Pennsylvania Tops $500 Million in September Gaming Revenue

Pennsylvania Tops $500 Million in September Gaming Revenue article feature image
Credit:

Ethan Miller/Getty Images

The Pennsylvania Gaming Control Board reported $505.9 million in taxable gaming revenue for September on Thursday, a modest 6.2% year-over-year gain boosted by double-digit percentage gains from both internet casino gaming and sports betting.

Taxable revenue for iGaming ticked 10.8% higher to $176.7 million as year-to-date adjusted gross operator winnings surpassed $1.5 billion. Revenue declined 3.8% from the $183.7 million reported for August. Gross revenue totaled $227.4 million, the second-highest tally in state history behind the $233.1 million reported in March.

An aggressive spend by online sportsbooks — which lavished a record $43 million in credits and bonuses — contributed to $53.5 million AGR from a gross revenue amount of $95.8 million. That was up 46.1% compared to last year and ranked fifth overall.

Both disciplines were able to absorb a 1.7% decline in casino revenue to $270.4 million. The loss for table games revenue was slightly sharper at 2.3% to $73.4 million compared to a 1.5% drop in slots to nearly $197 million.

Overall, the state collected $211.2 million in taxes across the gaming verticals, with $51.1 million coming from internet casino gaming. The $6.21 billion wagered through iGaming casino platforms was the second-highest in state history behind March's $6.43 billion and the fifth overall to clear $6 billion.

Hollywood Casino Continues to Rule Roost

Hollywood Casino, which counts DraftKings, BetMGM and its own internal app as its online skins, combined for $66.9 million in revenue, up 3.2% compared to last September. The trio did more with less as total drop across all disciplines slipped 9.1% from a record $2.84 billion to $2.58 billion.

Valley Forge, home to FanDuel, had a more substantial year-over-year gain at 33% to $47.1 million. Its action increased significantly to $1.73 billion, second-most to the $1.75 billion worth of play in March and up 37.2% from September 2023.

BetRivers was the only other iGaming platform to reach eight figures and surpassed $30 million for the sixth time in seven months at $31.5 million. That was a 7.7% increase that slightly outpaced the 4.7% bump in drop to $893.7 million.

Harrah's was a clear-cut No. 4 in revenue with close to $8.5 million, while the $4.7 million claimed by Golden Nugget was enough to complete the top five despite a 4.9% decline. PARX Casino and Live! also surpassed $4 million in revenue but were going in different directions , as PARX's revenue declined 28.3% from last September and Live! reported a 42.5% increase.

Parx, Wind Creek Again 1-2 in Brick-and-Mortar Winnings

Parx Casino and Wind Creek continued their monthly tussle atop brick-and-mortar casino revenue verticals. Parx maintained the top spot for slots with $30.2 million, though Wind Creek narrowed the gap slightly. Its $24.2 million winnings was a 2.1% improvement compared to the 4.3% decline for Parx.

The two flipped positions for table games revenue, though the gap also narrowed. Wind Creek had a 9.6% decline in revenue to just shy of $18 million, while Parx had a smaller downturn at 3.2% to $15.5 million.

Rivers' Pittsburgh-based casino took the final podium spot for slot revenue at $20.7 million, while Hollywood Casino at the Meadows pipped Mount Airy for the No. 5 spot at $13.4 million thanks to a 6.1% increase in revenue, while Mount Airy reported a 4.9% decline.

Live! Casino retained Philadelphia city bragging rights against Rivers for third in table games with $8.7 million, but Rivers posted a 12.8% year-over-year increase to narrow the gap and come $16,600 shy of $7 million.

About the Author
Chris is a Senior Analyst at Better Collective US and his focus is breaking down monthly sports betting revenue figures from state agencies across the United States. Prior to joining Better Collective in November 2019, Chris acquired more than two decades worth of experience at three national sports news wire services.

Follow Chris Altruda @altruda73 on Twitter/X.

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only. Action Network makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event.