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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.

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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*.

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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

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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:

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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

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MAJOR LEAGUE BASEBALL SELECTS SPORTRADAR TO TRANSFORM PLAYER TALENT SCOUTING FOR ALL 30 CLUBS

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MAJOR LEAGUE BASEBALL SELECTS SPORTRADAR TO TRANSFORM PLAYER TALENT SCOUTING FOR ALL 30 CLUBS

 

Sportradar today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs.  This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovative and game-changing solutions to the league.

Under the agreement, MLB and its 30 Clubs will gain access to an unprecedented depth of player analysis and insights with event coverage expanding significantly, from 3,300 to more than 20,000 games – an over 600% increase. This includes college, international, professional partner leagues and leading amateur leagues, such as the MLB Draft League, the Appalachian League and MLB Develops events, and, for the first time, top high school events.

The Synergy Coaching and Scouting solution is uniquely positioned to address the player evaluation needs of MLB as it leverages Sportradar’s expertise ingesting and transforming millions of data points from video into detailed metrics, actionable insights and dynamic visualizations. This, combined with Sportradar’s AI-powered sports performance technology, enables Synergy to provide unparalleled, in-depth analysis of every player, play and game situation, and equips MLB and Club scouts with the information and insights they need to streamline the evaluation process, guide draft decisions and support the development of future MLB players.

“Sportradar’s cutting-edge technology, alongside our reputation as a trusted partner to leading US sports leagues, is driving the transformation of sports performance analysis,” said Eduard Blonk, Chief Commercial Officer, Sportradar. “Through Synergy we are pleased that we are expanding our relationship with MLB, equipping them with the deep data and insights they need to identify the next generation of players. We are eager to continue bringing innovative solutions to MLB.”

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“We are excited to expand our relationship with Sportradar and ensure equal access to the Synergy video and data services for all 30 MLB Clubs. This platform has become a key resource for Clubs in the domestic and international scouting process and we look forward to continuing our work with Sportradar in the coming years,” said John D’Angelo, MLB’s Sr. Vice President of Amateur and Medical Operations.

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Financial reports

Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth

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Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth

 

U.S. commercial gaming revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue.

Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8.0 percent ahead of 2023 and putting the industry on track for a fourth straight record revenue year.

In Q3 2024, 29 of the 35 commercial gaming jurisdictions operational last year saw increased year-over-year revenue. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes tied directly to gaming revenue, with commercial gaming operators contributing $3.79 billion in taxes across the quarter.

Quarterly revenue from land-based gaming – encompassing casino slots, table games and retail sports betting – totaled $12.56 billion, 0.62 percent lower than Q3 2023. Meanwhile, combined revenue from online sports betting and iGaming totaled $5.14 billion in Q3 2024 as online gaming made up 29.0 percent of commercial gaming revenue, a significantly higher share than in Q3 2023.

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Looking at each sector in Q3 2024:

  • Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.38 billion, a contraction of 0.9 percent year-over-year.
  • Legal Sports Betting: Americans legally wagered $30.3 billion on sports, generating $3.24 billion in quarterly revenue (+42.4% YoY). Recent market launches in Kentucky, Maine, North Carolina and Vermont contributed to this growth.
  • iGaming: iGaming generated $2.08 billion in revenue, marking a 30.3 percent year-over-year increase.

“Q3 2024 continued gaming’s momentum from the first half of the year, with online casino and sports betting driving strong growth. At the same time, new brick-and-mortar casino openings bolstered traditional gaming, which still accounts for the bulk of industry revenue,” said AGA Vice President of Research David Forman. “More than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states.”

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BGaming pens Brazilian multi-brand agreement with Cometa Gaming

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BGaming pens Brazilian multi-brand agreement with Cometa Gaming

 

Popular iGaming content provider BGaming has solidified its market position in Brazil by securing an aggregation deal with Cometa Gaming.

Cometa Gaming is an online casino and sportsbook aggregator with several brands in Brazilian market, all in the regulatory process. The group handpicks the best slot studios in the industry to meet the high standards of its passionate players.

BGaming has initially launched its entire portfolio with Cometa Gaming’s iGaming and sports betting brand Br4bet, including popular titles such as Fruit Million, Burning Chilli X and Space XY. The provider will continue to roll out its games across several of the platform’s other brands over the coming months.

This latest partnership demonstrates BGaming’s growing demand in LatAm ahead of the Brazil’s regulated market launching in January, where it remains committed to delivering a safe, fair and entertaining experience for players.

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Gian Carlo Ferrini, Sales Manager at BGaming, said: “Partnering with Cometa Gaming is a major move for BGaming, enabling us to broaden the reach of our award-winning content to LatAm players across its multiple brands. So far, we have enjoyed early success with Br4bet and look forward to launching with Cometa Gaming’s other casino sites in the future.”

Thomaz Campos, COO at Cometa Gaming, said: “BGaming continues to break new ground in Brazil and we are delighted to have them live on Br4bet. Their games will help us achieve our goal of delivering the most appealing and forward-thinking content to players, as we both work towards a shared commitment to excellence.”

 

BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,600+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.

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