{"id":28280,"date":"2019-08-16T20:39:31","date_gmt":"2019-08-16T20:39:31","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=28280"},"modified":"2019-08-19T08:42:52","modified_gmt":"2019-08-19T08:42:52","slug":"sugarhouse-out-to-an-early-lead-in-online-casino-revenue-race","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/sugarhouse-out-to-an-early-lead-in-online-casino-revenue-race\/","title":{"rendered":"SugarHouse Out To An Early Lead In Online Casino Revenue Race"},"content":{"rendered":"

The Pennsylvania online casino industry, still in its infancy, just started operations in July. The baby steps from the new industry resulted in $812,306 in revenue<\/strong> for the trio of operational online casinos. <\/span>More than $49.2 million<\/strong> was wagered on interactive slots and table games across the sites, according to the Pennsylvania Gaming Control Board<\/strong> (PGCB).<\/span><\/p>\n

The total gross revenue in July for all online slots at the three PA casinos was $517,712<\/strong>. Table games brought in $294,594<\/strong>.<\/span><\/p>\n

This transpired over just two weeks of operation, as the first sites did not go live until July 15<\/strong>. August will produce the first full month of revenue numbers.<\/p>\n

By comparison, in the more mature New Jersey market<\/strong>, online casinos earned $39.3 million in July, a new all-time record for their market.<\/p>\n

Online casino games did not begin to launch in PA until July 15, meaning the numbers should keep growing.<\/span><\/p>\n

Online casino revenue numbers for July 2019<\/span><\/h2>\n

Here is a look at how each site performed during the first couple of weeks of operation:<\/p>\n\n\n\n\n\n\n\n\n
Casino<\/th>\nTotal revenue<\/th>\nSlots revenue<\/th>\nTable games revenue<\/th>\n<\/tr>\n<\/thead>\n
SugarHouse<\/td>\n$422,796<\/td>\n$261,869<\/td>\n$160,927<\/td>\n<\/tr>\n
Parx<\/td>\n$260,214<\/td>\n$139,903<\/td>\n$120,221<\/td>\n<\/tr>\n
Hollywood<\/td>\n$129,386<\/td>\n$115,940<\/td>\n$13,446<\/td>\n<\/tr>\n
Total<\/b><\/td>\n$812,306<\/b><\/td>\n$517,712<\/b><\/td>\n$294,594<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

SugarHouse out front with Parx in the middle<\/span><\/h2>\n

SugarHouse Casino got off to an early lead in the revenue department, with $422,796<\/strong> in revenue across its slots and table games offerings. That number represents a 52% market share. The fact that PlaySugarHouse PA Casino<\/strong> was accessible to iPhone users on browser thanks to GeoGuard is likely what gave them the upper hand. The other two sites were only available on desktop and Android.<\/span><\/p>\n

Even without Apple, Parx<\/strong> produced $260,124<\/strong> in overall gross revenue. It was a relatively even split between slots and table games, at $139,903 and $120,221 respectively.<\/p>\n

Parx had <\/span>$19.2 million<\/strong> in bets on online table games. Currently, Parx is the only<\/strong> online casino with a blackjack offering, which likely explains why table games revenue was so high.<\/span><\/p>\n

<\/div>\n

Hollywood Casino brings up the rear<\/span><\/h2>\n

Hollywood Casino<\/strong> brought in the smallest haul of the three, with $129,386<\/strong> in revenue, all but $13,446<\/strong> of which came from slots. Even though it has the largest slot library in the state, only a handful of titles were on the site\u2019s new iPhone app. Nonetheless, Hollywood struggled to keep up with the competition in its first two weeks of operation.<\/p>\n

State tax haul totals $367K<\/span><\/h2>\n

Don\u2019t forget that another big winner when it comes to online casinos is the Commonwealth<\/strong>. With its hefty 54% tax rate<\/strong> on slots and 16%<\/strong> on table games, the state\u2019s take from July was not insubstantial. Slot-revenue tax for the month totaled $279,565<\/strong>, while table games produced $47,135<\/strong> in taxes. That adds up to a total of $326,700<\/strong> in Pennsylvania\u2019s pocket.<\/p>\n

The post SugarHouse Out To An Early Lead In Online Casino Revenue Race appeared first on Play Pennsylvania.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pennsylvania online casino industry, still in its infancy, just started operations in July. 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