Bet MGM Penn National

BetMGM entered the Pennsylvania market by partnering with Hollywood Casino Morgantown to offer online sports betting.

Gaming revenue in the state was up 2.7% in January when compared the same month of 2020 the Pennsylvania Gaming Control Board said Wednesday.

Contributing to that figure was the Hollywood Casino Morgantown, which brought in $414,300 in online sports wagering. The Category 4 casino is still under construction in Caernarvon Township and Wyomissing-based Penn National Gaming Inc. said completion isn't scheduled until later this year.

However, the casino has already found a digital sportsbook partner in MGM. BetMGM was given permission to enter Pennsylvania last fall and unveiled its partnership with Hollywood Casino Morgantown in December after PGCB approval.

For January, Hollywood Morgantown had a total handle of $39.3 million.

The state reported total revenue of $311.1 million in January, compared to $302.8 million last year. Tax revenue for the month was $127.1 million.

Internet games contributed $80.4 million to the total, which saw its share increase 11% from the previous high of $71.6 million in December.

For Hollywood Casino at Penn National, year-over-year revenue was up 103.3% to $43.6 million, with I-Gaming bringing in $27.6 million. Internet games accounted for just $2.4 million in revenue in January 2020. 

Slot machine revenue at the Dauphin County casino was $12.7 million, table games were at $1.9 million and sports wagering was $1.3 million.

Penn National's other property in the state, The Meadows Casino in Washington County, had total revenue of $19.7 million, a drop of 5.8% over the year. Slots accounted for $9.8 million of that total, table games were at $1.9 million and the sports wagering was at $7.9 million.

Among other regional casinos:

  • Valley Forge Casino in King of Prussia, Montgomery County, had revenue of $37.9 million, a 75% year-over-year increase. Slots revenue was $5.7 million, table games revenue was $2.8 million, sports wagering revenue was $14.5 million and I-Gaming revenue was $14.7 million.
  • Harrah's Philadelphia, Chester, had revenue of $15.4 million, a year-over-year drop of 27.5%. Slots revenue was $10.4 million, table games revenue was $3.2 million, sports wagering revenue was $298,698 and I-Gaming revenue was $1.4 million.
  • Parx Casino, Bensalem, Bucks County, had revenue of $49.4 million, a nearly 14% drop from January 2020. Slots revenue was $28.2 million, table games revenue was $13.3 million, sports wagering revenue was $2.3 million and I-Gaming revenue was $5.3 million.
  • Rivers Casino, Philadelphia, had revenue of $36.8 million, a 15.4% increase over the year. Slots revenue was $8 million, table games revenue was $5.7 million, sports wagering revenue was $2 million and I-Gaming revenue was $20.9 million.
  • Wind Creek Bethlehem, had revenue of $26.3 million, a drop of 31.2%. Slots revenue was $17.1 million, table games revenue was $8.6 million, sports wagering revenue was negative $83,616 and I-Gaming revenue was $552,365.
  • Live! Casino, Philadelphia, opened in January and had opening month revenue of $4.2 million. Slots revenue was $2.2 million, table games revenue was $1.4 million, sport wagering revenue was $116,944 and I-Gaming revenue was $487,350.

Video gaming terminal gross revenue was $2.2 million. Marquee by Penn, which is owned by Penn National, had $1.7 million of that total.

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