Pennsylvania Gambling Revenue Increased in April

The Pennsylvania Gaming Control Board released its latest report. It showed the performance of licensed gaming operators in April. Also, the Pennsylvania gambling revenue was around $477 million, an increase of 3.27 percent year-over-year.

According to sportsbook software reports, online slots and table games got the largest year-over-year in Pennsylvania. The regulators revealed online slots earned $95.6 million in April, an increase of 24.66 percent from the same month last year. On the other hand, online tables earned $38.9 million, an increase of 16.09 percent.

Sports betting revenue earned $37 million in April, an increase of 10.01 percent year-over-year. That is good news for people who open a sportsbook in the state. On the other hand, other gambling sectors saw a decrease year-over-year. According to betting software sources, fantasy sports contests earned $1.6 million, a decrease of 9.35 percent.

Pennsylvania Gambling Revenue

Pennsylvania Gambling Revenue Increased in AprilOnline poker revenue dropped around 7 percent. Video gaming terminals also dropped their revenue by 5.77 percent. Retail slots and table games also suffered reduced revenues in April.

The gaming industry recorded $477 million in revenue last month, a decline of more than $38 million from the data announced a month earlier, in March. In March, the state’s gambling industry generated a record $515.3 million in revenue. The state collected a total of $195.7 million in taxes based on the $476.7 million in revenue reported in April.

In terms of revenue per venue, Hollywood Casino Morgantown recorded the greatest rise in revenue last month, reaching $6.7 million, up 32.41 percent year on year.

Revenue at Hollywood Casino at the Meadows increased by more than 24 percent to $26.1 million, while revenue at Hollywood Casino at Penn National Race Course increased by 13.51 percent to $74.4 million.

Mount Airy Casino Resort’s revenue in April was $22.8 million, up 13.34 percent year on year, while Valley Forge Casino Resort earned $64 million, up 11.36 percent year on year.

Last month, Hollywood Casino York recorded an increase in revenue, which reached $8.7 million.

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