February Online Casino Revenue Of $215.3 Million Smashes All-Time Record

Pennsylvania online casinos rebounded in a huge way last month. After a slower January, the Pennsylvania Gaming Control Board (PGCB) reported that operators produced $215.3 million in February online casino revenue, which is an all-time US record. It broke December’s mark of $204.2 million in revenue.

PA online casinos recorded a 32.7% year-over-year increase and an 13.7% month-over-over increase.

PlayPennsylvania Managing Editor, Dave Briggs, said:

“Online casino revenue in Pennsylvania was off the charts in February. Not only was total revenue of more than $215 million an all-time best, it smashed the previous record by more than $11 million.

“Pennsylvania continues to show incredible growth in online casino revenue and that’s a great thing for residents of the Keystone State. Total taxes collected from online casinos in February alone reached nearly $77 million. That money stays in Pennsylvania to support the citizens of Pennsylvania and helps fund problem gambling resources.”

bar chart showing Pennsylvania online casino revenue - February comparison

Breakdown of PA online casino February 2024 revenues

Online slots revenue: $156.2 million
Table games revenue: $56.6 million
Online poker revenue: $2.4 million

bar chart showing Pennsylvania online casino revenue - January and February comparison

Quick analysis from February PA online casino figures

For the fourth time in six months, Pennsylvania online casinos broke another US record. To the Keystone State’s standards, operators had a slow January, generating just $189.3 million in revenue. February shows that the state is setting a new bar almost every month. Not to mention, February is the shortest month of the year and shattered December’s record by over $11 million.
While the sample size isn’t too large, online casinos are averaging $202.3 million in revenue a month. Should the state keep up that pace, it’ll surpass $2.4 billion in yearly earnings. In 2023, platforms produced $2.1 billion in revenue.
Bally Casino PA recorded the best month it ever had in February. The operator produced nearly $4 million in earnings, which is a step up from January’s $3.4 million total. It’s only a matter of time before Bally’s is consistently hitting $4 million a month, and competing with operators such as Golden Nugget online casino PA and PlayLive! Casino PA.

PA online casino revenue by operator in February 2024

LicenseeTotal RevenueSlotsTablesPokerPromosTaxes

Hollywood Penn National$84,283,275$54,068,572$29,816,054$398,649$6,984,272$30,258,778

Valley Forge$57,223,463$40,458,957$16,764,507$0$12,466,329$17,798,340

Rivers Philadelphia$36,110,619$32,256,405$3,728,043$126,171$6,840,821$14,340,920

Harrah’s Philadelphia$10,751,305$7,304,086$2,947,808$499,411$812,362$4,055,768

Parx$5,885,643$5,172,613$713,031$0$937,061$2,401,283

Golden Nugget PA$4,820,019$4,193,575$626,444$0($880,048)$2,484,834

Mount Airy$4,648,762$2,784,979$452,109$1,411,673$1,059,475$1,223,575

Live Philadelphia$3,926,790$3,363,955$562,835$0$614,746$1,574,626

Bally’s State College$3,916,162$3,586,192$329,970$0$906,844$1,312,089

Wind Creek$2,384,232$2,007,786$376,446$0$527,659$859,500

Mohegan Sun Pocono$1,338,483$1,011,042$327,441$0$74,333$558,214

Total$215,288,753$156,208,162$56,644,688$2,435,904$30,343,854$76,867,927

The post February Online Casino Revenue Of $215.3 Million Smashes All-Time Record appeared first on Play Pennsylvania.

Author: Kyle Ross