Pennsylvania Online Gaming Raised Over $ 100 Million In July
It may have taken a while to take off, but the Pennsylvania online gambling industry is finally starting to take off. In July 2021, Keystone State’s booming online casinos broke the $ 100 million mark in revenue. Online slots and table games led the way, with online poker once again bringing up the rear.
Penn National sets the tone for casinos, Mount Air for poker
For the month of July, Pennsylvania online casinos were able to raise exactly $ 104,539,316, much of which came from two transactions. Hollywood Penn National, which includes a conglomerate of DraftKings, BetMGM and Barstool Sports, led the way by raising $ 36.8 million. This gave them a good lead over their closest competitor, Rivers Philadelphia, who grabbed second place with their “win” of $ 30,919,663.
These two operations dominated the rest of the Pennsylvania market. Between Penn National and Rivers, more than $ 67.7 million in revenue has been collected. Valley Forge, which offers FanDuel as a sports betting operation, may have the third place, but it was far behind the first two operations with “only” $ 15.2 million in revenue (Operation Valley Forge does not offer no online poker either). In fourth place in Pennsylvania, using PokerStars software to earn $ 7.1 million in revenue across the board.
That’s about $ 90 million of the $ 104 million taken in July, meaning the six remaining Pennsylvania operations only generated about $ 14 million between them. Parx, Mohegan Sun Pocono, Harrah’s Philadelphia, Wind Creek, Presque Isle and Live Philadelphia were far behind the state’s top four, with Parx the only one to surpass the $ 5 million mark in revenue. Live Philadelphia has barely crossed the million dollar mark with its online slots and table game offerings.
Poker is not a driving force in the Pennsylvania market
As has been the case in all of the other states that have adopted online gaming and poker regulations, poker has pulled a tail on revenue from every transaction offering it. Of the $ 36 million that Penn National generated during the month of July, online poker revenue was only $ 290,583. The big winner in online poker in Pennsylvania appears to have been Mount Airy, who has operated the PokerStars software under the PokerStars PA banner since its inception. This early start allowed Mount Airy to be the online poker spot with $ 1.9 million in revenue. Overall, however, online poker in the state of Pennsylvania only grossed $ 2.6 million.
Here is the breakdown of online game numbers in the state of Pennsylvania for the month of July:
1. Hollywood Penn National, $ 36,873,397 in total revenue
2. Rivers Philadelphia, $ 30,919,663
3. Valley Forge, $ 15,284,242
4. Mont Airy, $ 7,178,627
5. Parx, $ 5,004,888
6. Mohegan Sun Pocono, $ 2,885,655
7. Harrah’s Philadelphia, $ 2,091,427
8. Wind Creek, $ 1,991,196
9. Presque Isle, $ 1,244,782
10. Philadelphia Live, $ 1,065,465
Among online poker operations, Mount Airy dominates the field:
1. Mount Airy, $ 1,979,533 in online poker income
2. Hollywood Penn National, $ 290,583
3. Harrah’s Philadelphia, $ 241,691
4. Philadelphia Rivers, $ 84,611
No other licensee in the Pennsylvania market has entered the online poker battles.