Gaming revenue hits highest mark in a single month

Revenue from all types of gaming across the state reached its highest level in a single month in March. 

The Pennsylvania Gaming Control Board said revenue from all forms of gaming along with fantasy contests totaled $462,740,098.  

The previous high revenue month occurred in November 2021 at $432,490,129.  

The record was driven by all-time highs in two gaming sectors including Retail Table Games which exceeded $90 million for the first time, and Internet Casino-Type Gaming which exceeded $110 million for the first time, the board said.  

Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals. 

Total tax revenue generated collectively through all forms of gaming and fantasy contests was $187,018,857 during March 2022.  

March’s gross revenue from slot machines was $214,721,028, a 7.74% increase when compared to the $199,290,530 generated in March 2021. The number of slot machines in operation in March 2022 was 26,107 compared to 19,727 in casinos in March 2021, according to the report.  

Tax revenue from the play of slots machines in March 2022 was $109,706,835. 

Table games revenue for March 2022 was $915,194,410. The March revenue total was the highest to date topping the previous record of $89,078,876 achieved in October 2021. Total tax revenue was $15,194,410. 

Internet Casino-Type Gaming (iGaming) revenue Casino games offered online generated gross revenue of $118,118,408 during March 2022 compared to $97,689,743 in March 2021, an increase of 20.91%. The tax revenue was $48,973,608. 

The March revenue total was the highest to date, topping the previous record of $108,310,642 achieved in January 2022. 

Total sports wagering revenue was $714,976,578 or 27.62% above the March 2021 total of $560,259,181. At the same time, the taxable revenue figure for March 2022 was $30,400,581 compared to $29,352,345 in March 2021. 

Fantasy Contests revenue was $1,390,443 in March 2022, a decrease of 22.71% over March 2021, when revenue was $1,798,983.  

All tax revenue figures reflect the amount generated prior to any adjustments by the Pennsylvania Department of Revenue. 

 A significant job generator in the commonwealth, casinos and the other types of Board-regulated gaming is expected to generate over $2 billion in tax revenue during the 2021/2022 state fiscal year.