HARRISBURG – For the first time since legal gambling began in 2006, monthly revenue for Pennsylvania’s gaming industry has topped half a billion dollars.
The Pennsylvania Gaming Control Board reported Tuesday that the total revenue from all forms of gaming in the state, including fantasy tournaments, will be $515.3 million in March 2023. That’s an increase of 11.35% compared to revenues as of March 2022.
Casino games contributed $148.2 million in online revenue in March 2023 compared to $118.2 million in March 2022, an increase of 25.46%. Monthly revenue reports for slots, table games and overall iGaming revenue are set, according to the board.
The total tax revenue generated through games and fantasy contests for the month was $212.4 million.
Penn National Gaming Inc. based in Wyomissing had the most profitable business in the state during March. The Hollywood Casino at Penn National Race Course in Dauphin County saw revenue of $80.9 million, an increase of 27.02% over March 2022. That figure was about $12.4 million more than the Valley Casino. Forge in Upper Merion Township, had $68.5 million in revenue in March.
Hollywood Casino at Penn National saw most of its revenue come from online gaming, accounting for $62.3 million. Slot machines accounted for $13.9 million, and table games accounted for $2.6 million.
Hollywood Casino York, which opened in August 2021, had revenue of $9.4 million in March, with $7.1 million generated from slots.
The Hollywood Casino in Morgantown, which opens in December 2021, had a March revenue of $9.5 million, with $5.4 million generated from slots.
Among other local casinos:
• Valley Forge Casino has a total revenue of $68.5 million, with slots generating $9.9 million, $2.9 million from table games and $31.8 million from online gaming.
• Rivers Casino Philadelphia had $53.5 million in revenue, with online gaming generating $30.5 million, $13.1 million from slots and $8.2 million from table games.
• Hello! Casino Philadelphia reported $26.5 million in total revenue for March, with $13.1 million generated by slots, $9 million from table games and $4 million from online gaming.
Harrah’s Philadelphia, Chester reported $20 million in total revenue, including $11.4 million from slots, $2.5 million from table games and $4.3 million from online gaming.
• Video Gaming Terminal generated $3.8 million in revenue, with $2.2 million going to Penn National-owned Marquee by Penn.
Six casinos were downsized from last year.
Parx Casino in Bensalem had revenue for the month of $60.4 million, down 0.04% from March 2022; Wind Creek Bethlehem had revenue of $47.2 million, down 0.13% from last year; Rivers Casino Pittsburgh’s revenue for March was $35.5 million, down 0.14% from last year; Mohegan Pennsylvania had revenue for the month of $21.3 million, down 4.25% from March 2022; Presque Isle Downs and Casino had a March revenue of $9.1 million, down 20.67% year over year; and Lady Luck Casino Nemacolin had revenue for the month of $1.6 million, down 21.12% year over year.
Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, online games, sports games, fantasy contests and VGTs at licensed parking locations. , and judging online fantasy sports competitions.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two restaurant (Category 3) casinos and four mini-casinos (Category 4), e like Pennsylvania Gaming. Control Panel.
Casinos and other forms of gaming regulated by the board are expected to generate more than $2 billion in revenue by 2022.