Pennsylvania reached a milestone that no one saw coming when online casinos became legal. The Pennsylvania Gaming Control Board (PGCB) reported operators generated an all-time high of $204.2 million in December revenue. It’s the first time ever that any state has eclipsed the $200 million threshold.
PA online casinos have been hinting at this possible landmark total over the last three months. The previous three months also featured two records:
- September: $187.3 million
- October: $186.9 million
- November: $191.9 million
Pennsylvania ended 2023 breaking three of its own US online casino records in four months. PlayPennsylvania Managing Editor, Chris Imperiale, said:
“Pennsylvania online casinos continue to break records. This December, they exceeded $200 million in gross revenue for the first time ever, finishing the month with a total of over $204 million. The new all-time, all-market US mark narrowly took down the previous best from November by about $12 million. December saw an increase in production of about 6.4% from last month, while the performance topped year-over-year figures by more than 22%. This is now the fourth consecutive month with revenue surpassing $186 million. With 2023 now complete, PA online casinos ended the year with over $2.1 billion in revenue, setting another new record.”
Breakdown of PA online casino December 2023 revenues
- Online slots revenue: $155,991,450
- Table games revenue: $45,829,060
- Online poker revenue: $2,404,150
Full December revenue breakdown by PA casino licensee below.
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Quick analysis from December PA online casino figures
- The first takeaway is the simple fact that Pennsylvania eclipsed a monumental milestone in terms of revenue. When online casinos became legal in 2017, the idea of the state generating $200 million of earnings in a single month was extremely far-fetched. Now that operators achieved the impossible, it has us asking what is in store for them in 2024. How much more revenue can they earn?
- Pennsylvania online casinos generated $2.1 billion in 2023 revenue, which is easily a new record. Operators recorded $1.67 billion in 2022 revenue. The same question applies to the first takeaway: How high can operators go?
- Pennsylvania online casinos delivered $2 billion in lifetime taxes to the state with December’s output. In the record-setting month, operators generated north of $70 million in taxes, which put the lifetime total at $2.03 billion.
PA online casino revenue by operator in December 2023
| Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn National | $76,791,669 | $56,919,125 | $19,538,279 | $334,265 | $15,840,373 | $25,359,822 |
| Valley Forge | $51,485,270 | $35,876,335 | $15,608,935 | $0 | $10,210,190 | $16,357,148 |
| Rivers Philadelphia | $38,161,006 | $33,084,769 | $4,964,744 | $111,493 | $6,841,043 | $14,983,144 |
| Harrah's Philadelphia | $10,192,856 | $7,725,678 | $1,985,590 | $481,588 | $320,569 | $4,391,064 |
| Parx | $6,087,652 | $5,309,305 | $778,347 | $0 | $1,426,471 | $2,221,267 |
| Mount Airy | $4,540,771 | $2,335,279 | $728,689 | $1,476,803 | $844,583 | $1,148,237 |
| Golden Nugget | $5,188,716 | $4,838,683 | $350,033 | $0 | $1,553,532 | $1,829,988 |
| Live! Philadelphia | $3,857,512 | $3,253,539 | $603,973 | $0 | $745,956 | $1,450,730 |
| Bally's | $3,352,472 | $2,823,972 | $528,500 | $0 | $584,855 | $1,293,683 |
| Wind Creek | $2,776,595 | $2,451,735 | $324,860 | $0 | $644,139 | $1,028,079 |
| Mohegan Pennsylvania | $1,790,142 | $1,373,032 | $417,110 | $0 | $102,106 | $753,037 |
| Total | $204,224,661 | $155,991,452 | $45,829,060 | $2,404,149 | $39,113,817 | $70,816,199 |
