Some Bright Spots, but Mostly a Down Month for PA Casinos, iGaming

Some Bright Spots, but Mostly a Down Month for PA Casinos, iGaming
Fact Checked by Pat McLoone

The penultimate month of the year produced mostly dreary results for Pennsylvania casinos, retail and online, with month-over-month declines in most categories.

The Keystone State’s total gaming revenue dropped 8% from October, going from $483,006,194 during the 10th month of the year to $444,473,505 in November. The Pennsylvania total for November also represented a 1.7% drop year-over-year, from the $452,357,922 figure reported in 2022.

As far as Pennsylvania iGaming was concerned, the state took in $3.024 billion in interactive slots handle, which was up 0.4% month-over-month (from $3.012 billion in October), but the state’s interactive banking tables handle ($2.536 billion) was down 5.2% (from $2.676 billion in October).

Pennsylvania operators also took in $109,307,636 in interactive slots gross revenue, which was down 0.5% from October’s total of $109,835,907.

The interactive banking tables gross revenue ($46,429,205), however, was up 8.9% from a month ago ($42,637,039). That total also represented a new state record for Pennsylvania iGaming operators, a true silver lining.

The PGCB did have huge news on the Pennsylvania sports betting front as the handle for November of of $934,130,152 shattered the previous record, set last month, by 12.7%.

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Pennsylvania Retail Casinos See Similar Declines

For Pennsylvania casinos, the story was much the same as their iGaming brethren in November, with a 4.4% month-over-month decline from October in retail table games gross revenue. Retail slots handle was $2.489 billion, which was down 2% from October’s total of $2.540 billion.

Finally, Pennsylvania retail casinos took in $189,728,426 in retail slots gross terminal revenue, which represented a 1.4% month-over-month drop from October’s total of $192,519,568.  

All in all, Pennsylvania retail and iGaming numbers from November weren’t quite as rosy as the record-breaking figures that the state’s sports betting operators took in, but combined represented a step forward for the Keystone State’s gaming scene at large.

Count on PennStakes.com to stay on top of revenue reports on iGaming and sports betting as well as provide the best PA casino bonuses.

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Author

Christopher Boan has been covering sports and sports betting for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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