Pennsylvania gambling revenue up by 7.5% in August
Gambling firms in the state of Pennsylvania experienced an increase of 7.5% in revenue in August.
In its latest monthly performance analysis, the PGCB has reported that local gambling firms generated just over 457 million dollars in revenue, which is up by around 7.5% from the sector’s revenue figure recorded in August of last year. This resulted in a tax revenue of 189.4 million dollars for the state.
Broken down by gambling types, land-based slot terminals generated the most revenue in the state at 203 million dollars, remaining steady year-over-year with a growth rate of a bit less than 1%. This was followed by online slots, which generated 105 million dollars in the month and experienced the most significant growth in the period at almost 40%.
Retail table games came in third place in terms of revenue generation at 82.7 million dollars, while online tables came in fourth place at 37.2 million dollars. Reflecting the growth of online slots, the latter experienced a sizable amount of growth at just under 30%, establishing it in second place in terms of growth.
Contrary to the two aforementioned online gambling types, online poker games experienced an 11% decline year-over-year in August, generating 2.4 million dollars in revenue. This decline was only surpassed by the state’s sports wagering operators, which experienced a 35% decrease in revenue in the period.
Lastly, the regulator also reported the total monthly revenues of its licensed operators, with the Hollywood Casino in Grantville taking first place with a revenue of 75.2 million dollars. The establishment also experienced a 23.4% increase year-over-year, which was only surpassed by the 23.5% increase of the Lady Luck Casino in Farmington.