Growth within the state’s online gambling market was one of the main reasons for this increase, with igaming revenue rocketing from $4.9m in October 2019, the first full month in which online casino was available to $59.8m. This represents highest ever monthly total for the vertical, surpassing the previous record of $57.0m set in September.
Online slots revenue reached $40.3m, while internet table games revenue totalled $17.0m, and revenue from online poker – which is currently only offered by PokerStars, via Mount Airy Casino Resort – amounted to $2.4m. A total of $24.9m was generated in tax revenue from igaming activities in the month.
Looking at individual operator performances, Rivers Casino Philadelphia again ranked first in terms of revenue, posting $16.6m for the month, up 564.0% from $2.5m last year.
Penn National and partner DraftKings placed second with $15.5m in revenue, an increase of 761.1% on October 2019, then Valley Forge Casino Resort on $10.0m, with no year-on-year comparable as it did not launch igaming until January this year.
Other stand-out performers included the Mount Airy Casino Resorts with $6.9m in revenue, Parx Casino on $5.9m and the Mohegan Sun Pocono with $2.6m.