Getting back to August, Pennsylvania’s video gaming terminal operators generated revenue of $2.25m, up slightly from July’s $2.07m. Fantasy contest revenue hit $2.13m, more than twice July.

• Pennsylvania Department of Revenue Online Services. Begin Main Content Area File Your Taxes. Frequently Asked Questions. Tax Professional Resources.
• Interactive Gaming Revenue FY 2019/2020. Video Gaming Terminal Revenue FY 2019/2020. Box 69060, Harrisburg, PA (717) 346-8300.

In Pennsylvania, online casinos continued a rocketing revenue run with a record in October of nearly $59.8 million.

That’s a healthy increase from the former record of $57 million set just a month before, according to the Pennsylvania Gaming Control Board (PGCB) figures.

Total gaming — retail casino slots and table games, online casinos, retail and online sportsbooks, poker, VGTs and fantasy contests — generated combined revenue of more than $320.2 million. That’s up 12.87% compared to revenue generated in October 2019.

The total tax revenue generated through all forms of gaming was more than $130.1 million during October 2020. Of that, $24.9 million came from iGaming.

Online table game revenue really jumps

In October, interactive slots took in nearly $40.4 million, online table games nearly $17 million and poker more than $2.4 million.

In September, online slots had accounted for more than $39.9 million in revenue, with an additional $14.7 million from online table games.

Pennsylvania Online Gambling Revenue Calculator

Also in October, total wagers on table games topped $1 billion — a first.

Online poker steady, VGT revenue up

With just one operator, PokerStars PA via Mount Airy Resort, online poker generated more than $2.4 million in October. That continues a trend down from $2.7 million in revenue in August.

Truck stop video gaming terminals generated nearly as much revenue as online poker — more than $2.4 million. There are now four operators with machines in 37 locations; each location has five machines.

Sports wagering handle hits new highs

In October, sports betting was up significantly over the previous year, with a total handle of more than $525.8 million. That’s more than double the handle a year ago, when it was nearly $241.2 million.

Additionally, the taxable sports wagering revenue figure of $36.8 million for October 2020 set a record, eclipsing the previous monthly revenue high of more than $22.8 million in January of this year.

Nov. 17 marks two years since the very first legal sportsbook opened in Pennsylvania.

Casino-based games down

Pennsylvania Online Gambling Revenue Reporting

Casino-based slots and table games, with COVID-19 capacity restrictions, were down 17.22% and 13.43%, respectively, but online gaming channels have made up the difference and then some.

A year ago, there were 23,786 slots on the casino floors, but there were just 16,611 in operation this October.

October online casino breakdown by PA operator

A complete breakdown of October revenue, including slots and table games by operator (online gaming license holder), can be found here:

Casino operators by the numbers

Five operators had total online casino revenue above $5 million.

• Rivers Philly, which combines SugarHouse and BetRivers, topped $16.6 million, with more than $14 million in revenue from slots.
• Penn National/DraftKings topped $11 million in online revenue, with more than half from table games.
• Valley Forge/FanDuel hit more than $10 million in online revenue, with table games accounting for more than half.
• Mount Airy, which includes PokerStars and Fox Bet, brought in more than $9.4 million when online table games, online slots and online poker are combined.
• And Parx had nearly $6 million in iGaming revenue.

Live! Casino Philadelphia, which is still new, trailed everyone with just $278,463 in total online revenue in its third full month in operation.

Lead image via Dreamstime.

Online gambling and sports betting are playing vital roles in the economic health of Pennsylvania’s gaming industry — the third largest in the United States.

The Pennsylvania Gaming Control Board (PGCB) revealed today that online slots won just shy of $39.4 million last month. That’s a staggering 673 percent gain on November 2019.

Online casinos went live back in July of 2019. However, as of November of last year, only Parx and Hollywood casinos were operating online games. Today, Pennsylvanians have 11 interactive online casino sites to choose from, and the internet products are finding favor among Keystone residents as they continue to remain under strict COVID-19 state orders.

Gross gaming revenue (GGR) from internet table games totaled a little more than $17.9 million — a 592 percent year-over-year increase. Pennsylvania’s iGaming haul in November was the state’s all-time best mark. Internet slots, table games, and poker rake totaled $59.7 million.

Rivers Casino Philadelphia led the way with $16.5 million in internet GGR. Rivers Philly was the first casino to be forced to reclose its land-based operations due to city orders, which went into effect on November 20.

Retail Rollbacks

Pennsylvania Online Gambling Revenue Forms

Along with internet gaming, sports betting in the Commonwealth enjoyed yet another strong month. Sportsbooks took $491.9 million in bets, and kept $37.3 million. November’s sports win was up 242 percent higher than the same month in the previous year.

The drastic gains made by iGaming and sports betting wasn’t enough to offset legacy gaming losses. GGR from physical slot machines fell almost 32 percent to $129.5 million, while tables won 30 percent less ($52.3 million).

Even with the $3 million won by daily fantasy sports networks and $2.2 million from truck stop video gaming terminals, Pennsylvania’s gaming industry still recorded a year-over-year decline in November. Total GGR from all gaming was $284.2 million, down 2.7 percent.

Bad End to Bad Year

2020 won’t be remembered fondly by many. And certainly for those invested in the Pennsylvania gaming industry, COVID-19 delivered an unimaginably difficult year.

November’s nearly three percent GGR fall will only worsen in December, as all 13 brick-and-mortar casinos are once again closed. Governor Tom Wolf (D) ordered land-based gaming to suspend operations on December 12. They won’t reopen until at least January 4.

Pennsylvania casinos have pleaded with Wolf not to take a one-size-fits-all approach to closing businesses. The gaming companies say their floors are some of the safest indoor business environments in the Commonwealth.

Representatives from the casinos explain there’s been no evidence that their operations have been responsible for coronavirus spread. Wolf first closed the gaming facilities in March, and allowed them to reopen at a maximum 50 percent capacity in June.

Brick-and-mortar legacy gaming will tumble dramatically in December, as the slot machines and table games were only in business for 11 days. iGaming GGR will likely further benefit, as gamblers confined to their homes look for an outlet.

The post Pennsylvania Online Gambling, Sports Betting Key in Keystone State, as Retail Revenue Plummets appeared first on Casino.org.

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