Pennsylvania gambling revenue up in July despite land-based declines
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Total revenue for the month amounted to $429.1m (£355.8m/€421.7m), marginally up from $423.7m in July of 2021 and also 10.1% higher than $389.8m in June this year.
Retail slots remained, by some distance, the primary source of revenue for operators in the state, with revenue from this sector at $213.9m, down 4.0% year-on-year. The Pennsylvania Gaming Control Board (PGCB) also noted a 0.3% drop in land-based table games revenue to $86.7m.
However, these declines were offset by year-on-year growth elsewhere, including within the igaming sector where revenue was 11.2% higher at $98.6m. This was made up of $71.9m in online slots revenue, $23.9m in internet table game revenue and $2.8m in online poker revenue.
Hollywood Casino at Penn National – a DraftKings partner – led the way here with $38.6m in revenue, ahead of the Rivers Casino Philadelphia – partnered with Rush Street Interactive – on $24.7m, then the Valley Forge Casino Resort, a FanDuel partner, with $17.5m.
Elsewhere and revenue in the sports betting sector also increased 28.1% to $25.4m, helped by a 10.5% rise in the state’s handle to $336.5m. Online sports wagering accounted for $22.6m of revenue here, while retail betting generated $2.8m in revenue.
Valley Forge, along with partner FanDuel, retained its grip on top spot in the sports betting market with $12.2m in revenue, ahead of Hollywood Casino at the Meadows’ Barstool Sportsbook on $4.6m and Hollywood Casino at Penn National and DraftKings with $1.6m.
The PGCB also noted that video gaming terminal revenue for the financial year fell 3.7% to $3.6m, while fantasy sports contests revenue slipped 45.3% to $27.3m.
