Poker Coverage: Poker Tournaments Casino News Sports Betting Poker Strategy

Pennsylvania Reports Record Gambling Winnings

Online Casinos Generate All-Time High Of $1.1 Billion

Print-icon
 

Gains in almost every sector of legalized gaming regulated by the Pennsylvania Gaming Control Board made 2021 a record year for revenue, according to a statement from the agency released Thursday.

For the year, the combined revenue of slot machine, table games, sports wagering, iGaming, video gaming terminals, and fantasy contests totaled $4,734,552,201, compared to $2,653,511,029 in 2020.

Estimated combined tax revenue from these gambling initiatives for 2021 was $1,931,219,603 compared to $1,098,970,241 in 2020.

Retail Slot Machines

Gross revenue from slot machines at the casinos was $2,287,529,465, a 68.71% increase in revenue when compared to the $1,355,924,785 generated in 2020.

Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Retail Table Games

2021 gross revenue from table games at the casinos was $924,902,965, an 83.40% increase in revenue when compared to the $504,309,266 generated in 2020.

Sports Betting

2021 revenue from sports wagering was $340,113,160, a 79.29% increase in revenue when compared to the $189,703,465 generated in 2020. Sports wagering handle, the amount wagered through both retail and online, was $6.55 billion, an 83% increase over 2020’s handle of $3.58 billion.

Fantasy Contests

2021 revenue from fantasy contests was $29,298,635, a 38.54% increase in revenue when compared to the $21,148,707 generated in 2020.

iGaming

2021 revenue for iGaming was $1,112,855,937 an 96.70% increase in revenue when compared to the $565,776,908 generated in 2020. At the end of 2021 there were 10 iGaming certificate holders in Pennsylvania.

Video Gaming Terminals (VGTs)

2021 revenue for VGTs at Truck Stops was $39,852,039 a 139% increase in revenue when compared to the $16,647,898 generated in 2010. At the end of the year there were 60 VGT facilities in Pennsylvania.

 
 
Tags: Pennsylvania