441,383$8,129,357$0
Mount AiryPokerStars$7,330,911$3,959,319$1,515,758$1,855,834
ParxParx$4,589,775$3,849,743$740,033$0
Harrah's PhiladelphiaCaesars$3,185,474$2,055,915$542,248$587,311
Mohegan Sun PoconoUnibet$2,446,901$1,991,867$455,034$0
Wind CreekWind Creek$1,861,652$1,669,670$191,982$0
Presque IsleTwinSpires$1,427,382$1,055,154$372,228$0
Live PhiladelphiaPlayLive | Betway$1,156,567$948,356$208,211$0
Total$117,039,448$84,869,243$29,315,882$2,854,323

Sports betting revenue sets new high

Helped by five NFL weekends and the start of NBA season, PA had its best-ever month for handle three years into legal sports betting. Also, with about half of all sports betting revenue and handle in PA coming in 2021, the segment is still gaining steam.

Sports revenue so far this year is more than $382.6 million with lifetime revenue at nearly $766.8 million.

Valley Forge Casino Resort, allied with FanDuel Sportsbook, had a total handle of $275.4 million with online revenue of $19.3 million. Their retail revenue added $566K.

Penn National’s Meadows Casino, partnered with DraftKings Sportsbook online, had a handle of $204.1 million, with online revenue of $9.6 million and total sports revenue of $9.8 million.

Land-based retail casinos fully recovered

In October, retail slot revenue was more than $203.3 million, up from $154.7 million a year ago.

Retail table revenue topped $89 million. A year back, table revenue was $63.3 million.

Penn National brands continue to suck up online casino market share

The dominant winner in the online casino segment was Hollywood Casino at Penn National Gaming, with $44.4 million in iGaming revenue. Its brands include DraftKings, BetMGM and Barstool.

But Mount Airy Casino, Parx Casino and Mohegan Sun Pocono were down double-digit percentages year over year in the online casino sector.

Lead image via Shutterstock.

Second Best Month for PA Online Casinos As Revenue Tops $111 Million in September

Near-record revenue for PA online casinos helped spur another $400M-plus gaming revenue month in September.

Gaming is fully back in Pennsylvania, according to September revenue numbers.

And while casino properties have staged a recovery, the online play remains a huge revenue stream driver despite the reopening of physical properties, Pennsylvania Gaming Control Board (PGCB) figures show.

Online casinos (including online slotsonline table games, and poker sites) produced $111.8 million in gross gaming revenue in September. That’s the second-most ever and seventh month in a row with gross gaming revenue above $100 million.

The monthly record of $113.8 million was set in May.

Total gaming revenue from all sources was up 45.58% year-over-year, from $285.5 million a year ago to $415.6 million this September.

Retail revenue

Retail remains huge, with $199.9 million in September slot revenue, up from $157.4 million a year back and table revenue at $84 million, up from $59.1 million.

Operators have seen online and retail work together when tied to brands and reward card offers.

Online gaming revenue

September iGaming revenue represented a 61.3% increase from a year ago when revenue was $69.4 million. It was also up 8.4% over August’s $103.2 million.

The online win (AGR) for September came in at $97.8 million of taxable revenue, yielding $41.7 million in state and local taxes.

Online casino and poker sites generated $3.7 million in gross gaming revenue a day over the 30 days of September. That’s up from $3.3 million per day in August.

Poker revenue from four sites up year-over-year

Poker by itself accounted for $2.9 million from the four sites with Mount Airy’s PokerStars still dominating with $1.9 million in revenue.

Following poker sites were:

  • WSOP.com (Harrah’s Philadelphia): $603,466
  • BetMGM (Hollywood Casino Grantville): $270,816
  • Borgata (Rivers Philadelphia): $93,775

A year ago, poker accounted for about $2.4 million from just PokerStars.

