Revenue from gaming in Pennsylvania reached $425.3 million in August 2022
The sources of income regulated by the Pennsylvania Board include slot machines, table games, sports betting, fantasy contests, and video gaming terminals (VGTs). Revenue from land-based slot machines fell by 4% year-over-year to $201.2 million, while income from retail table games decreased by 9% to $78.4 million.
Hollywood Casino at Penn National topped the list of the most profitable land-based establishments in Pennsylvania, generating $60.9 million—an increase of 22% compared to August 2021. Parx Casino in Philadelphia reported earnings of $56 million, down 4% from the previous year. Rivers Casino Philadelphia rounded out the top three with a revenue of $45 million.
Online gaming revenue surged by 20.8% to $107.1 million. Hollywood Casino at Penn National led this segment with $43.9 million, followed by Rivers Casino Philadelphia with $26.8 million and Valley Forge Casino Resort with $17.7 million. Tax revenue from online gaming in August amounted to $45.9 million.
Sports betting profits reached $336 million, a 4.1% increase from August 2021, when they stood at $348.5 million. Taxable revenue from sports betting was $33.9 million, marking an 88.5% rise compared to the same period in 2021.
Valley Forge, in partnership with FanDuel, maintained its top position in the sports betting sector with $132 million in revenue. Hollywood Casino secured second place with $91 million from its sportsbook operations, while Morgantown Resort reported $39.2 million. Additionally, the Hollywood Casino at Penn National and DraftKings reported a combined revenue of $24 million from sports betting.
In related news, SCCG Management has signed a partnership agreement with BGaming.
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