Pennsylvania posts $500.8m in July gaming revenue

The Pennsylvania Gaming Control Board (PGCB) has released revenue figures for gaming in the state in the month of July. 

In total revenue from all forms of gaming, including iGaming, retail, fantasy contests, etc, reached $500.8m, representing an increase of 7.22% year-over-year. 

While Hollywood Casino at Penn National Race Course brought in the largest proportion of total revenue at $79.5m, its growth of 13.44% wasn’t the largest, with Bally’s Pennsylvania seeing its revenue rise 141.31% to $3.48m. 

The venue that saw the biggest decline in July was Rivers Casino Pittsburgh which saw its revenue go down by 8.82% to $28.7m, though this came in the same month in which it completed its $6.6m renovation project. 

Looking at the individual game types, retail slots revenue was by far the highest at $204.3m, representing the majority of revenue in the state. This however was still a 4.83% drop off for the game type compared to the same period last year. 

Of the 17 venues that offer retail slots, only five saw an increase in their revenue compared to July last year, with Harrah’s Philadelphia’s revenue dropping 10.48%. 

As for the other game types in the Keystone State, iGaming slot revenue grew the most at 32.24% to $125.4m, which was also the second largest revenue by game type. The only other game types to see growth during July was iGaming tables at 31.74%, sports wagering at 20.18%, fantasy contests at 9.01% and video gaming terminals at 4.33%. 

In other results-based news, Mississippi has released its sports betting figures for July, showing a decline in sports betting handle for the month.

Land-based casino’s year-on-year fall, alongside the growth of iGaming and sports betting, was a trend also mirrored in neighboring New Jersey for July.

Ciaran McLoughlin

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