PA on-line casinos as soon as once more had a record-setting efficiency in November. In keeping with the figures launched by the Pennsylvania Gaming Management Board on Monday, PA on-line platforms reached $155.9 million in gross income final month.
This unimaginable exhibiting beat out October’s earlier mark of $151.7 million and units a brand new all-time file once more for any on-line on line casino market within the US. The Keystone State’s lifetime tax income now approaches $1.1 billion, probably the most for any state providing on-line casinos.
Pennsylvania sportsbooks held their very own, as properly, topping $789.2 million in November betting deal with. This completed up barely shy of October’s record-setting exhibiting, nonetheless, it’s a year-over-year improve of 3.6% from November 2021.
Sports activities betting income hit $70.0 million for the month, which is up 13.8% month-over-month, however down 17.6% YoY.
“Coming off of a nationwide record-setting month for gross gaming income, the PA on-line on line casino market continues to rival that of another state,” mentioned Chris Imperiale, Managing Editor of PlayPennsylvania. “November continued the pattern by setting a brand new greatest for any U.S. iGaming market with $155.9 million in gross income, bringing lifetime tax income nearer to $1.1 billion, additionally probably the most of any state.”
November 2022 numbers for Pennsylvania sports activities betting
Figures from the Pennsylvania Gaming Management Board:
- Deal with: $789.2 million (1% MoM lower; 3.6% YoY improve)
- Income: $70.0 million (13.8% MoM improve; 17.6% YoY lower) / Adjusted Gross Income (taxable): $52.9 million
- Maintain: 8.9% (up from 7.6% final month)
- P.c of bets positioned on-line: 93%
- Promotional credit: $17.1 million
- November sports activities betting taxes: $19.0 million to the state and native entities
- Prime sports activities betting app by deal with: FanDuel Sportsbook with $295.3 million (40% market share)
- Prime sports activities betting app by income: FanDuel Sportsbook ($36.1 million; 55% market share)
Full November income breakdown beneath.
November 2022 numbers for on-line casinos and poker in PA
- On-line slots income: $86.6 million
- On-line desk video games income: $39.4 million
- Poker income: $2.5 million
Full November income breakdown by PA on line casino licensee beneath.
Fast evaluation from November PA sports activities betting and on line casino figures
PA sports activities betting November takeaways
- The PA sports activities betting market goes robust in its fourth 12 months with on-line sports activities betting thanks in nice half to pleasure across the Eagles’ stellar season. YoY progress has naturally slowed, however the state’s sportsbooks nonetheless introduced in $789.2 million in deal with (3.6% YoY improve) and $70.0 million in income (17.6% YoY lower).
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PA casinos November takeaways
PA sports activities betting deal with & income by operator November 2022
| Licensee | On-line Model | Deal with | Income | Maintain | Taxes |
|---|---|---|---|---|---|
| Valley Forge | FanDuel | $297,268,965 | $36,331,549 | 12.2% | $10,311,284 |
| Hollywood Meadows | DraftKings | $211,621,455 | $14,541,211 | 6.9% | $4,387,018 |
| Hollywood Morgantown | BetMGM | $61,786,797 | $6,175,466 | 10.0% | $856,345 |
| Hollywood Penn Nationwide | Barstool | $49,411,534 | $2,749,504 | 5.6% | $735,762 |
| Rivers Pittsburgh | BetRivers | $33,968,335 | $2,285,863 | 6.7% | $580,758 |
| Harrah’s Philadelphia | Caesars | $30,784,929 | $1,877,441 | 6.1% | $496,562 |
| Parx | Parx | $23,795,214 | $1,612,258 | 6.8% | $447,499 |
| Rivers Philadelphia | PlaySugarHouse | $23,053,152 | $1,203,452 | 5.2% | $395,504 |
| Hollywood York | PointsBet | $18,587,772 | $664,161 | 3.6% | $11,413 |
| Mount Ethereal | Fox Guess | $9,012,426 | $513,778 | 5.7% | $157,622 |
| Mohegan Solar Pocono | Unibet | $7,996,064 | $477,115 | 6.0% | $94,460 |
| Dwell Philadelphia | Betway | $7,912,373 | $541,230 | 6.8% | $194,843 |
| Presque Isle | TwinSpires | $4,771,390 | $300,663 | 6.3% | $108,185 |
| Wind Creek | Wind Creek | $2,677,765 | $209,598 | 7.8% | $74,601 |
| Dwell Pittsburgh | $2,198,914 | $83,876 | 3.8% | $30,195 | |
| South Philadelphia Race & Sportsbook | $2,072,369 | $308,243 | 14.9% | $110,968 | |
| Downs at Lehigh Valley | $1,815,662 | $71,040 | 3.9% | $25,575 | |
| Parx Malvern | $495,558 | $51,502 | 10.4% | $18,541 | |
| Complete | $789,230,672 | $69,997,949 | 8.9% | $19,037,133 |
PA on-line on line casino income by operator November 2022
| Licensee | Complete Income | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn Nationwide | $66,924,828 | $47,682,467 | $18,936,454 | $305,907 | $11,269,581 | $20,188,499 |
| Rivers Philadelphia | $34,403,470 | $30,657,078 | $3,654,264 | $92,128 | $6,918,458 | $11,755,137 |
| Valley Forge | $30,144,740 | $17,506,019 | $12,638,721 | $0 | $3,671,456 | $8,524,440 |
| Mount Ethereal | $6,378,070 | $3,728,244 | $1,041,214 | $1,608,612 | $1,518,660 | $1,456,963 |
| Parx | $6,075,849 | $5,148,195 | $927,653 | $0 | $1,271,810 | $1,970,325 |
| Harrah’s Philadelphia | $4,204,884 | $2,549,088 | $1,121,937 | $533,859 | $493,203 | $1,223,908 |
| Dwell Philadelphia | $2,868,323 | $2,469,514 | $398,808 | $0 | $949,226 | $778,345 |
| Mohegan Solar Pocono | $2,503,944 | $1,977,509 | $526,434 | $0 | $484,995 | $785,711 |
| Wind Creek | $2,216,142 | $2,055,423 | $160,719 | $0 | $671,000 | $676,394 |
| Presque Isle Downs | $167,576 | $94,249 | $73,327 | $0 | $200 | $55,936 |
| Complete | $155,887,825 | $113,867,788 | $39,479,531 | $2,540,506 | $27,248,591 | $47,415,658 |
