Pennsylvania Ends Yr With Document $204 Million In On-line On line casino Income
Pennsylvania reached a milestone that nobody noticed coming when on-line casinos turned authorized. The Pennsylvania Gaming Management Board (PGCB) reported operators generated an all-time excessive of $204.2 million in December income. It’s the primary time ever that any state has eclipsed the $200 million threshold.
PA on-line casinos have been hinting at this doable landmark complete during the last three months. The earlier three months additionally featured two information:
- September: $187.3 million
- October: $186.9 million
- November: $191.9 million
Pennsylvania ended 2023 breaking three of its personal US on-line on line casino information in 4 months. PlayPennsylvania Managing Editor, Chris Imperiale, mentioned:
“Pennsylvania on-line casinos proceed to interrupt information. This December, they exceeded $200 million in gross income for the primary time ever, ending the month with a complete of over $204 million. The brand new all-time, all-market US mark narrowly took down the earlier greatest from November by about $12 million. December noticed a rise in manufacturing of about 6.4% from final month, whereas the efficiency topped year-over-year figures by greater than 22%. That is now the fourth consecutive month with income surpassing $186 million. With 2023 now full, PA on-line casinos ended the yr with over $2.1 billion in income, setting one other new file.”
Breakdown of PA on-line on line casino December 2023 revenues
- On-line slots income: $155,991,450
- Desk video games income: $45,829,060
- On-line poker income: $2,404,150
Full December income breakdown by PA on line casino licensee under.
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Fast evaluation from December PA on-line on line casino figures
- The primary takeaway is the straightforward undeniable fact that Pennsylvania eclipsed a monumental milestone when it comes to income. When on-line casinos turned authorized in 2017, the concept of the state producing $200 million of earnings in a single month was extraordinarily far-fetched. Now that operators achieved the unattainable, it has us asking what’s in retailer for them in 2024. How rather more income can they earn?
- Pennsylvania on-line casinos generated $2.1 billion in 2023 income, which is well a brand new file. Operators recorded $1.67 billion in 2022 income. The identical query applies to the primary takeaway: How excessive can operators go?
- Pennsylvania on-line casinos delivered $2 billion in lifetime taxes to the state with December’s output. Within the record-setting month, operators generated north of $70 million in taxes, which put the lifetime complete at $2.03 billion.
PA on-line on line casino income by operator in December 2023
| Licensee | Whole Income | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn Nationwide | $76,791,669 | $56,919,125 | $19,538,279 | $334,265 | $15,840,373 | $25,359,822 |
| Valley Forge | $51,485,270 | $35,876,335 | $15,608,935 | $0 | $10,210,190 | $16,357,148 |
| Rivers Philadelphia | $38,161,006 | $33,084,769 | $4,964,744 | $111,493 | $6,841,043 | $14,983,144 |
| Harrah’s Philadelphia | $10,192,856 | $7,725,678 | $1,985,590 | $481,588 | $320,569 | $4,391,064 |
| Parx | $6,087,652 | $5,309,305 | $778,347 | $0 | $1,426,471 | $2,221,267 |
| Mount Ethereal | $4,540,771 | $2,335,279 | $728,689 | $1,476,803 | $844,583 | $1,148,237 |
| Golden Nugget | $5,188,716 | $4,838,683 | $350,033 | $0 | $1,553,532 | $1,829,988 |
| Reside! Philadelphia | $3,857,512 | $3,253,539 | $603,973 | $0 | $745,956 | $1,450,730 |
| Bally’s | $3,352,472 | $2,823,972 | $528,500 | $0 | $584,855 | $1,293,683 |
| Wind Creek | $2,776,595 | $2,451,735 | $324,860 | $0 | $644,139 | $1,028,079 |
| Mohegan Pennsylvania | $1,790,142 | $1,373,032 | $417,110 | $0 | $102,106 | $753,037 |
| Whole | $204,224,661 | $155,991,452 | $45,829,060 | $2,404,149 | $39,113,817 | $70,816,199 |
The submit Pennsylvania Ends Yr With Document $204 Million In On-line On line casino Income appeared first on Play Pennsylvania.
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