Launch Of Unibet And PokerStars Spark 55% Jump In Online Casino Revenue

Written By Kevin Shelly on December 17, 2019

With the addition of two new online casinos growing the Pennsylvania market by 66%, revenue accordingly spiked in November for the collection of five sites. The numbers jumped 55% month over month with the addition of the new competition.

Online casino revenue topped $7.7 million

Combined online casino revenue was over $7.6 million for November.

The online casinos in the monthly Pennsylvania Gaming Control Board (PGCB) revenue report are:

Revenue in October was only $4,942,934, but that month did not include revenues from the recently launched UniBet and PokerStars.

Online casino revenue breakdown

Here is a look at how each of the operators fared in November. Keep in mind that PokerStars did not start operating

CasinoTotal revenueSlots revenueTable games revenue
PokerStars Casino$1,023,637$365,657$657,980

SugarHouse tops in online casino revenue

Leading the way in November with over $3.1 million in revenue was SugarHouse, which is converting to Rivers Philadephia online to match its brick-and-mortar brand change. For now, though, SugarHouse remains the online brand.

Online slots accounted for $2 million in revenue during November, while table games brought in nearly $1.1 million.

Hollywood still contends with online slot revenue trails SugarHouse but is still firmly in second place with around $1.9 million in total online revenue. The performance of online slots was strong, accounting for over $1.6 million of that figure. Table games continued a soft performance, with just $211,000 in profit.

Parx is fourth in overall online revenue

Parx had $1.5 million in combined revenue, divided into $890,000 from slots and right around $600,000 from table games. Parx managed to outpace the newcomers, but PokerStars poses a real threat to potentially surpass them in a matter of months.

PokerStars casino boosted by interest in online poker

While the online casino numbers were roughly half of the take of the almost $2 million in rake PokerStars PA took in, it still debuted with a strong $1 million in combined slots and table games revenue. Interestingly, it was the table games that produced the bulk of that number. Almost $660,000 came at the tables, while roughly $365,000 was from slot play.

Unibet unimpressive in debut

Granted, Unibet only had two weeks to generate revenue in November, but the first month was still pretty anemic. The site produced a combined $131,000 in revenue, with just $36,000 from table games. The lack of an iOS option might explain some of the performance struggles for the site. Parx experienced similar struggles because of its lack of options for iPhone users.

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Kevin Shelly

Kevin C. Shelly is an award-winning career journalist who has spent most of his career in South Jersey. He's the former assistant city editor of The Press of Atlantic City, where he covered the casino industry and Atlantic City government as a reporter. He was also an investigative, narrative enterprise, and features reporter for Gannett’s Courier-Post.

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