Huge year for iGaming and sports betting leads to over 9% increase in PA gaming revenue

24 January 2024- Fueled by a nearly 28% increase in iGaming revenue over the previous year, the Pennsylvania Gaming Control Board (PGCB) is reporting that 2023 combined gaming revenue achieved a record high.

The 2023 calendar year combined revenue figure reported by the PGCB was $5,697,218,115 and consists of the combined revenue of slot machines, table games, sports wagering, iGaming, video gaming terminals (VGTs) and fantasy contests. That figure is 9.3% above the 2022 combined revenue amount of $5,211,335,687.

The resulting tax revenue of $2,343,399,312 generated in 2023 through these forms of gaming was also a record besting the $2,123,019,992 generated in 2022. Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue.

A comparison of combined revenue is below:

YearSlotMachine RevenueTable Games RevenueiGaming RevenueSports Wagering RevenueVGT’s RevenueFantasy Sports ContestsTotal Gaming Revenue
2013$2,384,098,225$729,830,365    $3,113,928,590
2014$2,319,534,380$749,543,217    $3,069,077,597
2015$2,365,651,659$808,137,112    $3,173,788,771
2016$2,360,184,122$853,238,055    $3,213,422,178
2017$2,336,212,902$890,704,254    $3,226,917,156
2018$2,369,885,203$878,796,174 $2,516,589 $15,309,615$3,266,507,581
2019$2,363,085,678$903,594,181$33,599,749$84,112,967$2,329,540$25,872,124$3,412,594,239
2020$1,355,924,785$504,309,266$565,776,908$189,703,465$16,647,898$21,148,707$2,653,511,029
2021$2,287,529,465$924,902,965$1,112,855,937$340,113,160$39,852,039$29,298,635$4,734,552,201
2022$2,390,757,300$990,568,468$1,364,392,468$401,208,108$42,079,447$22,329,896$5,211,335,687
2023$2,463,698,452$971,742,564$1,741,832,079$458,616,339$41,237,349$20,091,332$5,697,218,115

Retail Slot Machine Revenue

Gross revenue from slot machines at the casinos was $2,463,698,452, a 3.05% increase in revenue when compared to the $2,390,757,300 generated in 2022.

Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Retail Slot Machine Revenue by OperatorSlot Machine Revenue 2023Slot Machine Revenue 2022% Change
Parx Casino$386,218,372$393,822,364-1.93%
Wind Creek Bethlehem$285,056,051$272,090,6834.77%
Rivers Casino Pittsburgh$267,307,816$266,866,0040.17%
Mohegan Pennsylvania$182,550,997$185,030,719-1.34%
Hollywood Casino at The Meadows$166,843,576$162,800,7052.48%
Mount Airy Casino Resort$157,482,102$144,453,6829.02%
Hollywood Casino at Penn National$145,034,011$155,060,060-6.47%
Live! Casino Philadelphia$136,859,716$122,474,95511.75%
Rivers Casino Philadelphia$136,848,518$118,423,32615.56%
Harrah’s Philadelphia Casino$117,428,469$133,787,048-12.23%
Valley Forge Casino Resort$104,254,611$102,911,1411.31%
Live! Casino Pittsburgh$98,425,413$95,812,1402.73%
Presque Isle Downs and Casino$91,740,821$95,313,007-3.75%
Hollywood Casino York$80,359,190$72,384,86211.02%
Hollywood Casino Morgantown$57,167,984$49,296,24115.97%
Parx Shippensburg$29,839,675n/an/a
The Casino at Nemacolin$20,281,129$20,230,3650.25%
Statewide Total$2,463,698,452$2,390,757,3003.05%

 Retail Table Games Revenue

2023 revenue from table games at the casinos was $971,742,564, a 1.90% decrease in revenue when compared to the $990,568,468 generated in 2022.

Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Retail Table Games Revenue by Operator2023 Table Games Revenue2022 Table Games Revenue% Change
Wind Creek Bethlehem$241,267,937$243,721,144-1.01%
Parx Casino$202,031,523$204,864,877-1.38%
Live! Casino Philadelphia$108,433,121$100,396,2368.01%
Rivers Casino Philadelphia$91,606,507$98,246,314-6.76%
Rivers Casino Pittsburgh$87,238,526$88,167,741-1.05%
Mount Airy Casino Resort$35,690,335$39,750,866-10.21%
Valley Forge Casino Resort$33,241,984$33,084,6210.48%
Harrah’s Philadelphia Casino$30,539,792$39,075,014-21.84%
Mohegan Pennsylvania$28,599,425$30,586,526-6.50%
Hollywood Casino at The Meadows$28,144,074$26,732,2735.28%
Hollywood Casino at Penn National$26,748,039$25,563,6554.63%
Hollywood Casino York$16,601,578$18,574,761-10.62%
Live! Casino Pittsburgh$16,269,853$15,071,9747.95%
Presque Isle Downs and Casino$12,563,458$13,734,589-8.53%
Hollywood Casino Morgantown$9,614,092$10,982,618-12.46%
The Casino at Nemacolin$2,032,719$2,015,2600.87%
Parx Shippensburg$1,119,603n/an/a
Statewide Total$971,742,564$990,568,468-1.90%

 iGaming Revenue

 2023 revenue for iGaming was $1,741,832,079 a 27.66% increase in revenue when compared to the $1,364,392,468 generated in 2022.

 iGaming revenue for each of the providers is as follows:

Casino Operator2023 Revenue2022 Revenue% Change
Hollywood Casino at Penn National$712,412,997$561,241,68026.94%
Valley Forge Casino Resort$392,653,074$255,502,14553.68%
Rivers Casino Philadelphia$340,337,719$326,394,0074.27%
Harrah’s Philadelphia$74,330,468$38,880,32291.18%
Parx Casino$58,370,717$44,849,71630.15%
Mount Airy Casino Resort$52,064,540$57,058,899-8.75%
Live! Philadelphia$40,014,407$33,139,88920.74%
Wind Creek Bethlehem$22,556,184$16,990,24532.76%
Mohegan Pennsylvania$21,718,846$22,904,658-5.18%
Golden Nugget$14,859,720n/an/a
Bally’s Pennsylvania$12,320,387n/an/a
Presque Isle Downs and Casino*$193,019$7,430,906-97.40%
Statewide Total$1,741,832,079$1,364,392,46827.66%

 *Does not currently operate an iGaming site; shut down operations Feb. 2023

Sports Wagering Revenue

2023 revenue from sports wagering was $458,616,339, a 14.31% increase in revenue when compared to the $401,208,108 generated in 2022. Sports wagering handle, the amount wagered through both retail and online, was $7.68 billion, a 5.95% increase over 2022’s handle of $7.25 billion.

Sports wagering revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Sports Wagering Revenue by Operator2023 Sports Wagering Revenue2022 Sports Wagering Revenue% Change
Valley Forge Casino Resort$233,592,241$209,988,98211.24%
Hollywood Casino at The Meadows$121,111,146$76,214,33558.91%
Hollywood Casino Morgantown$21,015,594$11,138,29588.68%
Parx Casino$17,433,149$15,923,1989.48%
Rivers Casino Pittsburgh$16,945,639$18,866,650-10.18%
Rivers Casino Philadelphia$10,376,916$13,122,718-20.92%
Harrah’s Casino Philadelphia$9,118,267$4,395,248107.46%
Live! Casino Philadelphia$6,984,563$5,497,36427.05%
Hollywood Casino at Penn National$4,292,804$21,585,874-80.11%
Hollywood Casino York$3,495,168$2,997,63216.60%
Mohegan Pennsylvania$3,202,067$3,227,274-0.78%
Mount Airy Casino Resort$3,152,001$5,756,745-45.25%
South Philly Race & Sportsbook$2,388,985$3,226,091-25.95%
Live! Casino Pittsburgh$1,752,446$1,040,14968.48%
Mohegan Sun Lehigh Valley$1,341,547$1,558,434-13.92%
Presque Isle Downs and Casino$1,243,670$4,349,160-71.40%
Wind Creek Bethlehem$719,288$1,804,720-60.14%
Parx Malvern*$363,139$515,236-29.52%
Parx Casino Shippensburg$87,708n/an/a
Statewide Total$458,616,339$401,208,10814.31%

*Does not currently operate a Retail Sports Wagering facility; shut down operations August 2023