The Commonwealth of Pennsylvania’s gambling income reached a new peak in March, hitting $462.7 million. This marks another significant achievement for the state’s online gambling and physical table game earnings.
Pennsylvania’s gambling income reached a new peak of $462.7 million. The overall market income was 14.7% higher than the $403.1 million recorded in March of the previous year and 23.2% higher than the $375.7 million recorded in February of this year.
According to information released by the Pennsylvania Gaming Control Board (PGCB), nearly all market segments experienced year-over-year growth, with the online gambling sector performing exceptionally well. Revenue in this sector increased by 20.9% to a record $118.1 million.
Online slot machine income for the month was $79.2 million, online table game income was $35.7 million, and internet poker income was $3.2 million.
In online gambling, the state’s Hollywood Casino at Penn National Race Course led the way with $45.1 million in income, followed by Rivers Casino Philadelphia with $30.2 million, and Valley Forge Casino Resort in third place with $23.9 million.
Turning to sports betting, income for the month increased by 3.6% to $30.4 million. This follows Pennsylvania’s first monthly sports betting loss of $442,847 in February of this year.
Online sports betting income was $25.4 million, while retail income was $5 million. The state’s betting handle in March increased by 27.6% year-over-year to $715 million.
Forge Valley, in collaboration with FanDuel, remains the leading force in sports wagering, securing a substantial $15.4 million in March. Meadows’ Hollywood Casino Barstool Sportsbook claimed the second spot with $4.4 million, trailed by Pittsburgh’s Rivers Casino and BetRivers, which generated $1.9 million.
In the realm of physical casinos, slot machines continue to reign supreme, generating $214.7 million in March, reflecting a 7.7% increase from the previous year. However, table games are experiencing a surge in popularity, with revenue skyrocketing 32.1% to an unprecedented $94.3 million.
The Pennsylvania Gaming Control Board also revealed that video lottery terminal revenue rose 5.2% to $3.8 million, while fantasy sports revenue experienced a decline of 22.7% to $1.4 million. This is the sole segment that did not witness growth in March.
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