The latest figures show that combined revenues for all sectors came to $456.8 million. This is the second largest revenue figure in history for the month of February.
Retail slots were the industry’s main source of revenue as PA casinos reported $202.8 million in slots revenue for the month. This was a 4.1% increase on February 2022 and a marginal increase on the previous month. Casinos also reported that revenue from table games grew by 0.18% to $74.5 million. Revenue from Video Gaming Terminals came to $3.3 million, a jump of 9.2% year-on-year while fantasy sports revenue fell by 16.3% to $1.3 million, half the figure reported in the previous month.
iGaming up by 28.5%
Pennsylvania Gambling Operators Report Significant Growth in FebruaryThe market leader in the iGaming sector was once again Hollywood Casino with $56.4 million for the month of February. This was more than twice the revenue figure reported by second-placed Valley Forge Casino Resort with $27.4 million in online revenues.
Sports betting revenues up by 9861.87%
Pennsylvania Gambling Operators Report Significant Growth in February revenues grew by 9861.87% to $62.2 million year-on-year following a negative reporting period in February 2022. Sportsbooks reported accepting over $599.5 million in wagers throughout the month, a 0.41% increase year-on-year. Of this figure, $555.7 million came through online sportsbooks resulting in $57.4 million in revenue. Meanwhile, the retail sector accepted just over $43.7 million in wagers generating $4.7 million in revenue.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.