Consistent Online Casino Play Has PA On Pace For $1.3B IGaming Year
Pennsylvania's 18 iCasinos collected $113.3 million in May. It's the seventh month in a row that the state's online casino play has exceeded $100 million. In the first five months of 2022, the i Casinos have collected about $555.2 million from gamblers. The retail casinos generate a lot more revenue, but that total year-to-year is basically flat.
Pennsylvania is on pace to clear $5 billion in gaming revenue in 2022. Online casinos were responsible for $1.11 billion of that in 2021. The state's share of revenue from online gambling should exceed $540 million in the same year. Pennsylvania is one of the few states to legalize online casino games.
Hollywood Casino, Rivers Casino Philadelphia, and Valley Forge Casino Resort are the top monthly revenue generators as licensees. In May, the sites using Penn National Gaming’s Hollywood Casino license generated $45.5 million in revenue, those using Rush Street Gaming's Rivers casino generated $26.9 million, while those with Boyd Gaming made $21.2 million. Most of the money gets made from slots play. In the state”s public reporting method for online casinos, promotional credits given to players for sign-up bonuses and other play incentives added up to $136.8 million last month.