Pennsylvania online gambling does heavy lifting for shuttered casinos

Pennsylvania’s online gambling revenue continues to take some of the sting out of the state’s shuttered land-based casino market.

Figures released Tuesday by the Pennsylvania Gaming Control Board show the state’s online gambling licensees generated revenue of just over $55.8m in the month of May, up 30% from $43m in April, which was the first full month of pandemic-related casino closures.

May’s revenue total was more than twice the $24.3m the state’s online casino/poker licensees generated in March of this year (and the state’s cut of May’s revenue was just under $24m thanks to its absurdly high slots tax rates). However, few will be able to overlook the fact that May’s overall revenue figure was 79% below May 2019’s total, back in those halcyon pre-cootie days.

May’s online slots revenue totaled $38.8m, up from $27.3m in April, while table games improved by $1.9m to $12.4m. The state’s lone online poker operator (PokerStars/Mount Airy Casino) reported revenue of $4.6m, down from a record $5.25m in April. Interestingly, New Jersey’s online gambling market also posted an online poker record in April and a slight decline in May. (Like Homer Simpson, it appears poker players have only just remembered how boring this game is.)