Online Casinos Top $200 Million In Revenue For Third Straight Month

Written By Corey Sharp on May 17, 2024
3D graphic of the words 200 million. Pennsylvania online casinos could not beat March's revenue record. However, a $212.2 million month is still the best April in history.

Pennsylvania online casino operators had another solid month in April, but came considerably short of March’s all-time revenue record. The Pennsylvania Gaming Control Board reported that operators produced $212.2 million in gross online casino earnings last month.

While PA online casino revenue experienced a 9% month-over-month decrease from the March record of $233 million, operators have still been on fire as of late. It’s the third straight month of earnings exceeding $200 million, and the fourth time in five months. Revenue also increased 27% from April 2023.

PlayPennsylvania Managing Editor Dave Briggs said:

“History shows that online casino numbers typically soften in April. So, being down from March, especially an all-time record revenue month, is not surprising.

“The good news is April online casino revenue is up sharply when compared to April of 2023. Also, Pennsylvania online casinos have already exceeded $850 million in total revenue through the first four months of 2024. That’s up 27% from this time last year showing the incredible growth of the sector continues unabated.”

bar graph showing Pennsylvania online casino revenue comparison April 2020-2024

Breakdown of PA online casino April 2024 revenues

  • Online slots revenue: $164,800,886
  • Table games revenue: $45,006,006
  • Online poker revenue: $2,405,721

Quick analysis from April PA online casino figures

  • Most of the top PA online casino operators took a step back in April. The top five licensees in the table below each declined in revenue, albeit slightly. However, Pennsylvania has been setting the bar so high, a month of $212.2 million in earnings is considered a slow period. As we approach late spring and summer, where the industry hits a dry spell overall, it’ll be interesting to see how far iGaming declines in the Keystone State. It’ll be sure to pick back up in the fall and winter again.
  • Bally Casino PA is one of the only operators that increased month-over-month in April. After producing $4.5 million in March, Bally’s followed it up with $4.7 million in April. The operator has seen revenue improvements in six straight months. After generating $2.4 million in October 2023, it almost doubled its output last month.
  • With only $150 million to go, Pennsylvania is expected to clear the $1 billion threshold in iGaming revenue in May. Last year, it did not do so until June, which means operators are well on schedule to shatter last year’s record of $2.1 billion of revenue. Online casinos are on pace for $2.55 billion in 2024.

bar graph showing Pennsylvani online casino revenue comparison January-April 2020-2024

PA online casino revenue by operator in April 2024

LicenseeTotal RevenueSlotsTablesPokerPromosTaxes
Hollywood Penn National$75,896,671$56,902,384$18,581,885$412,402$13,580,968$26,429,994
Valley Forge$59,809,411$43,638,697$16,170,714$0$11,716,427$19,825,340
Rivers Philadelphia$37,721,053$33,671,469$3,915,248$134,337$7,078,194$15,007,602
Harrah's Philadelphia$10,478,523$7,847,428$2,137,574$493,521$1,068,801$4,079,934
Mount Airy$5,002,292$3,025,949$610,882$1,365,462$1,045,327$1,375,043
Bally's State College$4,739,838$4,172,129$567,709$0$927,412$1,615,850
Golden Nugget PA$4,397,183$4,001,141$396,043$0$853,127$1,542,933
Live Philadelphia$4,191,194$3,432,526$758,668$0$754,489$1,567,527
Wind Creek$2,319,322$2,004,750$314,573$0$508,260$858,436
Mohegan Sun Pocono$1,564,982$1,246,460$318,522$0$152,822$641,528
Photo by Shutterstock
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Corey Sharp

Corey Sharp is the Lead Writer at PlayPennsylvania bringing you comprehensive coverage of sports betting and gambling in Pennsylvania. Corey is a 4-for-4 Philly sports fan and previously worked as a writer and editor for the Philadelphia Inquirer and NBC Sports Philadelphia.

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