Pennsylvania gambling revenue up 8.9% to $467m in July

Monthly revenue in Pennsylvania was ahead of $429.1m in July 2022 and 6.0% higher than $440.5m in June this year.

Retail slots remained the primary source of revenue by some margin, generating a total of $214.7m during the month. This was 0.4% higher than in the previous month. In contrast, retail table games revenue slipped 3.8% to $83.4m.

Turning to igaming and revenue in this market increased by 34.8% year-on-year to $132.9m. This included $94.9m in online slots revenue, up 31.9%, and $35.4m in internet table games revenue, a rise of 48.0%.

Hollywood Casino at Penn National continued to lead this segment with $54.4m in igaming revenue. Valley Forge Casino Resort placed a distant second on $29.2m, then Rivers Casino Philadelphia with $26.8m.

Pennsylvania July sports betting revenue hits $32.1m

Elsewhere, there was also an increase in sports betting revenue, which climbed by 26.1% to $32.1m. Of this total, $29.1m came from online wagering, while the remaining $3.0m was generated at retail sportsbooks.

In terms of handle, this also increased 0.6% year-on-year to $338.5m.

Valley Forge and partner FanDuel were again the market leaders with $13.7m in revenue off a $127.6m handle. Hollywood Casino at the Meadows and Barstool followed with $8.5m and an $88.9m handle, then sister property Hollywood Casino Morgantown, also partnered with Barstool, with $1.9m from $24.6m.

Meanwhile, the video gaming terminal market continued to struggle, with revenue falling by 7.2% to $4.4m in July. Marquee by Penn led the way with $2.0m in revenue for the month, ahead of Jango on $380,910.

In addition, revenue from fantasy sports competitions declined by 23.6% year-on-year to $655,886. Of this total, $551,233 was generated by DraftKings and $96,917 FanDuel.