PA Online Casinos Reach Record High $55.9 Million Revenue in August

Online casinos in Pennsylvania generated gross revenue of nearly $55.9 million during August, an increase of $1.5 million over July’s revenue of $54.4 million.

And it set a new monthly record. PA iGaming’s previous peak revenue for online poker, slots, and casino games of $55.8 million came in May.

A year ago last August, the gross revenue for online offerings was just about $3.7 million. There was no online poker then, and many fewer online gaming options.

Poker added $2.7 million to the online revenue in August.

Online slot games accounted for $39.6 million and online table games just under $13.6 million.

Total gambling revenue topped $310 million despite reduced capacity

Overall August revenue was more than $310 million according to the Pennsylvania Gaming Control Board (PGCB) figures for total gaming and fantasy contests.

That’s despite continued reduced capacity due to COVID-19 restrictions.

During July, it was just under $283.1 million. That month was the first time since March all 12 casinos operated for most of the month since virus restrictions which began in mid-March.

The monthly figure is an increase of almost 6% over revenue generated in August 2019 when it was more than $293.4 million.

Sportsbooks roared back to life

PA sports betting handle reached nearly $365 million in August, setting a new all-time high and a 122% month-over-month increase in handle for the books. Taxable revenue was $18.4 million, up 126% over July’s $8.1 million.

Even with retails books reopened, 88% of wagers were placed online. FanDuel Sportsbook continues to dominate the space, taking in around 45% of all sports wagers placed online during the month. The operator also broke a single-month record for revenue with nearly $8.9 million via online alone.

DraftKings sportsbook was next best, accounting for 26% of all online bets, $86.8 million in handle, and $1.1 million in revenue.

Poker continues slide from April peak

Online poker continued to slide despite the continuing closure of in-person poker rooms, with August revenue at just above $2.7 million.

Online poker was at just under $3.0 million in July versus $3.2 million in June. In May, poker revenue was $4.6 million, just down from its peak of nearly $5.3 million in April.

PokerStars PA remains the only provider of online poker in the Keystone State.

August online casino breakdown by PA operator

A complete breakdown of August revenue, including slots and tables games by operator (online gaming license holder), can be found here:

Casino Operator Total Revenue Slots Revenue Table Games Revenue
Rivers Philly* (SugarHouse & BetRivers) $17.1 million $15.2 million $1.9 million
Valley Forge (FanDuel) $8.7 million $4.4 million $4.3 million
Parx Casino $7.5 million $6.1 million $1.4 million
Mt. Airy (PokerStars & FOXBet) $6.9 million $2.4 million $1.7 million
Penn National (DraftKings Casino) $6.6 million $3.4 million $3.2 million
Penn National (Hollywood Casino) $5.2 million $4.7 million $579,000
Mohegan Sun Pocono (Unibet) $3.0 million $2.6 million $409,000
Harrah’s Philly (Caesars) $724,000 $700,000 $24,000
Wind Creek Casino $214,000 $239,000 ($25,000)
Presque Isle Downs (BetAmerica) $33,000 ($50,000) $83,000
Live! Casino Philadelphia (launched Aug. 14) $25,000 $24,000 $600
Totals: $53.2 million $39.6 million $13.6 million

Rivers, Valley Forge and Parx tops in online revenue

Rivers Philadelphia, which is the combination of SugarHouse and BetRivers topped the month of August with revenue of $17.1 million, with $15.2 million from online slots.

Valley Forge Casino and their operator FanDuel were second in overall online revenue with $8.7 million, nearly split evenly between slots and table games.

Parx Casino was third with $7.5 million, but they were second only to Rivers in slot revenue with $6.1 million.

Presque Isle Downs and their operator BetAmerica were next to last with just $33,000 in revenue after losing $50,000 on their slot play. They had online table revenue of $83,000 to offset the slot loss.

Live! Casino Philadephia was the newby player, operating just half the month of August. Unlike all the others, their physical casinos in Philly and near Pittsburgh are not yet even open. Live! had revenue of just $25,000, almost all of it in slots.

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