PRESS RELEASE
Monthly Pennsylvania Gaming Revenue Exceeds A Half Billion Dollars For the First Tim
Gaming Control Board reports that numerous revenue records were broken in the iGaming sector
HARRISBURG, PA: The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming along with fantasy contests during March 2023 was $515,278,831, an increase of 11.35% compared to revenue generated in March 2022. The PGCB also noted that this monthly revenue number exceeded the half billion mark for the first time since legalized gambling began in 2006.
Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). The PGCB has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.
The following chart compiles all revenue generated in March 2023 by casinos along with fantasy contests and VGTs operated by other vendors and includes a comparison to total revenue generated in March 2022.
|
March 2023 Total Revenue |
March 2022 Total Revenue |
% Change |
|
|
Hollywood Casino at Penn National |
$80,928,428 |
$63,711,802 |
27.02% |
|
Valley Forge Casino Resort |
$68,510,263 |
$51,804,108 |
32.25% |
|
Parx Casino |
$60,440,432 |
$60,464,278 |
-0.04% |
|
Rivers Casino Philadelphia |
$53,461,999 |
$54,511,287 |
-1.92% |
|
Wind Creek Bethlehem |
$47,247,055 |
$47,310,388 |
-0.13% |
|
Rivers Casino Pittsburgh |
$35,491,060 |
$35,539,640 |
-0.14% |
|
Hollywood Casino at the Meadows |
$31,196,409 |
$20,526,543 |
51.98% |
|
Live! Casino Philadelphia |
$26,546,348 |
$25,108,734 |
5.73% |
|
Mount Airy Casino Resort |
$21,718,881 |
$20,330,202 |
6.83% |
|
Mohegan Pennsylvania |
$21,323,198 |
$22,270,101 |
-4.25% |
|
Harrah's Philadelphia |
$20,012,094 |
$18,717,891 |
6.91% |
|
Live! Casino Pittsburgh |
$10,529,738 |
$10,030,575 |
4.98% |
|
Hollywood Casino Morgantown |
$9,472,589 |
$5,676,616 |
66.87% |
|
Hollywood Casino York |
$9,390,319 |
$7,906,944 |
18.76% |
|
Presque Isle Downs and Casino |
$9,144,781 |
$11,527,738 |
-20.67% |
|
Video Gaming Terminals |
$3,757,506 |
$3,829,287 |
-1.87% |
|
Parx Shippensburg |
$3,065,542 |
n/a |
n/a |
|
Lady Luck Casino Nemacolin |
$1,643,538 |
$2,083,522 |
-21.12% |
|
Fantasy Contests |
$1,398,651 |
$1,390,443 |
0.59% |
|
Statewide Total |
$515,278,831 |
$462,740,098 |
11.35% |
Total tax revenue generated collectively through all forms of gaming and fantasy contests was $212,372,453* during March 2023.
March Revenue by Game Type
The PGCB is also providing a synopsis of revenue year-over-year by types of games:
|
Type of Gaming Revenue |
March 2023 |
March 2022 |
% Change |
|
Retail Slots Revenue |
$225,408,088 |
$214,721,028 |
4.98% |
|
iGaming Slot Revenue |
$104,827,884 |
$79,196,510 |
32.36% |
|
Retail Tables Revenue |
$85,880,299 |
$94,280,351 |
-8.91% |
|
Sports Wagering Revenue |
$50,645,259 |
$30,400,581 |
66.59% |
|
iGaming Tables Revenue |
$40,471,434 |
$35,681,701 |
13.42% |
|
Video Gaming Terminals Revenue |
$3,757,506 |
$3,829,287 |
-1.87% |
|
iGaming Poker Revenue |
$2,889,710 |
$3,240,197 |
-10.82% |
|
Fantasy Contests Revenue |
$1,398,651 |
$1,390,443 |
0.59% |
|
Total Gaming Revenue |
$515,278,831 |
$462,740,098 |
11.35% |
March’s revenue from slot machines was $225,408,088, a 4.98% increase in revenue when compared to the $214,721,028 generated in March 2022.
The number of slot machines in operation in March 2023 was 25,643 compared to 26,107 at the casinos in March 2022.
