Pennsylvania Casinos Cool in April, But iGaming Continues Positive Run

Pennsylvania casinos cooled cancelled in April in terms of the brick-and-mortar play following the state’s all-time best revenue month go down inward March.

The Pennsylvania Gaming Control Board (PGCB) today proclaimed the Apr revenue results for the state’s 17 retail casinos, iGaming websites, and retail and online sportsbooks.

Land-based casinos won nearly $213 1000000 from expansion slot machines and another $84.3 trillion on table games for a combined drag of or so $297.3 million. That’s a nearly 4% year-over-year reduction. Slot income strike down 2.2% piece matte up win tumbled almost 8%. April’s brick-and-mortar cassino revenue was around 4.5% below March when the state’s casinos won $311.2 million.

Pennsylvania’s gaming industry made up for the in the flesh(p) revenue losses elsewhere, specifically iGaming and sports betting.

iGaming, Oddsmakers Continue Growth

As was the slip lowest month inward New island of Jersey where Atlantic City’s nine casinos experienced reduced brick-and-mortar win but those losses were made upward online, Pennsylvania’s cyberspace casinos and nomadic sportsbooks continued to widen their stage business operations inward Apr 2023. And the online activeness to a greater extent than covered the run aground losses.

Pennsylvania iGaming revenue from interactive slots surged 25% to to a greater extent than $95.6 million, spell online tabulate win rosiness 16% to nearly $38.9 million. Online poker game rake added $2.7 meg for a combined iGaming win of most $137.2 million. In April 2022, iGaming revenue was $113.1 million.

Oddsmakers also fared easily in April, as sportsbooks won $37 million of the $572.2 million wagered. The $37 zillion hold up represents a 10% year-over-year gain.

Pennsylvania’s video gaming terminus locations reported gross revenue of $3.5 jillion — a nearly 6% wane from a yr ago. Daily phantasy sports platforms added $1.5 jillion in competition fees — a 9% year-over-year decline.

In all, Pennsylvania’s gaming manufacture won to a greater extent than $476.7 trillion in April. That’s 3.2% ameliorate than Apr 2022.

April 2023 marked the state’s 8th straight month where revenue exceeded $420 million.

State Industry Expanding

Pennsylvania shoemaker's last yr became the nation’s second-richest gaming state behindhand only if Nevada. The state’s gaming interests edged New Jersey by just now $28,700, as Keystone receipts gaming revenue (GGR) totaled $5,211,303,191 to the Garden State’s $5,211,274,456.

It was only if a fistful of years agone that Pennsylvania was a practically smaller gaming res publica than Battle Born State and New Jersey. But that changed in 2017 when the Republican-controlled legislative assembly and then-Gov. Tom Friedrich August Wolf (D) turned to gaming to span a budget gap instead of increasing taxes.

The state’s 2017 gaming enlargement that Wolf signed authorized mini-casinos, sports betting, iGaming, and VLTs at certain truck stops.

The more than $5.2 1000000000 won from gamblers lastly twelvemonth inwards Pennsylvania represents an increment of 61.5% from 2017 when the state’s casinos won $3.2 billion.

Through the first-class honours degree 4 months of the year, Pennsylvania’s gaming manufacture continues its upwards trajectory. Jan through and through April gaming income totaled more than $1.91 1000000000000 — over $300 jillion more than where the industry stood at this time last-place year.

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