PA Online Casinos Boost Overall Gaming Revenue with Record $60 Million October

In Pennsylvania, online casinos continued a rocketing revenue run with a record in October of nearly $59.8 million.

That’s a healthy increase from the former record of $57 million set just a month before, according to the Pennsylvania Gaming Control Board (PGCB) figures.

Total gaming – retail casino slots and table games, online casinos, retail and online sportsbooks, poker, VGTs, and fantasy contests – generated combined revenue of more than $320.2 million. That’s up 12.87% compared to revenue generated in October 2019.

The total tax revenue generated through all forms of gaming was more than $130.1 million during October 2020. Of that, $24.9 million came from iGaming.

Online table game revenue really jumped

In October, interactive slots took in nearly $40.4 million, online table games nearly $17 million, and poker more than $2.4 million.

In September, online slots had accounted for more than $39.9 million in revenue, with an additional $14.7 million from online table games.

Also in October, total wagers on table games topped $1 billion – a first.

Online poker steady, VGT revenue up

With just one online poker operator, PokerStars PA via Mount Airy Resort, generated more than $2.4 million in October. That continues a trend down from $2.7 million in revenue in August.

Truckstop video gaming terminals generated nearly as much revenue as online poker – more than $2.4 million. There are now four operators with machines at 37 locations, each with five machines.

Sports wagering handle hits new highs

In October, sports betting was up significantly over the previous year, with the total handle this October at more than $525.8 million. That’s more than double the handle a year ago when it was nearly $241.2 million.

Additionally, the taxable sports wagering revenue figure for October 2020 of $36.8 million set a record eclipsing the previous monthly revenue high of more than $22.8 million in January of this year.

Nov. 17 marks two years since the very first legal sportsbook opened in Pennsylvania.

Casino-based games down

Casino-based slots and table games, with COVID-19 capacity restrictions, were down 17.22% and 13.43%, respectively, but online gaming channels have made up the difference and then some.

A year ago, there were 23,786 slots on the casino floors, but just 16,611 in operation this October.

October online casino breakdown by PA operator

A complete breakdown of October revenue, including slots and table games by operator (online gaming license holder), can be found here:

Casino Operator Total Revenue Slots Revenue Table Games Revenue
Rivers Philly (SugarHouse & BetRivers) $16.6 million $14.1 million $2.5 million
Penn National (DraftKings Casino) $11.0 million $5.1 million $6.0 million
Valley Forge (FanDuel) $10.0 million $5.0 million $5.0 million
Parx Casino $5.9 million $5.1 million $793,000
Mt. Airy (PokerStars & Fox Bet) $4.5 million $2.9 million $1.6 million
Penn National (Hollywood Casino) $4.5 million $4.2 million $269,000
Mohegan Sun Pocono (Unibet) $2.6 million $2.1 million $492,000
Harrah’s Philly (Caesars) $774,000 $628,000 $146,000
Wind Creek Casino $596,000 $534,000 $62,000
Presque Isle Downs (BetAmerica) $485,000 $375,000 $110,000
Live! Casino Philadelphia $278,000 $248,000 $30,000
Totals: $57.3 million $40.3 million $17.0 million

Casino operators by the numbers

Five operators had total online casino revenue above $5 million.

  • Rivers Philly, which combines SugarHouse and BetRivers, topped $16.6 million, with more and $14 million revenue from slots.
  • Penn National/DraftKings topped $11 million in online revenue, with more than half from table games.
  • Valley Forge/FanDuel hit more than $1o million in online revenue, with table games accounting for more than half.
  • Mount Airy, which includes PokerStars and FoxBet, brought in more than $9.4 million when online table, online slots, and online poker are combined.
  • And Parx had nearly $6 million in iGaming revenue.

Live! Casino Philadelphia, which is still new, trailed everyone with just $278,463 in total online revenue in its third full month in operation.

Lead image via Dreamstime.

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