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PGCB Reports Record Revenue in March 2024

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Pennsylvania Gaming Control Board Releases Annual Report

 

All-time high for iGaming revenue spurs overall increase

The Pennsylvania Gaming Control Board (PGCB) reported  that the combined total revenue generated from all forms of gaming, along with fantasy contests, during March 2024 was $554,625,294, an all-time monthly high eclipsing the previous high revenue month of December 2023 of $534,215,808.

The March revenue figure was also a 7.64% increase over the $515,278,831 revenue figure of last March.

Internet Casino-Type Gaming (iGaming) continued to be the driver for the overall growth with a 28.95% increase in revenue generated in March 2024 over March 2023.

Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). The PGCB has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.

Total tax revenue generated collectively through all forms of gaming and fantasy contests was $229,566,989* during March 2024.

The following chart compiles all revenue generated in March 2024 by casinos, along with fantasy contests and VGTs operated by other vendors and includes a comparison to total revenue generated in March 2023.

Source March 2024
Total Revenue
March 2023
Total Revenue
% Change
Hollywood Casino at Penn National Race Course $88,176,795 $80,928,428 8.96%
Valley Forge Casino Resort $88,008,949 $68,510,263 28.46%
Parx Casino $59,491,008 $60,440,432 -1.57%
Rivers Casino Philadelphia $54,510,221 $53,461,999 1.96%
Wind Creek Bethlehem $49,982,144 $47,247,055 5.79%
Rivers Casino Pittsburgh $34,094,794 $35,491,060 -3.93%
Live! Casino Philadelphia $27,917,692 $26,546,348 5.17%
Hollywood Casino at the Meadows $27,542,944 $31,196,409 -11.71%
Harrah’s Philadelphia $24,555,270 $20,012,094 22.70%
Mohegan Pennsylvania $21,220,683 $21,323,198 -0.48%
Mount Airy Casino Resort $20,894,658 $21,718,881 -3.79%
Live! Casino Pittsburgh $10,982,199 $10,529,738 4.30%
Hollywood Casino York $10,247,946 $9,390,319 9.13%
Presque Isle Downs and Casino $9,447,528 $9,144,781 3.31%
Hollywood Casino Morgantown $8,688,527 $9,472,589 -8.28%
Golden Nugget $4,467,658 n/a n/a
Parx Shippensburg $3,950,153 $3,065,542 28.86%
Video Gaming Terminals $3,739,380 $3,757,506 -0.48%
Bally’s Pennsylvania $3,571,292 n/a n/a
The Casino at Nemacolin $2,031,471 $1,643,538 23.60%
Fantasy Contests $1,103,979 $1,398,651 -21.07%
Statewide Total $554,625,294 $515,278,831 7.64%

March Revenue by Game Type

The PGCB is also providing a synopsis of revenue year-over-year by types of games:

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Type of Gaming Revenue March 2024 March 2023 % Change
Retail Slots Revenue $227,891,331 $225,408,088 1.10%
iGaming Slot Revenue $135,519,554 $104,827,884 29.28%
Retail Tables Revenue $85,222,921 $85,880,299 -0.77%
iGaming Tables Revenue $53,091,910 $40,471,434 31.18%
Sports Wagering Revenue $45,581,570 $50,645,259 -10.00%
Video Gaming Terminals Revenue $3,739,380 $3,757,506 -0.48%
iGaming Poker Revenue $2,474,651 $2,889,710 -14.36%
Fantasy Contests Revenue $1,103,979 $1,398,651 -21.07%
Total Gaming Revenue $554,625,294 $515,278,831 7.64%

Retail Slot Machine Revenue

This March’s revenue from the play of retail slot machines was $227,891,331, a 1.10% increase in revenue when compared to the $225,408,088 generated in March 2023.

The number of slot machines in operation in March 2024 was 24,886 compared to 25,643 at the casinos in March 2023.

Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Casino March 2024 
Slots Revenue
March 2023 Slots Revenue % Change
Parx Casino $34,287,431 $35,132,544 -2.41%
Wind Creek Bethlehem $27,401,508 $24,952,451 9.81%
Rivers Casino Pittsburgh $25,245,164 $24,914,181 1.33%
Mohegan Pennsylvania $16,290,061 $16,497,467 -1.26%
Hollywood Casino at the Meadows $15,007,905 $15,719,771 -4.53%
Live! Casino Philadelphia $14,389,350 $13,063,698 10.15%
Mount Airy Casino Resort $13,658,998 $12,877,395 6.07%
Hollywood Casino at Penn National Race Course $12,774,661 $13,876,054 -7.94%
Rivers Casino Philadelphia $12,228,305 $13,140,061 -6.94%
Harrah’s Philadelphia $10,023,622 $11,429,140 -12.30%
Valley Forge Casino Resort $9,831,979 $9,902,697 -0.71%
Live! Casino Pittsburgh $9,344,667 $8,938,923 4.54%
Presque Isle Downs and Casino $8,176,517 $8,091,267 1.05%
Hollywood Casino York $7,776,133 $7,136,738 8.96%
Hollywood Casino Morgantown $5,773,193 $5,356,662 7.78%
Parx Shippensburg $3,841,602 $2,903,476 32.31%
The Casino at Nemacolin $1,840,233 $1,475,563 24.71%
Statewide Total $227,891,331 $225,408,088 1.10%

Tax revenue from the play of slots machines in March 2024 was $114,998,778*.

Retail Table Games Revenue

Retail Table games revenue for March 2024 was $85,222,921, an decrease of 0.77% from March 2023 when revenue was $85,880,299.

Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.

Casino March 2024 Table 
Games Revenue
March 2023 Table Games Revenue % Change
Wind Creek Bethlehem $20,365,497 $19,972,721 1.97%
Parx Casino $18,570,562 $17,802,035 4.32%
Live! Casino Philadelphia $9,320,905 $9,001,914 3.54%
Rivers Casino Philadelphia $8,933,702 $8,229,283 8.56%
Rivers Casino Pittsburgh $7,347,017 $8,540,581 -13.98%
Mohegan Pennsylvania $3,286,889 $2,702,823 21.61%
Valley Forge Casino Resort $2,992,253 $2,904,805 3.01%
Mount Airy Casino Resort $2,866,979 $2,988,812 -4.08%
Harrah’s Philadelphia $2,534,802 $2,507,003 1.11%
Hollywood Casino at the Meadows $1,801,394 $3,166,496 -43.11%
Live! Casino Pittsburgh $1,542,583 $1,501,829 2.71%
Hollywood Casino at Penn National Race Course $1,469,859 $2,603,090 -43.53%
Hollywood Casino York $1,462,783 $1,621,802 -9.81%
Presque Isle Downs and Casino $1,270,216 $910,855 39.45%
Hollywood Casino Morgantown $1,159,068 $1,102,544 5.13%
The Casino at Nemacolin $191,239 $167,975 13.85%
Parx Shippensburg $107,174 $155,732 -31.18%
Statewide Total $85,222,921 $85,880,299 -0.77%

Total tax revenue from table games play during March 2024 was $13,986,818*.

Internet Casino-Type Gaming (iGaming) Revenue

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Casino games offered online generated monthly gross revenue totaling $191,086,114 during March 2024 compared to $148,189,028 in March 2023, an increase of 28.95%.

A breakdown of revenue of casino games offered online is as follows:

Casino Operator iSlots
Revenue
iTables Revenue iPoker Revenue Total iGaming Revenue
Hollywood Casino at Penn National Race Course $49,238,553 $22,628,019 $419,798 $72,286,369
Valley Forge Casino Resort $31,109,941 $19,720,485   $50,830,426
Rivers Casino Philadelphia $28,583,057 $4,045,190 $130,992 $32,759,238
Harrah’s Philadelphia $7,825,763 $2,020,472 $555,982 $10,402,217
Parx Casino $4,272,694 $1,404,171   $5,676,865
Golden Nugget $3,971,467 $496,192   $4,467,658
Mount Airy Casino Resort $2,002,914 $941,986 $1,367,879 $4,312,779
Bally’s Pennsylvania $3,034,348 $536,944   $3,571,292
Live! Casino Philadelphia $2,680,330 $820,838   $3,501,168
Wind Creek Bethlehem $1,775,903 $311,386   $2,087,290
Mohegan Pennsylvania $1,024,584 $166,226   $1,190,810
Statewide Total $135,519,554 $53,091,910 $2,474,651 $191,086,114

Tax revenue generated from internet gaming play during March 2024 was $82,061,953*.

