Pennsylvania reports $554.6m in March gaming revenue

The Pennsylvania Gaming Control Board (PGCB) has reported a record month of revenue across all its gaming operations for March. 

In total across all forms of gaming, revenue was set at $554.6m, which is a new record for the Keystone State, overtaking the last record set in December 2023, when it was $534.2m. Year-over-year, this also marks a 7.64% increase. 

As was seen in Michigan’s recently released online gaming report, iGaming was a big reason behind the growth in revenue across all of Pennsylvania’s gaming operations. 

Overall, iGaming was the driver of overall growth in the state, with an increase of 28.95% in revenue to $191.1m, generated across all internet casino-type gaming. 

Looking closer, only three of the eight game types saw revenue growth in the month, when compared with the same period last year, namely retail slots, iGaming slots and iGaming tables. 

IGaming tables revenue had the largest growth figure of 31.18%, iGaming slot revenue was next at 29.28% and retail slots revenue went up by 1.10%. Fantasy contests saw the biggest drop since March of last year, going down by 21.07% to $1.1m (although this represents a tiny portion of the market, anyway). 

Retail slots did represent the largest total of revenue at $227.9m, followed by iGaming slot revenue at $135.5m, as the only two of the verticals to hit over the $100m mark. 

In terms of the casinos themselves, Hollywood Casino at Penn National Race Course just edged it with the highest revenue at $88.2m ahead of Valley Forge Casino Resort with $88.0m. 

Total tax revenue generated across all forms of gaming, including fantasy contests, during March was $229.6m. 

In other state news, Play’n Go has gone live in Pennsylvania through its ongoing partnership with Rush Street Interactive’s (RSI) BetRivers. 

Ciaran McLoughlin

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