Casinos Off to a Strong Start to Year in Pennsylvania

Casinos Off to a Strong Start to Year in Pennsylvania
Fact Checked by Pat McLoone

After a record-setting end to 2022, the new year started solidly for PA gambling sites, particularly for the state’s casinos.

Official numbers for January were announced by the Pennsylvania Gaming Control Board (PGCB) last Friday.

Keep in mind that Pennsylvania online casinos are legal, which is not the case for most states. In fact, only New Jersey, Delaware, West Virginia, Connecticut and Michigan join Pennsylvania with real money online casinos.

Table games gross revenue for the month generated more than $83.91 million, a rise of 2.8% from December ($81.66 million). However, online slot figures showed a slight decline.

Interactive slots handle posted at more than $2.618 billion, down 2.6% from December ($2.689 billion), and interactive slots gross revenue totaled more than $90.2 million, down 1.5% from last month's ($91.58 million).

Bettors certainly came out to the state’s brick-and-mortar casinos last month as retail slots handle recorded more than $2.622 billion, an increase of 1.0% from December ($2.595 billion). Retail slots gross terminal revenue exceeded $202.24 million, up a nice 2.1% from December ($198.03 million).

Earlier this month the Commonwealth opened its 17th retail casino: Parx Casino Shippensburg, about 145 miles west of Philadelphia. The "mini casino" features 500 slot machines and 48 electronic table games.

Interactive banking tables handle generated more than $2.586 billion, up a solid 4.1% from December ($2.484 billion). January interactive banking tables gross revenue posted at more than $40.02 million, a 0.8% tick down from a record-setting December ($40.36 million).

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Sports Betting Increases

Pennsylvania sports betting for January posted at more than $772.28 million, a 2.3% increase from December ($754.85 million), and 2.7% down from January 2022 ($793.72 million).

The handle from Pennsylvania sports betting apps was more than $719.7 million, up 2.1% from December ($704.78 million) but down 2.4% from January 2022 ($737.44 million).

Mobile wagering was 93.2% of the market, down 0.2% from Dec. 2022. Gross sports betting revenue (taxable) for the month came in at more than $39.25 million, down a solid 28.1% from December ($54.62 million) and up 22% from January 2022 ($32.17 million).

State tax revenue generated from sports wagering during the month was more than $13.35 million.

Remember to check frequently at Penn Stakes.com for information on the state’s casinos as well as PA sportsbook promos.

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Author

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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