Online Casinos, Poker Sixth Month In A Row With Over $100M Revenue
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In August, gross gaming revenue for iGaming was more than $103.2 million. It was the sixth straight month above $100 million, down 1. 2% from July. Taxable igaming revenue was up 58.6% on last August.
Online Casinos in Pennsylvania have earned over $100M in the last six months. Live! Philadelphia, Live. Pittsburgh and Hollywood Casino York are fully back, and there are now 17 PA online casinos and four online poker sites. Online gambling has shifted more to slots this year. Four land-based casinos asked the PGCB to remove more than 1,200 slot machines from casino floors.
Total revenue in PA during August 2021 was just above $408 million. That's up 31% from last August when it was $310 million, because there are three additional brick-and-mortar casinos this year. Hollywood York will be open for 20 days during 2021.
Online casinos and online poker generated $3.3 million in gross gaming revenue per day in August. Online slots accounted for $80.8 million of the total revenue online, while online table games tallied another $19.2 million. Two companies, Penn National and Rivers Philly, together accounted 64% of iGaming market revenue.
August was the sixth month in a row with over $100M in online poker revenue. Mount Airy’s Poker Stars took in more than $1.9M, Harrah”s (WSOP.com) collected $819,249, Hollywood (BetMGM) took $345,983 and Rivers Philadelphia (Borgata) kicked in $117,440.
Online Casinos, Poker Sixth Month In A Row With Over $100M Revenue. PA online casino operator revenue in August 2021.
The taxable revenue from August 2021 for sports betting was $18 million, compared to $ 18.2 million in August of last year. GGR was $25.3 million. The total sports wagering handle was 14% higher than July. FanDuel Sportsbook accounted for $137. 3 million and The Meadows $81.4 million; together they owned 62.7% of the market. Online sports betters made $22 million compared with $3.5 million from retail.
VGTs had total August revenue of more than $3.6 million from 290 machines at 58 locations. Fantasy sports had revenue $1.1 million, down 24.5% from a year ago.
