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Pennsylvania casinos reach new $5 billion record for gambling revenue - fox29.com - Usa - state Nevada - state Pennsylvania - state New Jersey - city Harrisburg, state Pennsylvania
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Pennsylvania casinos reach new $5 billion record for gambling revenue
HARRISBURG, Pa. - Casinos and other operators in Pennsylvania set a new annual record for gambling revenue, state regulators said Tuesday, rising above $5 billion for the first time amid surging betting on online casino games and a post-pandemic return to the casinos' slot machines and table games.Operators in one of the nation’s largest commercial casino states won more than $5 billion from gamblers in the 12 months through June 30, according to the figures from the Pennsylvania Gaming Control BoardThat was about 30% higher than the $3.9 billion recorded in the previous fiscal year, and slightly above the previous calendar year high of $4.7 billion reported in January.The rebound continues after pandemic-related shutdowns sapped casino revenue in 2020.The casino winnings came from 16 casinos, including four new mini-casinos authorized under a 2017 law, as well as fantasy sports operators and truck stops.Revenue in casinos from slot machines grew to $2.4 billion and from table games to above $1 billion.Online gambling, in just its fourth year, grew again to pass $1.2 billion. Sports betting, in just its fifth year, added $325 million in revenue.Pennsylvania legalized both sports betting and online gambling as part of an aggressive gambling expansion in 2017.Pennsylvania has been neck-and-neck with New Jersey for No.
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