Pennsylvania gaming revenue reaches $456.8m in February
The Pennsylvania Gaming Control Board’s figures show revenue increased 21.6 per cent year-on-year.
US.- Pennsylvania’s combined revenue from regulated gaming and fantasy contests reached $456.8m in February. That’s a 21.6 per cent increase compared to February 2022.
Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). Retail slots revenue increased 4.1 per cent year-on-year to $202.8m, while retail table games revenue grew 0.1 per cent to $74.5m.
Hollywood Casino at Penn National led Pennsylvania’s land-based casino revenue with $72.5m, an increase of 21.9 per cent from February 2022. Valley Forge Casino Resort generated $61.3m, a year-over-year increase of 96.5 per cent. Parx Casino in Philadelphia reported $54.5m, up 1.7 per cent.
Revenue from online gaming was up 28.5 per cent to $131.6m. Hollywood Casino at Penn National reported $56.5m, Valley Forge Casino Resort $27.4m and Rivers Casino Philadelphia at $26.2m. Tax revenue generated from internet gaming was $56.3m
The sports betting handle was $599.5m, up 0.4 per cent from February 2022’s $597m. Valley Forge, and partner FanDuel generated $23.4m from $235.1m in bets. Hollywood Casino at the Meadows’ Barstool Sportsbook took $10.2m from a $157.3m handle. The handle at Hollywood Casino Morgantown was $43.3m, while Hollywood Casino at Penn National and DraftKings reported $33.3m.
Total tax revenue generated through all forms of gaming and fantasy contests was $188,9m for February.
See also: Pennsylvania regulator renews licence for Mount Airy Casino Resort