Pennsylvania's Online Casinos Generate $160 Million in Revenue for Fourth Consecutive Month

Judging by the numbers, Pennsylvania casinos are on a multi-month record run in terms of the revenue generated, raking in more than $160m in revenue in January 2023 alone. In today’s report, we’re going to take an in-depth look at the major contributing forces as well as outline the key providers that played a major role in the state’s overall success.

How to Find the Safest Online Casinos in Pennsylvania

As the old saying goes, it’s better to be safe than sorry, so you should always do your due diligence before depositing your money online. To make your search easier, many Pennsylvania online casinos can be found here, all of which comply with the strictest editorial vetting standards.

When playing at one of these sites, you can expect fair business practices, independently verified security from the best cyber security companies of 2022, as well as a valid license from a reputable gambling authority.

A Record-breaking Multi-month Run

The recent few months can be declared a success for Pennsylvania casinos at large. Although January 2023’s $160.3m revenue was technically 3.9% lower compared to the one recorded in December 2022, keep in mind these are the kind of numbers any casino operator would be happy to see. At that point in time, the industry’s Pennsylvania-based online operators raked in $166.9m in revenue.

January is the Odd One Out

Although January’s performance was perhaps not record-breaking in and of itself, the $160.3m in gross revenue came just $7m shy of the all-time high. Compared to January 2022, that’s a 23.3% year-on-year increase.

Retail slots (20% year-on-year increase) and table games (7% year-on-year increase) were both massive contributing factors, having helped propel January’s PA gaming revenue to an 18% year-on-year increase.

In the months to come, Pennsylvania casinos are likely to be headed for continual growth. Recently, there has been an influx of new online casinos entering the market. On the brick & mortar side of things, Parx Casino Shippensburg joined the roster as well.

January’s Revenue Breakdown

For January 2023, Pennsylvania casinos’ financial revenue breakdown was as follows:

- Online slots brought in $117.4m in revenue

- Online table games brought in $40m in revenue

- Poker’s revenue stood at $2.9m

PA Online Casino Numbers by the Provider

The state’s online casino industry is booming. At the time of writing, there are 18 Pennsylvania casinos in total, and more are on the way. Although January’s financial performance wasn’t technically record-breaking, it is still a strong indicator that the industry is headed upwards.

The biggest breadwinner was Hollywood Penn National ($66m+ total revenue), followed by Rivers Philadelphia ($35m+ total revenue) and Valley Forge ($33m+ total revenue). As you can see, the number one performer brought in almost twice as much as the two runners-up.

These casinos act as licensees for other brands. Below, we’ll give you a brief presentation of each.

Hollywood Penn National

In this PA casino, numerous entertainment options await, including slots, live games, table games, as well as betting on the outcome of a horse race. As you participate in these betting activities, your progress can be tracked via the mychoice app – the more you bet, the faster your points will accumulate, and once you reach a certain plateau, you will be able to trade them in for cool rewards and prizes. A rewards program is a good way to increase customer loyalty in e-commerce, and the casino industry is no different.

Rivers Philadelphia

Rivers Philadelphia ranks among the top three poker rooms in Philadelphia. Naturally, this makes it the go-to destination for anything poker-related. Here, you will find more than plenty of low-stakes cash games, as well as regular tournaments that attract 40-80 players on a regular basis.

Of course, no casino would be what it is without some good old slots and table game action, and Rivers Philadelphia is bound to deliver plentifully in this regard as well. There is also a massive TV screen that tracks all the sports betting action, which is another good way to diversify your bets.

Valley Forge

Valley Forge is home to several casino classics, most of which fall into the slots and table games category. Since the casino is regulated by Pennsylvania Gaming Control Board, you can expect fair business practices, safety, and transparency.

As long as you are 21 years of age, you are welcome to stop by at any time and sample some of its 600 slot machines and 50 table games. Its online slot selection consists of slots from the industry-leading developers and it covers titles like Bridesmaids, White Orchid, and Tarzan. In the table games department, you will find blackjack, baccarat, three-card poker, as well as niche games like Pai gow.

Conclusion

The Pennsylvania online casino scene is thriving and the record-breaking numbers speak for themselves. Here’s to the streak continuing in the future!