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Gaming NewsPennsylvania breaks record for online casino revenue17 February 2021(PRESS RELEASE) -- Pennsylvania Gaming Control Board reports show that the combined total revenue generated from all forms of gaming along with fantasy contests during January 2021 was $311,102,747, an increase of 2.73% compared to revenue generated in January 2020. The Board is also reporting that revenue from Internet Casino Type Gaming of more than $80.4 million was the highest amount to date eclipsing the previous high set in December 2020 by 11% when revenue was $71,609,260. Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet gaming, sports wagering, fantasy contests and VGTs. The Board has posted separate reports for these types of gaming on its website. In its reporting of revenue for January, the Board notes that figures related to slot machine, table games and retail sports gambling in casinos along with Video Gaming Terminals encompassed just 28 days of the month. Casinos, however, continued to operator under various Covid-19 restrictions. Other internet-based games were operational for the full month of January. The following chart compiles all revenue generated in January 2021 by casinos along with fantasy contests and video gaming terminals operated by other vendors and includes a comparison to total revenue generated last January. Source/Jan 2021 Total Revenue/Jan 2020 Total Revenue/% Change Parx Casino/$49,479,917/$57,504,202/-13.95% Hollywood Casino at Penn National Race Course/$43,594,717/$21,439,975/103.33% Valley Forge Casino Resort/$37,938,572/$21,686,544/74.94% Rivers Casino Philadelphia/$36,804,910/$31,887,676/15.42% Wind Creek Bethlehem/$26,312,638/$38,252,649/-31.21% Rivers Casino Pittsburgh/$21,693,757/$34,510,647/-37.14% Mount Airy Casino Resort/$20,431,479/$19,869,528/2.83% The Meadows/$19,739,104/$20,966,333/-5.85% Mohegan Sun Pocono/$15,545,065/$19,545,901/-20.47% Harrah's Philadelphia/$15,434,388/$21,315,408/-27.59% Presque Isle Downs & Casino/$6,927,709/$10,056,117/-31.11% Live! Casino Pittsburgh/$6,138,994/--/n/a Live! Casino & Hotel Philadelphia/$4,274,932/--/n/a Fantasy Contests/$2,908,488/$2,064,773/40.86% Video Gaming Terminals/$2,240,782/$1,115,218/100.93% Lady Luck Casino - Nemacolin/$1,222,995/$2,629,390/-53.49% Hollywood Casino Morgantown/$414,300/--/n/a Statewide Total/$311,102,747/$302,844,362/2.73% Total tax revenue generated collectively through all forms of gaming and fantasy contests was $127,117,920* during January 2021. January Revenue by Game Type The Board is also providing a synopsis of revenue year-over-year by types of games: Type of Gaming Revenue/Jan 2021/Jan 2020/% Change Retail Slots Revenue/$140,740,379/$190,311,646/-26.05% iGaming Slot Revenue/$51,007,942/$7,192,192/609.21% Retail Tables Revenue/$50,829,571/$72,553,994/-29.94% Sports Wagering Revenue/$33,970,396/$22,841,192/48.72% iGaming Tables Revenue/$26,679,590/$4,608,081/478.97% Fantasy Contests Revenue/$2,908,488/$2,064,773/40.86% iGaming Poker Revenue/$2,725,600/$2,157,266/26.35% Video Gaming Terminals Revenue/$2,240,782/$1,115,218/100.93% Total Gaming Revenue/$311,102,747/$302,844,362/2.73% Slot Machine Revenue January’s gross revenue from slot machines was $140,740,379, a 26.05% decrease in revenue when compared to the $190,311,646 generated in January 2020. The number of slot machines in operation in January 2021 was 18,703 compared to 24,126 at the casinos in January 2020. Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows. Casino/Jan 2021 Slots Revenue/Jan 2020 Slots Revenue/% Change Parx Casino/$28,243,323/$35,856,344/-21.23% Wind Creek Bethlehem/$17,148,956/$19,980,835/-14.17% Rivers Casino Pittsburgh/$14,983,880/$25,046,909/-40.18% Hollywood Casino at Penn National/$12,728,998/$16,056,967/-20.73% Mohegan Sun Pocono/$10,476,550/$15,841,638/-33.87% Harrah's Philadelphia/$10,428,014/$16,152,459/-35.44% The Meadows Casino/$9,854,255/$15,621,862/-36.92% Mount Airy Casino Resort/$9,220,777/$11,649,678/-20.85% Rivers Casino Philadelphia/$7,999,419/$14,532,544/-44.96% Valley Forge Casino Resort/$5,782,493/$8,602,456/-32.78% Presque Isle Downs and Casino/$5,329,426/$8,629,672/-38.24% Live! Casino Pittsburgh/$5,168,736/--/n/a Live! Casino Philadelphia/$2,270,378/--/n/a Lady Luck Casino Nemacolin/$1,105,172/$2,340,279/-52.78% Statewide Total/$140,740,379/$190,311,646/-26.05% Tax revenue from the play of slots machines in January of 2021 was $72,856,608. Table Games Revenue Table games revenue for January 2021 was $50,829,571, a decrease of -29.94% from January 2020, when revenue was $72,553,994. Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows. Casino/Jan 2021 Table Games Revenue/Jan 2020 Table Games Revenue/% Change Parx Casino/$13,333,584/$16,487,345/-19.13% Wind Creek Bethlehem/$8,694,936/$18,271,813/-52.41% Rivers Casino Philadelphia/$5,781,774/$10,467,045/-44.76% Rivers Casino Pittsburgh/$4,625,140/$6,974,963/-33.69% Harrah's Philadelphia/$3,283,503/$4,943,352/-33.58% Mount Airy Casino Resort/$3,025,350/$3,367,058/-10.15% Valley Forge Casino Resort/$2,889,863/$2,914,950/-0.86% The Meadows Casino/$1,980,493/$2,297,310/-13.79% Hollywood Casino at Penn National/$1,966,368/$2,797,736/-29.72% Mohegan Sun Pocono/$1,914,541/$2,653,234/-27.84% Live! Casino Philadelphia/$1,400,260/n/a/n/a Presque Isle Downs and Casino/$941,169/$1,090,077/-13.66% Live! Casino Pittsburgh/$874,767/n/a/n/a Lady Luck Casino Nemacolin/$117,823/$289,111/-59.25% Statewide Total/$50,829,571/$72,553,994/-29.94% Total tax revenue from table games play during January 2021 was $8,184,160*. Internet Casino-Type Gaming (iGaming) Revenue Casino games offered online generated gross revenue of $80,413,132 during January 2021 compared to $13,957,539 in January 2020. The amount in January also easily eclipsed the previous high revenue month for Internet Casino-Type gaming in December 2020 of $71,609,260. A breakdown of revenue of casino games offered online is as follows: Casino Operator/Total Internet Games Revenue/Internet Slots Revenue/Internet Table Games Revenue/Internet Poker Revenue Hollywood Casino at Penn National/$27,591,016/$16,163,977/$11,427,039 Rivers Casino Philadelphia/$20,990,798/$16,500,089/$4,490,709 Valley Forge Casino Resort/$14,747,594/$6,756,851/$7,990,743 Mount Airy Casino Resort/$6,339,116/$2,243,740/$1,369,776/$2,725,600 Parx Casino/$5,310,225/$4,800,873/$509,352 Mohegan Sun Pocono/$2,788,196/$2,249,265/$538,930 Harrah’s Philadelphia/$1,424,173/$1,180,332/$243,841 Wind Creek Bethlehem/$552,365/$379,794/$172,572 Live! Philadelphia/$487,350/$450,594/$36,756 Presque Isle Downs and Casino/$182,298/$282,426/-$100,128 Statewide Total/$80,413,132/$51,007,942/$26,679,590/$2,725,600 Tax revenue generated from internet gaming play during January 2021 was $32,246,329. Total iGaming revenue for each of the casinos during January 2021 and January 2020, if applicable, is as follows: Operator/Jan 2021 iGaming Revenue/Jan 2020 iGaming Revenue/% Change Hollywood Casino at Penn National/$27,591,016/$2,405,023/1047.22% Rivers Casino Philadelphia/$20,990,798/$3,549,970/491.30% Valley Forge Casino Resort/$14,747,594/$2,081,252/608.59% Mount Airy Casino Resort/$6,339,116/$3,480,095/82.15% Parx Casino/$5,310,225/$1,644,854/222.84% Mohegan Sun Pocono/$2,788,196/$786,447/254.53% Harrah’s Philadelphia/$1,424,173/--/n/a Wind Creek Bethlehem/$552,365/--/n/a Live! Casino Philadelphia/$487,350/--/n/a Presque Isle Downs and Casino/$182,298/$9,898/1741.71% Statewide Total/$80,413,132/$13,957,539/476.13% Sports Wagering Revenue January 2021 total sports wagering handle was $615,294,827 or 12.16% above the December 2020 total of $548,590,065. At the same time, the taxable revenue figure