Pennsylvania October revenue reaches $483m, iGaming revenue up 24.3%

November 20, 2023
By

Land-based slots made $192.5m, but online slots were not far behind with $109.8m.

The Pennsylvania Gaming Control Board has released the state’s gaming revenue report for October, showing a 7.3% revenue increase across all sources of gambling year-on-year to just over $483m.

This is the highest revenue total achieved in six months, though since May this year, every month has had at least a $27m increase in revenue from the same month in 2022.

The casinos that generated the most revenue for the state of Pennsylvania were: Hollywood Casino at Penn National Race Course with $77.2m (up 12.3% annually); Valley Forge Casino Resort with $64.4m (up 14%) and Parx Casino with $53.7m (down 2.4%). Land-based slots were also the highest revenue-generating game type with $192.5m, however this shows a 3.3% annual decrease.

Online slots were the second-most popular game type, increasing 27.2% from October of 2022 to bring in $109.8m this October. Land-based table games increased 2% to reach $81.5m, but online table games increased by 19.4%, bringing in $42.6m.

The increase in iGaming’s popularity represents nearly a third of the total gaming revenue, an outcome that was also seen in the state’s September results. With online poker, the total iGaming revenue came to $154.8m, up 24.3% from October 2022.

Sports wagering revenue reached $48.2m, up 18.9% from October 2022, while fantasy contest revenue decreased by 4.3% to $2.7m. Online sports betting revenue accounted for $43.1m of the $48.2m total.

The total handle in the state came to just over $829m, with Valley Forge Casino Resort (FanDuel) generating the highest handle. The highest retail sports wagering revenue came from Parx Casino Bensalem (BetParx) with just over $1m. The highest online sports betting revenue and total sports betting revenue came from Hollywood Casino at the Meadows (Barstool) with $18.7m.

Video Gaming terminals (VGTs) located outside of casinos generated $3.4m, down 4% year-on-year, but it’s unclear how many VGTs are accounted for or regulated in the state, which has sparked legal action.

State-by-State

Company Spotlight

Bragg Gaming

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
Virtual Showroom

Supplier

Supplier

Supplier

Supplier

Industry Awards

Land-Based

Supplier

Supplier

Supplier

Supplier

GA Newsletter

Exclusive news, analysis, insights, and interviews delivered straight to your inbox

Kiko Augusto - From fantasy sports to sports betting in Brazil

Rei do Pitaco CEO Kiko Augusto joins the (on-this-occasion-injured) Gaming America Editor, Tim Poole, for a Huddle to talk all things Brazil!

Rickard Vikström: How 2025 is shaping up for US iGaming

Internet Vikings CEO & Founder Rickard Vikström joins Gaming America to discuss the US online landscape in 2025.


Another year approaches its end, as 2024 slowly becomes our past, 2025 the present and a wave of opportunity defines gaming's future. There is an air of change as the regulated gaming world looks to welcome a new entra...

8-10-From-the-top
From the top: Reflecting on the past and looking to the future of land-based casinos
Gaming America reviews the closures of the Mirage Hotel and Casino, as well as the Tropicana, but also keeps an eye on the future with Durango Casino and Resort GM David Horn.
36-41-Oliver-Lovat
Cover Feature: Exploring what might be next for land-based casinos
Nothing is new. Everything is new. Oliver Lovat, regular Gaming America columnist and resident Las Vegas expert, discusses what the next generation of casinos need to succeed, while also reflecting on Vegas' generational shift away from the Tropicana and Mirage.
42-43-Lefosse---Brazilian-Sports-Betting
Steadying the ship in LatAm's largest market
After regulatory limbo, sports betting in Brazil is moving towards legal certainty – by Eduardo Carvalhaes, partner in Public Law and Regulation at Lefosse, and Karen Coutinho, counsel in Public Law and Regulation at Lefosse.
44-45-Lazarus-Legal
Brazilian opportunity: The future of LatAm
Edwin Monzon, Managing Partner of Lazarus Legal, speaks to Gaming America about Brazil's upcoming iGaming and online sports betting regulation, assessing both the prospects and challenges involved.

Sweepstakes were the talk of G2E 2024 and are generating plenty of headlines as we enter 2025. It is a fascinating vertical – and indeed whether it should even be seen as a legal vertical at all is in question. The Am...

8-10-From-the-Top
Countdown to launch: Just in time
In this edition of From The Top, Caesars New Orleans SVP and GM Samir Mowad speaks with Kirk Geller to detail what the future holds after the property finally completed its $435m transformation.
14-15-GGA-Americas
The industry's best getting their deserved recognition
The 11th annual Global Gaming Awards Americas once again honored and rewarded the gaming industry's strongest performers throughout the prior 12 months during G2E in Las Vegas.
16-18-G2E-Review
G2E 2024: Discussing the future of US iGaming
A deep dive into the lively debate: Gaming America's Laura Mack examines the objections to US iGaming expansion and the mythbusters offered as a rebuttal at G2E. Surely, it is inevitable in the long run?
20-21-year-review
G2E 2024: A year in review
Gaming America sits down with Pro League Network's (PLN) Mike Salvaris at The Venetian during G2E, to sum up the year and give us the inside scoop of what sports betting has in store for 2025.