The gaming business in Pennsylvania experienced strong growth in May, with total revenue reaching an astonishing $479.4 million. This marks a 7.1% increase over the same month last year, when revenue was $447.8 million. Furthermore, May sales increased by 0.6% from April’s $476.7 million.
Land-based slot machines were the biggest income generator, producing a massive $210.9 million throughout the month. This figure represents a 2.5% rise over May of the prior year. Revenue from retail games, on the other hand, fell 7.8% year on year, totaling $81.6 million.
May was a very successful month for the Pennsylvania online casino industry. Online casino revenue increased by a whopping 24.4% to $141.0 million. income from online slots increased by 28.6% to $100.6 million, while income from online table games increased by 17.3% to $37.9 million.
Top Performers in Online Casino Revenue
Hollywood Casino at Penn National has once again emerged as the leader in internet casino revenue, with $58.4 million reported. Valley Forge Casino Resort came in second with $29.5 million, followed by Rivers Casino Philadelphia with $29.4 million.
The sports betting industry also saw strong growth in May, with revenue increasing 17.4% year on year to $41.1 million. The majority of the revenue came from online sports betting, which brought in $37.1 million, while retail sports betting brought in $4.0 million. The wagering handle increased by 0.5% to $495.6 million.
Valley Forge Casino Resort, in collaboration with FanDuel, retained its place atop the sports betting revenue table, posting $22.5 million in revenue. With $8.8 million, Hollywood Casino at the Meadows and Barstool took second place, followed by Hollywood Casino Morgantown, another Barstool affiliate, with $1.6 million.
During the month, revenue from video gaming terminals fell 2.4% to $3.6 million. Fantasy sports income fell 22.6% to $1.2 million.
Self-Exclusion Program Milestone
The Pennsylvania Gaming Control Board (PGCB) recently marked a key milestone by receiving over 20,000 voluntary requests to be excluded from gambling activities. Since its inception in 2006, the Casino Self-Exclusion Programme, which allows people to bar themselves from casinos and retail sports betting locations, has experienced a steady growth in participation. Participants have the option of self-excluding for one year, five years, or their entire lives. Those who breach the restriction may face criminal trespass charges and the forfeiture of any gambling earnings from their casino visit.
The self-exclusion list now includes 12,811 males and 7,189 females ranging in age from 21 to 102. On June 5, the 20,000th self-exclusion was recorded, marking an important milestone for the programme.
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