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.
|
March 2023 Slots Revenue |
March 2022 Slots Revenue |
% Change |
|
|
Parx Casino |
$35,132,544 |
$35,963,619 |
-2.31% |
|
Wind Creek Bethlehem |
$24,952,451 |
$23,723,937 |
5.18% |
|
Rivers Casino Pittsburgh |
$24,914,181 |
$24,751,360 |
0.66% |
|
Mohegan Pennsylvania |
$16,497,467 |
$16,723,219 |
-1.35% |
|
Hollywood Casino at the Meadows |
$15,719,771 |
$13,932,518 |
12.83% |
|
Hollywood Casino at Penn National |
$13,876,054 |
$14,506,993 |
-4.35% |
|
Rivers Casino Philadelphia |
$13,140,061 |
$10,817,426 |
21.47% |
|
Live! Casino Philadelphia |
$13,063,698 |
$11,533,574 |
13.27% |
|
Mount Airy Casino Resort |
$12,877,395 |
$11,181,990 |
15.16% |
|
Harrah's Philadelphia |
$11,429,140 |
$12,849,713 |
-11.06% |
|
Valley Forge Casino Resort |
$9,902,697 |
$9,455,462 |
4.73% |
|
Live! Casino Pittsburgh |
$8,938,923 |
$8,462,084 |
5.64% |
|
Presque Isle Downs and Casino |
$8,091,267 |
$8,702,808 |
-7.03% |
|
Hollywood Casino York |
$7,136,738 |
$5,927,823 |
20.39% |
|
Hollywood Casino Morgantown |
$5,356,662 |
$4,293,462 |
24.76% |
|
Parx Shippensburg |
$2,903,476 |
n/a |
n/a |
|
Lady Luck Casino Nemacolin |
$1,475,563 |
$1,895,040 |
-22.14% |
|
Statewide Total |
$225,408,088 |
$214,721,028 |
4.98% |
Tax revenue from the play of slots machines in March of 2023 was $114,424,145*.
Retail Table games revenue for March 2023 was down year over year with revenue of $85,880,299 showing a decrease of 8.91% from March 2022 when revenue was $94,280,351.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.
|
March 2023 Table Games Revenue |
March 2022 Table Games Revenue |
% Change |
|
|
Wind Creek Bethlehem |
$19,972,721 |
$21,765,184 |
-8.24% |
|
Parx Casino |
$17,802,035 |
$19,602,465 |
-9.18% |
|
Live! Casino Philadelphia |
$9,001,914 |
$9,393,694 |
-4.17% |
|
Rivers Casino Pittsburgh |
$8,540,581 |
$8,907,577 |
-4.12% |
|
Rivers Casino Philadelphia |
$8,229,283 |
$11,932,731 |
-31.04% |
|
Hollywood Casino at the Meadows |
$3,166,496 |
$2,149,724 |
47.30% |
|
Mount Airy Casino Resort |
$2,988,812 |
$3,553,194 |
-15.88% |
|
Valley Forge Casino Resort |
$2,904,805 |
$3,033,730 |
-4.25% |
|
Mohegan Pennsylvania |
$2,702,823 |
$2,870,673 |
-5.85% |
|
Hollywood Casino at Penn National |
$2,603,090 |
$2,565,120 |
1.48% |
|
Harrah's Philadelphia |
$2,507,003 |
$2,629,336 |
-4.65% |
|
Hollywood Casino York |
$1,621,802 |
$1,776,436 |
-8.70% |
|
Live! Casino Pittsburgh |
$1,501,829 |
$1,459,790 |
2.88% |
|
Hollywood Casino Morgantown |
$1,102,544 |
$978,888 |
12.63% |
|
Presque Isle Downs and Casino |
$910,855 |
$1,473,329 |
-38.18% |
|
Lady Luck Casino Nemacolin |
$167,975 |
$188,482 |
-10.88% |
|
Parx Shippensburg |
$155,732 |
n/a |
n/a |
|
Statewide Total |
$85,880,299 |
$94,280,351 |
-8.91% |
Total tax revenue from table games play during March 2023 was $14,017,696*.
Internet Casino-Type Gaming (iGaming) Revenue
Casino games offered online generated gross revenue of $148,189,028 during March 2023 compared to $118,118,408 in March 2022 an increase of 25.46%. Monthly revenue records were set for slots, table games and overall iGaming revenue.
A breakdown of revenue of casino games offered online is as follows:
|
Total Internet Games Revenue |
Internet Slots Revenue |
Internet Table Games Revenue |
Internet Poker Revenue |
|
|
Hollywood Casino at Penn National |
$62,302,880 |
$43,861,567 |
$18,085,165 |
$356,148 |
|
Valley Forge Casino Resort |
$31,817,902 |
$17,475,738 |
$14,342,164 |
|
|
Rivers Casino Philadelphia |
$30,548,308 |
$26,857,984 |
$3,560,814 |
$129,511 |
|
Parx Casino |
$5,644,943 |
$4,698,205 |
$946,738 |
|
|
Mount Airy Casino Resort |
$5,186,941 |
$2,292,924 |
$1,104,356 |
$1,789,662 |
|
Harrah’s Philadelphia |
$4,266,748 |
$3,204,086 |
$1,062,662 |
|
|
Live! Philadelphia |
$3,997,450 |
$3,293,820 |
$703,630 |
|
|
Mohegan Pennsylvania |
$2,334,238 |
$1,420,661 |
$299,188 |
$614,389 |
|
Wind Creek Bethlehem |
$2,089,618 |
$1,722,901 |
$366,717 |
|
|
Statewide Total |
$148,189,028 |
$104,827,884 |
$40,471,434 |
$2,889,710 |
Tax revenue generated from internet gaming play during March 2023 was $63,534,618*.
