PA Shatters All-Time Records With $5 Billion In Gaming Revenue

PENNSYLVANIA — With new casinos opening up and online gambling rapidly growing in both popularity and availablity, Pennsylvania reached record revenues in gaming in 2021-2022, the state announced Wednesday.

The state's gambling revenue exceeded $5 billion for the first time ever, hitting $5,042,967. It marks a drastic increase of the previous record of $3.87 billion, also set last year. Figures are calculated from July 1 to June 30 each year.

"The Board notes that the overall revenue increase from the previous high fiscal year can be attributed to a record high in revenue for table games, along with continued growth in the Sports Wagering, iGaming and Video Gaming Terminal (VGT) markets," the state said in a statement upon announcing the numbers.

The past year was also a record for tax revenue, as just over $2 billion was taken in by the state.

The state's biggest earner was Parx Casino, which accounted for $407 million of the revenue. Other top earners included Wind Creek Bethlehem at $278 million, Rivers Casino Pittsburgh at $270 million, Mohegan Sun Pocono at $190 million, Hollywood Casino at Penn National at $167 million, and Hollywood Casino at the Meadows at $161 million.

Live! Casinos in Philadelphia and Pittsburgh saw the biggest growth, with 104 and 123 percent increases in revenue last year respectively. Valley Forge Casino ($105 million) was the next biggest improver, with 37 percent growth over last year.