Clicky

Pa. Casinos Post Record Gaming Revenues in March - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
money-rise
Published on
Update on

The Keystone State’s 12 licensed casino operators have recently set a brand-new all-time high record for gambling winnings in a single month. According to the revenue figures that were released by the Pennsylvania Gaming Control Board last Monday, the casinos managed to rake in whopping $309.1 million from slot machines and table games – the amount represent a modest but still very significant 2.86 percent year-over-year increase. The previous record was from March 2018 when the state’s casinos brought in $300.5 million. That was the first and only other time that the casinos flew past the $300 million mark.

  • Slot machine revenue: $226,597,681.24 (+2.37 percent)
  • Table game revenue: $82,527,450 (+4.25 percent)
  • Sports betting revenue: $5,519,340
  • Total gaming revenue (including sports): $314,644,471

The Individual Casino Performances

 CASINO MAR-19 MAR-18 CHANGE %
Parx Casino $56,799,077 $54,635,233 3.96%
Sands Casino Resort Bethlehem $50,935,397 $46,770,619 8.90%
Rivers Casino $35,757,627 $33,546,172 6.59%
SugarHouse Casino $27,524,093 $28,705,735 -4.12%
Harrah’s Philadelphia $25,056,283 $24,767,142 1.17%
Hollywood Casino $24,038,736 $23,696,663 1.44%
The Meadows Casino $22,897,366 $23,442,457 -2.33%
Mohegan Sun Pocono $21,514,508 $22,749,633 -5.43%
Mount Airy Casino Resort $16,347,609 $15,497,865 5.48%
Valley Forge Casino Resort $13,154,276 $11,575,606 13.64%
Presque Isle Downs and Casino $12,345,643 $11,892,259 3.81%
Lady Luck Casino Nemacolin $2,754,516 $3,236,628 -14.90%

The stellar gaming results recorded in March were aided but a record performance by table games during the – the gaming vertical brought in more than $82.5 million – the closest to this amount was recorded way back in April 2017 and it was almost $3 million lower than the current record. Slot machine revenue, on the other hand, raked in a total of $226.6 million and even though it is very impressive, it is still just the third-largest amount recorded by slot machines since the state’s gaming industry went live back in 2006.

Pa. Sports Betting

The Pennsylvania Gaming Control Board also released revenue figures for the state’s regulated sports wagering industry, which has been in operation since late last year. The licensed sportsbooks have enjoyed wagering handle of $44.5 million as well as revenue of $5.52 million in March 2019. This 30 percent rise in handle and a 300 percent increase in revenue was likely to have been boosted by the NCAA’s March Madness tournament.

Hopefully, March was not just a fluke for the state’s sportsbooks and it will be able to sustain that momentum. In fact, with online and mobile sports betting set to finally make their debut long before the July 15 launch date for the state’s online gaming industry.

General speaking, the Keystone State’s legal gambling market especially the newly launched offerings such as sports betting are performing very well and this is expected to get even better in the not so distant future.

Latest Headlines

Pa. Poker Rooms to Remain Closed When Casinos Reopen

The pressure to reopen the economy of the United States continues to mount. Already, several states including the Keystone State are drafting plans to reopen with the responsibility of seeing this through delegated to special authorities. In the case of Pennsylvania, the state gaming control board has recently laid out measures and guidelines that the […]

The Changing Face of Gambling Across the United States

It has been quite the ride since the coronavirus pandemic began wreaking havoc on the global economy. Over two months later and the United States, just like many other countries, is still struggling to deal with the issue. However, there is a lot of pressure to reopen the economy, and, as expected, this is raising […]

Pa.’s Great iGaming Performance Not Enough to Save Overall Gambling Revenue

Earlier this week, the Pennsylvania Gaming Control Board (PGCB) released the April revenue figures for the state’s gambling industry. As expected, the downtown that began on the onset of the coronavirus pandemic has continued to wreak havoc on the sector. Most of the state’s land-based casinos have had to remain closed as part of statewide […]

PokerStars Pa. Runs State’s Biggest Online Poker Tournament

Despite the ravaging impacts of the coronavirus pandemic, the world of online gambling has been finding ways to keep the fire burning. In Pennsylvania, the land-based gaming facilities have remained closed for a while but the online gambling operators have been hard at work striving to satisfy their growing customer bases. Hopefully, things return to […]

Rush Street Interactive Brings AGS Slots to Pennsylvania

Slots lovers in the Keystone State are in for some great news thanks to the addition of some new fun and exciting slot titles to two of the state’s online casinos. This is all thanks to the recent partnership between renowned gaming solutions developer AGS and Rush Street Interactive. The latter currently runs BetRivers.com and […]

Similar Stories in Gambling

Pa. Poker Rooms to Remain Closed When Casinos Reopen

The pressure to reopen the economy of the United States continues to mount. Already, several states including the Keystone State are drafting plans to reopen with the responsibility of seeing this through delegated to special authorities. In the case of Pennsylvania, the state gaming control board has recently laid out measures and guidelines that the […]

Pa.’s Great iGaming Performance Not Enough to Save Overall Gambling Revenue

Earlier this week, the Pennsylvania Gaming Control Board (PGCB) released the April revenue figures for the state’s gambling industry. As expected, the downtown that began on the onset of the coronavirus pandemic has continued to wreak havoc on the sector. Most of the state’s land-based casinos have had to remain closed as part of statewide […]

Penn National Records Revenue Drop in The First Quarter of 2020

Penn National Gaming Incorporated, one of the country’s biggest gaming brands, has been having a bit of a tough time navigating its business over the past few months. Just like many other businesses across the state, the casino operator has had to close down key parts of its operations as part of nationwide directives to […]

Wind Creek Bethlehem Eyes Pennsylvania’s Retail Sports Betting Market

Sports betting remains to be one of the most lucrative markets for gaming operators in the United States. Despite the cancellation and suspension of several sporting activities, some gaming operators are still very optimistic about the sector. One of the Keystone State-based gaming companies that still has its sights set on the sports betting scene […]