Pennsylvania’s gambling operators set new monthly records for online casino revenue and sports betting handle in December 2020, although it wasn’t enough to rescue the market from posting its first full-year revenue decline since 2014.
Figures released Tuesday by the Pennsylvania Gaming Control Board (PGCB) show statewide gaming revenue of just $168.7m in the month of December, a 42.2% decline from the same month last year and the third straight month of sequential declines.
Pennsylvania Gov. Tom Wolf ordered the state’s casinos to close in mid-December in a bid to halt the further spread of COVID-19. As a result, December’s land-based slots revenue was down 77.5% year-on-year to $42.2m, while land-based table games fell 78.2% to just over $17m.
Retail’s loss was online’s gain, as online casino and poker brought in $71.6m in December, handily beating the state’s previous high-water mark of $59.8m set in October 2020. Online slot revenue soared 730% year-on-year to $46.25m, tables gained a lucky 777% to $22.6m and the state’s lone online poker site nudged up a comparatively modest 10.4% to $2.73m.