Total iGaming revenue for each of the casinos during March 2023 and March 2022, if applicable, is as follows:
|
Operator |
March 2023 |
March 2022 |
% Change |
|
Hollywood Casino at Penn National |
$62,302,880 |
$45,050,696 |
38.30% |
|
Valley Forge Casino Resort |
$31,817,902 |
$23,933,707 |
32.94% |
|
Rivers Casino Philadelphia |
$30,548,308 |
$30,206,181 |
1.13% |
|
Parx Casino |
$5,644,943 |
$2,894,565 |
95.02% |
|
Mount Airy Casino Resort |
$5,186,941 |
$4,990,655 |
3.93% |
|
Harrah’s Philadelphia |
$4,266,748 |
$3,139,227 |
35.92% |
|
Live! Casino Philadelphia |
$3,997,450 |
$3,284,507 |
21.71% |
|
Mohegan Pennsylvania |
$2,334,238 |
$2,271,858 |
2.75% |
|
Wind Creek Bethlehem |
$2,089,618 |
$1,514,134 |
38.01% |
|
Presque Isle Downs and Casino |
n/a |
$832,877 |
n/a |
|
Statewide Total |
$148,189,028 |
25.46% |
Sports Wagering Revenue
March 2023 total sports wagering handle was $723,545,806 or 1.20% above the March 2022 total of $714,976,578. At the same time, the taxable revenue figure for March 2023 was $50,645,259 or 66.59% higher when compared to March 2022 when taxable revenue was $30,400,581.
March 2023 sports wagering total handle and revenue is as follows:
