Pennsylvania reports a 9% revenue increase for July 2023

August 17, 2023
By
Leer en Español

The casino with the highest slot revenue in July was the Parx Casino with $33.3m.

The Pennsylvania Gaming Control Board has reported its financial information for July 2023. The state's total combined revenue increased 9% in July to $467m year-on-year.

The keystone state’s combined revenue consists of all gaming revenue regulated by the PGCB which includes: slot machines, fantasy contests, table games, iGaming, sports wagering and video gaming terminals (VGTs).

Of the combined revenue, the most was brought in from retail slots, which reported a sum of $214.7m. That was followed by iGaming revenue that totalled $132.9m, up 35% from July 2022; however, retail tables saw a decrease of 4%.

VGTs brought in $3.4m, down 7%; sports wagering revenue made $35.4m, up 48%; meanwhile, fantasy contests are responsible for making the least amount of revenue across the verticals, garnering $655,885, a decrease of 24% from July 2022.

Of that iGaming revenue, $94.9m came from slots, an increase of 35% from last year. Table games from iGaming made $32.1m, up 26% and iPoker made $2.6m, down 5%.

The graph shows that retail slots garnered the most revenue in July 2023.

Out of all of the casinos, the Hollywood Casino at Penn National Racecourse brought in the most at $70.1m, up 26% from the previous year; it also saw the largest percentage increase year-on-year, when compared to the other casinos.

Meanwhile, the casino with the highest slot revenue in July was Parx Casino, with $33.3m, down 1% year-on-year. And the casino with the lowest slot revenue in July was Lady Luck Casino Nemacolin, with $1.9m, down 5%.

Wind Creek Bethlehem had the highest table games revenue in July 2023, with $23.7m, with no difference year-on-year. Parx Shippensburg had the lowest table games revenue in July, with $52,160. 

Across the report, it is clear that iGaming is excelling in Pennsylvania, Hollywood Casino at Penn National Race Course saw a 41% increase in iGaming up to $54.4m when compared to last year’s figures. Harrah’s Philadelphia saw the highest percentage increase in iGaming revenue of 80% to $5.7m.

Moving over to sports betting, the casino with the highest sports wagering revenue was Valley Forge Casino Resort, with $13.7m, an increase of 12% annually. On the other hand, the casino with the lowest amount of sports wagering revenue in July was Presque Isle Downs and Casino, with $844, a significant drop from last year's figures of $229,536.

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.