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PGCB Reports Record Revenue in March 2024

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PA Gaming Control Board Removes Gambling Privileges for 14 Individuals

 

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

Central America

21VIRAL Boosts Latin American Reach Through Strategic Partnership with Virtualsoft

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21VIRAL Boosts Latin American Reach Through Strategic Partnership with Virtualsoft

 

21VIRAL, a leading games aggregator for the Central and Latin American market, has strengthened its expansion by signing an agreement with platform provider Virtualsoft

21VIRAL, a leading games aggregator for the Central and Latin American market, today announced a strategic agreement with prominent platform provider Virtualsoft, significantly strengthening its expansion across the region.

This collaboration will integrate 21VIRAL’s extensive portfolio of games into Virtualsoft’s platform, providing enhanced content options for operators across key Central and Latin American nations. Virtualsoft is a key supplier with a strong presence in markets including Ecuador and Peru, delivering innovative gaming solutions to a diverse range of operators.

Christoph Härtel, CEO of 21VIRAL, commented: “Partnering with Virtualsoft is a pivotal moment for 21VIRAL as we deepen our engagement with one of the world’s most rapidly advancing online gaming markets. Virtualsoft underpins numerous leading brands in the region, and integrating our GameConnector solution will allow swift access to their operational brands. We look forward to working closely with Virtualsoft’s talented team to deliver innovative and revenue driving gaming experiences.”

Alejandro Velez, General Manager at Virtualsoft, stated: “21VIRAL has a strong reputation for seamless integrations and profound expertise in the Latin American gaming market, making them an ideal partner for us. Together, we are streamlining operations and elevating the gaming experience for players, aiming to set new benchmarks for the industry.”

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Compliance Updates

New Initiative from DI Council Aims to Enable Betting on Professional Sports

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New Initiative from DI Council Aims to Enable Betting on Professional Sports

 

The Division I Council introduced a proposal that, if adopted in October, would change sports betting rules to permit student-athletes and staff members to bet on professional sports and refocus the Association’s enforcement efforts on college sports betting and behaviors that directly impact game integrity. If adopted, the change will be implemented only if Divisions II and III also vote to allow betting on pro sports.

The council’s introduction of the proposal, which comes after a directive from the Division I Board of Directors in April that the council adopt changes to sports betting rules, is not an endorsement of sports betting behaviors, especially for college athletes. The NCAA’s prohibition against betting on college sports would remain in place, as would the prohibitions against sharing information about college events with bettors. The NCAA also would continue to maintain its prohibition for NCAA championships  against advertising and sponsorships associated with betting.

“NCAA rules prohibiting sports betting at all levels were written and adopted at a time when sports gambling was largely illegal nationwide,” said Josh Whitman, athletics director at Illinois and chair of the council. “As betting on sports has become more widely accepted across the country, Division I members have determined that further discussion of these sports betting rules is warranted, particularly as it relates to the potential distinctions between betting on professional versus collegiate sports. Throughout our discussions, the council has remained focused on student-athlete wellness and educating student-athletes about the risks and potentially harmful impacts of betting.”

Current NCAA rules do not allow student-athletes or institutional staff to engage in sports betting at any level (professional, college or amateur) for any sports that have NCAA championships, and NCAA members have continually maintained that any betting by a student-athlete on his or her own team or own sport in college should continue to result in a permanent loss of any remaining collegiate eligibility. However, in 2023, Division I changed the reinstatement guidelines for student-athletes who participate in sports betting on professional sports to focus on harm reduction for problematic betting behaviors.

“Deregulating professional sports betting may provide schools an additional opportunity to implement harm-reduction strategies, which can be more effective and have long-term benefits not seen with abstinence-only approaches. Harm-reduction strategies include education, stigma reduction and acknowledging actual behaviors,” said Dr. Deena Casiero, NCAA chief medical officer. “By meeting student-athletes where they are, schools may be more effective at preventing, identifying and supporting student-athletes with problematic gambling behaviors. Regardless of the change, schools are encouraged to use the many sports betting resources already available.”