Total iGaming revenue for each of the casinos during March 2024 and March 2023, if applicable, is as follows:

Operator March 2024
iGaming Revenue
March 2023
iGaming Revenue
% Change
Hollywood Casino at Penn National Race Course $72,286,369 $62,302,880 16.02%
Valley Forge Casino Resort $50,830,426 $31,817,902 59.75%
Rivers Casino Philadelphia $32,759,238 $30,548,308 7.24%
Harrah’s Philadelphia $10,402,217 $4,881,138 113.11%
Parx Casino $5,676,865 $5,644,943 0.57%
Golden Nugget $4,467,658 n/a n/a
Mount Airy Casino Resort $4,312,779 $5,186,941 -16.85%
Bally’s Pennsylvania $3,571,292 n/a n/a
Live! Casino Philadelphia $3,501,168 $3,997,450 -12.41%
Wind Creek Bethlehem $2,087,290 $2,089,618 -0.11%
Mohegan Pennsylvania $1,190,810 $1,719,849 -30.76%
Statewide Total $191,086,114 $148,189,028 28.95%

Sports Wagering Revenue

March 2024, total sports wagering handle was $800,718,332 or 10.67% above the March 2023 total of $723,545,806.

At the same time, the taxable revenue figure for March 2024 was $45,581,570, or 10.00% lower when compared to March 2023, when taxable revenue was $50,645,259.

March 2024 sports wagering total handle and revenue is as follows:

Casino Operator Total
Handle3
Retail
Revenue
Online Revenue Total Revenue
Valley Forge Casino Resort $333,189,800 $180,705 $24,173,585 $24,354,291
Hollywood Casino at the Meadows $209,222,648 $172,046 $10,561,598 $10,733,645
Hollywood Casino Morgantown $51,939,662 $207,969 $1,548,298 $1,756,267
Hollywood Casino at Penn National $54,637,036 $235,449 $1,410,457 $1,645,905
Harrah’s Philadelphia $33,433,001 $152,439 $1,442,191 $1,594,630
Rivers Casino Pittsburgh $30,114,208 $375,556 $1,127,058 $1,502,613
Hollywood Casino York $31,934,997 $238,386 $770,643 $1,009,030
Parx Casino $16,666,192 $164,481 $674,680 $839,160
Live! Casino Philadelphia $8,199,239 $661,927 $44,343 $706,269
Rivers Casino Philadelphia $19,501,294 $233,432 $355,544 $588,976
Mohegan Pennsylvania $5,376,276 $133,320 $153,668 $286,988
Mohegan Lehigh Valley2 $1,359,066 $165,935 $0 $165,935
Wind Creek Bethlehem $1,348,188 $57,763 $70,087 $127,850
South Philly Race & Sportsbook1 $1,209,576 $116,990 $0 $116,990
Live! Casino Pittsburgh $1,160,917 $94,949 $0 $94,949
Mount Airy Casino Resort $470,131 $55,902 $0 $55,902
Parx Shippensburg $65,711 $1,377 $0 $1,377
Presque Isle Downs and Casino $890,390 $795 $0 $795
Statewide Total $800,718,332 $3,249,418 $42,332,151 $45,581,570

Operated by Parx Casino
Operated by Mohegan Pennsylvania
A breakout of the handle between retail and online sportsbooks can be found on the website report. 

Sports wagering revenue for each of the casinos for March 2024 and March 2023, if applicable, is as follows:

