Pennsylvania Gaming Control Board reports 9% revenue increase in total gaming revenue in February
Friday 22 de March 2024 / 12:00
2 minutos de lectura
(Harrisburg).- The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during February 2024 was $499,093,210, an increase of 9.25% compared to revenue generated in February 2023.
Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). The PGCB has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.
Total tax revenue generated collectively through all forms of gaming and fantasy contests was $204,961,221* during February 2024.
The following chart compiles all revenue generated in February 2024 by casinos, along with fantasy contests and VGTs operated by other vendors and includes a comparison to total revenue generated in February 2023.
Source
| February 2024
| February 2023
| % Change
|
Hollywood Casino at Penn National Race Course
| $91,974,281
| $72,567,559
| 26.74%
|
Valley Forge Casino Resort
| $74,079,438
| $61,359,658
| 20.73%
|
Parx Casino
| $51,377,842
| $54,508,417
| -5.74%
|
Rivers Casino Philadelphia
| $48,256,110
| $47,459,589
| 1.68%
|
Wind Creek Bethlehem
| $45,096,268
| $39,738,511
| 13.48%
|
Rivers Casino Pittsburgh
| $28,654,042
| $30,604,979
| -6.37%
|
Live! Casino Philadelphia
| $25,951,263
| $23,692,920
| 9.53%
|
Hollywood Casino at the Meadows
| $23,164,741
| $26,532,683
| -12.69%
|
Harrah's Philadelphia
| $20,700,593
| $18,629,679
| 11.12%
|
Mohegan Pennsylvania
| $19,238,989
| $18,921,264
| 1.68%
|
Mount Airy Casino Resort
| $18,714,814
| $20,278,728
| -7.71%
|
Live! Casino Pittsburgh
| $10,273,837
| $9,394,324
| 9.36%
|
Presque Isle Downs and Casino
| $8,819,923
| $8,618,452
| 2.34%
|
Hollywood Casino York
| $8,701,865
| $8,448,229
| 3.00%
|
Hollywood Casino Morgantown
| $5,983,508
| $6,564,715
| -8.85%
|
Golden Nugget
| $5,700,067
| n/a
| n/a
|
Parx Shippensburg
| $3,257,117
| $3,242,000
| 0.47%
|
Video Gaming Terminals
| $3,233,524
| $3,313,019
| -2.40%
|
Bally's Pennsylvania
| $3,009,318
| n/a
| n/a
|
The Casino at Nemacolin
| $1,632,120
| $1,620,856
| 0.69%
|
Fantasy Contests
| $1,273,552
| $1,342,936
| -5.17%
|
Statewide Total
| $499,093,210
| $456,838,518
| 9.25%
|
February Revenue by Game Type
The PGCB is also providing a synopsis of revenue year-over-year by types of games:
Type of Gaming Revenue
| February 2024
| February 2023
| % Change
|
Retail Slots Revenue
| $202,742,794
| $202,822,213
| -0.04%
|
iGaming Slot Revenue
| $125,864,307
| $92,830,999
| 35.58%
|
Retail Tables Revenue
| $76,645,816
| $74,505,042
| 2.87%
|
iGaming Tables Revenue
| $56,644,687
| $36,138,419
| 56.74%
|
Sports Wagering Revenue
| $30,252,627
| $43,230,177
| -30.02%
|
Video Gaming Terminals Revenue
| $3,233,524
| $3,313,019
| -2.40%
|
iGaming Poker Revenue
| $2,435,905
| $2,655,713
| -8.28%
|
Fantasy Contests Revenue
| $1,273,552
| $1,342,936
| -5.17%
|
Total Gaming Revenue
| $499,093,210
| $456,838,518
| 9.25%
|
Slot Machine Revenue
This February’s revenue from the play of retail slot machines was $202,742,794, a 0.04% decrease in revenue when compared to the $202,822,213 generated in February 2023.
