Pennsylvania Gaming Revenue Tops $415M in September

Posted on: October 20, 2021, 10:04h.&nbsp

Last up-to-date on: Oct 20, 2021, 10:25h.

Pennsylvania gaming income in September topped $four hundred million for the sixth time in the previous seven months. The month-to-month figures reveal that the condition gaming market is alive and nicely, profitable far more from gamblers each month than it did prior to the pandemic.

Gross gaming revenue (GGR) from all sources totaled $415.6 million previous thirty day period. That is 46 p.c much better than September 2020, and 48 % greater than pre-pandemic September 2019. September 2021 was the point out gaming industry’s all-time ideal September.

Retail slot income led the way in September 2021, the terminals winning more than $198.eight million. Brick-and-mortar desk online games tallied GGR of $84 million.

GGR from iGaming, the two interactive slots and tables, totaled about $ninety four.nine million. On the web and retail athletics betting functions held $29.two million of the wagers positioned.

The income figures throughout the board continue to be really healthier, as the business continues to return to standard from the COVID-connected actions that deteriorated some of the earnings,” defined Doug Harbach, communications director of the Pennsylvania Gaming Control Board (PGCB).

September marked Pennsylvania’s second-ideal month-to-month gaming earnings efficiency. Only July 2021 noticed far more revenue from gaming. June ’21 was the only month given that March that didn’t eclipse the $four hundred million threshold.

Pennsylvania 2021 GGR

• March — $403.1M
• April — $404.1M
• Might — $413.1M
• June — $388.9M
• July — $423.6M
• August — $408M
• September — $415.6M

Retail, iGaming Integrate

Pennsylvania casinos keep on to welcome again players to their land-based venues. And pent-up demand is fueling strong income.

In September, slot machines inside Pennsylvania’s 15 casinos gained 26 p.c far more revenue than very last September. GGR from table video games grew forty two per cent yr-more than-12 months.

Merged, retail get from slots and tables climbed almost 36 per cent. Although in-particular person enjoy is booming, so is net gambling. The $94.9 million received on the internet very last thirty day period was seventy four % a lot more than September 2020.

Pennsylvania’s other gaming verticals — online video gaming terminals (VGTs) within truck stops and everyday fantasy sports activities (DFS) — also performed properly in September 2021. GGR from VGTs climbed 43 % 12 months-over-12 months to $3.4 million. Day-to-day fantasy sports income was flat from last calendar year at $three.2 million.

Athletics Betting Surge

Keystone Condition oddsmakers keep on to see a lot more action arrive their way, as the prevalence of sporting activities betting additional expands throughout the commonwealth.

Pennsylvania sportsbooks gained $28.two million last thirty day period, a staggering 350 per cent surge on September 2020. September 2021 sportsbook income was a fifty seven p.c gain on August.

The boost is partially a result of far more bets becoming put. Total manage swelled from $462.7 million in September 2020 to $578.7 million final month. But oddsmakers fared far better, too.

The textbooks documented a get fee of 4.9 per cent in September on the almost $579 million wagered. In September 2020, the residence experienced a get charge of 3.9 per cent.

Gaming Leaders

The gaming industries in Pennsylvania and New Jersey proceed to struggle for the title of the 2nd richest gaming marketplace in the United States, behind Nevada.

New Jersey prevailed in September 2021. Atlantic City casinos, in addition iGaming and sports activities betting, received $453.six million last month to simply very best Pennsylvania.

Nevada has but to release its September 2021 GGR numbers. The condition noted total gaming income of $821.one million in September 2020.