PA’s online casino industry continues to exceed all expectations, bringing in record revenues once again for May 2021.
May saw Pennsylvania’s online casinos again bring in record-breaking revenues at $110.7 million for the month. This figure was a 2.1% increase from April’s figures. All revenue accounted for comes from a combination of online slots, table games, and poker.
May’s revenue numbers were almost as high as those for March when PA saw the highest recorded monthly revenue at $111.6 million.
From May’s revenue, the state collected $41.7 million in taxes. These taxes go to fund programs for education, responsible gambling programs, and more all across Pennsylvania.
Table games and online slots set new records in May for revenue. Revenue from slots was up 73.2% to $67.2 million, while table games were up 153.2%, bringing in $31.4 million. Table games continue to increase in popularity each month, and casinos continue to supply new virtual and live dealer games to meet this demand.
Penn National Gaming’s Hollywood Casino was the month’s leader in iGaming revenue. The casino brought in total revenue of $41.1 million, $25.4 million from online slots, and $15.7 million from table games.
On the opposite side of things, Wind Creek reported a net loss of negative $1 million for May.
Hollywood Casino was issued a $50,000 fine from Pennsylvania’s Gaming Control Board due to the actions of two now-terminated employees.
The former employees are accused of “willfully funneled payments” to service providers, so those providers would make false disclosures to the PCGB, resulting in lower license fees.
Several land-based casinos were also issued fines and non-monetary sanctions for various violations.