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In Pennsylvania, online casinos continued a rocketing revenue run with a record in October of nearly $59.8 million.
That’s a healthy increase from the former record of $57 million set just a month before, according to the Pennsylvania Gaming Control Board (PGCB) figures.
Total gaming — retail casino slots and table games, online casinos, retail and online sportsbooks, poker, VGTs and fantasy contests — generated combined revenue of more than $320.2 million. That’s up 12.87% compared to revenue generated in October 2019.
The total tax revenue generated through all forms of gaming was more than $130.1 million during October 2020. Of that, $24.9 million came from iGaming.
Online table game revenue really jumps
In October, interactive slots took in nearly $40.4 million, online table games nearly $17 million and poker more than $2.4 million.
In September, online slots had accounted for more than $39.9 million in revenue, with an additional $14.7 million from online table games.
Also in October, total wagers on table games topped $1 billion — a first.
Online poker steady, VGT revenue up
With just one operator, PokerStars PA via Mount Airy Resort, online poker generated more than $2.4 million in October. That continues a trend down from $2.7 million in revenue in August.
Truck stop video gaming terminals generated nearly as much revenue as online poker — more than $2.4 million. There are now four operators with machines in 37 locations; each location has five machines.
Sports wagering handle hits new highs
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In October, sports betting was up significantly over the previous year, with a total handle of more than $525.8 million. That’s more than double the handle a year ago, when it was nearly $241.2 million.
Additionally, the taxable sports wagering revenue figure of $36.8 million for October 2020 set a record, eclipsing the previous monthly revenue high of more than $22.8 million in January of this year.
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Nov. 17 marks two years since the very first legal sportsbook opened in Pennsylvania.
Casino-based games down
Casino-based slots and table games, with COVID-19 capacity restrictions, were down 17.22% and 13.43%, respectively, but online gaming channels have made up the difference and then some.
A year ago, there were 23,786 slots on the casino floors, but there were just 16,611 in operation this October.
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October online casino breakdown by PA operator
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A complete breakdown of October revenue, including slots and table games by operator (online gaming license holder), can be found here:
| Casino Operator | Total Revenue | Slots Revenue | Table Games Revenue |
|---|---|---|---|
| Rivers Philly (SugarHouse & BetRivers) | $16.6 million | $14.1 million | $2.5 million |
| Penn National (DraftKings Casino) | $11.0 million | $5.1 million | $6.0 million |
| Valley Forge (FanDuel) | $10.0 million | $5.0 million | $5.0 million |
| Parx Casino | $5.9 million | $5.1 million | $793,000 |
| Mt. Airy (PokerStars & Fox Bet) | $4.5 million | $2.9 million | $1.6 million |
| Penn National (Hollywood Casino) | $4.5 million | $4.2 million | $269,000 |
| Mohegan Sun Pocono (Unibet) | $2.6 million | $2.1 million | $492,000 |
| Harrah's Philly (Caesars) | $774,000 | $628,000 | $146,000 |
| Wind Creek Casino | $596,000 | $534,000 | $62,000 |
| Presque Isle Downs (BetAmerica) | $485,000 | $375,000 | $110,000 |
| Live! Casino Philadelphia | $278,000 | $248,000 | $30,000 |
| Totals: | $57.3 million | $40.3 million | $17.0 million |
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Casino operators by the numbers
Five operators had total online casino revenue above $5 million.
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- Rivers Philly, which combines SugarHouse and BetRivers, topped $16.6 million, with more than $14 million in revenue from slots.
- Penn National/DraftKings topped $11 million in online revenue, with more than half from table games.
- Valley Forge/FanDuel hit more than $10 million in online revenue, with table games accounting for more than half.
- Mount Airy, which includes PokerStars and Fox Bet, brought in more than $9.4 million when online table games, online slots and online poker are combined.
- And Parx had nearly $6 million in iGaming revenue.
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Live! Casino Philadelphia, which is still new, trailed everyone with just $278,463 in total online revenue in its third full month in operation.
Lead image via Dreamstime.