for January 2021 was $33,970,396 or 0.26% below than December 2020 taxable revenue of $34,059,539. January 2021 sports wagering total handle and revenue is as follows: Casino Operator/Total Handle/Retail Revenue/Online Revenue/Total Revenue Valley Forge Casino Resort/$223,307,287/$225,425/$14,293,196/$14,518,621 The Meadows Casino/$145,230,750/$184,046/$7,720,309/$7,904,355 Parx Casino/$28,765,215/$499,811/$1,845,056/$2,344,867 Rivers Pittsburgh/$31,653,273/$804,703/$1,280,033/$2,084,736 Rivers Philadelphia/$27,722,868/$671,485/$1,361,433/$2,032,918 Mount Airy Casino Resort/$27,339,866/$77,282/$1,768,955/$1,846,237 Hollywood Casino at Penn National/$66,535,848/$240,960/$1,067,375/$1,308,335 Presque Isle Downs and Casino/$4,123,074/$556,183/-$81,367/$474,816 Mohegan Sun Pocono/$11,889,856/$59,413/$377,770/$437,183 Hollywood Morgantown/$39,306,952/$0/$414,300/$414,300 Harrah's Philadelphia/$3,364,583/$262,192/$36,506/$298,698 South Philly Race & Sportsbook/$1,995,038/$247,918/$0/$247,918 Live! Philadelphia/$535,373/$116,944/$0/$116,944 Live! Pittsburgh/$465,476/$95,491/$0/$95,491 Mohegan Sun Lehigh Valley/$988,552/-$71,405/$0/-$71,405 Wind Creek Bethlehem/$2,070,815/$60,280/-$143,898/-$83,618 Statewide Total/$615,294,827/$4,030,728/$29,939,668/$33,970,396 Sports wagering revenue for each of the casinos for January 2021 and January 2020, if applicable, is as follows: Operator/Jan 2021 Sports Wagering Revenue/Jan 2020 Sports Wagering Revenue/% Change Valley Forge Casino Resort/$14,518,621/$8,087,886/79.51% The Meadows Casino/$7,904,355/$3,047,162/159.40% Parx Casino/$2,344,867/$2,916,749/-19.61% Rivers Pittsburgh/$2,084,736/$2,488,775/-16.23% Rivers Philadelphia/$2,032,918/$3,338,117/-39.10% Mount Airy Casino Resort/$1,846,237/$1,372,697/34.50% Hollywood Casino at Penn National/$1,308,335/$180,249/625.85% Presque Isle Downs and Casino/$474,816/$326,470/45.44% Mohegan Sun Pocono/$437,183/$264,581/65.24% Hollywood Morgantown/$414,300/--/n/a Harrah's Philadelphia/$298,698/$219,597/36.02% South Philly Race & Sportsbook/$247,918/$501,515/-50.57% Live! Philadelphia/$116,944/--/n/a Live! Pittsburgh/$95,491/--/n/a Oaks Race & Sportsbook/--/$97,394/n/a Mohegan Sun Lehigh Valley/-$71,405--/n/a Wind Creek Bethlehem/-$83,618/--/n/a Statewide Total/$33,970,396/$22,841,192/48.72% Tax revenue generated from sports wagering during January 2021 was $12,229,342*. Video Gaming Terminals Total adjusted revenue for January 2021 for video gaming terminals (VGTs) was $2,240,782. By the close of January 2021, four VGT Terminal Operators were operating the maximum permitted five machines at 42 truck stop establishments. Truck Stop VGT adjusted revenue for each of the terminal operators during January 2021 is as follows: VGTs Terminal Operator/Jan VGTs Wagers/Jan VGTs Payouts/Jan VGTs Gross Revenue Marquee by Penn/$18,665,486/$16,962,391/$1,703,096 Commonwealth Gaming/$3,336,569/$3,034,000/$302,569 Second State Gaming/$1,523,827/$1,388,012/$135,815 Jango/$1,226,736/$1,127,433/$99,303 Statewide Total/$24,752,618/$22,511,836/$2,240,782 Tax revenue collected from the play of VGTs in January 2021 was $1,165,207. Fantasy Contests Fantasy Contests revenue was $2,908,488 in January 2021, an increase of 40.86% over January 2020, when revenue was $2,064,773. Fantasy Contests adjusted revenue for each of the operators which had revenue for January 2021 and January 2020 are displayed in the following table: Fantasy Contests Operator/Jan 2021 Fantasy Revenue/Jan 2020 Fantasy Revenue DraftKings/$1,680,420/$1,046,125 FanDuel/$1,165,777/$960,471 Yahoo Fantasy Sports/$56,245/$52,801 Sportshub Technologies/$6,046/$6,438 Fantasy Draft/$0/-$1,125 Boom Fantasy/$0/$62 Statewide Total/$2,908,488/$2,064,773
Pennsylvania breaks record for online casino revenue
is republished from Online.CasinoCity.com.
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