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Operator March 2024 Sports 
Wagering Revenue
March 2023 Sports 
Wagering Revenue
% Change
Valley Forge Casino Resort $24,354,291 $23,884,858 1.97%
Hollywood Casino at the Meadows $10,733,645 $12,310,143 -12.81%
Hollywood Casino Morgantown $1,756,267 $3,013,384 -41.72%
Hollywood Casino at Penn National Race Course $1,645,905 $2,146,404 -23.32%
Harrah’s Philadelphia $1,594,630 $1,194,813 33.46%
Rivers Casino Pittsburgh $1,502,613 $2,036,298 -26.21%
Hollywood Casino York $1,009,030 $631,779 59.71%
Parx Casino $839,160 $1,582,649 -46.98%
Live! Casino Philadelphia $706,269 $483,286 46.14%
Rivers Casino Philadelphia $588,976 $1,544,347 -61.86%
Mohegan Pennsylvania $286,988 $282,584 1.56%
Mohegan Lehigh Valley2 $165,935 $120,476 37.73%
Wind Creek Bethlehem $127,850 $232,264 -44.95%
South Philly Race & Sportsbook1 $116,990 $215,950 -45.83%
Live! Casino Pittsburgh $94,949 $88,986 6.70%
Mount Airy Casino Resort $55,902 $665,733 -91.60%
Parx Shippensburg $1,377 $6,335 -78.26%
Presque Isle Downs and Casino $795 $142,659 -99.44%
Parx Malvern3 n/a $62,311 n/a
Statewide Total $45,581,570 $50,645,259 -10.00%

1Operated by Parx Casino
Operated by Mohegan Pennsylvania
3 No longer operating

Tax revenue generated from sports wagering during March 2024 was $16,409,365*.

Video Gaming Terminals

Total adjusted revenue for March 2024 for video gaming terminals (VGTs) was $3,739,380, or 0.48% lower than March 2023 when revenue was $3,757,506. By the end of March 2024, all VGT Operators offered the maximum permitted five machines at 74 qualified truck stop establishments, compared to five machines at 66 establishments at this time last year.

Truck Stop VGT adjusted revenue for each of the terminal operators during March 2024 is as follows:

VGTs Terminal Operator March 2024 VGT Revenue March 2023 VGT Revenue % Change
Marquee by Penn1 $2,413,138 $2,239,167 7.77%
J&J Ventures Gaming2 $1,037,408 $1,162,180 -10.74%
Jango3 $241,373 $356,158 -32.23%
Venture Gaming LLC4 $41,206 n/a n/a
Accel Entertainment Gaming5 $6,255 n/a n/a
Statewide Total $3,739,380 $3,757,506 -0.48%

1 operated VGTs in 30 establishments during March 
2 operated VGTs in 29 establishments during March 
3 operated VGTs in 10 establishments during March 
4 operated VGT’s in 4 establishments during March 
5 operated VGTs in 1 establishment during March

Tax revenue collected from the play of VGTs in March 2024 was $1,944,478*.

Fantasy Contests

Fantasy Contests revenue was $1,103,979 in March 2024, a decrease of 21.07% over March 2023, when revenue was $1,398,651.

Fantasy Contests Operator March 2024 Fantasy Revenue March 2023 Fantasy Revenue % Change
DraftKings $864,567 $948,301 -8.83%
FanDuel $172,801 $387,273 -55.38%
Underdog Sports, Inc. $60,734 $49,435 22.86%
Yahoo Fantasy Sports $3,452 $5,209 -33.74%
Fantasy Sports Games LLC $2,599 $1,434 81.24%
Sportshub Technologies -$7 -$4 n/a
OwnersBox -$166 $89 n/a
Jock MKT n/a -$135 n/a
No House Advantage n/a $7,047 n/a
Statewide Total $1,103,979 $1,398,651 -21.07%

Tax revenue collected from the play of Fantasy Contests in March 2024 was $165,597*.

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*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue

Compliance Updates

Licenses received: RockApp strengthens its position in the US iGaming market

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Licenses received: RockApp strengthens its position in the US iGaming market

 

RockApp, a leading global media buying agency, proudly announces that it has obtained official licenses in all regulated US states, allowing it to promote iGaming services nationwide, including Colorado, Indiana, Massachusetts, Michigan, New Jersey, Pennsylvania, and West Virginia. With these licenses, RockApp is now authorized to operate in all regulated US states, except for New York. This achievement comes amidst tightening regulatory standards, underscoring the agency’s commitment to compliance and excellence in performance marketing. The move positions RockApp as a trusted partner for iGaming companies looking to expand their reach in one of the world’s largest and fastest-growing markets.

These developments enable the agency to work with prominent industry players, including established American brands, and deliver targeted advertising campaigns with measurable results. By securing a legal presence in all regulated states, RockApp reinforces its reputation as a reliable and professional partner, capable of navigating complex regulatory landscapes.

