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PGCB Reports Record Revenue in March 2024
![PGCB Reports Record Revenue in March 2024](https://gamingamericas.com/wp-content/uploads/2024/03/pgcb.jpg)
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:
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
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 |
1 Operated by Parx Casino
2 Operated by Mohegan Pennsylvania
3 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:
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
2 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*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
Latest News
QTech Games recruits David Camacho to take the lead for LatAm markets
![QTech Games recruits David Camacho to take the lead for LatAm markets](https://gamingamericas.com/wp-content/uploads/2024/07/camacho-e1721990847192.jpg)
QTech Games, the leading games distributor for all emerging markets, has appointed David Camacho to the new role of Account Manager for LatAm Markets.
Camacho arrives at QTech Games after a successful and long-serving spell at Tabella, a global powerhouse across varied igaming verticals, where he proved himself across a range of senior roles focusing on the LatAm markets. At QTech Games, David will drive sales and its existing presence across Central and South America, growing its global footprint in more Spanish and Portuguese-speaking territories.
QTech Games commented: “We’re delighted that David is now part of the QTech team. His extensive experience and network in the industry are second to none, after over two decades in the sector. So, he will prove a true asset to both QTech Games and all our clients, as we will deepen our existing influence across Hispanic markets in Central and South America.
“Recruiting the best localised talent and expertise has always been a central pillar of our strategy. Therefore, we’re naturally thrilled to have David on board.
David Camacho added: “I’m excited to be joining QTech Games, a company with the most remarkable content suite across varied igaming verticals, all delivered via a stellar platform built on bleeding-edge technology. I can’t wait to get started by deploying my business connections and contacts across a region I know so well at such a crucial point in its maturation.
“Of course, when it comes to LatAm, everyone’s talking about the unfolding scene in Brazil, but I’ll also be concentrating our efforts in more mature countries such as Colombia and Mexico, alongside some other opportunities in Peru, another promising territory with one of the most operator-friendly regulations in recent times. Argentina and Chile will also be interesting in due course. Apart from the strong growth in this region, I believe we will be able to fuel it further with our new QTech Hybrid product that fits perfectly in all these markets!”
QTech Hybrid – get in touch to find out more!
QTech Hybrid will next be showcased at the upcoming SBWA+ show in Ghana in August, where QTech Games delegates will be on site to unpack its breakout technology and salient applications for joining up the retail and digital-mobile experience. QTech Hybrid offers a retail solution that can be transferred seamlessly to mobile in any emerging market, enabling the customer to continue playing after leaving the retail environment. QTech Hybrid allows players to access the full game library of QTech Games, while the retail solution also contains a state-of-the-art Agent Management System. It’s also an instant win for efficient payments.
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BETBY AND PIXBET ENTER LONG-TERM BRAZILIAN SPORTS BETTING PARTNERSHIP
![BETBY AND PIXBET ENTER LONG-TERM BRAZILIAN SPORTS BETTING PARTNERSHIP](https://gamingamericas.com/wp-content/uploads/2024/07/PIXBET@publisher.jpg)
BETBY strengthens its Latin American position with agreement to power leading Brazilian brand Pixbet
BETBY, the premium sports betting supplier, has signed a long-term sports betting agreement with Pixbet. The partnership will see Pixbet leverage Betby’s award-winning sports betting solution and services to upgrade its current sportsbook, offering Brazilians a best-in-class online betting experience.
Pixbet a leading Brazilian bookmaker present throughout the national territory, is well known for its bold marketing strategy, having earlier this year been announced as the new shirt sponsor for Brazilian soccer club Flamengo under a lucrative two-year deal.
Chris Nikolopoulos, Chief Commercial Officer at Betby, said: “It is a pleasure to have put pen to paper on this agreement with Pixbet, an operator whose management team boasts clear expertise and a passion for sports betting that mirrors our own.
“This agreement further bolsters Betby’s impressive range of partners throughout Brazil and Latin America, and we are excited to capitalise on the rich promise this partnership holds.”
Ernildo Junior, owner of Pixbet, said: “We are very pleased to have signed with Betby as we look to further deliver on our sports betting ambitions to become the leading betting brand in Brazil.
“Betby has a proven track record in Latin America and its suite of high-performance sportsbook technology will provide our players with a superior sports betting experience whilst providing us with cutting-edge risk management tools.”
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