{"id":777006138,"date":"2023-02-21T08:29:42","date_gmt":"2023-02-21T11:29:42","guid":{"rendered":"https:\/\/focusgn.com\/?p=777006138"},"modified":"2023-02-21T08:29:46","modified_gmt":"2023-02-21T11:29:46","slug":"pennsylvania-gaming-revenue-climbs-to-464-4m-in-january","status":"publish","type":"post","link":"https:\/\/focusgn.com\/pennsylvania-gaming-revenue-climbs-to-464-4m-in-january","title":{"rendered":"Pennsylvania gaming revenue climbs to $464.4m in January"},"content":{"rendered":"\n

The Pennsylvania Gaming Control Board\u2019s figures show that revenue increased 18 per cent year-on-year.<\/p>\n\n\n\n\n\n\n\n

US.- Pennsylvania\u2019s combined revenue from regulated gaming and fantasy contests reached $464.4m<\/strong> in January. That\u2019s an 18 per cent increase compared to January 2022.<\/p>\n\n\n\n

Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board<\/strong> include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). Retail slots <\/strong>revenue increased 20 per cent year-on-year to $202.2m. Retail table games<\/strong> revenue grew 7.2 per cent to $83.9m.<\/p>\n\n\n\n

Hollywood Casino at Penn National led Pennsylvania\u2019s land-based casino revenue with $71.8m, an increase of 25.4 per cent from January 2022. Valley Forge Casino Resort generated $647.3m, a year-over-year increase of 33 per cent. Parx Casino in Philadelphia reported $55.4m, up 7 per cent. Hollywood Casino Morgantown saw the greatest year-on-year increase with revenue up 80 per cent at with $7.9m.<\/p>\n\n\n\n

See also:<\/strong> Parx Casino Shippensburg fully opens in Pennsylvania<\/a><\/p>\n\n\n\n

Revenue from online gaming<\/strong> was up 22.9 per cent to $133.1m. Hollywood Casino at Penn National led the way with $55m, ahead of Valley Forge Casino Resort at $29.6m and Rivers Casino Philadelphia at $28.5m. Tax revenue generated from internet gaming play was $55.5m<\/p>\n\n\n\n

The sports betting <\/strong>handle was $772.2m, down 2.7 per cent from January 2022\u2019s $793.7m. Valley Forge, and partner FanDuel retained the top spot with $26.9m in revenue from $313m in bets. Hollywood Casino at the Meadows\u2019 Barstool Sportsbook took $4m from a $202.5m handle. The handle at Hollywood Casino Morgantown was $53.6m, while Hollywood Casino at Penn National and DraftKings reported $41.8m.<\/p>\n\n\n\n

Taxable revenue figure for January 2023 was $39.2m or 22 per cent above January 2022 when taxable revenue was $32.1m.<\/p>\n\n\n\n

See also:<\/strong> Pennsylvania sportsbooks take $84m in Super Bowl bets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Pennsylvania Gaming Control Board\u2019s figures show that revenue increased 18 per cent year-on-year.<\/p>\n","protected":false},"author":226,"featured_media":83023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"footnotes":""},"categories":[14,6],"tags":[102],"_links":{"self":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777006138"}],"collection":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/comments?post=777006138"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777006138\/revisions"}],"predecessor-version":[{"id":777006143,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/777006138\/revisions\/777006143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media\/83023"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media?parent=777006138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/categories?post=777006138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/tags?post=777006138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}