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Pennsylvania gaming industry sees record revenue for 2021
Stacy Wescoe//January 21, 2022
Legalized gaming in Pennsylvania had a record year in 2021, with the Pennsylvania Gaming Control Board reporting revenue increases in nearly every sector of the industry.
For the year, the combined revenue of slot machines, table games, sports wagering, iGaming, video gaming terminals (VGTs) and fantasy contests totaled $4.7 billion compared to $2.7 billion in 2020. This also resulted in record tax revenue production from gaming of more than $1.93 billion.
The Board did note that the significant year-over-year increase in gaming revenue was impacted by closures and safety measures at casinos related to COVID-19 during 2020. Total closure days in 2020 were 1,473 compared to 44 days in 2021.
Statewide, slots were up 68.71% to $2.3 billion. Table games were up 83.4% over 2020, taking in $925 million.
2021 revenue from sports wagering was $340 million, a 79.29% increase in revenue when compared to the $190 million generated in 2020. Sports wagering handle, the amount wagered through both retail and online, was $6.55 billion, an 83% increase over 2020’s handle of $3.58 billion.
2021 revenue from fantasy contests was $29.3 million, a 38.54% increase in revenue when compared to the $21.2 million generated in 2020.
2021 revenue for iGaming was $1.1 billion an 96.7% increase in revenue when compared to the $566 million generated in 2020. At the end of 2021 there were 10 iGaming certificate holders in Pennsylvania.
While a smaller source of revenue, video game terminals, found in truck stops, did have a significant increase in 2021.
2021 revenue for VGTs at Truck Stops was $40 million a 139% increase in revenue when compared to the $17 million generated in 2010. By the end of the year there were 60 VGT facilities in Pennsylvania.
