There have been some big changes in Pennsylvania’s online gambling market this year, and they have certainly paid off. According to statistics from the Pennsylvania Gaming and Control Board (PGCB), casinos across the state generated $3.29 billion during the 2018-19 financial year. This is a 1.1% jump on last year’s gaming revenue, and it’s being credited to the introduction of online casino games and online sportsbetting across the state.
The main source of income for Pennsylvania casinos were slot machines, which brought in a very generous $2.38 billion throughout the year. This marked a 1.3% increase on the $2.35 billion that they generated previously.
Table games were a little bit less successful. In the past year, they generated $888.6 million which is an 11% drop from the $895.3 million that they brought in during the 2017-18 year. Fortunately, the growth in sportsbetting numbers compensated for the decline.
During the 2018-19 financial year, sportsbetting generated $21.7 million, and these numbers are only going to get higher as more players get involved in online sportsbetting. In August alone, revenue from sportsbetting was $9.9 – almost half of the segment’s total for the year.
This is a great indication of what’s to come over the course of the next year. We’re certainly going to be seeing more players placing bets online, with revenue expected to shoot up significantly.
According to these statistics, online gambling has been a big winner in the last year. Parx, SugarHouse and Hollywood Casino are the three venues licensed to operate casino games online, and they have brought in a combined total of $3.43 million in revenue in August alone.
Another interesting statistic from the PGCB concerns self-exclusion. Across the state, over 14,000 people joined the self-exclusion program from the start of 2018 to June 2019.
The Most Profitable Casinos in Pennsylvania
While all of the casinos in Pennsylvania have had a successful year, there are some that have performed better than others. Parx Casino, for example, was the top earner in 2018-19 having generated $614.1 million over the course of the year. Its slots brought in $416.9 million while table games generated $190.5 million and sports betting revenue amounted to $6.6 million.
The Wild Creek Bethlehem had the best year with regards to table game revenue. In 2018-19, the casino managed to bring in $228 million – which far outperformed the table games at any other casino in the state.