Gambling in the USA
PlayPennsylvania.com: Sportsbooks, online casinos post near-record September
Pennsylvania’s online and retail sportsbooks celebrated the third anniversary of legal sports betting in the state by handling more wagers in October than any other month. The record $776 million in sports bets also pushed the state’s lifetime handle to more than $10 billion, this as Pennsylvania’s ever-expanding online gambling industry set another revenue record and joined New Jersey as the only states to produce $1 billion in revenue over a calendar year, according to PlayPennsylvania, which tracks regulated online gaming and sports betting in the state. Â
“The convergence of all that betting inventory, particularly with five weekends of football, made a record in October all but assured,” said Katie Kohler, analyst for PlayPennsylvania.com. “Such a big leap in October shows that Pennsylvania still has an increasing base of bettors, and those bettors are placing more in wagers as they become increasingly comfortable with in-game and proposition betting.”
Spurred by five full weekends of football, and boosted with postseason baseball and the opening of the NHL and NBA seasons, bettors poured $776.3 million in wagers into Pennsylvania’s online and retail sportsbooks in October, according to official data released Tuesday. That was up 47.6% from $525.8 million in October 2020 and up 34.1% from $578.8 million in September. Only New Jersey and Nevada have ever produced more in bets over a single month.
Operators generated $42.3 million in gross revenue in October, down 11.6% from $47.8 million in October 2020 and down 12.1% from $48.1 million in September. October’s revenue was well short of the record $49.3 million in revenue generated in January. In the end, sportsbooks produced $23.5 million in taxable revenue after $18.7 million in promotional spending, which yielded $8.4 million in state taxes and local share assessments.
The state’s first retail sportsbooks launched in November 2018, generating $508,997 in gross revenue on just $1.4 million in bets. Since, sportsbooks have generated:
- $10.1 billion in wagers, $5.04 billion of which has come in 2021
- $766.8 million in gross revenue, including $382.6 million so far this year
- $232.9 million in promotional spending, or “free bets”
- $192.2 million in state taxes, including $92.7 million in 2021
“Three years in, and the state’s sportsbooks continue to expand,” said Dustin Gouker, analyst for the PlayUSA.com Network, which includes PlayPennsylvania.com. “Remarkably, about half of all wagers and revenue have come through sportsbooks in the last 10 months. Pennsylvania clearly has room to grow before it reaches its ceiling.”
$714.1 million of October’s wagers came through online sportsbooks, representing 92.0% of the state’s handle. FanDuel claimed 37.9% of the online market with $270.8 million in wagering, up from $183.7 million in September. Revenue fell to $19.3 million in October from $21.2 million in September.
DraftKings was second in the state with $201.7 million in wagers, representing 28.2% of the online market. Those bets yielded $9.6 million in gross revenue. Penn National’s Barstool-branded app was third in October with $71.5 million in wagers, which yielded $118,849 in gross revenue. BetMGM was fourth with a $65.9 million handle, producing $4.3 million in gross revenue.
Retail sportsbooks accounted for the remaining $62.2 million in wagers in October, up 16.2% from $53.5 million in October 2020 and up 21.2% from $51.3 million in September. Those wagers created $5.05 million in gross revenue, down from $7.2 million in September. Rivers Pittsburgh led retailers with $9.3 million in bets, topping Rivers Philadelphia’s $9.1 million handle.
“Online sportsbooks in particular benefit from NFL regular season games, which offer hundreds of options for in-game betting in addition to more conventional bets,” Kohler said. “Props and in-game betting are now a cornerstone for growth.”Â
Online casinos and poker
Online casinos and poker rooms shattered the state record with $117.04 million in gross gaming revenue, pushing annual revenue to a record $1.05 billion through 10 months of 2021. New Jersey and Pennsylvania both reached $1 billion in annual online casino revenue in October, the first states to reach the milestones.
Revenue was up 58.8% from $73.7 million in October 2020 and up 4.7% from $111.8 million in September. The previous revenue record was $113.8 million, set in May.Â
Wagering at online casinos hit $4.1 billion in October, up from $3.5 billion in September. The win produced $102.9 million in taxable revenue, generating $43.3 million in state and local taxes.
“Online gambling continues to thrive, while the state has a consistent and significant revenue generator,” Gouker said. “Pennsylvania taxes its online gambling industry at a higher rate than any other open market in the U.S., and that decision made years ago by regulators has proven to be a valuable one for the state.”
Other highlights from October:
- Online casino and poker rooms generated $3.8 million in gross gaming revenue per day over the 31 days of October, up from $3.7 million per day in September.
- Penn National, which includes the DraftKings, BetMGM, Barstool, and Hollywood casinos, topped the market with $44.4 million in gross revenue. Rivers Philadelphia, which includes SugarHouse, Borgata, and BetRivers casinos, was second with $31.0 million.
- Poker generated $2.9 million in revenue. Mount Airy/PokerStars topped operators with $1.9 million in revenue.
Gambling in the USA
Snoqualmie Casino Announces Exciting Rebranding to Snoqualmie Casino & Hotel Ahead of Major Expansion
Snoqualmie Casino has announced its rebranding to Snoqualmie Casino & Hotel, reflecting an exciting new chapter in the venueâs history as it embarks on a much-anticipated expansion. Set for completion in mid-2025, this project promises to elevate the guest experience, making Snoqualmie Casino & Hotel a premier destination for entertainment, relaxation, and culinary excellence.
