PA Online Casinos Flex Again with Record $57 Million Revenue in September, Boosted by DraftKings

PA online casino games generated gross revenue of more than $57 million during September, the highest in a single month so far for Pennsylvania.

Of the September total, online slots accounted for more than $39.9 million in revenue, with an additional $14.7 million from online table games.

In August, online slot games accounted for $39.6 million and online table games just under $13.6 million.

Total online slot wagers held steady at $1.06 billion for September, while table games saw a month-over-month increase from $812.5 million to $926.8 million wagered.

New iGaming record despite poker’s continued slide

Online poker, with just one operator, PokerStars via Mount Airy Resort, generated September revenue of nearly $2.4 million.

Poker continues to slide, down from $2.7 million in revenue in August.

With poker rolled into the other online revenues, the September figure came in at just over $57 million, according to Pennsylvania Gaming Control Board (PGCB) figures.

September a year ago when the iGaming industry in PA was just getting off the ground, revenue was just $4.1 million. That revenue has increased nearly 12.8x to September 2020.

Total September revenue up, retail down more than 16%

In September, total gaming and fantasy revenue was more than $284.2 million. That’s an increase of 1% compared to September 2019 when casinos were open at full capacity.

By comparison, slot and table revenue in brick-and-mortar casinos were down 16 percent in September compared to a year ago.

With sharply fewer machines in play due to virus restrictions, slot revenue last month was more than $157.4 million, and table games revenue was over $59.1 million. Thankfully for the PA gaming market (and tax revenue), online gaming channels have made up the difference.

PA sportsbooks eclipse $400 million in handle

PA sports betting has bounced back in a big way with September offering a packed-full menu of sports. The total sports handle reached a new record of nearly $462.8 million, more than double September 2019, when the handle was just $194.5 million.

However, the taxable sports revenue figure for September 2020 was just below $6.3 million, which was 58% lower than a year ago when it was nearly $14.9 million.

September’s handle was a whopping 26.8% increase over the previous record $365 million set in August.

September online casino breakdown by PA operator

A complete breakdown of September revenue, including slots and table games by operator (online gaming license holder), can be found here:

Casino Operator Total Revenue Slots Revenue Table Games Revenue
Rivers Philly (SugarHouse & BetRivers) $16.1 million $14.4 million $1.7 million
Penn National (DraftKings Casino) $10.2 million $4.6 million $5.6 million
Valley Forge (FanDuel) $9.1 million $5.1 million $4.0 million
Mt. Airy (PokerStars & Fox Bet) $6.6 million $2.7 million $1.5 million
Parx Casino $6.2 million $5.2 million $1.0 million
Penn National (Hollywood Casino) $4.6 million $4.2 million $334,000
Mohegan Sun Pocono (Unibet) $2.4 million $2.0 million $406,000
Harrah’s Philly (Caesars) $784,000 $748,000 $37,000
Wind Creek Casino $562,000 $475,000 $88,000
Presque Isle Downs (BetAmerica) $406,000 $333,000 $73,000
Live! Casino Philadelphia $104,000 $89,000 $15,000
Totals: $54.7 million $39.9 million $14.7 million

Casino operators by the numbers

Five operators had total online casino revenue above $5 million.

Rivers Philly, which combines SugarHouse and BetRivers, topped $16 million, with $14.4 million revenue from slots.

Penn National/DraftKings topped $10 million in online revenue, with the twist that $5.6 million – or more than half – came from table games, which is not the norm. It was the first month since launch in early May that DraftKings Casino surpassed online casino FanDuel for revenue.

Valley Forge/FanDuel hit $9.1 million in online revenue.

Mount Airy, which includes PokerStars and FoxBet, hit $6.6 million.

And Parx had $6.2 million in revenue.

Live! Casino Philadelphia, which is new, having opened online before having a casino built, trailed everyone else with just $104,000 in total revenue in its first full month in operation.

Lead image credit: AP Photo/Michael Conroy

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