PA online casino operator revenue in September 2021

LicenseeOnline Brand(s)Total RevenueSlots RevenueTable Games RevenuePoker Revenue
Hollywood Penn NationalHollywood | DraftKings | BetMGM | Barstool$42,992,653$28,998,279$13,723,557$270,816
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$31,110,443$27,335,188$3,681,480$93,775
Valley ForgeFanDuel | Stardust$16,714,794$10,738,251$5,976,544$0
Mount AiryPokerStars$7,259,334$4,127,699$1,174,848$1,956,788
ParxParx$4,135,579$3,711,302$424,277$0
Harrah's PhiladelphiaCaesars$3,027,604$1,968,673$455,465$603,466
Mohegan Sun PoconoUnibet$2,526,517$2,286,049$240,468$0
Wind CreekWind Creek$1,954,257$1,774,073$180,184$0
Presque IsleTwinSpires$1,261,785$886,935$374,850$0
Live PhiladelphiaPlayLive | Betway$962,615$851,029$111,586$0
Total$111,945,582$82,677,476$26,343,260$2,924,846

Penn National and Rivers Philadelphia remain atop the online revenue leaderboard

Penn National and its iGaming brands – DraftKings, BetMGM, Barstool, and Hollywood casinos – dominated with $43 million in gross revenue.

Rivers Philadelphia – with SugarHouse, Borgata, and BetRivers – remained in the second position with $31.1 million.

Sports wagering

Overall, the sports wagering handle for September 2021 was $527.4 million

The total sports handle the year before was nearly $462.8 million, and that was more than double September 2019, when the handle was just $194.5 million.

The taxable sports wagering revenue figure for September 2021 was $28.2 million, or 351% higher than the September 2020 taxable revenue of $6.2 million.

This September, FanDuel Sportsbook (via Valley Forge Casino) accounted for nearly 35 percent of the handle or $183.6 million. FanDuel also had the highest hold percentage at 11.6% with revenue of $21.2 million.

The average hold across the board among 13 operators was 7.8%. Promo spending remained large at $19.6 million, with FanDuel/Valley Forge giving away $7.2 million.

State and local taxes from sports betting for September were $7.5 million.

VGTs up and fantasy flat

Four operators of 295 video gaming terminals or VGTs were up about $1 million from a year ago.

This Sept. VGT revenue was $3.4 million led by nearly $2.2 million from Penn National’s Marquee. It was just under $2.4 million in 2020.

Fantasy contests were flat year-over-year at about $3.2 million.

Lead image via Dreamstime. 

Here to Stay: PA Online Casinos Finish Strong in Record Revenue Year Led By Penn National

June 2021 wrapped up a record year for Pennsylvania gambling, led by a strong and steady PA online casino market, led by Penn’s brands.

PA online casinos just closed a fiscal year for the record books with yet another $100 million-plus month. June’s Pennsylvania iGaming gross revenue topped out at nearly $100.9 million.

Of the total revenue last month, more than $72.4 million came from slot games, more than $26.0 million from online table games, and more than $2.4 million from poker. In June the year before, gross revenue was just more than $50 million.

FY 2020/21 revenue for PA online casinos, poker

And FY 2020/21 revenue from iGaming was more than $897.2 million AGR (adjusted gross revenue), a 272.5% increase in revenue when compared to the nearly $240.9 million generated in the previous fiscal year, the first year for online casino gambling in the state. iGaming began in PA just two years ago.

The fiscal year was marked by a remarkable succession of new online gambling records.

The overall 2020/21 FY revenue for all gambling combined in the Commonwealth reached a record $3.875 billion.

The previous FY high revenue was during 2018/2019 when revenue topped slightly more than $3.3 billion.

Overall revenue was supercharged this past year by galloping growth in sports betting and especially iGaming. Video gaming terminals (VGT) and daily fantasy contests also contributed.

Together, those four markets accounted for almost 33% of the total revenue achieved in FY 2020/2021 but online casinos led them all.

COVID hurt traditional gaming revenue, but online alternatives flourished

The year-over-year increase in revenue number is especially significant given casino shutdowns and other factors related to Covid-19 restrictions.

Casinos in PA were closed for three months in the second quarter of 2020 affecting slot machines, table games, VGTs, and retail sports wagering revenue. There was also the stoppage of major sporting events, aside from a few exceptions.

VGTs also bounced back. FY 2020/21 revenue for the machines was more than $31.3 million, a 361% increase over the previous year when revenue was just $6.8 million.

The truck stop gambling devices appeared in August 2019 and just 28 locations were approved by the end of their first fiscal year. Now there are 49 locations, each with five machines, or 245 total.

