Pennsylvania gaming revenue up 6% in September, driven by online slots jump

Industry

The Pennsylvania Gaming Control Board (PGCB) has announced that the total combined revenue generated by all forms of gaming in the state reached $476.3 million in September 2023.

This figure, which covers slot machines, table games, iGaming, sports betting, fantasy contests and video gaming terminals (VGTs), represents an increase of 6.20% compared to the revenue generated in the same period of 2022.

The majority of the revenue was driven by retail slots, which amounted to $199.9 million in the month, almost flat from 2022 with a slight 0.70% increase. Meanwhile, it was iGaming slots that posted the biggest revenue jump in September, increasing by 47.3% to $114.7 million.

On the other hand, in-person table games didn’t perform as well, falling by approximately 8% and generating $75.2 million in revenue. However, the iGaming table games vertical experienced 32% growth, reaching $42.4 million in September, marking the second biggest revenue jump for the month after online slots.

Parx Casino led retail slots revenue at $31.5 million, followed by Wind Creek Bethlehem at $23.7 million. The casinos traded places in table games revenue, with Wind Creek leading at $19.8 million and Parx Casino following with $16 million.

Meanwhile, Hollywood Casino at Penn National Race Course placed first for iGaming activity with $64.8 million combined in slots and table games revenue. The casino also placed first overall when combining all forms of retail and online gaming, posting $77 million for the month.

Revenue year-over-year by types of games

Sports betting saw a 12% increase in total bet volume, reaching $726.2 million. However, taxable revenue fell by 27% compared to the previous year. iGaming poker revenue also fell by 10.4% to $2.4 million, while revenue from fantasy contests was down by 6.5% to $1.8 million. 

Another vertical that was down in September is Video Gaming Terminals (VGTs), with total revenue of $3.2 million, down 7.18% from the previous year despite terminals expansion. At the end of September, VGT operators used a maximum of five machines at 69 qualified truck stop establishments, compared to five machines at 66 establishments at this time last year.

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