The Pennsylvania Gaming Control Board (PGCB) reported that the combined total revenue generated from all forms of gaming during December 2023 was $534.22 million. Combined revenue comes from the state’s 17 brick-and-mortar and 12 online casinos, retail and online sports betting, video gaming terminals, and fantasy sports.
The December revenue number represents a year-over-year increase of 12.47% and a 20.20% monthly rise. More importantly, it is a 2023 monthly high, surpassing the previous record of $515.28 million in revenue set in March.
Last month, all-time monthly revenue highs were also achieved for:
- Online casinos (iGaming): $165.11 million, exceeding September 2023’s record of $159.49 million
- Sports betting: $72.51 million, surpassing $63.67 million from November 2021
As announced last year, Fanatics Casino plans to launch an online casino for Pennsylvania players next week.
Pennsylvania online casino revenue increases yearly and monthly
iGaming, which includes online slots and table games, was primarily responsible for the state’s record revenue.
December gross revenue totaling $165,110,845 is a 4.49% monthly progress from Pennsylvania’s November 2023 gaming revenue of $158,015,003. It is also an increase of 22.69% compared to December 2022’s $134,578,285.
Operator | December 2023 iGaming Revenue | Monthly Change | Annual change |
---|---|---|---|
Hollywood Casino at Penn National Race Course | $60,951,296 | -0.26% | 1.44% |
Valley Forge Casino Resort | $41,275,080 | 0.39% | 53.68% |
Rivers Casino Philadelphia | $31,319,964 | 13.13% | 9.75% |
Harrah’s Philadelphia | $9,872,288 | 24.24% | 145.20% |
Parx Casino | $4,661,181 | 3.18% | 25.59% |
Mount Airy Casino Resort | $3,696,187 | 1.68% | -16.03% |
Golden Nugget | $3,635,184 | 15.76% | n/a |
Live! Casino Philadelphia | $3,111,557 | 7.08% | 0.33% |
Bally's Pennsylvania | $2,767,617 | 39.28% | n/a |
Wind Creek Bethlehem | $2,132,455 | 6.87% | 45.25% |
Mohegan Pennsylvania | $1,688,036 | 8.92% | -21.36% |
Presque Isle Downs and Casino | n/a | n/a | n/a |
Statewide Total | $165,110,845 | 4.49% | 22.69% |
December wasn’t the best month for Pennsylvania sports betting
With a total amount bet of $925.57 million in December, PA sportsbooks experienced a slight monthly decline (0.92%) but showed a 22.62% annual increase.
The PGCB’s December report reveals that sports betting revenue of $72.51 million, set a new record, exceeding $63.67 million from November 2021.
Fanatics Casino is expected to launch next week
After acquiring PointsBet in May 2023 and months of anticipating, Fanatics is now ready for Pennsylvania players.
Fanatics had previously announced the launch of its sportsbook and casino app in Pennsylvania in “early 2024.” That is now closer to reality as PointsBet players received an email on Jan. 16 saying:
“PointsBet is becoming Fanatics Sportsbook and Casino, and your account is moving with you next week.”
The company also explained in the email that Rewards Points and Bonus Bets will all automatically transfer to players’ new accounts, while any Free Spins left will not be moved.
Once the app is fully live, it will be the 21st online casino app in Keystone State.