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According to the Pennsylvania Gaming Control Board (PGCB), monthly gaming revenue in the Keystone State exceeded half a billion dollars for the first time.
Online gambling in Pennsylvania set a new record generating a massive $181.5 million in revenue throughout March.
During the month, the total tax revenue collected through all forms of gaming and fantasy contests was $212.4 million.
Pennsylvania online casino revenue breaks another record
In March, Pennsylvania online casinos and sports betting operators generated a gigantic $181.5 million in revenue. The figure is a record for any US online casino state, topping Pennsylvania’s December 2022’s record of $166.9 million.
March revenue numbers also represent a significant increase from this year’s previous months. Online casinos generated $162.3 million in February and $160.3 million in January.
Here’s a breakdown of the $181.5 million revenue generated in March:
- Online slots revenue: $138.2 million
- Table games revenue: $40.5 million
- Online poker revenue: $2.9 million
Hollywood Penn National as the top earner
Among the state’s 17 operators, these were the most successful online casinos in March:
- Hollywood Penn National generated $76.7 million in total revenue
- Rivers Philadelphia collected $38.5 million in revenue
- Valley Forge took nearly $37.2 million
Pennsylvania gaming revenue exceeds $515.3 million
The combined total revenue generated from all forms of gaming during March brought in $515.3 million. The figure is an 11.35% year-over-year increase compared to revenue generated in March 2022.
The revenue includes income from:
- Slot machines
- Table games
- Internet gaming
- Sports betting,
- Fantasy contests
- Video gaming terminals (VGTs)
March revenue by game type
Retail slots revenue remained the primary gambling revenue source in the state with $225.4 million, almost a 5% year-over-year increase. Revenue from online gambling was $104.8 million, with over a 32% YOY growth. However, retail table games revenue decreased almost 9% from last year, totaling $85.9 million.
Sports betting revenue increased 60% year-over-year in March, reaching $50.6 million.
Meanwhile, video gaming terminal revenue saw a nearly 2% decline at $3.8 million. Fantasy sports revenue showed a slight yearly increase (0.59%) of $1.4 million.