Other FY 2020/21 takeaways

Penn National was the leading operator over the past fiscal year.

In order following PNG were: Rivers Casino Philadelphia, Valley Forge Casino Resort, MountAiry Casino Resort, and Parx Casino.

There are now 17 different online casinos in PA, the most recent being Betway online casino. It operates under the Live! Casino Philadelphia license. Stardust Casino went live in April, following Borgata Casino‘s launch in February. Barstool Sports is also in the mix with an online casino as of early May.

PA online poker finally has a choice of operators in addition to Mount Airy‘s PokerStars PA, but instead of expanding the revenue base, the new operators are just chopping up the pot. Poker revenue plateaued last fiscal year. Poker revenue dropped 25.4% in June 2021 compared to a year ago when traditional casinos (and poker rooms) were shuttered.

PA strong among iGaming states during 2020/21

In February, newly launched Michigan became the second-largest casino gambling market, with PA dropping to third and New Jersey still firmly at the top.

In June, the top three states by GGR were:

  • New Jersey: $107.1 million
  • Pennsylvania: $100.8 million
  • Michigan: $89.2 million

Live dealer games launched in October, 2020 via Evolution Gaming and additional live dealer options joined the market in the following months.

PA sportsbooks set a record in FY 2020/2021 with $5.6 billion in handle and $440.6 million in revenue. More than 90% of wagers come online. That percentage increased despite lifting virus restrictions.

PA online casino operator revenue in June 2021

LicenseeOnline Brand(s)Total RevenueSlots RevenueTable Games RevenuePoker Revenue
Hollywood Penn NationalHollywood | DraftKings | BetMGM | Barstool$37,205,093$24,617,083$12,262,772$325,238
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$27,288,552$23,661,852$3,547,674$79,026
Valley ForgeFanDuel | Stardust$15,940,154$8,854,671$7,085,483$0
Mount AiryPokerStars$7,981,005$4,829,600$1,137,990$2,013,415
ParxParx$4,584,732$3,971,747$612,984$0
Mohegan Sun PoconoUnibet$2,545,316$2,210,851$334,465$0
Harrah's PhiladelphiaCaesars$2,063,528$1,669,249$394,278$0
Wind CreekWind Creek$1,756,513$1,619,915$136,598$0
Live PhiladelphiaPlayLive | Betway$905,895$820,849$85,046$0
Presque IsleTwinSpires$607,287$158,670$448,617$0
Total$100,878,074$72,414,488$26,045,907$2,417,679

Penn National still king of PA online gambling space

Penn National’s online gaming brands Hollywood CasinoDraftKings Casino, and BetMGM PA Casino continued to dominate in June. They combined for more than $37.2 million in online revenue.

Of that, slot revenue was $24.6 million, tables revenue $12.2 million, and poker (BetMGM online poker site) more than $325K.

Rivers Philadelphia second, Valley Forge (fueled by FanDuel) in third

Gross online gaming revenue for Rivers Philadelphia, including online brands SugarHouseBetRivers Casino, and Borgata Poker, was $27.3 million.

Online slot revenue was $23.6 million, table revenue $3.5 million and online poker less than $80K.

Valley Forge Casino and its FanDuel PA Casino and Stardust skins had gross online gaming revenue of more than $15.9 million.

VF revenue was closely split between online slots and online table games.

Mount Airy a distant fourth, but poker leader

Mount Airy had nearly $8 million in June online revenue, but its slots revenue was just $4.9 million and table games totaled $1.1 million.

They remain the poker leader with PokerStars PA bringing in more than $2 million in June 2021. BetMGM/Borgata Poker sites aren’t threatening seriously yet, but time will tell if the recently launched WSOP PA site can make a run at No. 1.

Lead image credit: AP Photo/Keith Srakocic

PA Online Casinos Shine Bright In April With Another $100M Plus Revenue Month

PA online casinos combined for over $100 million in gross gaming revenue for the second month straight in April, led by Penn brands.

Pennsylvania online casino gross gaming revenue declined 5.5% from March to April, according to monthly revenue reports from the Pennsylvania Gaming Control Board.

