Pennsylvania online casinos rebounded in a huge way last month. After a slower January, the Pennsylvania Gaming Control Board (PGCB) reported that operators produced $215.3 million in February online casino revenue, which is an all-time US record. It broke December’s mark of $204.2 million in revenue.
PA online casino revenue recorded a 32.7% year-over-year increase and an 13.7% month-over-over increase.
PlayPennsylvania Managing Editor, Dave Briggs, said:
“Online casino revenue in Pennsylvania was off the charts in February. Not only was total revenue of more than $215 million an all-time best, it smashed the previous record by more than $11 million.
“Pennsylvania continues to show incredible growth in online casino revenue and that’s a great thing for residents of the Keystone State. Total taxes collected from online casinos in February alone reached nearly $77 million. That money stays in Pennsylvania to support the citizens of Pennsylvania and helps fund problem gambling resources.”
Breakdown of PA online casino February 2024 revenues
- Online slots revenue: $156.2 million
- Table games revenue: $56.6 million
- Online poker revenue: $2.4 million
Quick analysis from February PA online casino figures
- For the fourth time in six months, PA online casinos broke another US record. To the Keystone State’s standards, operators had a slow January, generating just $189.3 million in revenue. February shows that the state is setting a new bar almost every month. Not to mention, February is the shortest month of the year and shattered December’s record by over $11 million.
- While the sample size isn’t too large, online casinos are averaging $202.3 million in revenue a month. Should the state keep up that pace, it’ll surpass $2.4 billion in yearly earnings. In 2023, platforms produced $2.1 billion in revenue.
- Bally Casino PA recorded the best month it ever had in February. The operator produced nearly $4 million in earnings, which is a step up from January’s $3.4 million total. It’s only a matter of time before Bally’s is consistently hitting $4 million a month, and competing with operators such as Golden Nugget online casino PA and PlayLive! Casino PA.
PA online casino revenue by operator in February 2024
Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
---|---|---|---|---|---|---|
Hollywood Penn National | $84,283,275 | $54,068,572 | $29,816,054 | $398,649 | $6,984,272 | $30,258,778 |
Valley Forge | $57,223,463 | $40,458,957 | $16,764,507 | $0 | $12,466,329 | $17,798,340 |
Rivers Philadelphia | $36,110,619 | $32,256,405 | $3,728,043 | $126,171 | $6,840,821 | $14,340,920 |
Harrah's Philadelphia | $10,751,305 | $7,304,086 | $2,947,808 | $499,411 | $812,362 | $4,055,768 |
Parx | $5,885,643 | $5,172,613 | $713,031 | $0 | $937,061 | $2,401,283 |
Golden Nugget PA | $4,820,019 | $4,193,575 | $626,444 | $0 | ($880,048) | $2,484,834 |
Mount Airy | $4,648,762 | $2,784,979 | $452,109 | $1,411,673 | $1,059,475 | $1,223,575 |
Live Philadelphia | $3,926,790 | $3,363,955 | $562,835 | $0 | $614,746 | $1,574,626 |
Bally's State College | $3,916,162 | $3,586,192 | $329,970 | $0 | $906,844 | $1,312,089 |
Wind Creek | $2,384,232 | $2,007,786 | $376,446 | $0 | $527,659 | $859,500 |
Mohegan Sun Pocono | $1,338,483 | $1,011,042 | $327,441 | $0 | $74,333 | $558,214 |
Total | $215,288,753 | $156,208,162 | $56,644,688 | $2,435,904 | $30,343,854 | $76,867,927 |