GoodLuckMate is reader supported. Learn more about how we make money
Pennsylvania Sees Over 10% Revenue Increase Year on Year

Pennsylvania has smashed its previous gaming revenue record with the numbers it has reported for 2022. The state has announced revenue of $5.21bn, a 10.2% increase on the $4.73bn that it took in 2021.

A Strong Year Across the Board 

The yearly report from Pennsylvania showed increases in almost every sector. Retail slots broke several revenue records, taking home $2.39bn. This was nearly a 5% increase from the previous year. Table games also saw a big jump, taking $990.6m, which was a 7% increase. 

Online casino revenue also had a very strong year in 2022. It generated $1.36bn in revenue, which was an increase of 22.6% from 2021. This was one of several new records that were set in the state. 

Hollywood Casino at Penn National was the most successful online operator, generating $561.2m. Rivers Casino and Valley Forge Casino Resort were second and third, generating $326.4m and $225.5m respectively. 

Sports Betting Delivers Strong Returns

It wasn’t just casinos that had a strong year. Sport-betting revenue was up 18% from 2021, with overall wagers up by over 10%. Overall revenue was at a high of $401.2m. The total wagered was just over $7bn. 

Valley Forge was also one of the top earners here. Along with partner FanDuel, it took home $210.0m. FanDuel’s closest competitor Barstool came second with The Hollywood Casino with revenue of $76.2m. It was also in third place with its other partner in the state, The Hollywood Casino at Penn National, bringing in $21.6m. 

One of the only areas that saw a loss from the previous year was fantasy sports. They generated £22.3m, a 23.9% drop year on year. 

A Strong End to the Year

Figures were also released for December, with Pennsylvania finishing the year on a high. The overall gaming revenue was up 16.9% on the previous year, with takings of $475m. This was also an increase in revenue from November. 

Once again, numbers were mostly up across the board when compared to December 2021. Physical slot machines had a marginal increase of 1.3% at just over $134m, but it was online slots that saw the biggest jump. 

Online casino revenue shot up over 31%, setting a new state record with $134.6m. Just over $90m of this was generated from online slots, with table game revenue being at $40m. Once again, Hollywood Casino at Penn National was the biggest earner for the state, with $60.1 in revenue being reported. 

Sports betting had a massive increase of 190.3% from December 2021, taking $54.6m, another new state record. 

Share on
Liam Hoofe
Liam Hoofe
Published: 20 Jan 2023
Updated: 13 Mar 2023
Liam is a skilled writer and journalist, highly regarded for his perceptive examination of the gambling industry. He specializes in online casinos and sports betting, and his work has been published in top-tier publications. Here at GoodLuckMate, Liam covers the latest industry news and has also authored various gambling guides, offering both beginners and experienced players in-depth analyses of games and strategies.

Read more news


Stay up to date on all the latest news by subscribing to our newsletter. New subscribers get 150 free spins with no deposit required!

info Country restrictions may apply