This milestone is part of RockApp’s broader strategy to strengthen its position as a global leader in the media buying industry. Over the past year, the company has demonstrated impressive growth, achieving a 440% increase in customer acquisition, a 300% boost in turnover, and a record-breaking 4,000 first-time deposits achieved in a single day. These achievements reflect RockApp’s dedication to innovation, strategic planning, and delivering exceptional value to its clients.

“This is a pivotal moment for RockApp,” said Niko Belikov, Founder at RockApp. “Securing licenses in the US not only opens new doors for us but also allows us to bring our expertise in iGaming promotion to a market that values professionalism and results. We’re excited to support our clients as they navigate this dynamic landscape and achieve unparalleled success.”

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Compliance Updates

Media Troopers Receives Two-Year Renewal of Colorado Sports Betting License

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Media Troopers Receives Two-Year Renewal of Colorado Sports Betting License

 

Media Troopers, a leading digital marketing agency specializing in sports betting and iGaming, has marked its two-year anniversary in promoting sports betting in Colorado as a vendor licensed by the state.

Shmulik Segal, CEO of Media Troopers said: “We are very proud of this renewal, as it marks a milestone of two successful years of growth and commitment to the State of Colorado.”

Colorado’s Division of Gaming has renewed Media Troopers’ vendor license, allowing the company to promote sports betting offers for its customers until January 2027.

“Receiving a new license and debuting in a state is always exciting, but it is where the hard work begins,” Segal added. “So I am proud to celebrate two successful years of hard work and dedication in promoting safe and reponsible gaming for our Colorado partners such as BetMGM, bet365, and BetFanatics.”

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Latest News

1/ST and Goodwood Racecourse announce Group 1 pathways between the United Kingdom and North America

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1/ST, North America’s preeminent Thoroughbred racing and pari-mutuel wagering company, and Goodwood Racecourse, one of the United Kingdom’s leading racecourses, today announce a new initiative that will see a reciprocal partnership between 1/ST-owned racecourses in North America and Goodwood Racecourse in the United Kingdom.

This exciting new partnership will see horses gain automatic entry following success at the Pegasus World Cup meeting at Gulfstream Park on January 25, and at Goodwood Racecourse’s world-famous five-day festival, the Qatar Goodwood Festival presented by Visit Qatar.

The Pegasus World Cup Turf winner in 2025 will be granted automatic entry to the 2025 running of the Qatar Sussex Stakes. Likewise, the victor of the 2025 Pegasus World Cup Filly and Mare Turf will gain automatic entry to the Qatar Nassau Stakes in 2025.

Additionally, the winner of this year’s £1m, Group 1 Qatar Sussex Stakes will gain automatic entry to the Pegasus World Cup Turf in 2026 and the winner of the Group 1 Qatar Nassau Stakes will gain automatic entry to the Pegasus World Cup Filly and Mare Turf in 2026.

This new partnership will create an easily accessible pathway for horses to compete both in North America and the United Kingdom and help to encourage top-tier racehorses to travel and increase international participation at both fixtures – while also bolstering elite fields for global audiences and deeper fan engagement.

Aidan Butler, President of 1/ST, 
said: “Thanks again to our friends at Goodwood Racecourse as our partnership enters its second year. We can’t wait to see how our Pegasus World Cup Turf winners fare on the other side of the pond and look forward to welcoming the victors of the Qatar Sussex Stakes and Qatar Nassau Stakes back to Gulfstream Park in late January 2026 for one of the most lucrative racedays on the East Coast.

“These reciprocal pathways mark the latest strides in 1/ST’s bid to broaden the appeal and international participation in the world’s major races. We’ve already seen such incentives reap immediate rewards when Crimson Advocate won at Royal Ascot in 2023, having punched her automatic spot via our Royal Palm juvenile series at Gulfstream Park. Now, Miami can hopefully work its magic again with the Qatar Goodwood Festival!”

Edward Arkell, Director of Racing at Goodwood Racecourse, added: “We are thrilled to announce this fantastic new initiative, and I would like to thank 1/ST for their enthusiasm and support. By pairing two of our most prestigious races with a pair of turf races at the Pegasus World Cup meeting, we are confident that we have unlocked a well-scheduled gateway.

“This partnership also highlights the importance of collaborating with the best horseracing in the World and allows us the opportunity to showcase the obvious benefits of working alongside the North American horseracing circuit.”

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