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Wednesday, February 19, 2025

Pennsylvania iGaming income reaches document $184.9m in February

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The state of Pennsylvania has raked in a document iGaming income for the month of February to the tune of $184.9m.

The Keystone State did nonetheless map year-on-year declines in all the opposite markets involving staking in sports activities betting markets.

Pennsylvanian iGaming document revenue

The report from the Pennsylvanian Gaming Management Board (PGCB) studies a 9% total enhance in whole gaming from February 2023 to 2024. This determine would sit at a formidable $499,093,210 total for the haul from video games of probability throughout the 12 months.

The returns from retail slot machines was “$202,742,794, a 0.04% lower in income when in comparison with the $202,822,213 generated in February 2023,” in keeping with the report. This exhibits a small dip in distinction to the earlier 12 months, however retail slots stay the biggest supply of iGaming income for the state.

IGaming slot income noticed a major 35.6% leap from $92m to $125.9m, and web desk video games greater than doubled with from $36m to $56.6m, a 56.7% enhance.

On-line poker seen an 8.3% income decline to $2.4m, the one main damaging report alongside the sports activities wagering figures.

Hollywood On line casino at Penn Nationwide Race Course led the pack of operators with a 36.8% year-on-year enhance in iGaming coming in at $77.3m, with Valley Forge On line casino Resort the subsequent in keeping with $44.8m, taking house the bronze was Rivers On line casino Philadelphia on $29.3m for the 12 months.

Pennsylvania would additionally see a 30% decline in taxable sports activities wagering income, which might additionally mark a year-on-year decline. This was regardless of a rise in annual income which the report would spotlight as “$661,740,812 or 10.38% above the February 2023 whole of $599,529,429.”

Valley Forge On line casino could be the standout throughout the 12 months for the Keystone State with annual income of $17.7m with Hollywood On line casino on the Meadows trailing behind on $7.6m. The Fantasy Contest income market would see a 5% decline from 2023’s watermark and Video Gaming Terminals (VGT) within the state would see a marginal dip by 2.4%.

The report would say of the VGT’s that “By the tip of February 2024, all VGT Operators supplied the utmost permitted 5 machines at 72 certified truck cease institutions, in comparison with 5 machines at 66 institutions at the moment final 12 months.”

The PGCB is at present selling playing consciousness month for the state and took to X to advertise their exercise to sort out downside playing:

Picture: Pexels.



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