Pennsylvania’s online casino industry continued its impressive run in April, although it didn’t quite match the record-breaking revenue seen in March. According to the Pennsylvania Gaming Control Board, online casino operators brought in $212.2 million in gross earnings last month.
While this is a 9% drop from the record $233 million in March, it still marks the third consecutive month of surpassing the $200 million mark and the fourth time in five months. Additionally, April 2024 revenue increased by 27% compared to the same period in 2023.
Dave Briggs, Managing Editor of PlayPennsylvania, weighed in on the numbers:
“April usually sees a dip in online casino revenue, so it’s not unexpected to see a decrease from March, especially after such a strong showing. However, the significant year-over-year increase is promising. Pennsylvania’s online casinos have already crossed $850 million in total revenue for the first four months of 2024, signaling continued robust growth in the sector.”
Here’s a breakdown of the online casino revenue in Pennsylvania for April 2024:
- Online slots revenue: $164,800,886
- Table games revenue: $45,006,006
- Online poker revenue: $2,405,721
Most of the top online casino operators in Pennsylvania experienced a slight decline in revenue in April. However, considering the industry’s recent stellar performance, surpassing $212.2 million in earnings for the month is still noteworthy.
As we head into late spring and summer, typically slower periods for the industry, it’ll be interesting to see if there are further declines in iGaming activity in the Keystone State. Nonetheless, there’s optimism for a rebound in the fall and winter months.
One notable exception to the April revenue decline is Bally Casino PA, which saw an increase compared to the previous month. Bally’s revenue has been steadily climbing for six straight months, nearly doubling its output since October 2023.
With just $150 million needed to cross the $1 billion threshold in iGaming revenue, Pennsylvania is expected to achieve this milestone in May. Operators are on track to surpass last year’s record of $2.1 billion in revenue, with online casinos projected to hit $2.55 billion in 2024.