Can 2023 Surpass the $5.2 Billion Revenue Mark?

by Stephanie
Published 09/01/2023

Last year, the Pennsylvania iGaming industry matched the state’s gaming revenue for 2021 in just 11 months. The question now is whether this year has what it takes to go over the set mark.

  • PA gaming industry looks to go beyond $5.2 billion in 2023
  • December 2022 figures still not released
  • More online casinos to join PA this year

The expansion of the gaming sector in the Keystone State had its limitations last year. No online casinos joined the current 18 and only one sports betting operator joined the market, PointsBet.

However, the current operators managed to equal the $4.73 billion reached in 2021 in the first 11 months of 2022 despite December’s figures still not being added.

Once the numbers for December are released, it’s expected that at least $400 million more will have been collected by casino operators, sportsbooks, video gaming terminals, and fantasy sports altogether.

What 2023 awaits

Pennsylvania’s iGaming market is guaranteed to expand this year. A Parx mini-casino will open in February and many online casino operators hope to join the state as the Pennsylvania Gaming Control Board reopens the new petition period for iGaming certificates. With this in mind, it’s highly likely that the iGaming revenue will go beyond last year’s final numbers.

All those casino operators looking to get a permit can do so from January 3 to March 3, 2023.