The number of slot machines in operation in February 2024 was 24,962 compared to 25,708 at the casinos in February 2023.
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Casino
| February 2024
| February 2023 Slots Revenue
| % Change
|
Parx Casino
| $29,738,421
| $30,740,516
| -3.26%
|
Wind Creek Bethlehem
| $24,173,576
| $23,301,781
| 3.74%
|
Rivers Casino Pittsburgh
| $21,841,589
| $22,782,802
| -4.13%
|
Mohegan Pennsylvania
| $14,929,210
| $14,593,874
| 2.30%
|
Hollywood Casino at the Meadows
| $13,586,805
| $14,067,256
| -3.42%
|
Live! Casino Philadelphia
| $13,092,296
| $10,837,698
| 20.80%
|
Mount Airy Casino Resort
| $12,354,899
| $12,034,257
| 2.66%
|
Rivers Casino Philadelphia
| $11,686,300
| $11,325,512
| 3.19%
|
Hollywood Casino at Penn National Race Course
| $11,309,957
| $12,508,714
| -9.58%
|
Harrah's Philadelphia
| $8,866,049
| $10,879,217
| -18.50%
|
Valley Forge Casino Resort
| $8,722,705
| $8,055,794
| 8.28%
|
Live! Casino Pittsburgh
| $8,560,283
| $8,065,421
| 6.14%
|
Presque Isle Downs and Casino
| $7,405,633
| $7,520,953
| -1.53%
|
Hollywood Casino York
| $6,932,884
| $6,754,056
| 2.65%
|
Hollywood Casino Morgantown
| $4,841,492
| $4,805,697
| 0.74%
|
Parx Shippensburg
| $3,203,369
| $3,042,310
| 5.29%
|
The Casino at Nemacolin
| $1,497,326
| $1,506,356
| -0.60%
|
Statewide Total
| $202,742,794
| $202,822,213
| -0.04%
|
Tax revenue from the play of slots machines in February 2024 was $102,239,835*.
Retail Table Games Revenue
Retail Table games revenue for February 2024 was $76,645,816, an increase of 2.87% from February 2023 when revenue was $74,505,042.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.
Casino
| February 2024
| February 2023 Table Games Revenue
| % Change
|
Wind Creek Bethlehem
| $18,990,800
| $14,920,128
| 27.28%
|
Parx Casino
| $15,936,069
| $17,023,072
| -6.39%
|
Live! Casino Philadelphia
| $9,231,997
| $8,306,670
| 11.14%
|
Rivers Casino Philadelphia
| $6,881,931
| $8,292,458
| -17.01%
|
Rivers Casino Pittsburgh
| $5,757,109
| $6,992,482
| -17.67%
|
Valley Forge Casino Resort
| $2,868,384
| $2,410,406
| 19.00%
|
Mount Airy Casino Resort
| $2,771,037
| $2,607,449
| 6.27%
|
Mohegan Pennsylvania
| $2,662,178
| $2,306,322
| 15.43%
|
Harrah's Philadelphia
| $2,397,582
| $2,865,251
| -16.32%
|
Hollywood Casino at Penn National Race Course
| $2,198,425
| $2,083,531
| 5.51%
|
Hollywood Casino at the Meadows
| $1,901,173
| $2,208,063
| -13.90%
|
Live! Casino Pittsburgh
| $1,502,117
| $1,270,514
| 18.23%
|
Hollywood Casino York
| $1,364,396
| $1,208,571
| 12.89%
|
Presque Isle Downs and Casino
| $1,297,372
| $987,411
| 31.39%
|
Hollywood Casino Morgantown
| $715,196
| $714,981
| 0.03%
|
The Casino at Nemacolin
| $134,795
| $114,500
| 17.72%
|
Parx Shippensburg
| $35,256
| $193,235
| -81.76%
|
Statewide Total
| $76,645,816
| $74,505,042
| 2.87%
|
Total tax revenue from table games play during February 2024 was $12,547,340*.
