Valley Forge Casino Resort recorded total revenue of more than $22 million in April as sports betting in Pennsylvania entered the slow season, according to a staff report from PlayPennsylvania.
Overall, Pennsylvania’s online and retail sportsbooks dropped to $572.8 million in wagers in April. This is 20 percent under $715 million in March. However, the expected post-NCAA Tournament dip was accompanied by a higher win percentage and sizable year-over-year gains of 19 percent.
“The NBA Playoffs, the Final Four, and the first month of baseball gave just enough inventory with general interest to keep bettors engaged in April,” said Dustin Gouker, lead analyst at PlayUSA.com. “But sportsbooks won’t be so lucky going forward with the Penguins and Sixers eliminated, and the Pirates and Phillies off to slow starts.”
Valley Forge Casino Resort reported total revenue of $22,545,511, which is the third-highest in Pennsylvania.
The majority of that came from slots, which accounted for $12,282,277 of the entire sum. Tables also posted high revenue at $10,263,234. The King of Prussia casino also recorded $1,045,214 worth of promos.
State and local taxes for the casino in April came out to $7,710,131.
Read more about sports betting in Montgomery County and Valley Forge Casino Resort spring numbers in PlayPennsylvania.