Pennsylvania's September iGaming revenue increases 41.5% to $159.5m; a third of monthly total

October 19, 2023
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While iGaming has increased in popularity, Pennsylvania saw decreases in sports wagering, table game, fantasy contest and VGT revenue for September.

The Pennsylvania Gaming Control Board has released its revenue report for September, which shows an overall year-on-year revenue increase of 6.2% to $476.3m, and a record 41.5% year-on-year increase in total iGaming revenue to $159.5m.

The popularity of iGaming in the Keystone State means that, for this month, it represented a third of Pennsylvania’s total gambling revenue.

In August, September’s iGaming revenue also increased a substantial 35%.

Within the sectors of iGaming, slots generated the most revenue in September with a 47.3% year-on-year increase to $77.9m, while online table games increased 31.7% to $42.4m and online poker slightly dipped from $2.7m to $2.4m year-on-year.

Of the 12 casinos that offer iGaming, the operators that generated the most revenue were Hollywood Casino at Penn National Race Course with $64.9m, Valley Forge Casino Resort with $35.4m and Rivers Casino Philadelphia with $29.2m.

The only other positive change within the state’s gaming revenue types was with land-based slot games, which only increased marginally from $198.5m to $199.9m year-on-year. Table games, sports wagering, video gaming terminal (VGT) and fantasy contest revenue all decreased year-on-year by at least 6.5% each.

Of the state’s 19 casinos, the top three revenue generators were Hollywood Casino at Penn National Race Course with $77m total, Valley Forge Casino Resort with $66.1m and Parx Casino with $55.8m. The casinos that generated the most slot revenue were Parx Casino with $31.5m, Wind Creek Bethlehem with $23.7m and Rivers Casino Pittsburgh with $21.2m.

Retail table game revenue was down 7.8% overall, with even the top table game revenue-generating casino, Wind Creek Bethlehem with $19.8m, down 6.8% year-on-year. Parx Casino brought in $16m (a decrease of 3.2%) and Live! Casino Philadelphia brought in just under $8m. Only three out of the 17 casinos with table games saw an increase in their table game revenue.

Sports betting revenue in particular suffered a 27.1% decrease year-on-year to $36.6m. The total handle for the month, however, increased by 12.6% to $726.3m. Parx Casino (BetParx) generated the most retail sportsbook revenue with $1.1m, while Valley Forge Casino Resort (FanDuel) generated the most online sports betting revenue with $18.9m.

Fantasy contests also decreased 6.6% year-on-year to $1.8m, while VGT revenue decreased 7.2% to $3.2m. VGTs, however, still remain controversial in the state with several Senate discussions, legal briefs and policy committee hearings occurring over the last three months surrounding the regulation of these devices.

State-by-State

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