Sports betting revenues also increased by $3.2 million during AprilPennsylvania Breaks All-Time Gambling Revenue Record for Second Month in a Row when gambling operators reported revenues of $432.5 million. Pennsylvania Breaks All-Time Gambling Revenue Record for Second Month in a Row generated a combined $113.1 million in revenue. This was up by 22.05% compared to April 2021 but down by $5 million compared to the previous month. Online slots generated $76.7 million for the month, a drop of almost $3 million from the previous month while online table games generated $33.4 million, down from the $35.7 million in March. Internet poker generated just $2.9 million, down slightly from the $3.2 million generated in the previous month.
Hollywood Casino at Penn National was once again the iGaming market leader with over $45.2 million in revenue. Its nearest competitor Rivers Casino Philadelphia reported $28.8 million in revenue while Valley Forge Casino Resort generated just $21.5 million.
Sports betting activity dips but revenues increase
Pennsylvania Breaks All-Time Gambling Revenue Record for Second Month in a Row continues to recover from a disastrous February when licensed sportsbooks combined to lose $442,847. March saw the industry bounce back with revenues of $30.4 million while this upward trend continued through April as sports betting operators reported revenues of $33.6 million. This was a jump of 28% on the same period in 2021. Pennsylvania Breaks All-Time Gambling Revenue Record for Second Month in a Row Pennsylvania Breaks All-Time Gambling Revenue Record for Second Month in a RowAs a result, state taxes from sports betting in Pennsylvania for the month of March came to $12.1 million, a jump of 17.4% from the $10.3 million paid during the previous month.
Olivia Richardson
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.