Pennsylvania Gaming Income Tops $415M in September
Posted on: October twenty, 2021, ten:04h.
Last updated on: October twenty, 2021, ten:25h.
Pennsylvania gaming revenue in September topped $400 million for the sixth time in the preceding seven months. The month to month statistics reveal that the state gaming sector is alive and nicely, winning a lot more from gamblers each and every month than it did prior to the pandemic.
Gross gaming income (GGR) from all sources totaled $415.six million last month. That’s 46 percent better than September 2020, and 48 % much better than pre-pandemic September 2019. September 2021 was the state gaming industry’s all-time greatest September.
Retail slot income led the way in September 2021, the terminals winning a lot more than $198.eight million. Brick-and-mortar table video games tallied GGR of $84 million.
GGR from iGaming, the two interactive slots and tables, totaled around $94.9 million. Online and retail sports betting operations stored $29.2 million of the wagers positioned.
The revenue numbers across the board continue to be very healthful, as the industry continues to return to regular from the COVID-connected measures that deteriorated some of the income,” explained Doug Harbach, communications director of the Pennsylvania Gaming Manage Board (PGCB).
September marked Pennsylvania’s 2nd-best month to month gaming income functionality. Only July 2021 saw more earnings from gaming. June ’21 was the only month since March that did not eclipse the $400 million threshold.
Pennsylvania 2021 GGR
- March — $403.1M
- April — $404.1M
- May possibly — $413.1M
- June — $388.9M
- July — $423.6M
- August — $408M
- September — $415.6M
Retail, iGaming Integrate
Pennsylvania casinos carry on to welcome back players to their land-based mostly venues. And pent-up demand is fueling robust revenue.
In September, slot machines within Pennsylvania’s 15 casinos won 26 percent a lot more revenue than last September. GGR from table games grew 42 percent yr-more than-yr.
Mixed, retail win from slots and tables climbed nearly 36 %. Whilst in-individual perform is booming, so is world wide web gambling. The $94.9 million won on-line last month was 74 percent more than September 2020.
Parx Casino was the best GGR earner at $57.one million, a 6.75 % 12 months-more than-year gain. Rounding out the prime five were Rivers Casino Philadelphia ($fifty five.9M), Wind Creek Bethlehem ($43.7M), Valley Forge Casino Resort ($41.5M), and Rivers Casino Pittsburgh ($33.1M).
Pennsylvania’s other gaming verticals — video gaming terminals (VGTs) within truck stops and daily fantasy sports (DFS) — also carried out effectively in September 2021. GGR from VGTs climbed 43 % 12 months-in excess of-12 months to $3.four million. Every day fantasy sports activities revenue was flat from last yr at $three.2 million.
Sports Betting Surge
Keystone State oddsmakers continue to see much more action come their way, as the prevalence of sports betting even more expands across the commonwealth.
Pennsylvania sportsbooks won $28.two million last month, a staggering 350 percent surge on September 2020. September 2021 sportsbook income was a 57 percent acquire on August.
The enhance is partially a result of more bets currently being positioned. Total handle swelled from $462.7 million in September 2020 to $578.seven million final month. But oddsmakers fared better, also.
The books reported a win charge of 4.9 percent in September on the virtually $579 million wagered. In September 2020, the house skilled a win rate of three.9 %.
The gaming industries in Pennsylvania and New Jersey proceed to battle for the title of the 2nd richest gaming market in the United States, behind Nevada.
New Jersey prevailed in September 2021. Atlantic City casinos, plus iGaming and sports activities betting, won $453.six million final month to easily very best Pennsylvania.
Nevada has but to release its September 2021 GGR numbers. The state reported total gaming income of $821.1 million in September 2020.