{"id":252,"date":"2024-06-29T01:25:04","date_gmt":"2024-06-28T22:25:04","guid":{"rendered":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/"},"modified":"2024-06-29T01:25:04","modified_gmt":"2024-06-28T22:25:04","slug":"pennsylvania-gaming-revenue-soars-in-may","status":"publish","type":"post","link":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/","title":{"rendered":"Pennsylvania Gaming Revenue Soars in May"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/V9X7SGQyvYQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Keystone State&#8217;s gaming earnings hit a hefty $447.8 million in the fifth month of the year. This represents a solid 8.4% jump from the same period last year.<\/p>\n<p>The overall market earnings saw a climb from $413.2 million in May of the previous year. However, this figure dipped by 3.2% compared to the record-breaking $462.7 million achieved in the preceding month.<\/p>\n<p>Traditional, physical gambling venues remain the top choice for players in the state. Revenue from land-based slot machines saw a 2.1% annual increase, reaching $205.7 million. Meanwhile, revenue from table games at these venues experienced a more substantial 14.7% rise, hitting $88.6 million.<\/p>\n<p>The realm of sports betting also saw growth, with revenue climbing by 26.2% to $35 million. However, only $2.8 million of this came from physical locations, with the remaining $32.3 million attributed to online wagering. The state&#8217;s total handle also experienced a 10.3% increase, reaching $493.4 million.<\/p>\n<p>Valley Forge, in partnership with FanDuel, maintained its dominant position in the sports betting market. They generated $19.8 million in revenue from a total of $193.4 million in wagers.<\/p>\n<p>Meadows&#8217; Hollywood Casino Barstool Sportsbook came in a close second, generating $7.1 million in revenue from $111.5 million in bets. Following them was Penn National&#8217;s Hollywood Casino and DraftKings, which brought in $1.9 million in revenue from $34.4 million in bets.<\/p>\n<p>Shifting focus to online casino activity, internet slot machine game revenue saw a robust 16.3% increase, reaching $78.2 million. Online table game revenue also experienced growth, rising by 2.8% to $32.3 million. Online poker revenue also saw a positive trend, growing by 8.0% to $2.8 million.<\/p>\n<p>Penn National&#8217;s Hollywood Casino holds the top spot in the iGaming sector, boasting revenue of $45. <\/p>\n<p>The Philadelphia Rivers Casino generated $26.9 million in income, followed by the Valley Forge Casino Resort at $21.2 million.  Another gambling establishment brought in $5 million.<\/p>\n<p>Earnings from video gaming terminals rose by 1.8% to $3.7 million, but fantasy sports revenue decreased by 20.7% to $1.6 million. This was the only sector in Pennsylvania that didn&#8217;t witness growth in May.<\/p>\n<p>Subscribe to the iGaming News Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Keystone State&#8217;s gaming earnings hit a hefty $447.8 million in the fifth month of the year. This represents a solid 8.4% jump from the same period last year. The overall market earnings saw a climb from $413.2 million in May of the previous year. However, this figure dipped by 3.2% compared to the record-breaking [&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 Soars: May Revenue Hits $447.8 Million<\/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:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/\" 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 Gaming Revenue Soars in May\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Trusted Source for Licensed Online Casino News &amp; Updates\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T22:25:04+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:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/\",\"url\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/\",\"name\":\"Pennsylvania Gaming Soars: May Revenue Hits $447.8 Million\",\"isPartOf\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#website\"},\"datePublished\":\"2024-06-28T22:25:04+00:00\",\"dateModified\":\"2024-06-28T22:25:04+00:00\",\"author\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Pennsylvania\",\"breadcrumb\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/29\/pennsylvania-gaming-revenue-soars-in-may\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/ukonlinecasinoslist.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pennsylvania Gaming Revenue Soars in May\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#website\",\"url\":\"https:\/\/ukonlinecasinoslist.icu\/\",\"name\":\"Your Trusted Source for Licensed Online Casino News &amp; Updates\",\"description\":\"Immerse yourself in the dynamic world of online gambling with the help of our fresh news, honest game reviews, and informative insights. 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