Politics & Government
PA Gambling Revenues Hit All-Time High In Pandemic-Plagued Year
The Pennsylvania Gaming Control Board provides financial proof that state residents enjoyed wagering during the coronavirus outbreak.
HARRISBURG, PA — Bet you didn't see this coming: Despite the operating limitations on Pennsylvania casinos caused by the coronavirus outbreak, gambling revenue in Pennsylvania reached a record $3.8 billion during the 2020-21 fiscal year.
That's more than $500 million more than the previous high for gambling revenue in a state fiscal year. In 2018-19, the total was $3.3 billion.
The total also represents a $1.1 billion increase over 2019-20 revenues, a year in which casinos were closed for several months due to the pandemic. They also shut down during 2020-21, but for a shorter period.
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The Pennsylvania Gaming Control Board attributed the record revenues to growth in the sports wagering and fantasy sports contests markets, along with iGaming and video gaming technology expansion. Nearly a third of the gambling money taken in during 2020-21 was from those four markets.
Also, a new Live! Casino opened just east of Pittsburgh.
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A breakdown of revenue increases:
- Slot revenue: $1.7 to $1.9 billion.
- Table games: $64.4 million to $72.1 million.
- Sports wagering: $113 million to $308 million.
- Fantasy sports contests: $21 million to $28 million.
- iGaming: $240 million to $897 million.
- Video gaming technology: $6.7 million to $31.3 million.
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