Internet Casino-Type Gaming (iGaming) Revenue
Casino games offered online generated monthly gross revenue totaling $184,944,898 during February 2024 compared to $131,625,131 in February 2023, an increase of 40.51%.
A breakdown of revenue of casino games offered online is as follows:
Casino Operator
| iSlots
| iTables Revenue
| iPoker Revenue
| Total iGaming Revenue
|
Hollywood Casino at Penn National Race Course
| $47,084,300
| $29,816,054
| $398,649
| $77,299,003
|
Valley Forge Casino Resort
| $27,992,628
| $16,764,507
|
| $44,757,134
|
Rivers Casino Philadelphia
| $25,415,584
| $3,728,043
| $126,171
| $29,269,797
|
Harrah’s Philadelphia
| $6,491,723
| $2,947,808
| $499,411
| $9,938,942
|
Golden Nugget
| $5,073,623
| $626,444
|
| $5,700,067
|
Parx Casino
| $4,235,552
| $713,031
|
| $4,948,582
|
Mount Airy Casino Resort
| $1,725,504
| $452,109
| $1,411,673
| $3,589,286
|
Live! Casino Philadelphia
| $2,749,209
| $562,835
|
| $3,312,044
|
Bally's Pennsylvania
| $2,679,348
| $329,970
|
| $3,009,318
|
Wind Creek Bethlehem
| $1,480,127
| $376,446
|
| $1,856,573
|
Mohegan Pennsylvania
| $936,710
| $327,441
|
| $1,264,151
|
Statewide Total
| $125,864,307
| $56,644,687
| $2,435,905
| $184,944,898
|
Tax revenue generated from internet gaming play during February 2024 was $77,410,635*.
Total iGaming revenue for each of the casinos during February 2024 and February 2023, if applicable, is as follows:
Operator
| February 2024
| February 2023
| % Change
|
Hollywood Casino at Penn National Race Course
| $77,299,003
| $56,499,257
| 36.81%
|
Valley Forge Casino Resort
| $44,757,134
| $27,465,487
| 62.96%
|
Rivers Casino Philadelphia
| $29,269,797
| $26,286,870
| 11.35%
|
Harrah’s Philadelphia
| $9,938,942
| $5,089,316
| 95.29%
|
Golden Nugget
| $5,700,067
| n/a
| n/a
|
Parx Casino
| $4,948,582
| $4,543,547
| 8.91%
|
Mount Airy Casino Resort
| $3,589,286
| $5,004,660
| -28.28%
|
Live! Casino Philadelphia
| $3,312,044
| $3,466,209
| -4.45%
|
Bally's Pennsylvania
| $3,009,318
| n/a
| n/a
|
Wind Creek Bethlehem
| $1,856,573
| $1,605,770
| 15.62%
|
Mohegan Pennsylvania
| $1,264,151
| $1,663,992
| -24.03%
|
Presque Isle Downs and Casino
| n/a
| $21
| n/a
|
Statewide Total
| $184,944,898
| $131,625,131
| 40.51%
|
Sports Wagering Revenue
February 2024, total sports wagering handle was $661,740,812 or 10.38% above the February 2023 total of $599,529,429.
At the same time, the taxable revenue figure for February 2024 was $30,252,627, or 30.02% lower when compared to February 2023, when taxable revenue was $43,230,177.
