After a down July, Pennsylvania’s online casino market rebounded in a big way. The Pennsylvania Gaming Control Board (PGCB) reported that online casino operators recorded $171.9 million in August revenue. During the process, online casinos surpassed the $1 billion threshold for slot revenue in 2023.
It’s the state’s second-largest total of all time, falling short of March 2022’s record of $181.5 million.
Pennsylvania online casinos failed to meet $160 million in July revenue, but got back on track nicely before the start of the fall. August represents the last “slow” month for gaming as a whole, but online casinos in Pennsylvania continue to showcase impressive numbers.
PlayPennsylvania Managing Editor, Chris Imperiale, said:
Pennsylvania online casinos bounced back in a huge way this August, producing their second-largest monthly total to date. For the month, PA casino apps totaled nearly $172 million in gross revenue. This performance marked a 9.5% boost from the month prior, and a 30.6% year-over-year increase. PA online casinos have now hit at least $160 million in earnings in eight of the last nine months, with August propelling the state beyond $1 billion in online slot revenue for the year. The state’s momentum shouldn’t slow down entering September, as lots of operators provide crossover promos involving the NFL.
Breakdown of August 2023 revenues
- Online slots revenue: $132,231,523 million
- Table games revenue: $37,269,167 million
- Online poker revenue: $2,440,714 million
Full August revenue breakdown by PA casino licensee below.
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PA online casinos continue their dominance
Pennsylvania’s online casinos have broken US iGaming records four times since October 2022 as they have found a new baseline above $150 million in monthly revenue.
| Month/Year | Revenue |
|---|---|
| October 2022 | $151.7 million* |
| November 2022 | $155.9 million* |
| December 2022 | $166.9 million* |
| January 2023 | $160.3 million |
| February 2023 | $162.3 million |
| March 2023 | $181.5 million* |
| April 2023 | $167.2 million |
| May 2023 | $170.4 million |
| June 2023 | $164.3 million |
| July 2023 | $157.1 million |
| August 2023 | $171.9 million |
*indicates US iGaming record
Quick analysis from August PA online casino figures
- Pennsylvania online casinos crossed the $1 billion threshold for slot revenue after August’s $132.2 million total for the vertical. For comparison purposes, online slot revenue did not reach $1 billion until October in 2022. PA online casinos are constantly upgrading and adding fresh slots to their library, which motivates players to keep coming back.
- While online slots get the majority of headlines, table games also reached a milestone by passing $300 million in yearly revenue. Pennsylvania live dealer games have a strong appetite in the state, and is a key reason why table games pushed across the $300 million total.
- Pennsylvania online casinos recorded a 9.5% increase in month-over-month revenue, compared to a 6.9% increase in August 2022. In what proved to be the second-largest revenue total of all time, it’ll be interesting to see if Pennsylvania can eventually surpass the $181.5 million it set back in March. Now that football is back in full swing, it wouldn’t be surprising if more crossover promos contributed to even higher online casino revenue totals.
PA online casino revenue by operator in August 2023
| Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn National | $68,645,276 | 51,078,527 | $17,242,074 | $324,675 | $8,316,339 | $25,901,321 |
| Valley Forge | $39,410,760 | $27,205,659 | $12,205,101 | $0 | $7,005,227 | $12,861,050 |
| Rivers Philadelphia | $33,767,798 | $30,371,856 | $3,277,120 | $113,822 | $5,671,684 | $13,880,385 |
| Harrah's Philadelphia | $6,412,738 | $4,577,269 | $1,330,381 | $505,088 | $260,820 | $2,622,557 |
| Parx | $6,280,081 | $5,019,371 | $1,260,710 | $0 | $982,931 | $2,399,291 |
| Mount Airy | $5,257,224 | $2,933,360 | $826,735 | $1,497,129 | $1,273,823 | $1,261,819 |
| Live! Philadelphia | $3,627,129 | $3,346,214 | $280,915 | $0 | $696,598 | $1,343,738 |
| Bally's | $2,615,870 | $2,205,391 | $410,479 | $0 | $459,680 | $1,008,361 |
| Wind Creek | $2,377,207 | $1,996,107 | $381,100 | $0 | $508,524 | $864,271 |
| Mohegan Pennsylvania | $1,864,012 | $1,458,362 | $405,650 | $0 | $288,242 | $696,769 |
| Golden Nugget | $1,688,320 | $2,039,417 | -$351,097 | $0 | $1,496,772 | $236,852 |
| Total | $171,941,413 | $132,231,523 | $37,269,167 | $2,440,714 | $26,960,630 | $63,190,516 |
