Reaching $233.1 Million in March, PA Breaks Yet Another Record for US Online Casino Revenue
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In March, online casino operators in Pennsylvania smashed a record for revenue for the second consecutive month. According to the Pennsylvania Gaming Control Board (PGCB), operators generated gross online casino profits last month of $233.1 million, which was a record for the US.
For the third time in the previous four months, operators have made over $200 million. Revenue from PA online casino establishments increased by 8.3% month over month and by 28.4% year over year.
A Brief Analysis of the March PA Online Casino Data
Pennsylvania announced its online gambling earnings one day after Michigan did. The Great Lakes State recorded $215.2 million, just shy of Pennsylvania’s record for February and setting a state record. Nonetheless, it was anticipated that the state would easily beat Michigan’s March total given that the Keystone State leads the iGaming sector. In the US, Pennsylvania still sets the bar for online casino revenues. It would be shocking if Pennsylvania didn’t at some time this year surpass the $250 million revenue mark at this pace.
For the first time ever, the license holder of Rivers Casino Philadelphia in collaboration with BetRivers, Borgata, and PlaySugarHouse exceeded $40 million in monthly earnings. For the previous several months, the licensee has been close to the $35 million figure. The three businesses saw the advantages of boosting their earnings in the Keystone State. Regretfully, early this month, the PGCB stated that it would not be disclosing revenue by the licensee but rather by the operator.