March GGR for online casino games and online poker was more than $111.6 million, but the April figure was just more than $105.4 million.

Online slots revenue was more than $75.4 million, and online table games accounted for nearly $27.7 million.

Tax revenue generated from internet gaming during this April was $38.6 million, according to the PGCB.

PA poker has additional operators

PA online poker, which has been a one-trick pony with just Mount Airy‘s PokerStars, now has additional operators. Longtime provider PokerStars pulled in more than $2.3 million of poker’s total $2.4 million in April.

The new PA Borgata Poker (through Rivers Philadelphia) and BetMGM Poker (aligned with Hollywood Casino) were only live for two days in April.

Poker revenue has mostly plateaued in PA and dropped nearly 55% from a year ago when all brick-and-mortar casinos were shuttered due to COVID-19 restrictions.

Overall PA gaming at record highs

Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests, and VGTs.

PA sportsbooks had a handle of $479 million and $36 million in revenue. Compared to March, handle decreased 14.4% and revenue dropped 12.1%.

Total revenue during April generated from all forms of regulated gaming in Pennsylvania plus fantasy contests was more than $404.1 million, eclipsing the total revenue record set the previous month in March.

Tax revenue generated from internet gaming during April 2021 was $38.6 million.

Penn National’s Hollywood still dominates in the online gaming space

Hollywood’s online casino brands Hollywood, DraftKings, and BetMGM, combined for nearly $36 million from iGaming, again making them the leader among 13 online casinos live during April. In PA, each land-based iGaming license holder can partner with up to three “skins” or online casino brands.

The PA-based company was second in online slot play at $24.4 million and first in online table play at $11.5 million. Poker chipped in more than $20,000.

Rivers Philadelphia in the second position

Gross online gaming revenue for Rivers Philadelphia including SugarHouse, BetRivers, and Borgata Poker totaled $30.4 million.

They were the king of online slot revenue at nearly $26 million and in second for online table games at nearly $4.4 million. Poker added just about $6,600.

Valley Forge, fueled by FanDuel, in third

Valley Forge Casino and their FanDuel Casino skin had gross online gaming revenue of almost $16 million, nearly evenly split between online slots and online table games.

Mount Airy fourth

Mount Airy’s PokerStars came in fourth for online revenue, with more than $5 million from slots, nearly $1.8 million for table games, and more than $2.3 million for poker, their signature online offering.

Live! Philadelphia not showing much online momentum

Live! Philadelphia, the Cordish Companies‘ marque PA casino, only recently opened its doors, and that was in the midst of the late phase of the pandemic, but the company went with an online casino last August.

Despite that head start, online numbers remain low, with online table games accounting for just $23,220 eight months later.

That’s anemic, given the online table games revenue generated at similar large properties.

Even tiny Presque Isle and its new TwinSpires brand had online tables revenue of more than $270,000.

Live!’s online slot revenue was healthier but still relatively low at just more than $870,000.

PA iGaming operator revenue in April 2021

LicenseeOnline Brand(s)Total Revenue (GGR)Slots RevenueTable Games RevenuePoker Revenue
HollywoodHollywood | DraftKings | BetMGM$35,966,200$24,410,233$11,535,536$20,431
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$30,391,067$25,994,061$4,390,366$6,640
Valley ForgeFanDuel | Stardust$15,960,286$8,052,231$7,908,056--
Mount AiryPokerStars$9,168,267$5,051,490$1,771,720$2,345,056
ParxParx$5,724,081$4,882,862$841,220--
Mohegan SunUnibet$2,883,228$2,357,813$525,415--
Wind CreekWind Creek$1,962,398$1,827,654$134,744--
Harrah'sCaesars$1,854,717$1,570,575$284,142--
Live PhiladelphiaPlayLive$895,595$872,375$23,220--
Presque IsleTwinSpires$665,577$392,640$272,937--
Total$105,471,416$75,411,933$27,687,356$2,372,127

Image via Dreamstime

PA Online Casino Revenue Surges Past $70 Million in December 2020 with Big Push from Penn

PA online casinos set new record highs in December 2020, helped along by retail casino closures and new additions like BetMGM.

The Pennsylvania Gaming Control Board announced a new monthly record for revenue generated by iGaming. December sports wagering handle was also the highest ever for PA.

