{"id":441,"date":"2024-06-26T01:01:53","date_gmt":"2024-06-25T22:01:53","guid":{"rendered":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/"},"modified":"2024-06-26T01:01:53","modified_gmt":"2024-06-25T22:01:53","slug":"pennsylvania-gambling-revenue-hits-record-high-in-march","status":"publish","type":"post","link":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/","title":{"rendered":"Pennsylvania Gambling Revenue Hits Record High in March"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/H3_ny7U2l5k\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Keystone State achieved a new high mark for monthly income in the third month of the year.<\/p>\n<p>Pennsylvania&#8217;s gambling income in March hit an all-time high of $554.6 million (\u00a3444.7 million\/\u20ac519.3 million), fueled by record-breaking performance in the digital gambling sector.<\/p>\n<p>Pennsylvania&#8217;s March income was up 7.6% from $515.3 million in March 2023, up 11.1% from $449.1 million in February, and also surpassed the prior monthly record of $534.2 million set in December.<\/p>\n<p>Traditional slot machines were once again the primary source of income, generating $227.9 million in March, an increase of 1.1%. This is despite the number of slot machines decreasing from 25,643 to 24,886.<\/p>\n<p>However, income from land-based table games dropped 0.8% to $85.2 million in the month.<\/p>\n<p>Pennsylvania&#8217;s online gambling sets a new monthly record<\/p>\n<p>In the digital market, total online gambling income reached $191.1 million, up 29.0%, setting a new monthly record.<\/p>\n<p>Online slot machine income increased 29.3% to $135.5 million, while internet table game income also increased 31.2% to $53.1 million. In contrast, online poker income fell 14.4% to $2.5 million in March.<\/p>\n<p>Pennsylvania&#8217;s Hollywood Casino at Penn National Race Course remains the leader in the field, with online gambling income of $72.3 million. Valley Forge Casino Resort again came in second, reporting income of $50.8 million, followed by Rivers Casino Philadelphia with $32.8 million.<\/p>\n<p>The sports betting market continued to decline. <\/p>\n<p>The flourishing video game industry in Pennsylvania is a positive sign, however, the sports wagering market is experiencing a downturn.<\/p>\n<p>Online gaming earnings in Pennsylvania experienced a 10.0% decrease in March, reaching $45.6 million, marking the second consecutive month of decline. Online gaming earnings constituted 93% of total earnings in March, while physical gambling revenue amounted to $3.2 million.<\/p>\n<p>Despite this, Pennsylvania players still spent 10.7% more in March, reaching $723.5 million.<\/p>\n<p>Valley Forge Casino Resort and its partner FanDuel continue to dominate the Pennsylvania sports betting market, with earnings of $24.4 million in March, with players wagering $333.2 million.<\/p>\n<p>Hollywood Meadows Casino and DraftKings secured second place once again, with total bets of $209.2 million and earnings of $10.7 million. Hollywood Morgantown Casino, in collaboration with BetMGM, took third place with $51.9 million in bets and $1.8 million in earnings.<\/p>\n<p>Regarding earnings from other gambling activities in Pennsylvania, video lottery terminal revenue decreased by 0.5% to $3.7 million. Fantasy sports revenue declined by 21.1% to $1.1 million.<\/p>\n<p>Sign up for the iGaming Newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Keystone State achieved a new high mark for monthly income in the third month of the year. Pennsylvania&#8217;s gambling income in March hit an all-time high of $554.6 million (\u00a3444.7 million\/\u20ac519.3 million), fueled by record-breaking performance in the digital gambling sector. Pennsylvania&#8217;s March income was up 7.6% from $515.3 million in March 2023, up [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pennsylvania Gambling Hits Record High in March<\/title>\n<meta name=\"description\" content=\"Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Pennsylvania Gambling Revenue Hits Record High in March\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Go-To Licensed Online Casino for Exciting Games &amp; News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T22:01:53+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/\",\"url\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/\",\"name\":\"Pennsylvania Gambling Hits Record High in March\",\"isPartOf\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-25T22:01:53+00:00\",\"dateModified\":\"2024-06-25T22:01:53+00:00\",\"author\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Pennsylvania\",\"breadcrumb\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/pennsylvania-gambling-revenue-hits-record-high-in-march\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/vegas2webnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pennsylvania Gambling Revenue Hits Record High in March\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#website\",\"url\":\"https:\/\/vegas2webnodepositbonus.icu\/\",\"name\":\"Your Go-To Licensed Online Casino for Exciting Games &amp; News\",\"description\":\"Our licensed online casino is your go-to source for the latest industry news, game reviews, and expert insights. 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