|
Total Handle3 |
Retail Revenue |
Online Revenue |
Total Revenue |
|
|
Valley Forge Casino Resort |
$280,736,701 |
$120,463 |
$23,764,395 |
$23,884,858 |
|
Hollywood Casino at the Meadows |
$187,855,892 |
$375,828 |
$11,934,315 |
$12,310,143 |
|
Hollywood Casino Morgantown |
$56,430,674 |
$79,982 |
$2,933,402 |
$3,013,384 |
|
Hollywood Casino at Penn National |
$36,988,969 |
$206,392 |
$1,940,012 |
$2,146,404 |
|
Rivers Pittsburgh |
$32,068,733 |
$575,496 |
$1,460,802 |
$2,036,298 |
|
Parx Casino |
$16,848,708 |
$712,401 |
$870,248 |
$1,582,649 |
|
Rivers Philadelphia |
$30,506,659 |
$1,024,004 |
$520,343 |
$1,544,347 |
|
Harrah's Philadelphia |
$40,437,541 |
$223,871 |
$970,942 |
$1,194,813 |
|
Mount Airy Casino Resort |
$6,236,077 |
$49,446 |
$616,287 |
$665,733 |
|
Hollywood Casino York |
$11,998,397 |
$65,142 |
$566,637 |
$631,779 |
|
Live! Philadelphia |
$7,129,473 |
$444,804 |
$38,482 |
$483,286 |
|
Mohegan Pennsylvania |
$6,349,474 |
$148,148 |
$134,435 |
$282,584 |
|
Wind Creek Bethlehem |
$4,071,165 |
$248,692 |
-$16,428 |
$232,264 |
|
South Philly Race & Sportsbook1 |
$1,717,189 |
$215,950 |
$0 |
$215,950 |
|
Presque Isle Downs and Casino |
$837,821 |
$142,659 |
$0 |
$142,659 |
|
Mohegan Sun Lehigh Valley2 |
$1,674,007 |
$120,476 |
$0 |
$120,476 |
|
Live! Pittsburgh |
$1,344,571 |
$88,986 |
$0 |
$88,986 |
|
Parx Malvern1 |
$291,682 |
$62,311 |
$0 |
$62,311 |
|
Parx Shippensburg |
$22,074 |
$6,335 |
$0 |
$6,335 |
|
$723,545,806 |
$4,911,385 |
$45,733,874 |
$50,645,259 |
1 Operated by Parx Casino
2 Operated by Mohegan Pennsylvania
3 A breakout of the handle between retail and online sportsbooks can be found on the website report.
Sports wagering revenue for each of the casinos for March 2023 and March 2022, if applicable, is as follows:
|
Operator |
March 2023 Sports Wagering Revenue |
March 2022 Sports Wagering Revenue |
% Change |
|
Valley Forge Casino Resort |
$23,884,858 |
$15,381,207 |
55.29% |
|
Hollywood Casino at the Meadows |
$12,310,143 |
$4,444,302 |
176.99% |
|
Hollywood Casino Morgantown |
$3,013,384 |
$404,266 |
645.40% |
|
Hollywood Casino at Penn National |
$2,146,404 |
$1,588,993 |
35.08% |
|
Rivers Pittsburgh |
$2,036,298 |
$1,880,703 |
8.27% |
|
Parx Casino |
$1,582,649 |
$1,663,452 |
-4.86% |
|
Rivers Philadelphia |
$1,544,347 |
$1,554,948 |
-0.68% |
|
Harrah's Philadelphia |
$1,194,813 |
$99,615 |
1099.43% |
|
Mount Airy Casino Resort |
$665,733 |
$604,363 |
10.15% |
|
Hollywood Casino York |
$631,779 |
$202,685 |
211.70% |
|
Live! Philadelphia |
$483,286 |
$896,959 |
-46.12% |
|
Mohegan Pennsylvania |
$282,584 |
$283,361 |
-0.27% |
|
Wind Creek Bethlehem |
$232,264 |
$307,133 |
-24.38% |
|
South Philly Race & Sportsbook1 |
$215,950 |
$306,623 |
-29.57% |
|
Presque Isle Downs and Casino |
$142,659 |
$518,724 |
-72.50% |
|
Mohegan Sun Lehigh Valley2 |
$120,476 |
$120,990 |
-0.42% |
|
Live! Pittsburgh |
$88,986 |
$108,701 |
-18.14% |
|
Parx Malvern |
$62,311 |
$33,553 |
85.71% |
|
Parx Shippensburg |
$6,335 |
n/a |
n/a |
|
Statewide Total |
$50,645,259 |
$30,400,581 |
66.59% |
1Operated by Parx Casino
2 Operated by Mohegan Pennsylvania
Tax revenue generated from sports wagering during March 2023 was $18,232,293*.
Video Gaming Terminals
Total adjusted revenue for March 2023 for video gaming terminals (VGTs) was $3,757,506 or 1.87% lower than March 2022 when revenue was $3,829,287. By the close of March 2023, VGT Terminal Operators were operating the maximum permitted five machines at 66 qualified truck stop establishments compared to five machines at 63 establishments at this time last year.
Truck Stop VGT adjusted revenue for each of the terminal operators during March 2023 is as follows:
|
VGTs Terminal Operator |
March 2023 VGT Revenue |
March 2022 VGT Revenue |
% Change |
|
Marquee by Penn1 |
$2,239,167 |
$2,348,688 |
-4.66% |
|
J&J Ventures Gaming2,4 |
$1,162,180 |
$1,098,990 |
5.75% |
|
Jango3 |
$356,158 |
$381,609 |
-6.67% |
|
Statewide Total |
$3,757,506 |
$3,829,287 |
1 operated VGTs in 28 establishments during March
2 operates VGTs in 28 establishments during March
3 operates VGTs in 10 establishments during March
4J&J Ventures Gaming acquired Commonwealth Gaming during September 2022; revenue & establishment figures are derived by combining the two entities
Tax revenue collected from the play of VGTs in March 2023 was $1,953,903*.
Fantasy Contests
Fantasy Contests revenue was $1,398,651 in March 2023, an increase of 0.59% over March 2022, when revenue was $1,390,443.
Fantasy Contests adjusted revenue for each of the operators which had revenue for March 2023 and March 2022 are displayed in the following table:
|
March 2023 Fantasy Revenue |
March 2022 Fantasy Revenue |
% Change |
|
|
DraftKings |
$948,301 |
$758,980 |
24.94% |
|
FanDuel |
$387,273 |
$606,333 |
-36.13% |
|
Underdog Sports, Inc. |
$49,435 |
$13,672 |
261.59% |
|
No House Advantage |
$7,047 |
$205 |
3337.45% |
|
Yahoo Fantasy Sports |
$5,209 |
$10,475 |
-50.27% |
|
Fantasy Sports Games LLC |
$1,434 |
$765 |
87.60% |
|
OwnersBox |
$89 |
n/a |
n/a |
|
Sportshub Technologies |
-$4 |
$14 |
n/a |
|
Jock MKR |
-$135 |
n/a |
n/a |
|
Statewide Total |
$1,398,651 |
$1,390,443 |
0.59% |
Tax revenue collected from the play of Fantasy Contests in March 2023 was $209,798*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling involving 17 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4). A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated over $2 billion in tax revenue in 2022.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling involving 17 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4). A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated $2.54 billion in tax revenue in Fiscal Year 2023/24.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov.