Pennsylvania Casinos Set Record With March RevenueThe State's 12 Casinos Won $309.1 Million From Gamblers In March |
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March was the best month in the history of Pennsylvania gambling. The state’s casinos generated a record $309.1 million, according to numbers released earlier this week from the Pennsylvania Gaming Control Board.
The mark represented a 2.86 percent increase from March 2018, which held the previous monthly record with $300.5 million.
The state’s 12 casinos combined to have the most table games revenue in history with $82.5 million and third-best revenue from slot machines with $226.6 million.
With the NCAA men’s basketball tournament underway in March, sports betting numbers generally see an uptick. The total handle saw an increase from $31.5 million in February to $44.5 million in March. The casinos profited $5.5 million on those bets.
Two new sportsbooks opened in March, bringing the total number of sportsbooks in the state to eight. Valley Forge Casino Resort opened it’s sportsbook on March 13 and Valley Forge Race and Sportsbook opened on March 14. Despite similar names, the two new books are not affiliated with one another.
Of the record-breaking revenue, the state collected $133.7 million in taxes.
Once again, Parx Casino was the states top earning casino with $56.8 million in revenue, just edging out Sand Casino Resort, who finished the month with a profit of $50.9 million. Rivers Casino in Pittsburgh was a distant third with $35.7 million.
Pennsylvania released their record-setting revenue numbers shortly after it was reported that New Jersey casinos set a record for online casino revenue in March. Pennsylvania online gambling is set to go live on July 15.
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