August Online Casino Revenue Jumps 59% Year-Over-Year With Penn National and Rivers Leading

PA online casinos and poker sites combined for over $100 million in gross gaming revenue for the sixth month straight in August.

Gaming, with a few exceptions, appears recovered from the pandemic in Pennsylvania, though there are quirks with individual operators. And online play remains a significant revenue stream despite the reopening of physical casinos.

In August, the gross gaming revenue for iGaming, which is online slots and online table games combined with online poker, was more than $103.2 million, the sixth straight month above $100 million. GGR was quite steady month-over-month, down just 1.2% from $104.5 million in July.

Taxable iGaming revenue for August ($88.7 million) was up a whopping 58.6%, from $55.9 million last August, according to figures from the Pennsylvania Gaming Control Board (PGCB).

The online record of $111.6 million was set in March.

Gaming landscape in PA has changed

It has been a year of change, and not just because of the virus.

There are three additional brick-and-mortar casinos this year: Live! Philadelphia, Live! Pittsburgh and Hollywood Casino York

All land-based casinos are fully back, though some have staffing issues left from the pandemic.

And there are now 17 PA online casinos and four online poker sites, which seems to say online wagering is not just a phase. Online has increasingly tilted to slots so far this year, with an upwards swing of about 10 percent of overall iGaming revenue just this year.

Online Slots, Table games, and Poker Revenue in 2021

That might partially explain why four land-based casinos have asked the PGCB to allow them to remove more than 1,200 slot machines from casino floors. Though the unfettered proliferation of unregulated gambling machines outside casinos likely also plays a role.

Total revenue up 31 percent in a year

Total combined taxable gaming revenue in PA during August 2021 was just above $408 million.

That represents an increase of over 31% over total revenue for last August when it was just under $310.1 million.

Keep in mind there are three additional brick-and-mortar casinos this year, with Hollywood York being open for 20 days during August 2021.

Two companies dominated online casinos: Penn National and Rivers Philly

Betting on online casino games remained brisk, hitting $3.2 billion in August, about even with July.

Online casinos and online poker generated $3.3 million in gross gaming revenue per day over the 31 days of August, narrowly down from $3.4 million per day in July.

Online slots accounted for $80.8 million of the total revenue online, while online table games tallied another $19.2 million.

Just two companies together accounted for nearly two-thirds – 64% – of the iGaming market revenue.

Penn National and their brands Hollywood, DraftKings, and BetMGM dominated with 34% of the iGaming market, followed by Rivers Philadelphia, with brands SugarHouse, BetRivers, and Borgata combining for 29.8% of the market.

Together the two accounted for nearly $26.9 million in state and local taxes from iGaming out of the total tax paid of almost $39.4 million.

In August, the two were the tops for giving away promotional play, more than $4.6 million Hollywood Penn National and nearly $3.7 million for Rivers Philly. Total promo play in August was $14.5 million.

Online poker

Online poker at four properties combined for revenue of nearly $3.2 million in August, up from $2.6 million in July.

Mount Airy‘s Poker Stars took in more than $1.9 million, Harrah’s (WSOP.com) accounted for $819,249, Hollywood (BetMGM) collected $345,983, and Rivers Philadelphia (Borgata) kicked in $117,440.

It was the first full month for WSOP PA, which also hosted the first-ever online bracelet series for PA players during August.

PA online casino operator revenue in August 2021

LicenseeOnline Brand(s)Total RevenueSlots RevenueTable Games RevenuePoker Revenue
Hollywood Penn NationalHollywood | DraftKings | BetMGM$35,093,596$27,860,328$6,887,285$345,983
Rivers PhiladelphiaSugarHouse | BetRivers | Borgata$30,796,907$26,946,890$3,732,578$117,440
Valley ForgeFanDuel | Stardust$15,274,431$9,920,857$5,353,575$0
Mount AiryPokerStars$7,548,670$4,415,359$1,218,991$1,914,320
ParxParx$4,118,526$3,631,875$486,650$0
Harrah's PhiladelphiaCaesars$3,038,942$1,997,924$221,769$819,249
Mohegan Sun PoconoUnibet$2,409,303$2,057,488$351,816$0
Wind CreekWind Creek$1,753,565$1,580,717$172,849$0
Live PhiladelphiaPlayLive | Betway$1,648,126$1,373,312$274,814$0
Presque IsleTwinSpires$1,563,500$1,061,280$502,220$0
Total$103,245,566$80,846,027$19,202,547$3,196,992

Sports wagering gets an August bump

The taxable revenue from August 2021 for overall sports betting was $18 million, compared to $18.2 million in August of last year, a decrease of 1.5%, PGCB figures show. GGR was $25.3 million in August.

