PA’s Online Poker Rooms & Sportsbooks Bounce Back in July

But for Pennsylvania’s online casinos, July was their worst month so far for revenue in 2022.
PA's Online Poker Rooms & Sportsbooks Bounce Back in July
By
August 24, 2022

Pennsylvania online poker apps saw a modest month-over-month bump in revenue in July, while revenue from the state’s online sportsbooks rebounded from the second-worst month of the year, data from the Pennsylvania Gaming Control Board (PGCB) show.

But revenue from online casino gaming — excluding the market’s smaller operators — fell to its lowest point in 2022. The vertical was also only up 11.3% month-to-month in July, a record low.

Borgata Poker PA Hits Record $108k in July

Online poker climbed to $2.8 million in July, up 6.3% month-over-month ($2.6 million) and up 6.5% year-over-year (also $2.6 million).

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PokerStars PA — on the Mount Airy Casino license — continued its vertical domination with $1.6 million in revenue in July, up 1.1% from June but down 17.3% from the year-ago month ($2 million). The latter is likely due to the introduction of BetMGM Poker PA and Borgata Poker PA in April 2021, coupled with the launch of WSOP PA in July 2021.

WSOP PA, on the Harrah’s Philadelphia Casino license, grossed $744k in July. While that was up 7.5% from June ($692k), it was more than triple the $242k the operator brought in one year ago — although the operator only launched mid-month.

BetMGM Poker PA had $275k of revenue in July, its best performance since March ($285k) and up 21.5% month-over-month ($227k). But the operator — on the Hollywood Casino at Penn National Race Course license — saw revenue fall 5.2% year-over-year ($291k).

Meanwhile, Borgata Poker PA — on the Rivers Casino Philadelphia license — saw a record $108k of revenue in July, up 73.1% from June ($63k) and up 27.9% from the same month a year ago ($85k). Borgata’s share of the poker vertical hit a record 3.9% in July 2022.

PokerStars PA had its smallest market share in July (59.2%) since February (56.9%), while BetMGM Poker PA saw its highest market share (10%) since October 2021 (10.6%).

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Online Sportsbooks Fared Better in July

Online sports betting in Pennsylvania grossed $30.4 million in July, a 41% increase from June ($21.6 million), which so far has been the second-lowest month for revenue in 2022. Revenue was up 21.9% year-to-year ($24.9 million).

Valley Forge Casino and its sports betting partner, FanDuel Sports PA, continued to lead the vertical with $14.9 million in revenue in July, up 49.8% from June ($10 million) and up 21.1% from the same month a year ago ($12.3 million).

Barstool Sportsbook and DraftKings Sports PA — both partners on the Hollywood Casino at the Meadows license — were in second place with $5.3 million in revenue, up 73.3% from the month prior ($3 million) and up 30.6% from July 2021 ($4 million).

Hollywood Casino Morgantown grossed $3.8 million from sports betting in July with its partner, BetMGM Sportsbook PA. That marked a 47.3% increase month-over-month ($2.6 million) and a 66.3% increase year-over-year ($2.3 million).

The state’s 10 smaller online sportsbooks combined $6.4 million in revenue in July, up 7.2% from June ($6 million). The group was up slightly year-over-year — just 2.1%, from $6.3 million.

Online Casino Revenue Down 4.5% Month-Over-Month

July wasn’t particularly good for real money online casinos in Pennsylvania.

The vertical was down 4.5% month-over-month, reaching $95.8 million one month after hitting $100.3 million. July was the lowest month for revenue since November 2021 ($91.1 million) and the lowest in 2022.

A quartet of operators on the Hollywood Casino at Penn National Race Course license — Barstool Casino PA, BetMGM Casino PA, DraftKings Casino PA, and PointsBet Casino PA — combined to gross $38.3 million in July, but that was 8.4% lower than revenue from June ($41.8 million). It was also the lowest mark since November 2021 ($37.1 million). Revenue was up 20.4% year-over-year ($31.8 million).

Three online casino partners on Rivers’ casino license — BetRivers Casino PA, Borgata Casino PA, and SugarHouse Casino PA — grossed $24.6 million in July, down 3.2% from June ($25.4 million) and down 4.3% from a year ago ($25.7 million). The trio posted the lowest monthly revenue since February ($99.5 million).

FanDuel Casino PA and Stardust Casino generated $17.5 million for Valley Forge in July, 5.1% less than what they made in June ($18.4 million) but a 22.9% improvement from July 2021 ($14.2 million). But July was also their lowest month for revenue since November 2021 ($16.5 million).

The remaining online casino operators made $15.4 million in July, up 5% from June ($14.7 million) but down 7.6% from a year ago ($14.3 million).

Want to learn more? Check out our PA Online Poker Reviews.

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