PA Gaming revenue up almost 22% YOY

by Pride
Published 17/03/2023

The Pennsylvania Gaming Control Board today published revenue numbers for all forms of gaming available in the state including fantasy contests. The figures show that revenue for the month of February was up by 21.60% compared to the same time last year.

Key takeaways:

  • Total revenue for all forms of gaming including fantasy contests up by 21.60%
  • Online slot revenue is the highest again this, drawing in over $92 million 
  • Revenue at Parx Casino is up by 52.21%, Harrahs Philadelphia by 80.60%

The PA gaming industry continued with its bullish momentum for the second month of 2023. Gaming revenue for all forms of gambling was higher compared to the same period last year, offering stakeholders more cause for a positive outlook moving forward. 

More money spent on online slots 

Players spent over 36% more on online slots in February 2023 than they did in the same month last year. Over $92 million was collected from online slot machine wagering activity, only surpassed by land-based slots which drew just under $203 million. 

Inversely, interest in igaming poker weakened this year. Although a total of $2,655,713 was collected this February, the figure is almost 8% shy of the $2,881,123 achieved in the previous year. 

Over 80% growth in revenue for Harrah’s Philadelphia 

Gaming revenue for Harrah’s Philadelphia (Caesars Casino) surged by over 80% from the same period last year. The casino collected more than $5 million in revenue in February, claiming the poll position on the leaderboard. 

Hollywood Casino at Penn National did not perform badly either. The casino recorded 32.44% growth from the $42,661,587 reported in February last year. Other notable figures are Parx Casino with 52.21% growth and Valley Forge Casino Resort with 48.48%. 

February 2023 was another solid month for the PA gaming industry. Check back here for the latest in online casino gaming revenue and other related Pennsylvania gaming industry news.