The total sports wagering handle was $348.5 million, a 14% increase from July. Valley Forge (FanDuel Sportsbook) accounted for $137.3 million and The Meadows (DraftKings Sportsbook) brought in $81.3 million. The two together owned nearly two-thirds (62.7%) of the market. The Meadows was up nearly 419%.

Online sports betting dwarfed retail sports wagering, with August online revenue $22 million and retail revenue just $3.3 million.

VGTs and fantasy

Four operators of video gaming terminals or VGTs had total August revenue of more than $3.6 million from 290 machines at 58 locations, according to the PGCB.

Fantasy sports continued a long decline, down more than 24.5% from a year ago, with August revenue of just $1.6 million, down from $2.1 million 12 months ago. But it was about a $100K increase from July.

Lead image via Dreamstime.

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 Casinos Lead Gaming Recovery with Record $80 Million January

Online slots, table games and poker in PA crossed $80 million in revenue in January 2021, helping PA gaming post a 2.7% YoY revenue increase.

Despite ongoing disruptions from virus-restricted business conditions, overall gaming revenue in Pennsylvania is up 2.7% over last year, according to the Pennsylvania Gaming Control Board.

Revenue during January from all forms of gaming, along with fantasy contests, was more than $311 million. Revenue regulated by the PGCB includes slot machines, table games, internet gaming, sports wagering, fantasy contests, and VGTs.

Total tax revenue generated collectively through all forms of gaming and fantasy contests was more than $127 million during the month.

Restrictions from virus boosted online gaming

And as a likely by-product of COVID-19 concerns and restrictions, January was a record month for PA online casino games. The PGCB reported total iGaming revenue of more than $80.4 million.

That’s the highest amount ever, beating the previous high of $71.6 million set in December 2020 by an impressive 11%.

Online slots revenue was just above $51 million, a huge jump from a year ago when it was $7.2 million. The year-over-year percentage increase comes out to a staggering 609%.

Online table games revenue was nearly $26.7 million, up from just over $4.6 million a year ago. The percentage increase YoY was almost 479%.

Tax revenue generated from internet gaming play during January was more than $32.2 million.

Online poker generated more than $2.7 million with just one operator, a 26.4% boost from a year ago. That was on par with December numbers.

Virus disrupts gaming revenue nationwide in 2020

The virus clearly wreaked havoc on the land-based gaming across the country, according to figures this week from the American Gaming Association.

Commercial gaming revenue totaled $30.0 billion in 2020, down more than 31% YoY, according to the AGA’s Commercial Gaming Revenue Tracker.

The year marked the first market contraction for the gaming industry since 2014 and the lowest gaming revenue total since 2003.

Retail casino numbers hammered

In PA, January’s gross revenue from casino-based slot machines was $140.7 million, a 26.1% decrease compared to the $190.3 million generated in January 2020.

Tellingly, the number of slot machines in operation this past January was just 18,703 compared to 24,126 a year back.

Table games revenue in casinos was likewise off for January with just more than $50.8 million, a decrease of 29.9% from the previous January, when revenue was $72.5 million.

Sports handle up, revenue down slightly

January’s sports betting handle was nearly $615.3 million or 12.2% above December’s record total of $548.6 million. But the taxable revenue for January declined slightly from $34 million to just above $33.9 million.

In January, PA crossed the $100 million mark in lifetime sports betting tax revenue.

VGT and daily fantasy back on track

Video Gaming Terminals, or VGTs,  produced gross revenue of more than $2.2 million and daily fantasy sports (DFS) kicked in revenue of more than $2.9 million. The two segments seem to have recovered from pandemic headwinds.

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.

January PA online casino breakdown by operator

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

Casino OperatorTotal RevenueSlots RevenueTable Games Revenue
Penn National (DraftKings, Hollywood, BetMGM)$27.6 million$16.2 million$11.4 million
Rivers Philly (SugarHouse & BetRivers)$21.0 million$16.5 million$4.5 million
Valley Forge (FanDuel)$14.7 million$6.8 million$8.0 million
Parx Casino$5.3 million$4.8 million$509,000
Mt. Airy (PokerStars & Fox Bet)$3.6 million$2.2 million$1.4 million
Mohegan Sun Pocono (Unibet)$2.8 million$2.2 million$534,000
Harrah's Philly (Caesars)$1.4 million$1.2 million$244,000
Wind Creek Casino$552,000$380,000$173,000
Live! Casino Philadelphia (PlayLive!)$487,000$451,000$37,000
Presque Isle Downs (BetAmerica)$182,000$282,000-$100,000
Totals:$77.7 million$51.0 million$26.7 million

Casino operators by the numbers

The clear front-runners in PA’s online casino race remain Penn National (which includes DraftKings, Hollywood, and BetMGM), Rivers Philadelphia (which includes SugarHouse and BetRivers), and Valley Forge, with FanDuel.

