iGaming Down Slightly in August in PA Numbers

iGaming Down Slightly in August in PA Numbers
Fact Checked by Pat McLoone

August brought mixed results as official PA online casino and iGaming figures were released Tuesday by the Pennsylvania Gaming Control Board (PGCB).

Total gaming revenue generated more than $457 million, down a mild 2.1% from July's $467 million, yet up a nice 7.5% from August 2022 ($425.39 million). Gamblers continued to head to retail locations across the state in August as retail table games gross revenue basically remained the same from July with more than $82.68 million posted, a 0.9% smidge down from July’s $83.42 million.

PA online slots enjoyed healthy increases with handle coming in over $2.772 billion, up 5.5% from July ($2.628 billion). Online slots gross revenue established a new record of more than $105.27 million, a significant 11% jump from July's $94.85 million. The August mark broke the old mark of more than $104.82 million set in March. iGaming tables also had nice jumps with handle coming in at $2.195 billion, up 5.0% from July ($2.091 billion) and tables gross revenue at over $37.26 million, up 5.4% from July ($35.36 million).

Retail slots were just the opposite, with handle posted at $2.63 billion, down 5.5% from July ($2.782 billion). Retail slots gross terminal revenue was over $203.19 million, down 5.3% from July’s $214.66 million. The number of slot machines in operation was 25,206 compared to 25,592 in August 2022.

Significant Jumps in Sports Betting Handle/Revenue

Total Pennsylvania sports betting handle posted at $393 million, up a huge $16.1 % from July's $338.45 million and up 8.3% from August 2022 ($363.05 million). Mobile sports betting handle for the month generated more than $367.17 million, up 16.2% from July ($316.09 million), and up 10.2% from August 2022 ($333.1 million). Mobile betting handle was 93.4% of the market.

However, gross sports betting revenue (taxable) for the month took a major hit coming in at more than $22 million, down a steep 31.4% from July ($32.09 million) and down 35.1% from August 2022 ($33.95 million). State tax revenue generated from sports wagering during August was over $7.48 million. 

PennStakes.com will keep you updated each month on iGaming and sports betting revenue reports as well as provide top PA casino bonuses.

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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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