Pennsylvania gambling revenue reaches $447.8m in May

| By Robert Fletcher
Gambling revenue in the state of Pennsylvania amounted to $447.8m (£363.8m/€425.4m) in May, an 8.4% increase on the same month last year.

Total market revenue was up from $413.2m in May of 2021, but down 3.2% from a record $462.7m in April this year.

Land-based gaming remained the most popular form of gambling among consumers in the state, with retail slots revenue increasing 2.1% year-on-year to $205.7m and retail table games revenue 14.7% to $88.6m.

Sports betting revenue was up 26.2% to $35.0m, though retail revenue here was just $2.8m, with $32.3m being attributed to online wagering. The state’s handle also increased by 10.3% to $493.4m.

Valley Forge, along with partner FanDuel, retained top spot in the sports wagering market with $19.8m in revenue from $193.4m in bets. 

Hollywood Casino at the Meadows’ Barstool Sportsbook placed second with $7.1m in revenue off a $111.5m handle, then Hollywood Casino at Penn National and DraftKings with $1.9m from $34.4m in wagers.

Turning to online casino activity and revenue from internet slot games was 16.3% higher at $78.2m, while online table games revenue also edged up 2.8% to $32.3m and online poker revenue climbed 8,0% to $2.8m.

Hollywood Casino at Penn National led the way in igaming with $45.5m in revenue, ahead of Rivers Casino Philadelphia on $26.9m, then Valley Forge Casino Resort with $21.2m.

Elsewhere, video gaming terminal revenue was 1.8% higher at $3.7m, though fantasy sports revenue declined 20.71 to $1.6m, meaning it was the only area of the Pennsylvania market not to experience growth in May.

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