Pennsylvania Gaming Reaches All-Time High for Revenue
It was another record year for legalized gambling in The Keystone State. According to the Pennsylvania Gaming Control Board in a report published on Jan. 18, revenue in 2022 was nearly a half billion higher than the previous year in the state. According to the report, over $5.2 billion in gaming revenue in 2022 was generated from the state’s 16 casinos, up from last year’s record of $4.7 billion, nudging out Atlantic City as the second-richest gaming state in 2022 (Nevada keeps the crown and repeats the No.1 spot).
The big gainers contributing to the record year were internet gaming revenues, which totaled $1.36 billion last year, a 22.6% increase over 2021; and sports wagering, which produced $401.2 million in revenue, up 18%. The top three casinos in igaming revenue were Hollywood Casino at Penn National ($561,241,680), Rivers Casino Philadelphia ($32,394,007) and Valley Forge Casino Resort ($255,502,145).
On the land-based casino side, table games generated $990.5 million in revenue in 2022, while slot machines clearly had a big year and raked in nearly $2.4 billion in revenues, up 4.5%. The top three casinos for retail slot machine revenue were Parx Casino ($393,822,364), Wind Creek Bethlehem ($272,090,683) and Rivers Casino Pittsburgh ($266,865,004).
For table games revenue, the top three casinos were Wind Creek Bethlehem ($243,721,144), Parx Casino ($204,864,877) and Live! Casino Philadelphia ($100,396,236). The top three in sports wagering revenue included Valley Forge Casino Resort ($209,988,982), Hollywood Casino at The Meadows ($76,214,335) and Hollywood Casino at Penn National ($21,585,874).
To read the full report, visit www. gamingcontrolboard.pa.gov.