Casino games online generated more than $71.6 million in gross revenue during December 2020 compared to just above $10.6 million a year earlier.

December easily eclipsed the previous revenue high for online casino gaming, set in October 2020 at more than $59.7 million.

Online casino and online table games together had revenue of nearly $68.9 million in December. By contrast, retail revenue collectively tallied just more than $59.2 million.

Tax revenue generated from internet gaming play during December 2020 was more than $29 million.

Closures much of month for retail hurt revenue

The record results for iGaming came during a month in which retail operations at casinos and video gaming terminals (VGT) went dark.

Operations ceased on December 12th and remained closed through the end of the month due to statewide COVID-19 restrictions.

Even before that, the number of retail slot machines in operation on Dec. 11, 2020 – the day before a forced closure – was only 16,957 compared to 24,116 at the casinos on Dec. 30, 2019, according to the PGCB.

Some key figures from the December 2020 revenue report:

  • Online casino revenue was up a staggering 730.2% year over year.
  • Land-based casino slots were down 77.5% YoY.
  • Internet table games revenue was up 776.9% YoY.
  • Retail table games were down 78.2% YoY (from $78.1 million in Dec. 2019 down to $17.1 million last month).

With the closures, the combined total revenue in December from all forms of gaming and fantasy contests was more than $168.7 million, representing a decrease of 42.2% compared to revenue generated in December 2019.

Online wagering boomed, set new records

Recent growth in online gaming streams helped offset what would have been a much larger drop in YoY revenue.

Combined revenue for online casinos, poker, and online sports betting was $104.5 million, or 61.9% of the total PA gaming revenue for December.

Online poker was up slightly at $2.7 million, compared to $2.4 million in November. There is still just one operator, PokerStars PA, via Mount Airy Resort.

VGTs hurt by forced closures

Truckstop VGT terminals were down 8.67% to $802,918. Like casinos, they were ordered closed much of December.

A year ago, in December 2019, VGTs brought in $879,153.

Sports wagering boomed with the highest monthly handle

PA sportsbooks had their best month ever in December. The month’s total sports wagering handle was nearly $548.6 million or 11.5% above the November total of $491.9 million.

December was the highest monthly handle ever, eclipsing the previous record $525.8 million wagered in October.

The taxable revenue figure for December 2020 was just above $34 million, or 8.8% below the November taxable revenue of more than $37.3 million, which remains the highest for any month to date.

With two years of operating history for sports betting in PA, the Keystone State is the No. 3 jurisdiction for sports handle behind Nevada and New Jersey.

Daily fantasy contests were off 12.34%, with revenue of just more than $3 million.

December PA online casino breakdown by operator

A complete breakdown of December revenue, including slots and table games by operator (online gaming license holder), can be found here:

Casino OperatorTotal RevenueSlots RevenueTable Games Revenue
Rivers Philly (SugarHouse & BetRivers)$19.3 million$15.9 million$3.4 million
Penn National (DraftKings Casino)$13.7 million$6.0 million$7.7 million
Valley Forge (FanDuel)$11.2 million$5.1 million$6.1 million
Mt. Airy (PokerStars & Fox Bet)$7.0 million$2.8 million$1.4 million
Penn National (BetMGM)$5.7 million$3.9 million$1.8 million
Parx Casino$5.0 million$4.6 million$418,000
Penn National (Hollywood Casino)$4.0 million$3.9 million$128,000
Mohegan Sun Pocono (Unibet)$3.1 million$2.1 million$963,000
Harrah's Philly (Caesars)$1.3 million$978,000$351,000
Wind Creek Casino$591,000$441,000$150,000
Live! Casino Philadelphia (PlayLive!)$400,000$327,000$73,000
Presque Isle Downs (BetAmerica)$164,000$151,000$13,000
Totals:$68.9 million$46.2 million$22.6 million

Casino operators by the numbers

The clear front-runners in the online casino race in PA remain Penn National, Rivers Philadelphia, and Valley Forge.