February 2024 sports wagering total handle and revenue is as follows:
Casino Operator
| Total
| Retail
| Online Revenue
| Total Revenue
|
Valley Forge Casino Resort
| $276,010,981
| $90,309
| $17,640,906
| $17,731,215
|
Hollywood Casino at the Meadows
| $177,255,919
| -$6,818
| $7,683,581
| $7,676,763
|
Hollywood Casino at Penn National
| $52,210,976
| $48,986
| $1,117,910
| $1,166,896
|
Rivers Casino Pittsburgh
| $23,546,319
| $190,183
| $865,161
| $1,055,345
|
Parx Casino
| $14,936,803
| $240,621
| $423,436
| $664,058
|
Hollywood Casino Morgantown
| $36,734,788
| $72,259
| $354,561
| $426,820
|
Rivers Casino Philadelphia
| $16,650,476
| $255,843
| $162,239
| $418,081
|
Hollywood Casino York
| $15,930,272
| $35,569
| $369,016
| $404,585
|
Mohegan Pennsylvania
| $5,122,730
| $79,838
| $253,898
| $333,736
|
Live! Casino Philadelphia
| $6,139,067
| $315,435
| -$509
| $314,926
|
Live! Casino Pittsburgh
| $1,128,582
| $211,436
| $0
| $211,436
|
Presque Isle Downs and Casino
| $560,182
| $116,917
| $0
| $116,917
|
South Philly Race & Sportsbook1
| $828,813
| $90,712
| $0
| $90,712
|
Wind Creek Bethlehem
| $1,643,908
| $100,593
| -$25,274
| $75,318
|
Mohegan Sun Lehigh Valley2
| $881,258
| $49,715
| $0
| $49,715
|
Parx Shippensburg
| $57,010
| $18,492
| $0
| $18,492
|
Mount Airy Casino Resort
| $517,592
| $6,257
| -$6,664
| -$408
|
Harrah's Philadelphia
| $31,585,137
| $182,444
| -$684,425
| -$501,981
|
Statewide Total
| $661,740,812
| $2,098,791
| $28,153,836
| $30,252,627
|
1 Operated by Parx Casino
2 Operated by Mohegan Pennsylvania
3 A breakout of the handle between retail and online sportsbooks can be found on the website report.
Sports wagering revenue for each of the casinos for February 2024 and February 2023, if applicable, is as follows:
Operator
| February 2024
| February 2023
| % Change
|
Valley Forge Casino Resort
| $17,731,215
| $23,427,971
| -24.32%
|
Hollywood Casino at the Meadows
| $7,676,763
| $10,257,364
| -25.16%
|
Hollywood Casino at Penn National Race Course
| $1,166,896
| $1,476,058
| -20.95%
|
Rivers Casino Pittsburgh
| $1,055,345
| $829,696
| 27.20%
|
Parx Casino
| $664,058
| $1,854,912
| -64.20%
|
Hollywood Casino Morgantown
| $426,820
| $1,044,037
| -59.12%
|
Rivers Casino Philadelphia
| $418,081
| $1,554,749
| -73.11%
|
Hollywood Casino York
| $404,585
| $485,603
| -16.68%
|
Mohegan Pennsylvania
| $333,736
| $200,831
| 66.18%
|
Live! Casino Philadelphia
| $314,926
| $1,082,342
| -70.90%
|
Live! Casino Pittsburgh
| $211,436
| $58,390
| 262.11%
|
Presque Isle Downs and Casino
| $116,917
| $110,067
| 6.22%
|
South Philly Race & Sportsbook1
| $90,712
| $274,917
| -67.00%
|
Wind Creek Bethlehem
| $75,318
| -$89,167
| n/a
|
Mohegan Sun Lehigh Valley2
| $49,715
| $156,245
| -68.18%
|
Parx Shippensburg
| $18,492
| $6,455
| 186.48%
|
Mount Airy Casino Resort
| -$408
| $632,362
| n/a
|
Harrah's Philadelphia
| -$501,981
| -$204,105
| -145.94%
|
Parx Malvern3
| n/a
| $71,452
| n/a
|
Statewide Total
| $30,252,627
| $43,230,177
| -30.02%
|
1Operated by Parx Casino
2 Operated by Mohegan Pennsylvania
3 No longer operating
Tax revenue generated from sports wagering during February 2024 was $10,890,946*.
