February On-line On line casino Income Of $215.3 Million Smashes All-Time File
Pennsylvania on-line casinos rebounded in an enormous method final month. After a slower January, the Pennsylvania Gaming Management Board (PGCB) reported that operators produced $215.3 million in February on-line on line casino income, which is an all-time US report. It broke December’s mark of $204.2 million in income.
PA on-line casinos recorded a 32.7% year-over-year enhance and an 13.7% month-over-over enhance.
PlayPennsylvania Managing Editor, Dave Briggs, stated:
“On-line on line casino income in Pennsylvania was off the charts in February. Not solely was complete income of greater than $215 million an all-time greatest, it smashed the earlier report by greater than $11 million.
“Pennsylvania continues to indicate unimaginable progress in on-line on line casino income and that’s an incredible factor for residents of the Keystone State. Complete taxes collected from on-line casinos in February alone reached practically $77 million. That cash stays in Pennsylvania to assist the residents of Pennsylvania and helps fund downside playing sources.”
Breakdown of PA on-line on line casino February 2024 revenues
- On-line slots income: $156.2 million
- Desk video games income: $56.6 million
- On-line poker income: $2.4 million
Fast evaluation from February PA on-line on line casino figures
- For the fourth time in six months, Pennsylvania on-line casinos broke one other US report. To the Keystone State’s requirements, operators had a gradual January, producing simply $189.3 million in income. February reveals that the state is setting a brand new bar nearly each month. To not point out, February is the shortest month of the yr and shattered December’s report by over $11 million.
- Whereas the pattern dimension isn’t too giant, on-line casinos are averaging $202.3 million in income a month. Ought to the state sustain that tempo, it’ll surpass $2.4 billion in yearly earnings. In 2023, platforms produced $2.1 billion in income.
- Bally On line casino PA recorded the perfect month it ever had in February. The operator produced practically $4 million in earnings, which is a step up from January’s $3.4 million complete. It’s solely a matter of time earlier than Bally’s is constantly hitting $4 million a month, and competing with operators equivalent to Golden Nugget on-line on line casino PA and PlayLive! On line casino PA.
PA on-line on line casino income by operator in February 2024
| Licensee | Complete Income | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn Nationwide | $84,283,275 | $54,068,572 | $29,816,054 | $398,649 | $6,984,272 | $30,258,778 |
| Valley Forge | $57,223,463 | $40,458,957 | $16,764,507 | $0 | $12,466,329 | $17,798,340 |
| Rivers Philadelphia | $36,110,619 | $32,256,405 | $3,728,043 | $126,171 | $6,840,821 | $14,340,920 |
| Harrah’s Philadelphia | $10,751,305 | $7,304,086 | $2,947,808 | $499,411 | $812,362 | $4,055,768 |
| Parx | $5,885,643 | $5,172,613 | $713,031 | $0 | $937,061 | $2,401,283 |
| Golden Nugget PA | $4,820,019 | $4,193,575 | $626,444 | $0 | ($880,048) | $2,484,834 |
| Mount Ethereal | $4,648,762 | $2,784,979 | $452,109 | $1,411,673 | $1,059,475 | $1,223,575 |
| Dwell Philadelphia | $3,926,790 | $3,363,955 | $562,835 | $0 | $614,746 | $1,574,626 |
| Bally’s State School | $3,916,162 | $3,586,192 | $329,970 | $0 | $906,844 | $1,312,089 |
| Wind Creek | $2,384,232 | $2,007,786 | $376,446 | $0 | $527,659 | $859,500 |
| Mohegan Solar Pocono | $1,338,483 | $1,011,042 | $327,441 | $0 | $74,333 | $558,214 |
| Complete | $215,288,753 | $156,208,162 | $56,644,688 | $2,435,904 | $30,343,854 | $76,867,927 |
The publish February On-line On line casino Income Of $215.3 Million Smashes All-Time File appeared first on Play Pennsylvania.
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