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Pennsylvania Reports Total Gaming Revenue Increase For July

Written By Katarina Vojvodic on August 17, 2023
Pennsylvania July 2023 Revenue Report

In its latest report, the Pennsylvania Gaming Control Board (PGCB) revealed that the combined total revenue generated from all forms of gaming during July was $467.04 million. That includes income from:

  • Slot machines
  • Table games
  • Internet gaming
  • Sports betting
  • Fantasy contests
  • Video gaming terminals (VGTs)

Online gambling revenue in Pennsylvania throughout July was $132.86 million, a yearly increase but a monthly drop.

Total tax revenue generated collectively through all forms of gaming and fantasy contests was $192.0 million during July 2023.

Pennsylvania’s online casino apps took in more money from players in FY 2022/23 than in any previous fiscal year. 

Pennsylvania gaming revenue reaches $467 million in total

Twenty Pennsylvania casinos collected $467,043,707 in total gaming revenue in July, a 6% monthly increase from $440,491,675 collected in June. July’s revenue figure is also an 8.85% yearly improvement compared to revenue generated in July 2022.

The best-performing Pennsylvania casinos throughout July 2023 were:

  1. Hollywood Casino at Penn National Race Course: $70,085,180
  2. Parx Casino: $56,108,246
  3. Valley Forge Casino Resort: $54,642,48

While Hollywood Casino and Valley Forge Casino showed a yearly increase of 25.62% and 32.07%, respectively, Parx Casino reported a 0.48% yearly drop.

PA online gambling revenue increases yearly, drops monthly

There are currently 10 online casino operators in the Keystone State that compiled $132,859,997 during July. The number is a 35% yearly increase from $98.57 million in July last year. However, it is a 19% monthly drop from the $164.3 million generated in June.

The top three PA operators in July were:

  1. Hollywood Casino at Penn National Race Course: $54,392,661
  2. Valley Forge Casino Resort: $29,221,202
  3. Rivers Casino Philadelphia: $26,825,080

Tax revenue generated from internet gaming play during July 2023 was $57.30 million.

PA sports betting revenue in July decreased from June

PA licensed sportsbooks won more than $32 million in total revenue during July 2023. The figure is a slight monthly decrease from June 2023’s $33.8 million. At the same time, the taxable revenue figure for July 2023 is a 26% yearly improvement compared to July 2022, when taxable revenue was $25.44 million.

In July 2023, the total sports betting handle was $338.45 million or 0.58% above the July 2022 total of $336.51 million.

Pennsylvania reported a record fiscal year 2022/23

Last month, the PGCB reported record tax revenue for the state for fiscal year 2022-23 of $2.3 billion.

Gaming revenue reached a record $5.5 billion, a 9% increase from 2021-2022’s previous record-high figures. Nearly $2.45 billion in revenue came from slot machines, while $974.0 million came from table game revenue. FY 2022/23 was the state’s second highest-performing fiscal year for slot machine revenue, after FY 2011/12’s $2.47 billion.

Pennsylvania’s online gaming sector of $1.53 billion also increased by 24% from the previous fiscal year.

Photo by PlayUSA
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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