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Pennsylvania Hits Record Gaming $3.88bn Revenue

Pennsylvania posted a record gaming revenue for the 2020/2021 fiscal year. The state collected $3.88 billion between 1 July 2020 to 30 June 2021. This represented a 44.4% jump from the previous year.

Slot Games Contribute the Highest Revenue

The biggest revenue contributor for this period was slot games. This game category posted $1.89 billion in revenue. iGaming revenue came in at second place with $897.2 million in revenue. 

Table games closed the top three positions with a contribution of $721.8 million. Sports wagering also showed a dramatic increase in revenue. The category posted $308.8 million to represent a 171.6% year-over-year increase. 

Parx Casino contributed the majority of the slot machine revenue. The revenue from this establishment in that category stood at $373.4 million. In second place was Wind Creek Bethlehem at $221.9 million. Pittsburgh’s Rivers Casino closed the list with $196.1 million. 

Wind Creek and Parx Casino also led when it came to table game revenue. These operators contributed $133.3 million and $174.5 million respectively. Rivers Casino contributed a total of $144.9 million from its two branches. That is Pittsburgh at $61.6 million and Philadelphia at $83.3 million. 

Pennsylvania Hits Record Gaming $3.88bn Revenue

Sports Wagering Shows a Solid Improvement

Revenue from sports betting also displayed a massive increase. Valley Forge Casino powered by FanDuel topped the list in terms of sports betting revenue. The establishment posted $126.4 million in revenue to represent a 209.1% jump compared to the previous year. 

Meadows Casino took second place with a $54.5 million revenue posting. Penn National’s Hollywood Casino recorded $27.6 million in revenue. This represented a jaw-dropping $1540.6% increase. 

The best performing sportsbook in Pennsylvania went to Draftkings. Fanduel lost to Draftkings after posting $11.4 million compared to $16.2 million by Draftkings. 

Boosted June Revenue After Casinos Reopen 

The figures reported by the state come after the Pennsylvania Gaming Control Board reported its June revenue. The PGCB reported $388.9 million for June to represent a 193.3% rise for the same period last year. 

Revenue from retail slot machines for the month came to $183.0 million. iGaming came in second with $60.5 million in revenue. But retail table games enjoyed the biggest growth. This game category recorded a whopping 563.0% increase to close the month at $77.6 million. 

This may be the case but the regulator points at a decrease when it comes to month-over-month revenue collection. But this is for iGaming revenue. May’s revenue collection totaled $101.3 million representing a 12.2% plummet compared to the iGaming revenue collected in June. 

But Pennsylvania wasn’t the only state to experience a drop in month-over-month revenue. Four other states also recorded a dip in revenue. They are Michigan, West Virginia, Delaware, and New Jersey. 

These five states collected cumulative revenue of $289 million. This is a 6.4% dip compared to May’s $309 million.

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Nerijus Grenda
Nerijus Grenda
Published: 06 Aug 2021
Updated: 13 Mar 2023
Nerijus Grenda is a prolific contributor to the GoodLuckMate site. With a deep understanding of the online casino industry, gained from his own experience as an avid player, he offers valuable insights on what sets the best casinos apart from the rest. As a writer, Nerijus shares his expertise through expert analysis and thoughtful commentary on various topics related to online gambling, including casino reviews, game guides and industry trends.

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