Pennsylvania Gaming Control Board Reports Record Tax Revenue
June saw the Pennsylvania Gaming Control Board announce record revenues from the gaming industry. The figures are a combined income from all legal gaming activities, including slot machines, table games, internet gaming, sports wagering, fantasy contests, and video gaming terminals (VGTs). According to the statement, gaming operators, including casinos and VGTs, made $440,491,675 in revenue for June 2023, which amounts to a 13% year-on-year increase.
The iGaming sector recorded $98,211,016 in revenue for June, 35.88% up from last year. On the tax front, the industry contributed $183,786,565 to government coffers for June 2023. June’s revenue breakdown showed the favorite gaming activities of PA residents. The table below shows the revenue recorded from each gaming sector in June.
| Type of Gaming | Revenue Recorded |
| Retail Slots | $201,549,571 |
| iGaming Slot | $98,211,016 |
| Retail Tables | $76,204,262 |
| iGaming Tables | $34,796,586 |
| Sports Wagering | $23,060,076 |
| Video Gaming Terminals | $3,392,483 |
| iGaming Poker | $2,429,089 |
| Fantasy Contests | $848,591 |
| TOTAL | $440,491,675 |
Retail and iGaming slots contributed the lion’s share of the revenue, raking in a combined $299 million. These figures show that most gamers in the Keystone territory love playing slots. iGaming slots revenue jumped 35% from 2022’s $72 million, demonstrating the continued acceptance of the online gaming gospel among Pennsylvania residents.
Casinos were also huge beneficiaries, making substantial revenue gains from players. The top-performing PA Casino in June was the Hollywood Casino at Penn National Race Course, making $72,548,381. The Casino’s success has been a long time coming, as it incorporates live horse racing with sports wagering, thousands of slot machines, and table games, including Poker, Black Jack, Roulette, Craps, Pai-Gow Poker, Mini-Baccarat, and Let-It-Ride.
Some of the top-performing casino operators in Pennsylvania are:
| Casino | June Revenue |
| Hollywood Casino at Penn National Race Course | $72,548,381 |
| Parx Casino | $51,322,052 |
| Valley Forge Casino Resort | $51,190,615 |
| Rivers Casino Philadelphia | $46,563,014 |
| Wind Creek Bethlehem | $43,450,430 |
| Rivers Casino Pittsburgh | $28,202,578 |
| Live! Casino Philadelphia | $23,757,873 |
| Hollywood Casino at the Meadows | $23,016,355 |
| Mohegan Pennsylvania | $19,715,995 |
| Mount Airy Casino Resort | $19,697,185 |
| Harrah’s Philadelphia | $18,993,550 |
| Live! Casino Pittsburgh | $9,970,693 |
Lady Luck Casino Nemacolin continued to see dwindling figures, making only $1,816,589, while newcomer Bally’s Pennsylvania made an income of $449,549. In June, Lady Luck had cut ties with its former gaming partner, Churchill Downs, over its dwindling performance in the casino market, opting to self-manage its services.
Online Gambling Revenue in Pennsylvania
Online gaming continues to shine, with PA casino lovers taking advantage of the convenience and accessibility offered by these operators. The sector contributed $135,436,692 in June alone, representing an increase of 31% over May’s numbers. The top PA online casinos in gaming revenue are
| Casino | Total iGaming Revenue |
| Hollywood Casino at Penn National Race Course | $57,836,842 |
| Valley Forge Casino Resort | $28,080,543 |
| Rivers Casino Philadelphia | $26,997,969 |
| Harrah’s Philadelphia | $5,951,032 |
| Parx Casino | $4,685,689 |
| Live! Casino Philadelphia | $3,889,265 |
| Mount Airy Casino Resort | $3,540,194 |
| Mohegan Pennsylvania | $2,186,771 |
| Wind Creek Bethlehem | $1,818,838 |
| Bally’s Pennsylvania | $449,549 |
| TOTAL | $135,436,692 |
The total tax revenue generated from iGaming platforms alone is $58,978,095, while the total tax revenue from all PA gaming activities for June is $183,786,565. The iGaming sector’s successes are unsurprising, as it led all gaming activities in revenue for the 2022/23 fiscal year, bringing in over a billion ($1,532,761,065).
Overall, the gaming sector remains a great source of income for the government. By the 2022/23 fiscal year reports, which saw over $2 billion go into the government coffers in taxes, PA residents can heave a sigh of relief for economic budgets.
However, there is also the concern that Pennsylvania gamers are spending lots of money on gambling. The government may need to deploy more responsible gaming measures to ensure a win-win effect. These measures include more awareness of problem gambling, addiction, and the importance of setting deposit limits when gaming. As summer rolls along, it will be interesting to see what financial contributions and improvements the sector makes.