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
Also in October, total wagers on table games topped $1 billion – a first.
Online poker steady, VGT revenue up
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
October online casino breakdown by PA operator
|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
- 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.
Lead image via Dreamstime.