Pennsylvania Online Casino Market Worth $33.5 Million In 2019 Since Mid-Year Launch

Five online casino operators in Pennsylvania reported $33.5 mm in online casino revenue in 2019, per the Pennsylvania Gaming Control Board.

The Pennsylvania Gaming Control Board reported Thursday that the state’s licensed online casinos reported $33.5 mm in revenue in 2019.

Roughly $20.9 mm came from slots, $8.2 mm from table games, and $4.4 mm from poker.

Internet casino gaming began in July, with the launch of online poker from PokerStars in the fall.

According to state regulators, Pennsylvania online casinos won $43 mm via online/mobile sports betting last year, with that form of wagering kicking off in May.

Online casino revenue by operator

Rivers Casino Philadelphia, formerly the SugarHouse Casino, led the way with $11.8 mm.

The casino was followed by:

  • Hollywood Casino: $7.9 mm
  • Mount Airy Casino Resort: $7 mm
  • Parx Casino: $6.2 mm
  • Mohegan Sun: $537k

Mount Airy is the brick-and-mortar partner of PokerStars.

Amount wagered, taxes

The PGCB reported that $612.9 mm was bet via the online slots, and $591.1 mm was bet at the virtual tables. There is no amount-wagered statistic for online poker.

The casinos paid $13.3 mm in taxes off the $33.5 mm in revenue, the state said. There’s an effective rate of 54% for online slots, but 16% for tables and poker.

New Jersey comparison

The Garden State is still miles ahead of Pennsylvania, and it figures to be for a while thanks to its lower tax rates and higher quantity of online casino sites.

Online casinos in New Jersey won $482.6 mm from players in 2019, a whopping 61.6% increase compared to 2018. New Jersey launched online casino-style gambling in 2013.

Just six states have legalized some form of online casino (slots, table games, or poker). The others are Delaware, Nevada (poker only), West Virginia, and Michigan, the latter two of which have not yet launched games.

Photo credit: Shutterstock


Related Posts