PA Casinos | US$5.2 Billion in Revenue in 2022
The gambling industry in Pennsylvania broke all revenue records in 2022. The 16 casinos operating…
The gambling industry in Pennsylvania broke all revenue records in 2022. The 16 casinos operating in the Keystone State generated US$5.2 billion in revenue last year. According to the Pennsylvania Gaming Control Board, that’s US$500 million more than what the same casinos made in 2021.
Those high gaming revenue figures resulted in record-breaking tax revenue for Pennsylvania too. The state collected US$2.1 billion last year, s US$191.8 million more than it gathered from PA casinos in 2021.
The largest increase in revenue in 2022 came in the internet gaming sector, where US$1.36 billion was wagered by Pennsylvania players, up 22.6% compared to 2021. Sports betting was second, with US$401.2 million in revenue generated – an 18% increase.
Table games and slot machines also had a great year. Table game revenue (US$990.5 million) was closer to one billion dollars than ever before. Slots continued to rake in the billions and generated US$2.4 billion in 2022.
Fantasy contests were the only gambling category in Pennsylvania to have a worse year, with revenue dropping by 23.9% to US$22.3 million.
Land-based casinos in Pennsylvania had a year to remember too. Rivers Casino’s gaming revenue was US$373.9 million, up 5.2%, while Hollywood Casino generated US$265.7 million, an increase of 5.6%. Live! Casino Pittsburgh had the highest rise in revenue. It generated US$111.9 million, up 10.3%.
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