PA igaming revenue growth continues into May

17 June 2020

Pennsylvania’s online gaming revenue has once again grown strongly month-over-month, while sports betting revenue has significantly increased from April 2020. 

With no land-based casino gaming, however, revenue was significantly down year-on-year, falling 79.0% to $61.0m (£48.6m/€54.3m). Igaming accounted for $55.8m of the total, up 29.7% month-on-month. With the vertical going live in July 2019, there are not yet any prior year figures to compare it with. 

Figures from the Pennsylvania Gaming Control Board (PGCB) reveal that this broke down to $12.4m from table games, up 18.4% from April, with the vast majority - $38.8m - coming from online slots.

Looking at the breakdown by operator, Rivers Casino Philadelphia continued to lead the market with revenue of $17.6m, up 28.3%. This set it further ahead of the competition after its closest challenger, Mount Airy, reported only marginal month-on-month growth, to $10.9m.

Valley Forge, partnered with FanDuel, closed the gap on Mount Airy, with revenue rising 1.2% to $8.0m. Parx Casino, meanwhile, climbed back into fourth, with a 67.1% increase in revenue taking its total to $6.9m, pushing Penn National Gaming’s HollywoodCasino.com back to fifth.

Turning to sports betting, amounts wagered rose 68.4% to $77.5m, from which operators held $4.8m. This marked a significant improvement on April’s figures. 

Read the full story on iGB North America.