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Pennsylvania online slots revenue hits record high in October

| By Robert Fletcher
Gambling revenue in Pennsylvania increased 5.7% year-on-year during October, helped by a record performance by the state’s online slots market.
Pennsylvania March

Total revenue for the month amounted to $450.2m (£378.0m/€434.2m), up from $425.9m in October 2021 and also 0.4% more than $448.5m in September this year.

Retail slots were again the primary source of revenue at $199.0m, though this was 2.1% lower than last year. Retail table games revenue was also down 10.4% to $79.3m.

Online slots overtook retail table games to become the second-highest gambling revenue source in the state, generating a record $86.3m, up 22.1% year-on-year. Online tables revenue was also 21.8% higher at $35.7m, though internet poker revenue slipped 12.7% to $2.5m.

Hollywood Casino at Penn National retained top spot in the state’s igaming market by some margin, posting $52.7m in online gambling revenue. Rivers Casino Philadelphia was second with $29.3m, then Valley Forge Casino Resort on $23.4m.

Turning to sports wagering and revenue was 72.2% higher year-on-year at $40.5m, with $34.4m attributed to online betting and $6.1m retail. The state’s monthly handle was also up 2.7% to $797.1m.

Valley Forge Casino Resort and partner FanDuel remained the market leader with $22.1m in revenue from $292.0m in bets. Hollywood Casino at the Meadows and Barstool followed with $7.8m and a $231.1m handle, then Rivers Casino Pittsburgh and BetRivers on $2.6m revenue from $33.4m in bets.

Meanwhile, revenue from video gaming terminals increased 5.2% to $3.5m for October but fantasy sports contests revenue declined 12.7% to $2.5m.

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