- On Thursday, Pennsylvania released its casino revenue data for May.
- Last month, online casinos in Pennsylvania recorded a revenue of $55,838,789.
- Revenue from PA online slots accounts for about 70% of this state’s total internet gaming revenue.
Yesterday, the Pennsylvania Gaming Control Board released the official revenue figures for May. As expected, online casinos made more money than their land-based counterparts, which has been the case since the beginning of the COVID-19 crisis. What’s interesting is that PA online slots were responsible for more than two-thirds of the total internet casino revenue in Pennsylvania in May.
The total internet gaming revenue in May was $55,838,789, which is an increase of about 30% compared to April. A big percentage of that money came through video slot games. PA online slots made a revenue of $38,822,857 for casinos, which is nearly 70% of the overall revenue.
Pennsylvania Casinos Report a Total Revenue of Over $55m
Pennsylvania is one of only three states in the US where online casino gambling is legal and regulated. The other two gaming-friendly states are New Jersey and Delaware. West Virginia has also approved online gambling, but internet casinos are yet to launch in this state.
Interestingly enough, Nevada, which is thought to be a gambling paradise, has not made online casinos legal. The reason for this is that legalizing online gambling could have a negative effect on the business of land-based casinos in Las Vegas.
Judging by the experiences from Pennsylvania, the legalization of online casino gambling is guaranteed to bring profits. In times when it’s impossible to go to a real casino, such as a global pandemic like the one we experienced this year, players have no other option but to turn to internet gaming platforms.
As a result, Pennsylvania’s online casinos have recorded a significant revenue increase over the course of the last few months. Each of its nine licensed online casinos has made big profits in May, the leader being Rivers Casino Philadelphia, which recorded a revenue of $17,584,381. What’s interesting is that this casino’s online slots revenue was $15,096,662.
PA Online Slots Brought in Almost $39m
Each of PA online casinos has online slots in the game library. The reason is that slots are the most popular type of casino game. This is why it’s not surprising that PA online slots have made a total revenue of nearly $39m in May.
All the other games combined made about $17m. Those include everything from table games like roulette, craps, and blackjack to lottery-like games like keno.
The popularity of online slots is not unique only to Pennsylvania. Players from all over the United States seem to love these sorts of games. The evidence for this is that most of the internet gaming revenue in Delaware and New Jersey is also created by slots.