Gambling Business in Pennsylvania Better than Ever, Casinos Monthly Revenue Set New Record

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Business in Pennsylvania is better than ever despite the ongoing global pandemic. Pennsylvania gaming industry is the second largest in the US, just after Nevada. The state has 13 commercial and land-based casinos. Other casinos plus gaming include sports betting, daily fantasy sports, iGaming, and video gaming terminals (VGTs).

In May, Pennsylvania Gaming Control Board (PGCB) reported $413.18 million in gaming revenue. The month of July surpassed the month of May. The state reached its record month in history, posting $423.65 million in gross gaming revenue (GGR).

Despite the ongoing pandemic, Pennsylvania casinos are operating in full capacity. Brick and mortars are back to full capacity, and indoor smoking is back in the allocated section. Slots machines that had been powered down to encourage social distancing are also back.

Table games are also back in full capacity, further helping drive record revenue in Pennsylvania. The month of July was the best single month for table games in Pennsylvania. Slots also fared well, generating a GGR of $222.8 million, representing a 35 percent year of year increase.

Sportsbooks retained $19.8 million of wagers, equivalent to a 144 percent increase from the previous year. VGTs posted $3.7 million of the revenue, representing an 81 percent upside from the previous year.

Online platforms like iGaming also posted a strong earning. Internet slots posted $63.2 million in revenue, interactive tables posted $22.8 million, and online poker raked $2.6 million. The total iGaming GGR for July 2021 added up to $88.6 million, representing a 63 percent year-to-year increase.

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