PA Gaming Revenue Holds Steady in May

In May, Pennsylvania had a slight gain in gaming revenue over the previous month. The May gaming revenue was $479.38 million, an increase of 0.6% from April ($476.7 million).

For slots, the May retail slots handle was $2.701 billion, down 1.4% from April ($2.739 billion). The May retail slots gross terminal revenue was about $210.86 million, down 1% from April ($213 million).

Regarding interactive slots, meaning PA online slots, the May handle was $2.842 billion, up 2.8% from April ($2.765 billion). The May interactive slots gross revenue was $100.6 million, up 5.2% from a month ago ($95.6 million).

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Table Games Down a Little

Turning to table games, the May table games gross revenue was $81.65 million,  down 3.2% from April ($84.37 million).

The May interactive banking tables handle on PA casino apps  was $2.189 billion, down 3.1% from April ($2.260 billion). The May interactive banking tables gross revenue was $37.88 million, down 2.6% from April ($38.87 million).

For May 2023, the total tax revenue generated collectively through all forms of gaming and fantasy contests in the commonwealth was more than $197.9 million.

Pennsylvania online casinos, of course, are legal, one of just a few states in the U.S., with slow going for additional states.

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Sports Betting Handle Down, Revenue Up

In Pennsylvania sports betting, there was dip in handle but an increase in revenue. The May total sports betting handle was about $495.59 million, a drop of 13.4% from April ($572.15 million),  but a slight increase of 0.5% from May 2022 ($493.35 million).

The revenue picture was brighter. The May gross sports betting revenue (taxable) was $41.1 million, a 10.9% jump from April ($37 million). It was also up 17.4% from the same month last year ($35 million).

As usual, mobile sports wagering made up the bulk of the total sports betting handle.  The internet sports wagering handle was about $460.2 million, or about 93% of the total.

State tax revenue generated from sports wagering during May was $13,975,561.

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