The Pennsylvania Gaming Control Board announced that gaming and fantasy contest revenue exceeded $600 million in May. Enthusiasts can read more about the implications of growing revenues in the gambling industry.
Online Casino Revenue Growth Boosts Pennsylvania Gaming Revenue
Pennsylvania’s gaming industry saw significant gains with $601.8 million reported for May, a 15.5% increase from the previous year. The robust growth was largely driven by a surge in igaming revenue and remarkable performances from Hollywood Casino at Penn National Race Course and Valley Forge Casino Resort.
Hollywood Casino at Penn National Race Course boasted $107.7 million in revenue, marking a 31.9% increase from $81.6 million the prior year. Valley Forge Casino Resort similarly saw a rise, reporting $105.8 million, a 32.9% boost from May 2024’s $79.5 million.
Slot Revenue and Major Contributors
Revenue from slots totaled $224.8 million, a 5% increase year-over-year. Parx Casino, a leader in this segment, accrued $34.5 million, up 5.7% from last year. Wind Creek Bethlehem reported $25.5 million, showing a 6.1% gain. Rivers Casino Pittsburgh also saw growth, with a $23.5 million revenue, a modest 0.7% increase.
Pennsylvania’s igaming revenue reached an impressive $232.8 million, a 33.7% increase. Hollywood Casino at Penn National experienced a remarkable 38.4% jump to $90.1 million. Valley Forge Casino Resort recorded a 44.4% rise to $64.1 million, while Rivers Casino Philadelphia reported an 18% increase, generating $36.9 million.
Sports Wagering Adds to Total Gaming Revenue
The state’s sports wagering segment also contributed significantly, with $59.4 million generated from a $655.3 million handle. Valley Forge Casino Resort led with $28.4 million from a $252.8 million handle. Hollywood Casino at the Meadows added $15.7 million in revenue with a handle of $168.9 million, and Hollywood Casino York earned $2.8 million from a $42.2 million handle.
For more insights on the state of gambling in the U.S., you can check out .wp-container-core-columns-is-layout-61ecc280{flex-wrap:nowrap;}