Pennsylvania Sees Major Growth In Gambling Market In March
- Pennsylvania saw over $403 million in gambling activity for March 2021.
- A total of $98 million came from online gambling.
- Total gambling activity is up 162% year over year.
HARRISBURG, Pa. – Online gambling in Pennsylvania saw significant growth in the market as local gambling fans played for all-time highs in handle.
The big story is how online gambling operations saw a bulk of the total revenue came from online gaming operations. iGaming set the highest single month revenue amount in Pennsylvania.
Legal Pennsylvania gambling has grown into a massive market, with the 2021 numbers all but eclipsing prior years in terms of revenue and activity.
Online Gambling Booms
The total revenue collected by casino operations in March 2021, according to the official report released by the Pennsylvania Gaming Control Board, was $403,131,336 which is a 161.6% increase year over year from the $154,100,378 collected in March 2020.
Internet casino operations saw a huge increase. The previous record for iGaming revenue was set in January at just over $80 million. March, however, saw the record break easily with $97,689,743 coming from online casinos.
While the online record-breaking in just two months is impressive in its own right, the real growth comes from how much the increase in activity has been compared in March 2020.
Last year saw $24,884,830 collected in iGaming revenue, showing that year over year there has been a 292.57% increase in revenue collected by operations.
Last year the nation went under lockdown due to the COVID-19 pandemic, but internet operations in Pennsylvania were still active.
The fact that the numbers have increased so drastically, despite the fact that retail gaming options are also available, it is clear to see the legal gambling as a whole has grown drastically in the state, with online becoming a more favorable option for Pennsylvania players.
Pennsylvania saw an average of $3,989,395 in daily revenue from iGaming operations for the month. This is up month over month from the $2,778,159 daily generated in February. Even with March having more days, it still managed to generate more activity on a daily basis than February.
Online gambling in Pennsylvania is in great shape and the numbers reflect that the market is still very much growing. Pennsylvania could potentially see the record break again in April.