Pennsylvania Online Casino and Poker Set Revenue Record in August

Can you believe it has already been one year in Pennsylvania since online casinos opened in the state? Of course, a lot has changed in the last year for online gaming with retail casinos being closed for a few months due to the coronavirus pandemic. With that said, online casino revenue has soared to new heights in August in the Keystone State. In August, PA online casinos and poker platforms brought in just under $56M in revenue. This is up from $54.5M in July, and set a record over May 2020 by just over $100K. With the tax split, that means the state of Pennsylvania receives $24M from online casino and poker in August, 2020.

For a full look at the August report, check the Pennsylvania Gaming Control Board’s report here.

 

Online Casino Games in PA Bring in $55.9M in August

The majority of the online casino gaming revenue comes from table games and slots, as it always does. Here is a look at the breakdown:

Gaming Type	August Revenue
Online Casino Slots	$39,630,603
Online Casino Table Games	$13,572,723
Online Poker	$2,729,199
Total	$55,932,525

 

With a slight increase over July numbers, it is great to see growth for the PA online casinos given the revenue that comes in for the state at a much-needed time. The only casino game type that went down from July was online poker, decreasing from $2.9M to $2.7M. Looking at slots and table games showing an increase means that even with sports beginning to return, the popularity is there for those who wish to gamble online. September numbers will be interesting to see with professional football returning.

 

 

Rivers Online Casino Leads all PA Casinos in Revenue

Online Casino	Online Casino Revenue
Rivers Casino Philadelphia	$17,141,834
Valley Forge Casino Resort – FanDuel Casino	$8,710,564
Parx Casino	$7,450,881
Mount Airy Casino Resort	$6,857,924
Penn National – DraftKings Casino	$6,560,733
Penn National – HollywoodCasino.com	$5,231,085

 

The above information is directly from the Pennsylvania Gaming Control Board’s report, showing the overwhelming dominance from Rivers Casino as the online casino leader in Pennsylvania. With $17.1M of the total $55.9M, that is just over 30.5% of the total market share of online casino revenue in August 2020. This is worth noting that Mount Airy has $2.7M from poker in August, and without that it would be seventh on the list of total revenue. After Rivers Casino celebrated their 10th anniversary, bringing home over 30% of the market share.

 

PA Sports Betting Revenue Eclipses $18M in August

More is on the way, as September is around the corner for PA sportsbooks. In August, PA had $18.2M in revenue, which is a great sign as sports are returning amidst the coronavirus pandemic. Seeing nearly $20M in revenue before football season is great news for the Keystone State, as September 2020 is set to be a record if expectations are true. With the NBA playoffs, NHL playoffs, US Open, NFL returning, and the beginning of the college football season, the September 2020 numbers are expected to be massive.

Pennsylvania did $364.98M in betting handle for August, resulting in over $18 in taxable revenue for the state. This was over a 125% increase from July numbers, and September 2020 are expected to be larger.