Pennsylvania gaming revenue rises for May; sports betting suffers monthly drop
Sports wagering in Pennsylvania dropped 31% month-on-month for May to $2.9m, as shown by Pennsylvania Gaming Control Board (PGCB) data.
The PGCB has also released casino results from the state, showing total gaming revenue was up 3% year-on-year to $286.1m.
In sports betting, the state recorded its first online results, with SugarHouse Casino’s sportsbook going live for three and a half days at the end of the month. It generated handle of $573,163 in that period – a promising sign moving forward.
The operator saw retail handle of $7.4m, Pennsylvania’s second-highest respective result, and combined revenue of $711,845.
Rivers Casino was the top taker in retail handle, generating $7.9m and revenue of $641,029. Parx Casino was third with handle of $6.8m and $639,922 in revenue.
State-wide, the sports betting industry produced handle of $35.4m, a 4% decrease from April, with Pennsylvania making $1m from its 36% tax of adjusted gross revenue.
In the casino vertical, Parx Casino took the biggest market share, generating $53.2m, a 3% rise year-on-year.
Despite a 6% decline from last year’s results, Wind Creek Bethlehem, formerly Sands, was the second-highest taker in the state. It made $43.7m in casino revenue.
Rivers Casino experienced the highest growth, rising 12% to $32.5m. This increase was only marginally ahead of SugarHouse Casino, which was up 12% to $28.7m.
Across the state, casinos saw a 2% rise in revenue at table games to $76.5m. Wind Creek made $17.5m of this, despite an 11% drop.
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