In April, Pennsylvania’s gaming sector set a new high for revenue, with $461.6 million received from gamblers closely matching the previous record set in March. The good and rising statistics come from a handful of factors, according to PGCB Director of Communications Doug Harbach.
Players are continuing to feel at ease with the expanding iGaming offerings. In terms of retail gaming, more casinos have opened in the last two years, demonstrating industry maturity and providing gaming options in previously untapped markets.
Online Casinos Take the Lead in the US
Pennsylvania’s online casinos and poker rooms outpaced New Jersey’s in April. During the month, New Jersey pulled in $138 million, second only to Pennsylvania’s record of $142.7 million in a single month. Online casinos and poker rooms surged by 30.8 percent from $105.5 million to $308.7 million in April 2021.
On $4.2 billion in wagers, Pennsylvania online casino games made $135.1 million. Online slots brought in $101.5 million, while online table games brought in $33.4 million The remaining $2.9 million was generated through poker. With $1.8 million in revenue, PokerStars was the most profitable poker operator.
Sports Betting Declines
In April 2022, the amount of money gambled on sports was down 20% from the previous month. The sports betting statistics for April 2022, on the other hand, are up 19% year over year.
Most sports bets in the state were placed online – for April, it was 94 percent. FanDuel had the highest total betting handle at a whopping $226.6 million and gross revenue of $28.4 million in the state’s online sports betting market.
The following is a breakdown of all income earned by casinos, fantasy contests, and video gaming terminals owned by other vendors in April 2022, as well as a comparison to the total amounts generated the previous April.
|Source||April 2022 Total Revenue||April 2021 Total Revenue||% Change|
|Hollywood Casino at Penn National||$65,578,930||$53,530,883||22.51%|
|Valley Forge Casino Resort||$57,360,531||$37,297,830||53.79%|
|Wind Creek Bethlehem||$49,467,064||$36,912,700||34.01%|
|Rivers Casino Philadelphia||$49,134,718||$49,057,486||0.16%|
|Rivers Casino Pittsburgh||$31,580,942||$29,791,163||6.01%|
|Live! Casino Philadelphia||$25,640,507||$21,979,792||16.65%|
|Mohegan Sun Pocono||$22,626,524||$20,951,614||7.99%|
|Hollywood Casino at the Meadows||$20,992,967||$20,837,484||0.75%|
|Mount Airy Casino Resort||$20,118,284||$23,766,671||-15.35%|
|Presque Isle Downs and Casino||$11,076,244||$10,910,518||1.52%|
|Live! Casino Pittsburgh||$10,105,866||$7,910,551||27.75%|
|Hollywood Casino York||$8,102,910||n/a||n/a|
|Hollywood Casino Morgantown||$5,094,764||$1,139,054||347.28%|
|Video Gaming Terminals||$3,750,735||$3,851,012||-2.60%|
|Lady Luck Casino Nemacolin||$2,123,735||$2,166,424||-1.97%|