The cornerstone of the expansion is the construction of a luxurious hotel, which will offer guests unparalleled comfort and stunning views of the Snoqualmie Valley and Mount Si. With a focus on sustainability and modern design, the hotel will feature upscale accommodations, a full-service destination spa, and amenities that cater to both leisure and business travelers. Plus, there are architectural details inspired by Snoqualmie culture from a modern slant roof hotel design representing the original longhouses of the Snoqualmie Tribeâs ancestors to carefully chosen artwork placed throughout for guests to enjoy.
Snoqualmie Casino & Hotelâs destination spa will offer an immersive escape that blends relaxation with the healing power of nature. Nestled in the serene landscapes of the Pacific Northwest, the spa provides a range of rejuvenating treatments. Experience the perfect blend of wellness and nature where luxury, tradition and innovation come together for an incredibly transformative experience.
âIt is my honor and privilege to announce that Snoqualmie Casino has now become Snoqualmie Casino and Hotel. Over the past three years, the Snoqualmie Tribe and Casino have been diligently working to bring a one-of-a-kind, world-class hotel to the Snoqualmie Valley,â said Interim CEO Mary Lou Patterson.
In addition, Snoqualmie Casino & Hotel will expand its gaming floor, introducing an array of new options to enhance the entertainment experience for guests. This expansion will include the latest slots, electronic and traditional table games, as well as a dedicated high-limit gaming area for discerning players seeking a more exclusive gaming experience.
One of the highlights of the expansion is the development of a state-of-the-art 2000-seat entertainment and convention center. This versatile venue will host a variety of events, from concerts to conferences, positioning Snoqualmie Casino & Hotel as a key player in the regionâs entertainment landscape. With cutting-edge technology and a focus on guest comfort, the center will attract top-tier talent and events, making it a must-visit destination.
In addition to the award-winning Vista Prime Steaks & Seafood, 12 Moons, and Falls Buffet, a new sports bar and grill will be introduced to provide patrons with the ultimate game day experience. Other new dining options, set to open later, will showcase local ingredients and flavors, ensuring a memorable culinary experience for guests.
Snoqualmie Casino & Hotel recently launched a brand-new valet garage. The dual level indoor and outdoor structure, with 600 additional spaces, doubles the previous capacity for valet parking creating easier access into the casino. This is the first piece of new development at Snoqualmie Casino & Hotel that has opened for immediate use. The entire project anticipates creating numerous job opportunities for local residents, contributing to the economic growth of the Snoqualmie area.
Gambling in the USA
Wind Creek Chicago Southland to Open to the Public on November 11
Wind Creek Chicago Southland has announced that it will open to the public on November 11. The state-of-the-art casino represents the first step toward delivering a full-scale integrated resort experience, scheduled for completion in spring 2025.
Spanning an impressive 70,000 square feet, Wind Creek Chicago Southland features over 1400 slot machines, 56 table games, high-limit slot areas, a high-limit table games salon, a poker room, a dynamic sportsbook, and 4 âHidden Gemsâ throughout the casino floorâoffering visitors a unique and customizable private gaming and event microenvironment. Designed with an emphasis on curated entertainment spaces, this new offering aims to redefine leisure and hospitality for the entire region.
âThe opening of Wind Creek Chicago Southland underscores our dedication to making a positive economic impact in the communities we serve. Weâre committed to create opportunities that support the region, offer competitive benefits for Team Members, and further strengthen the vibrant Southland community,â said Jay Dorris, President and CEO of Wind Creek Hospitality.
Wind Creek Chicago Southland is expected to create more than 1000 full-time jobs in fields ranging from hospitality to technology. Roles will include security, gaming attendants, food service, IT technicians, and environmental services, reinforcing Wind Creekâs commitment to strengthening the local economy. Additionally, Homewood and East Hazel Crest will benefit from gambling revenue, along with 42 other south suburban communitiesâfunding essential local services within the immediate and surrounding communities.
âWind Creek Chicago Southland is more than a casinoâitâs a community-driven destination. The Tribe and Wind Creek will continue to prioritize the Villages of Homewood and East Hazel Crest as we are committed to uplifting our neighbors,â said Stephanie Bryan, Tribal Chair and CEO, Poarch Creek Indians.
On Nov. 6th and Nov. 7th, the Illinois Gaming Board visited the casino for two mandatory test days, which also included an extended invitation to family friends and local dignitaries. Wind Creek Hospitality received notice of approval on Nov. 8th to operate on Monday, Nov. 11th at approximately 11:00 a.m.
The Nov. 11th opening marks only the beginning of what will become a flagship destination. High-limit gaming rooms, a hotel, spa, poker room, a sportsbook and more will be available for Guests seeking diverse experiences. Wind Creekâs partnership with Fabio Viviani Hospitality Group will also introduce an exceptional range of signature restaurants and food & beverage offerings to the highly anticipated property.
âWhether youâre looking for elevated dining, quick-service eateries, or something in betweenâyou wonât be disappointed as weâre creating something truly unforgettable,â said Fabio Viviani.
âFrom the start, our mission has been to create jobs, spur economic growth, and offer the ultimate entertainment escape. Weâre thrilled to welcome our Guests on Nov. 11th to experience the excitement firsthand,â said Roger Kuehn, EVP and General Manager of Wind Creek Chicago Southland.
Gambling in the USA
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View a video version of this story
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