The recently released Harm Reduction Considerations for Gambling & Sports Betting in Collegiate Sports references available sports betting resources, including the NCAA Mental Health Best Practices. Additionally, more than 100,000 student-athletes, coaches and administrators have been reached through the NCAA’s education efforts with EPIC Global Solutions, and the NCAA has launched an e-learning module to educate student-athletes on problem gambling harms and the integrity risks associated with sports betting.

Several sports betting-related violations by staff members at NCAA schools have been resolved through the infractions process in recent years, and the enforcement staff is working on issuing Notices of Allegations in several ongoing cases that involve allegations of betting on professional and college sports by student-athletes and/or athletics department staff members at a handful of NCAA schools.

The proposed rule change would not be retroactive. If it is adopted, it would apply only to sports betting activities that occur after the effective date of the proposal.

“The enforcement staff’s sports betting-related caseload has significantly increased in recent years, and our staff — including our new sports betting integrity unit — has been effective in detecting and pursuing violations,” said Jon Duncan, NCAA vice president of enforcement.

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The Association prioritizes competition integrity, which is vital to college sports. The NCAA uses a layered strategy to respond responsibly to the rise in sports betting across the United States by monitoring over 22,000 contests per year, advocating for limits on  prop bets that pose heightened risks, reducing the potential for student-athlete abuse by aggrieved bettors, and creating greater transparency to assist with the timely investigation and resolution of integrity-related issues.

This layered approach includes the most recent agreement extension with Genius Sports to establish unprecedented betting restrictions on high-risk proposition bets. Sportsbooks licensing NCAA championship data must cooperate fully with NCAA investigations, including providing access to account data, financial history and geolocation records. This will allow the NCAA to work with the sportsbooks to gather detailed account information when harassers are identified to prevent repeat offenders from continuing to place bets across platforms, increasing safeguards to protect student-athlete mental health and well-being.

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Latest News

Optimove and EveryMatrix Launch Real-Time Integration to Power Smarter Marketing for iGaming Operators

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Optimove, the leader in Positionless Marketing, has announced a new integration with iGaming technology provider EveryMatrix.

EveryMatrix delivers modular and turnkey iGaming software, solutions, content and services across casino, sports betting, payments, and affiliate management to global tier-1 operators as well as newer brands. The integration enables shared operators to activate real-time marketing campaigns based on player behavior.

The collaboration introduces a custom integration allowing joint clients to stream real-time event data from EveryMatrix directly into Optimove. As part of Optimove’s platform, the integration empowers any marketer to launch personalized campaigns in real time, without dependency on technical teams. The result is faster execution, increased engagement, and higher player lifetime value.

“We are confident that with EveryMatrix’s powerful platform solutions, combined with our real-time capabilities, operators can realize a new level of speed and precision in marketing. This reflects the power of Positionless Marketing in action,” said Motti Colman, VP Revenue, Gaming at Optimove. “We’re giving operators the tools to act instantly on player behavior without waiting on analysts, engineers, or manual processes. It’s all about speed, personalization, and removing the bottlenecks that hold marketing teams back,” he concluded.

With the integration now live, operators can leverage Optimove’s real-time capabilities to trigger automated campaigns based on deposits, withdrawals, game behavior, and more. This helps deliver contextually relevant experiences at the exact moment players are most likely to engage.

Immediate marketing benefits iGaming operators can realize include:

  • Welcome offers following a first deposit
  • Instant reactivation messages after session abandonment
  • Real-time loyalty rewards based on gameplay milestones

“This integration adds tremendous value for our operator partners,” said Kevin Furlong, Group CPO, EveryMatrix. “Combining our robust gaming infrastructure with Optimove’s Positionless Marketing platform with its real-time marketing engine allows our clients to deliver deeply personalized player experiences, when they matter most.” 

The launch of real-time with EveryMatrix reflects the growing demand for agility and responsiveness in iGaming marketing. It also underscores the strength of the Optimove-EveryMatrix partnership and their shared commitment to helping operators deliver smarter, more dynamic campaigns.

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