Pennsylvania Sets New Record for Gambling Revenue with $462.7M in March

Pennsylvania Sets New Record for Gambling Revenue with $462.7M in March

Pennsylvania’s array of gambling outlets produced a record-setting month in March as all types of gambling, including brick-and-mortar casinos, online casino gambling, sports wagering, peer-to-peer poker and fantasy sports, produced more than $462.7 million in revenue. That was almost 14.8% better than February’s $403.1 million.

The previous record month for Pennsylvania gambling revenue was November 2021 at nearly $432.5 million.

The Pennsylvania Gaming Control Board noted that influential financial drivers in March were retail table games that delivered more than $90 million in revenue for the first time, and internet casinos, which topped $110 million for the first time.

Taking a closer look at the Pennsylvania gambling figures, the retail table games in March had gross gaming revenue (GGR) of nearly $94.3 million, an increase of 26.8% from February (about $74.4 million). The new record topped the old mark set in October 2021 by more than $5 million (old mark was about $89.1 million).

Internet table games added another $35.7 million in revenue, and that was up 23.6% from the previous month.

On the internet side of gaming, along with the $35.7 million in online table game GGR, online slots added about $79.2 million in revenue. Together, online tables and slots, combined for about $114.9 million in GGR, which means that nearly 25% of the state’s total gaming revenue came from play on computers and mobile devices.

Pennsylvania is one of only a handful of U.S. states that has legal Pennsylvania online casinos.

Pennsylvania Sports Betting, March vs. February

Total HandleMobile Handle Gross Revenue
March$714.977M $666.982M $30.401M
Change Up 19.7% Up 19.5% ------

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Sports Betting Up Over February

Total sports betting in PA handle was nearly $715 million, up 19.7% from February ($597 million) and up 27.6% from March 2021 (about $560.26 million). Of the total sports handle, about $667 million came from online sports betting.

For sports wagering, the taxable GGR was $30.4 million. That was a healthy bounce back from February when the taxable GGR was minus-$442,847.

Valley Forge Casino Resort, partnered with FanDuel sportsbook in PA, was the runaway leader in sports wagering in March with $269 million in handle (more than 37% of the state total) and $15.38 million in GGR (more than 50% of the state total). Pennsylvania had 18 operators offering sports betting in March, whether retail or online or both.

Among gambling preferences, the revenue king in Pennsylvania remained the retail slot machines, which accounted for $214.7 million in revenue — or about 46% of the state total. Parx Casino slots alone were responsible for about $36 million of that retail slots revenue.

Among individual operators for overall total gaming revenue, Hollywood Casino at Penn National topped the monthly revenue chart with $63.71 million, followed by Parx Casino with $60.46 million, and Rivers Casino Philadelphia in third at $54.51 million.

Hollywood Casino at Penn National continues to get a big lift from its iGaming, which brought in about $45 million in revenue for the month. The internet component of Hollywood Casino at Penn National accounted for about 70% of its total revenue.

The commonwealth’s four internet poker operators accounted for $3.24 million in revenue led by Mount Airy Casino (PokerStars) with about $1.9 million.

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A longtime reporter and editor who began writing on casinos and gaming shortly after Atlantic City’s first gambling halls opened, Bill covered the world Series of Poker and wrote a syndicated column on travel to casino destinations for a decade.

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