Pennsylvania online casinos gain as land-based options crater

Pennsylvania’s gambling market took it on the chin in March following the closures of the state’s casinos due to the COVID-19 pandemic.

Figures released Thursday by the Pennsylvania Gaming Control Board (PGCB) show overall gaming revenue of $153.5m in March, down 51% from the same month last year and 49.5% below February 2020’s total.

Some Pennsylvania’s casinos began to voluntarily shut their doors in early March to minimize further spread of the coronavirus and all 12 casinos were closed by mid-month on the PGCB’s order. As a result, all 12 casinos reported double-digit revenue declines last month, although some fared significantly better than others.

Parx Casino led all comers as usual with overall revenue of $26.2m, a year-on-year decline of 54.7%. Rivers Casino Philadelphia ranked second with $21.1m, falling a comparatively modest 26.6%. The smallest decline was experienced by Valley Forge Casino Resort, which dipped only 10.7% to $12.1m.