Video Gaming Terminals
Total adjusted revenue for February 2024 for video gaming terminals (VGTs) was $3,233,524, or 2.4% lower than February 2023 when revenue was $3,313,019. By the end of February 2024, all VGT Operators offered the maximum permitted five machines at 72 qualified truck stop establishments, compared to five machines at 66 establishments at this time last year.
Truck Stop VGT adjusted revenue for each of the terminal operators during February 2024 is as follows:
VGTs Terminal Operator
| February 2024 VGT Revenue
| February 2023 VGT Revenue
| % Change
|
Marquee by Penn1
| $2,089,346
| $1,999,483
| 4.49%
|
J&J Ventures Gaming2
| $889,540
| $986,416
| -9.82%
|
Jango3
| $231,132
| $327,119
| -29.34%
|
Venture Gaming LLC4
| $21,732
| n/a
| n/a
|
Accel Entertainment Gaming5
| $1,774
| n/a
| n/a
|
Statewide Total
| $3,233,524
| $3,313,019
| -2.40%
|
Tax revenue collected from the play of VGTs in February 2024 was $1,681,433*.
Fantasy Contests
Fantasy Contests revenue was $1,273,552 in February 2024, a decrease of 5.17% over February 2023, when revenue was $1,342,936.
Fantasy Contests Operator
| February 2024 Fantasy Revenue
| February 2023 Fantasy Revenue
| % Change
|
DraftKings
| $739,925
| $816,402
| -9.37%
|
FanDuel
| $235,029
| $248,338
| -5.36%
|
Fantasy Football Players Championship
| $164,176
| $161,210
| 1.84%
|
Underdog Sports, Inc.
| $116,518
| $93,044
| 25.23%
|
Yahoo Fantasy Sports
| $8,652
| $7,354
| 17.64%
|
Fantasy Sports Games LLC
| $4,802
| $8,475
| -43.34%
|
Sportshub Technologies
| $2,315
| $5,774
| -59.91%
|
DataForce
| $2,129
| $1,909
| 11.54%
|
OwnersBox
| $24
| -$135
| n/a
|
Jock MKT
| -$19
| $33
| n/a
|
No House Advantage
| n/a
| $533
| n/a
|
Statewide Total
| $1,273,552
| $1,342,936
| -5.17%
|
Tax revenue collected from the play of Fantasy Contests in February 2024 was $191,033*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling involving 17 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4). A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated $2.35 billion in tax revenue during in 2023.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on X (formerly Twitter) by choosing @PAGamingControl.
Categoría:Gaming
Tags: Sin tags
País: United States
Región: North America
Event
GAT EXPO CARTAGENA DE INDIAS 2024
09 de April 2024
Unveiling innovations: WA.Technology's highlights from GAT Expo 2024
(Cartagena de Indias, SoloAzar Exclusive).- In an exclusive interview with Patricio Molloy, Business Development Latam at WA.Technology, we delve into the latest offerings showcased by this leading gaming solutions supplier firm at the GAT Expo Cartagena 2024. From a comprehensive iGaming platform to cutting-edge AI integration, discover how this company is shaping the future of gaming experiences in Latin America and beyond.
Monday 06 May 2024 / 12:00
Unmissable Round Table with experts on eSports at GAT
(Cartagena, SoloAzar Exclusive) eSports continue to grow in the Latin American gaming market. In this conference that was part of the GAT edition, a panel of specialists analyzes the present and future of eSports in the region and provides data on how to promote this growing area of the betting market.
Monday 06 May 2024 / 12:00
Repercussions of FECOLJUEGOS panel on challenges and the future of industry in Latin America in GAT 2024
(Cartagena, SoloAzar Exclusive).- Evert Montero Cárdenas, President of Fecoljuegos, and four member panelists from the institution, analyzed the challenges facing gambling operators in Latin America, within recent GAT 2024 event.
Friday 03 May 2024 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.