Pennsylvania gaming revenue tops $420 million for fifth month in a row

February 17, 2023 4:27 PM
Photo: By Ii2nmd - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=74706962
  • Rege Behe, CDC Gaming Reports
February 17, 2023 4:27 PM
  • Rege Behe, CDC Gaming Reports

Pennsylvania’s revenue streak continues.

The Pennsylvania Gaming Control Board on Friday reported that revenue generated from all forms of gaming, including fantasy contests, reached $464.4 million in January. That’s the fifth straight month gaming revenue in the Keystone State topped $420 million.

Revenue was boosted by year-over-year increases in all types of gambling, with only igaming poker (down 14.5 percent) and fantasy contests (down 9.5 percent) seeing decreases.

Hollywood Casino at Penn National in Grantsville again led all Pennsylvania brick-and-mortar casinos with revenue of $71.8 million, an increase of 25.4 percent over January 2022. Valley Forge Resort Casino in King of Prussia reported a year-over-year increase of 33.2 percent, with revenue reaching $67.9 million, while Philadelphia-based Parx Casino had revenue of $55.4 million, a year-over-year increase of 7.0 percent.

Slot revenue was $202.2 million, an increase of 20.1 percent over January 2022. Parx led with $32.6 million, an increase of 12.7 percent. Wind Creek Bethlehem generated $23.8 million in January, up 30.2 percent, and Rivers Casino Pittsburgh had $21.1 million, up 7.5 percent.

Hollywood Casino at Penn National’s igaming revenue reached $55.1 million, a year-over-year increase of 33.7 percent. Valley Forge Casino Resort generated $29.7 million in igaming revenue, a 45.9 percent increase, and Rivers Casino Philadelphia brought in $28.5 million, a 4 percent increase.

Valley Forge Resorts Casino’s sports betting revenue of $29.9 million, with a handle of $313 million, outpaced other operators. REvenue at Hollywood Casino at the Meadows in Meadowlands reached $4.1 million, with a handle of $202.5 million, while Hollywood Casino Morgantown’s handle of $53.6 million yielded revenue of $2.2 million.

Rege Behe is lead contributor to CDC Gaming Reports. He can be reached at rbehe@cdcgaming.com. Please follow @RegeBehe_exPTR on Twitter.