Pennsylvania’s gaming revenue increases for third straight month

Thursday, June 17, 2021 6:37 PM

For the third month in a row, Pennsylvania’s gaming revenue topped $400 million and set a new record.

The Pennsylvania Gaming Control Board Thursday reported $413.2 million in total revenue in May, a 0.2% increase from the $404.1 million generated in April.

“The continued rise of overall gaming revenue can be attributed to the renewed strength of the land-based gaming market, the addition and increase of outlets in the newer gaming markets, along with market maturity in those markets which continues to attract new customers,” said PGCB Communications Director Doug Harbach via email.

Because of casino closures due to COVID-19 in 2020, Pennsylvania uses figures from 2019 as a gauge of growth. The increase from May 2019, which generated $290.8 million in gaming revenue, to this year’s $413.2 million is 42.1%.

Hollywood Casino at Penn National in Grantville led all Pennsylvania brick-and-mortar casinos with $62.9 million, with most of the revenue generated from igaming, which totaled $41.3 million. Parx Casino in Philadelphia brought in $61.8 million and Rivers Casino Philadelphia reported $48.1 million in gaming revenue.

Revenue from slots in May was $201.4 million, with Parx generating $37.8 million, Wind Creek Bethlehem bringing in $22.8 million, and Rivers Casino Pittsburgh totaling $21.8 million.

Total igaming revenue was $101.3 million for the month. Following Hollywood Casino were Rivers Casino Philadelphia with $27.0 million in revenue and Valley Forge Casino Resort in King of Prussia with $16.3 million.

Valley Forge’s sportsbook, operated by FanDuel, led sports betting in the state with a handle of $163 million and taxable revenue of $14.5 million. Meadows Casino & Racetrack in Meadowland with a handle of $101.3 million and taxable revenue of $4.0 million, and Hollywood Casino ($45.0 million handle, $1.8 million in taxable revenue) rounded out the top three sportsbooks in the state.

Rege Behe

Rege Behe brings more than 30 years of experience as a journalist to his role as a lead contributor to CDC Gaming. His work ranges from day-to-day industry coverage to deeper features such as the CDC Gaming Roundtables and the “10 Women Rising in Gaming” series.