{"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<\/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<\/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<\/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<\/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. The baby steps from the new… Continue reading SugarHouse Out To An Early Lead In Online Casino Revenue Race<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[374,6],"tags":[],"class_list":{"0":"post-28280","1":"post","2":"type-post","3":"status-publish","4":"format-link","6":"category-industry","7":"category-news-category","8":"post_format-post-format-link","9":"entry"},"acf":[],"yoast_head":"\nSugarHouse Out To An Early Lead In Online Casino Revenue Race -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pokerscout.com\/sugarhouse-out-to-an-early-lead-in-online-casino-revenue-race\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SugarHouse Out To An Early Lead In Online Casino Revenue Race -\" \/>\n<meta property=\"og:description\" content=\"The Pennsylvania online casino industry, still in its infancy, just started operations in July. 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