Pennsylvania reveals gambling revenues for 2022

by Stephanie
Published 19/01/2023

Pennsylvania smashed the annual gambling revenue last year. The state reached an all-time high of $5.2 billion.

  • Pennsylvania Financial Results for 2022 show gaming industry boom
  • December also revealed extravagant figures

The year 2022 proved to be a lucrative year for the Keystone State for what iGaming respects. According to the Pennsylvania Gaming Control Board (PGCB), the total gaming revenue was 10.2% higher than the previous year – $4.73 billion more.

The total figure encompasses land-based slots, table games, sports betting, VGT’s and fantasy contests. Retail slots stole the limelight generating $2.39 billion worth of revenue while land-based table games brought $990.6 million to the pot. That’s a 4.5% and 7.1% increase from 2021 respectively.

The total taxing gaming revenue for 2022 reached $2.1 billion. The figure, which is 11% higher than the $1.9 billion collected in 2021, will be used to enhance infrastructure, education, and healthcare and create jobs.

December sets record high

Not only did Pennsylvania perform spectacularly well last year, but December also revealed record numbers. The combined total revenue from iGaming was $475 million. This number, 16.9% higher than December 2021, takes over the previous record set in March 2022 by 3.3%.

In terms of top-performing casinos, Parx Casino, Wind Creek Bethlehem, and Rivers Casino Pittsburgh generated the highest revenue in that order.