{"id":248,"date":"2024-06-25T20:50:37","date_gmt":"2024-06-25T17:50:37","guid":{"rendered":"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/"},"modified":"2024-06-25T20:50:37","modified_gmt":"2024-06-25T17:50:37","slug":"pennsylvanias-online-gambling-market-sets-a-new-high","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/","title":{"rendered":"Pennsylvania&#8217;s online gambling market sets a new high"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ue4JyfieTsg\"\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 peak in monthly earnings during the third month of the year.<\/p>\n<p>Pennsylvania&#8217;s gaming income reached an unprecedented high in March, hitting $554.6 million (\u00a3444.7 million\/\u20ac519.3 million), fueled by record-breaking performance from the online gambling sector.<\/p>\n<p>Pennsylvania established a new high for monthly earnings in March.<br \/>\nIncome was up 7.6% from $515.3 million in March 2023, exceeding February&#8217;s $449.1 million by 11.1% and also surpassing the previous 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, up 1.1%. This was despite the number of slots decreasing from 25,643 to 24,886.<\/p>\n<p>However, income from traditional table games declined 0.8% to $85.2 million in the month.<\/p>\n<p>Pennsylvania&#8217;s online gambling market sets a new high<br \/>\nExamining the online market, total online gambling income reached $191.1 million, up 29.0% to set a new monthly record.<\/p>\n<p>Online slot machine revenue increased 29.3% to $135.5 million, while internet table game revenue also rose 31.2% to $53.1 million. In contrast, online poker revenue fell 14.4% to $2.5 million in March.<\/p>\n<p>The Pennsylvania state-owned Hollywood Casino at Penn National Race Course continues to lead the field, generating $72.3 million in online gambling income. Valley Forge Casino Resort was again second, reporting $50.8 million in revenue, followed by Rivers Casino Philadelphia with $32.8 million.<\/p>\n<p>The sports betting market continues to decline   <\/p>\n<p>The flourishing gaming sector in Pennsylvania is a promising indicator, however, the sports wagering market has not kept pace.<\/p>\n<p>Although total income in March reached $45.6 million, representing a 10.0% decrease from the corresponding period last year, player expenditures rose 10.7% to $723.5 million. Online wagering revenue amounted to $42.3 million, while retail betting revenue reached $3.2 million.<\/p>\n<p>Valley Forge Casino Resort, in collaboration with FanDuel, continues to dominate the Pennsylvania market, generating revenue of $24.4 million in March, with players placing bets totaling $333.2 million.<\/p>\n<p>Hollywood Meadows Casino, in partnership with DraftKings, secured second place with revenue of $10.7 million, with total wagers reaching $209.2 million. Hollywood Morgantown Casino, in collaboration with BetMGM, claimed third place with revenue of $1.8 million, with total wagers reaching $51.9 million.<\/p>\n<p>Regarding revenue from other gaming activities in Pennsylvania, video lottery terminal revenue experienced a slight decline of 0.5% to $3.7 million. Fantasy sports revenue witnessed a more significant decrease of 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 peak in monthly earnings during the third month of the year. Pennsylvania&#8217;s gaming income reached an unprecedented high in March, hitting $554.6 million (\u00a3444.7 million\/\u20ac519.3 million), fueled by record-breaking performance from the online gambling sector. Pennsylvania established a new high for monthly earnings in March. Income was up 7.6% [&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 Gaming Hits Record High in March<\/title>\n<meta name=\"description\" content=\"Online gambling drives 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:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/\" 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&#039;s online gambling market sets a new high\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Online gambling drives Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Win Big at Our Licensed Online Casino | Latest Games &amp; News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T17:50:37+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:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/\",\"url\":\"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/\",\"name\":\"Pennsylvania Gaming Hits Record High in March\",\"isPartOf\":{\"@id\":\"https:\/\/lionslotsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-25T17:50:37+00:00\",\"dateModified\":\"2024-06-25T17:50:37+00:00\",\"author\":{\"@id\":\"https:\/\/lionslotsnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Online gambling drives Pennsylvania\",\"breadcrumb\":{\"@id\":\"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lionslotsnodepositbonus.icu\/2024\/06\/25\/pennsylvanias-online-gambling-market-sets-a-new-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/lionslotsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pennsylvania&#8217;s online gambling market sets a new high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lionslotsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/lionslotsnodepositbonus.icu\/\",\"name\":\"Win Big at Our Licensed Online Casino | Latest Games &amp; News\",\"description\":\"Stay informed with our regularly updated casino news, detailed game reviews, and expert articles. 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