Pennsylvania casino revenues top record $423M in July

Pennsylvania casinos generated more than $423.6 million in July, the highest monthly revenue total to date, according to state regulators.

That was nearly $35 million more revenue than what was reported in June, which totaled $388.8 million. It also is significantly higher than revenues reported in July 2020, which reached $283 million as covid-19 restrictions related to capacity and occupancy limits remained in place and Rivers Casino locations in Pittsburgh and Philadelphia closed for part of the month.

Of the state’s 15 licensed casinos, Parx Casino in Bucks County saw the highest revenue total in July, bringing in about $64 million.

Locally, Rivers Casino Pittsburgh saw revenues total $34.1 million, data show. Of that, slot machines brought in $25.3 million, with $7.6 million generated from table games and $1.2 million from retail and online sports wagering. The facility also saw $17.9 million wagered through sports betting last month.

At The Meadows Racetrack and Casino in Washington, revenues totaled $20.6 million in July. The facility brought in $14.5 million from slot machines, $3.2 million from table games and $2.9 million from retail and online sports wagering. In all, the Meadows saw $67.2 million in sports bets placed in July, data show.

Lady Luck Casino Nemacolin in Fayette County generated $2.49 million, $2.2 million of which came from slot machines and almost $226,000 from table games.

Live! Casino Pittsburgh, which opened in Hempfield’s Westmoreland Mall in November, saw revenues of $9.8 million last month. Of that, $8.4 million came from slot machines, $1.35 million from table games and $95,700 from retail sports wagering. In all, the facility saw $1 million wagered through sports bets, according to the gaming control board.

In casinos across the state, retail slot machine revenues totaled $222.8 million, and retail table games generated $86.9 million. In addition, $63.2 million was generated from online slot machines, $22.8 million came from online table games and $2.59 million from online poker.

Across the state last month, video gaming terminals generated $3.75 million, and fantasy contests brought in $1.57 million, data show.

Retail and online sports wagering generated $19.85 million last month, which was up significantly from July 2020, when revenues reached $8.1 million.

However, the state’s sports betting volume dropped last month to the lowest level since July 2020, according to Play Pennsylvania, an independent website covering legal and regulated gambling in the state. In all, $304.4 million was wagered through sports betting last month, data show. In June, $420 million was wagered.

“Even with the NBA finals and the Olympics to help boost the schedule this year, bettors in Pennsylvania and beyond just don’t engage sportsbooks as much during July. … That said, sportsbooks cannot wait for football season to ramp up,” said Dustin Gouker, lead analyst for the network.

This is not the first time sports betting numbers have dropped in July, which was the lowest volume month across the nation in 2018 and 2019, according to Play Pennsylvania.

“Seasonal dips this time of year are nothing to be concerned about,” said Valerie Cross, analyst for the Pennsylvania website.