{"id":2106,"date":"2022-05-21T08:46:22","date_gmt":"2022-05-21T08:46:22","guid":{"rendered":"https:\/\/www.pennsylvaniacasinos.com\/news\/?p=2106"},"modified":"2022-05-21T08:46:22","modified_gmt":"2022-05-21T08:46:22","slug":"pennsylvania-posts-record-gaming-revenue-for-second-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.pennsylvaniacasinos.com\/news\/pennsylvania-posts-record-gaming-revenue-for-second-consecutive-month\/","title":{"rendered":"Pennsylvania Posts Record Gaming Revenue for Second Consecutive Month"},"content":{"rendered":"\n

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<\/a>. The good and rising statistics come from a handful of factors, according to PGCB Director of Communications Doug Harbach.<\/p>\n\n\n\n

Players are continuing to feel at ease with the expanding iGaming offerings<\/a>. 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.<\/strong><\/p>\n\n\n\n

Online Casinos Take the Lead in the US<\/h2>\n\n\n\n

Pennsylvania’s online casinos and poker rooms outpaced New Jersey’s in April. During the month, New Jersey pulled in $138 million<\/a>, 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.<\/strong><\/p>\n\n\n\n

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.<\/strong><\/p>\n\n\n\n

Sports Betting Declines<\/h2>\n\n\n\n

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.<\/p>\n\n\n\n

Most sports bets in the state were placed online \u2013 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.<\/p>\n\n\n\n

Operator Performance<\/h2>\n\n\n\n

 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.<\/p>\n\n\n\n

Source<\/strong><\/td>April 2022<\/strong> Total Revenue<\/strong><\/td>April 2021<\/strong> Total Revenue<\/strong><\/td>% Change<\/strong><\/td><\/tr>
Hollywood Casino at Penn National<\/td>$65,578,930<\/td>$53,530,883<\/td>22.51%<\/td><\/tr>
Valley Forge Casino Resort<\/td>$57,360,531<\/td>$37,297,830<\/td>53.79%<\/td><\/tr>
Parx Casino<\/td>$57,065,721<\/td>$62,944,591<\/td>-9.34%<\/td><\/tr>
Wind Creek Bethlehem<\/td>$49,467,064<\/td>$36,912,700<\/td>34.01%<\/td><\/tr>
Rivers Casino Philadelphia<\/td>$49,134,718<\/td>$49,057,486<\/td>0.16%<\/td><\/tr>
Rivers Casino Pittsburgh<\/td>$31,580,942<\/td>$29,791,163<\/td>6.01%<\/td><\/tr>
Live! Casino Philadelphia<\/td>$25,640,507<\/td>$21,979,792<\/td>16.65%<\/td><\/tr>
Mohegan Sun Pocono<\/td>$22,626,524<\/td>$20,951,614<\/td>7.99%<\/td><\/tr>
Hollywood Casino at the Meadows<\/td>$20,992,967<\/td>$20,837,484<\/td>0.75%<\/td><\/tr>
Mount Airy Casino Resort<\/td>$20,118,284<\/td>$23,766,671<\/td>-15.35%<\/td><\/tr>
Harrah’s Philadelphia<\/td>$20,092,750<\/td>$19,001,654<\/td>5.74%<\/td><\/tr>
Presque Isle Downs and Casino<\/td>$11,076,244<\/td>$10,910,518<\/td>1.52%<\/td><\/tr>
Live! Casino Pittsburgh<\/td>$10,105,866<\/td>$7,910,551<\/td>27.75%<\/td><\/tr>
Hollywood Casino York<\/td>$8,102,910<\/td>n\/a<\/td>n\/a<\/td><\/tr>
Hollywood Casino Morgantown<\/td>$5,094,764<\/td>$1,139,054<\/td>347.28%<\/td><\/tr>
Video Gaming Terminals<\/td>$3,750,735<\/td>$3,851,012<\/td>-2.60%<\/td><\/tr>
Lady Luck Casino Nemacolin<\/td>$2,123,735<\/td>$2,166,424<\/td>-1.97%<\/td><\/tr>
Fantasy Contests<\/td>$1,711,425<\/td>$2,056,266<\/td>-16.77%<\/td><\/tr>
Statewide Total<\/strong><\/td>$461,624,617<\/strong><\/td>$404,105,692<\/strong><\/td>14.23%<\/strong><\/td><\/tr><\/tbody><\/table>
https:\/\/gamingcontrolboard.pa.gov\/?pr=991<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"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 […]","protected":false},"author":7,"featured_media":1731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[40,64,462,80,97],"class_list":["post-2106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-igaming","tag-new-jersey","tag-online-casinos","tag-pgcb","tag-revenue"],"acf":[],"yoast_head":"\nPennsylvania Posts Record Gaming Revenue for Second Consecutive Month - PennsylvaniaCasinos.com News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pennsylvaniacasinos.com\/news\/pennsylvania-posts-record-gaming-revenue-for-second-consecutive-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pennsylvania Posts Record Gaming Revenue for Second Consecutive Month - PennsylvaniaCasinos.com News\" \/>\n<meta property=\"og:description\" content=\"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. 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