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The biggest iGaming market in the country isn’t letting up.
Pennsylvania online casinos amassed $216,491,295 in May win, marking the second-highest total in state history and continuing an unprecedented streak of $200 million-months.
Key takeaways
- Online casino revenue surpassed $200 million for the fifth time in the past six months
- Revenue was up 27.1% compared to May 2023
- May’s $216.5 million in revenue was the second-highest in state history
Monthly and annual revenue rise recorded on strong May numbers
Online casinos saw a 2% increase over PA’s April 2024 gaming revenue and a staggering 27.1% increase over May 2023. While the monthly increase was pedestrian, the yearly jump of more than 25% points to the considerable growth of Pennsylvania online casinos.
For example, online casino win surpassed $180 million once from July 2019 (when online casinos launched in Pennsylvania) through May 2023. However, from June 2023 to May 2024, win cleared the threshold of $180 million eight times.
Over the past six months, win has passed $200 million five times:
- May 2024: $216,491,295
- April 2024: $212,212,613
- March 2024: $233,087,604
- February 2024: $215,288,753
- January 2024: $189,302,559
- December 2023: $204,224,660
In a national context, Pennsylvania’s numbers are unmatched. Michigan and New Jersey, the two biggest markets in the country behind the Keystone State, have surpassed $200 million in revenue just twice through April 2024.
See how Pennsylvania’s online gaming numbers compare with other states on our US iGaming Revenue page.
Slots continue to anchor revenue posting $169.3M in May
Online slots play accounted for $169.3 million of May’s online casino win, followed by table games at $44.9 million and online poker at $2.3 million, according to new data from the Pennsylvania Gaming Control Board.
Here’s a look at how online casino revenue worked out for the state’s 11 land-based casinos that participate in iGaming:
| May 2024 revenue | |
|---|---|
| Penn National | $58,962,230 |
| Valley Forge | $41,365,910 |
| Rivers Philadelphia | $34,727,221 |
| Caesars | $8,296,494 |
| Golden Nugget | $5,278,732 |
| Bally's | $4,813,805 |
| Parx | $4,406,063 |
| Live! Philadelphia | $4,004,563 |
| Mount Airy | $3,129,559 |
| Wind Creek | $2,240,658 |
| Mohegan | $2,076,471 |
What’s ahead for PA online casinos?
Casino win tends to dip in the summer, leaving Pennsylvania online casinos with an interesting question heading into June, July, and August: Can the $200 million streak continue?
Using win growth rates from May 2023 to September 2023, we predict there’s a chance the figures could drop below $200 million in July:
| Month | Projected Revenue |
|---|---|
| October 2024 | $227,527,711 |
| September 2024 | $228,003,263 |
| August 2024 | $208,461,249 |
| July 2024 | $189,597,885 |
| June 2024 | $208,768,016 |
| May 2024 | $216,491,295 |
