The Commonwealth of Pennsylvania’s gambling income experienced a modest increase in July, with the state’s gambling earnings rising by 1.3% annually compared to July 2021, reaching $429.1 million (£355.8 million/€421.7 million). This represents a 10.1% jump from June’s $389.8 million, despite a decrease in the brick-and-mortar gambling sector.
Traditional slot machines remain the primary source of income for the state’s gambling operators, with revenue significantly ahead. This sector generated $213.9 million, a 4.0% year-on-year decline. The Pennsylvania Gaming Control Board (PGCB) also reported a 0.3% drop in revenue from brick-and-mortar table games, reaching $86.7 million.
However, these declines were offset by annual increases in other areas, including the online gambling sector, where revenue surged by 11.2% to $98.6 million. This included $71.9 million in online slot machine revenue, $23.9 million in internet table game revenue, and $2.8 million in online poker revenue.
Pennsylvania’s state-owned DraftKings partner, Hollywood Casino, led the pack with $38.6 million in revenue. Following closely was Rush Street Interactive partner, Rivers Casino Philadelphia, with $24.7 million, followed by FanDuel partner, Valley Forge Casino Resort, with $17.5 million.
In other areas, revenue in the sports betting sector also climbed by 28.1% to $25.4 million, thanks to the month of October.
Pennsylvania’s gambling revenue in July increased by 1.3% year-over-year, despite a decrease in the brick-and-mortar gambling market.
The state of Pennsylvania witnessed a 5% increase in gambling earnings in May, reaching a total of $336.5 million. Online sports wagering brought in $22.6 million, while physical betting locations generated $2.8 million.
Valley Forge, collaborating with FanDuel, maintained its leading position in the sports betting industry, generating $12.2 million in earnings. This outpaced Hollywood Casino Meadowlands’ Barstool Sportsbook ($4.6 million) and Hollywood Casino Penn National’s DraftKings ($1.6 million).
The Pennsylvania Gaming Control Board also observed a 3.7% decrease in video gaming terminal revenue, reaching $3.6 million for this fiscal year. Meanwhile, fantasy sports revenue experienced a 45.3% decline, settling at $27.3 million.
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