Bally’s terminated Pennsylvania casino agreement
Bally's terminated its agreement with SC Gaming to develop College Township in Pennsylvania.
Bally's Corporation is an American gambling, betting, and interactive...
iGaming claims the crown in Pennsylvania
For August, iGaming revenues in Pennsylvania are the highest, with an increase of 11.6%.
Pennsylvania is the fifth most populous state in the US, with a population of over 13 million. Currently, there are 22 real-money online casinos licensed to operate in the state. These casinos saw a significant revenue increase of $183.7 million, which is more than 26.7% when compared to $145 million the previous year.
The state’s sports betting industry also saw growth, with a revenue rise of 23.5% from $393 million to $485.3 million. Slot machines’ revenue also rose by 3.9% to $211.1 million, while retail table games saw a slight decline of 2.1%, generating $81 million.
Overall, Pennsylvania’s total gaming revenue grew by 11.6% year-on-year to $510.2 million, with total tax revenue, including fantasy contests and video gaming terminals, amounting to $215.1 million.
Gambling performance in Pennsylvania
Pennsylvania has an expansive and diverse gaming market, which includes everything from traditional casinos to iGaming, sports betting, and fantasy sports. The state’s high tax rates on gambling activities also play a significant role in boosting revenue.
Back in August, Pennsylvania announced its 2023 results and became the first state on the list to generate $2.3 billion and surpass New York.
FAQs
How many real-money online casinos are licensed to operate in Pennsylvania?
There are currently 22 licensed real-money online casinos in Pennsylvania.
What was the performance of the sports betting industry in Pennsylvania?
Pennsylvania’s sports betting revenue rose by 23.5%, increasing from $393 million to $485.3 million year-on-year.
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Pennsylvania claims the crown with its casinos’ revenue
Casinos in Pennsylvania generated US $2.3 billion in 2023, making the state the first one on the list.Pennsylvania is the fifth most populous state in the US, with a...
