Pennsylvania’s gambling industry saw a 7.5% increase in revenue in August 2023, reaching a total of $457.2m. The iCasino sector played a significant role in this growth, with earnings of $145m, a 35.3% increase from the previous year. The top performers in the iCasino space were Penn Interactive’s Hollywood Casino, Valley Forge Casino Resort, and Rivers Philadelphia, generating $60.3m, $32.4m, and $28.1m respectively.
The introduction of online casino options from Bally’s and Golden Nugget further boosted the iGaming sector. Bally’s reported revenue of $2.2m, while Golden Nugget reported $191,548. In-person slots and table games also contributed to the overall revenue, with a 2.2% increase to $285.9m. However, taxable sports betting revenue saw a decline compared to the previous year.
Truck stop video gaming terminals (VGTs) experienced a 5.40% drop in revenue, reaching $3.5m. Despite the decline, the number of truck stop establishments with VGTs increased to 69.
While overall gaming revenue remained stable, individual casinos showed variations. Lady Luck Casino Nemacolin, Rivers Philadelphia, and Hollywood Casino Morgantown saw double-digit increases in slots revenue, while Harrah’s Philadelphia experienced a 14.7% decline. In terms of table games revenue, Lady Luck, Hollywood Casino at the Meadows, and Live! Pittsburgh saw significant increases, while Mount Airy Casino Resort and Hollywood Casino York reported declines of 31.5% and 21.3% respectively.