PA's Rising Gambling Revenue Increased In May

Revenue increased by 7.1% from $447.8 million in May 2022 and 0.6% from $476.7 million in April of this year.

PA's Rising Gambling Revenue Increased In Ma

Pennsylvania's gambling revenue grew monthly and yearly in May to $479.4 million.

Revenue increased by 7.1% from $447.8 million in May 2022 and 0.6% from $476.7 million in April of this year.

With a total of $210.9 million in revenue for the month, land-based slots continued to be by far the largest source of income. 2.5% greater than in the same month the previous year.

In contrast, retail game sales dropped 7.8% from the previous year to $81.6 million.

The market for online casinos saw the most significant increase in revenue in May, rising by 24.4% to $141.0m. Online slot machine income increased by 28.6% to $100.6 million, and online table game revenue increased by 17.3% to $37.9 million.

With $58.4m in online casino winnings, Hollywood Casino at Penn National once again took the top spot. Second place went to Valley Forge Casino Resort with $29.5 million, just ahead of Rivers Casino Philadelphia with $29.4 million.

In terms of sports wagering, revenue increased 17.4% year over year to $41.1 million, with the internet market accounting for $37.1 million and retail for $4.0 million. Also increasing by 0.5% to $495.6m was the wagering handle.

With $22.5 million in revenue, Valley Forge Casino Resort, which collaborates with FanDuel, maintained its lead position. Hollywood Casino at the Meadows and Barstool came in second with $8.8 million, followed by another client of Barstool, Hollywood Casino Morgantown, with $1.6 million.

Fantasy sports revenue decreased by 22.6% to $1.2 million, while video gaming terminal revenue fell 2.4% to $3.6 million monthly.

Self-exclusion success

The findings follow this month's disclosure by the Pennsylvania Gaming Control Board (PGCB) that more than 20,000 customers had voluntarily asked to be excluded from gambling.

Players who sign up for the Casino Self-Exclusion Programme cannot visit casinos or retail sports betting locations and gamble there. The self-exclusion period for consumers can be one year, five years, or their entire lifetime.

Anyone who violates their ban by entering a gambling establishment risks being punished with criminal trespass and having their casino winnings taken away.

The state's self-exclusion programme was established in 2006, and on June 5, it recorded its 20,000th self-exclusion.

With ages ranging from 21 to 102, the list currently has 12,811 males and 7,189 females.