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Pennsylvania’s revenue for online gambling hit $170.4 million in May, just the third time in US iGaming history a state has passed the $170 million mark.
Year-on-year, online casino revenue was up 24.6% in the Keystone State, according to data from the Pennsylvania Gaming Control Board (PGCB).
Slots and table games drive gambling revenue boost in May
The PGCB reports three types of online casino revenue each month: slots, table games and poker.
The state’s online slots generate the most revenue, followed by table games and poker. In May, slots revenue surged past $130 million, while table games crept toward $38 million. Total taxable revenue for the month was $170.4 million:
| iGaming Type | May 2023 | May 2022 | % Change |
|---|---|---|---|
| Slots | $130,010,641 | $101,658,388 | 27.89% |
| Table Games | $37,878,178 | $32,282,751 | 17.33% |
| Poker | $2,502,131 | $2,811,666 | -11.01% |
| Total Taxable Revenue | $170,390,947 | $136,752,806 | 24.60% |
Year-on-year, online gambling revenue jumped nearly $34 million. Slots revenue accounted for $28.4 million of that increase. Pennsylvania iGaming has been on a hot streak since late last year, breaking US online gambling revenue records in four of the past eight months:
- October 2022: $151.7 million (a record)
- November 2022: $155.9 million (a record)
- December 2022: $166.9 million (a record)
- January 2023: $160.3 million
- February 2023: $162.3 million
- March 2023: $181.5 million (a record)
- April 2023: $167.2 million
- May 2023: $170.4 million
Additionally, May marks the sixth straight month Pennsylvania online casino revenue has topped $160 million. None of the other five states that offer online casinos have matched that streak.
In fact, only one other state, Michigan, has passed the $170 million threshold.
Hollywood Penn National continues to lead Pennsylvania’s casino market
A casino-by-casino breakdown of May’s numbers reveals that the perennial frontrunner, Hollywood Penn National, maintained its top position. The property’s online casino nearly doubled the taxable revenue of the next casino:
| Casino | Total Taxable Revenue | Slots Taxable Revenue | Table Games Taxable Revenue | Total Poker Taxable Revenue |
|---|---|---|---|---|
| Hollywood Penn National | $71,415,282 | $53,287,543 | $17,765,628 | $362,111 |
| Rivers Philadelphia | $35,873,610 | $31,836,901 | $3,919,426 | $117,284 |
| Valley Forge | $34,705,869 | $23,045,237 | $11,660,633 | $0 |
| Mount Airy | $6,633,745 | $4,118,795 | $974,070 | $1,540,881 |
| Harrah's Philadelphia | $6,178,865 | $4,479,039 | $1,217,970 | $481,855 |
| Parx | $5,772,697 | $4,911,587 | $861,110 | $0 |
| Live Philadelphia | $4,381,131 | $3,788,262 | $592,869 | $0 |
| Mohegan Sun Pocono | $2,936,788 | $2,403,147 | $533,641 | $0 |
| Wind Creek | $2,492,960 | $2,140,130 | $352,830 | $0 |
Year-on-year, Hollywood Penn National saw an increase of around $16 million in taxable revenue. Valley Forge had the biggest year-on-year gains. The casino brought in $34.7 million in taxable revenue last month, up more than 50% over May 2022.