The top five PA online casinos for December revenue include:

  • BetRivers/PlaySugarHouse (Rivers Philly): $19.3 million
  • DraftKings Casino (Penn National): $13.7 million
  • FanDuel Casino (Valley Forge): $11.2 million
  • PokerStars/Fox Bet (Mount Airy): $7.0 million
  • BetMGM (Penn National): $5.7 million

New additions, Penn on the rise

Penn National has made a large leap when it comes to online casino market share in PA. With the addition of BetMGM Casino on Dec. 4 (through its Hollywood Casino Morgantown license), Penn now boasts three iGaming options in PA: Hollywood online casino, DraftKings, and BetMGM.

BetMGM got off to a strong start, posting the fifth-highest iGaming revenue out of the gate.

Other recent additions – Wind Creek casino and Live! Casino Philadelphia’s PlayLive! – were near the bottom at $591K and $400K in revenue, respectively.

BetRivers/PSH had the largest slot revenue at $15.9 million. DraftKings won the online table category at $7.7 million, with FanDuel just behind at $6.1 million.

PA iGaming Rides The Wave To More Than $55 Million In May Revenue

Online casinos in Pennsylvania continued to flourish in May with land-based options closed, reaching new highs in revenue and total wagers.

More than a billion, yes, billion with a ‘B’ was wagered on online slots in May. Pennsylvania posted a staggering record for online slot wagering at $1,064,660,897 in May.

Online gaming climbs with land-based betting closed

Revenue was $38.8 million during the month for online slots. The amount wagered on interactive table games was $778.5 million, with revenue of more than $12.4 million.

Adding in the revenue of nearly $4.6 million for online poker in PA, iGaming revenue reached a record $55.8 million in May. PokerStars PA remains the sole live poker operation in PA.

Shuttered land-based wagering generated no revenue while online revenue set a record again for the fourth straight month.

Online sports wagering made a solid contribution given lack of action

Online sports wagering saw $77.5 million in wagers, with $5.9 million in revenue, remarkable given how few the sportsbetting options were in May. That’s a 69% increase from a year ago.

Tax revenue from all forms of gaming in May 2020 was $25.76 million.

Record for online

Gamblers adapted to retail shutdowns with online games – slot machines, table games, and poker – jumping 30% over April 2020, which was a record in its own right, according to data released Tuesday by the Pennsylvania Gaming Control Board (PGCB.)

A complete breakdown of  May revenue, including slots and tables games by operator (online gaming license holder), can be found here:

Casino OperatorTotal RevenueTable Games revenueSlots revenue
Rivers Philly (SugarHouse & BetRivers)$17.6 million$2.5 million$15.1 million
Valley Forge (FanDuel)$8.0 million$3.3 million$4.7 million
Mt. Airy (PokerStars & FOXBet)$6.3 million$2.6 million$3.7 million
Penn National (Hollywood & DraftKings)$9.0 million$1.9 million$7.1 million
Parx Casino$6.9 million$1.4 million$5.5 million
Mohegan Sun Pocono (Unibet)$2.4 million$607,000$1.8 million
Presque Isle Downs (BetAmerica)$137,000$84,000$54,000
Harrah's Philly (Caesars)$931,000$30,000$901,000
Totals:$51.2 million$12.4 million$38.8 million

Casinos begin to reopen in June

Land-based gaming options were all shuttered for the entire month. Three casinos have reopened so far in June. Schedules for reopening the remaining nine gambling halls are beginning to trickle in.

Due to the closures, overall gaming revenue was down 79% in May of this year compared to May 2019.

The more than $55.8 million May online casino revenue figure was more than double the revenue generated from those games in March when revenue hit nearly $24.9 million. All brick-and-mortar casinos were closed in PA by March 17.

Top interactive sites

The biggest interactive operators were Penn National, including sites Hollywood and DraftKings, Rivers Philly which includes BetRivers and PlaySugarHouse, and Valley Forge which partners with FanDuel.

Rivers Philly accounted for $17.6 million in revenue, $15.1 million coming from slots.

Penn National accounted for $9 million, with $7.1 million from slots. DraftKings debuted in PA on May 1, launching under the Penn online casino license.

And Valley Forge (FanDuel) had revenue of $8 million, $4.7 million from slots.

Next month will begin to show revenue for retail locations once again. The question is how much, given the shift to online wagering for three months.

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