A look at top PA online casino operators in January:

  • Penn: Total revenue $27.6 million (slots: $16.2 million; table games: $11.4 million).
  • Rivers Philly: Total revenue $21.0 million (slots: $16.5 million; tables: $4.5 million).
  • Valley Forge: Total revenue $14.7 million (slots: $6.8 million; tables: $8.0 million).

Image via Dreamstime/Anke Van Wyk.

PA Online Casinos Top $50 Million in Revenue For Third Month Straight in July

It’s been a red-hot summer for PA online casinos, which posted their second-highest-ever revenue of $54.4 million in July, with the market still growing.

Online casinos in Pennsylvania generated gross revenue of $54.4 million during July.

That’s 8.6% higher than in June. Revenue then was $50.1 million. June and July were both down slightly from PA iGaming’s peak revenue of $55.8 million in May.

Offering a longer perspective on the astounding online growth, a year ago, when there were only three online wagering options available in PA, the monthly revenue was just $812,000. And the highest revenue pre-pandemic closures came in at $19.5 million (in February).

Total gambling revenue $283 million despite ongoing virus recovery

In the larger context, the Pennsylvania Gaming Control Board  (PGCB) figures show that total gaming and fantasy contests revenue generated during July was just under $283.1 million.

That’s a 0.6% increase over revenue generated a year ago, when it was $281.5 million.

July was the first time since state-mandated COVID-19 restrictions were put in place in mid-March that all 12 casinos operated for most of the month.

VGTs are back in the black, online poker continues a slide

With truck stop VGTs back in action in July and additional locations operating, those machines generated nearly $2.1 million in revenue.

The one down number was online poker at just under $3.0 million this July versus $3.2 million in June. In May, poker revenue was $4.6 million, down slightly from its peak of nearly $5.3 million in April. The sole site in the state remains PokerStars PA, with others expected to join soon.

Wind Creek, Live! new online players, with more to come

Wind Creek Bethlehem went live with an online casino on July 24 and generated just over $34,000 in revenue from online slots and table games for the month. Wind Creek’s Betfred-branded online sportsbook is expected to follow soon, possibly before the start of NFL. It’s also building a retail Betfred sportsbook.

A Live! online casino (PlayLive!) launched on Aug. 14 and will appear on next month’s revenue report. Sports betting should follow soon. And there are still more online betting sites on the way to PA.

Penn National, under the Barstool Sports brand, plans to launch retail and online sports betting in Q3.

Additionally, BetMGM/ROAR Digital is in the process of getting approval to launch an online casino, online sportsbook and online poker via partypoker, all expected before the end of 2020.

And finally, the  WSOP.com online poker site is also heading to PA, though the exact timeline is unclear. That would leave just Golden Nugget to launch online slots and table games, but that could happen sooner than expected as well.

July online casino breakdown by PA operator

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

Casino OperatorTotal RevenueSlots RevenueTable Games Revenue
Rivers Philly* (SugarHouse & BetRivers)$15,459,938$13,923,955$1,535,983
Penn National* (Hollywood & DraftKings)$10,752,504$8,321,3482,431,156
Valley Forge (FanDuel)$8,405,186$4,402,474$4,002,712
Parx Casino$7,428,752$6,303,743$1,125,009
Mt. Airy (PokerStars & Fox Bet)$5,269,087$3,175,326$2,093,762
Mohegan Sun Pocono (Unibet)$2,856,028$2,165,866$690,163
Harrah's Philly (Caesars)$831,865$805,815$26,050
Presque Isle Downs (BetAmerica)$327,875$321,815$6,061
Wind Creek Bethlehem
(launched July 24)
$34,414$25,409$9,005
Totals:$54.4 million$39.4 million$11.9 million

Top iGaming sites in PA

Rivers Philly, which runs sister sites SugarHouse and BetRivers, had the top online revenue in July with $15.5 million. The majority came from slots.

Penn National, with Hollywood and DraftKings casinos, posted revenue of $10.8 million.

And Valley Forge‘s FanDuel accounted for $8.4 million.

Sports betting revenue

The statewide sports wagering revenue was over $8.1 million, with nearly $6.9 million from online sports betting and nearly $1.3 million from the still-recovering retail sportsbooks. That was up 22% over June revenue, with total sports handle up a whopping 85% month over month. In July, total handle was $164.8 million, compared to June’s $89.0 million.

The top two PA sports betting operators remain FanDuel (Valley Forge) and DraftKings (The Meadows). FanDuel took $69.7 million in bets in July, compared to DraftKings’ $39.6 million.

However, DraftKings was tops in total revenue at $1.9 million, with $1.8 million coming from online. FanDuel came in second with total revenue of nearly $1.4 million. It lost nearly $56,000 settling retails accounts, but made up for it with more than $1.4 million in online revenue.