The state's casino gaming revenue sheet offered various money makers, with slot machines leading the pack by generating a whopping $2.4 billion in revenue, an increase of 4.5% compared to 2021.
The most significant revenue jump for Pennsylvania casinos came from iGaming as online casinos, such as BetMGM, produced $1.36 billion for the state’s gaming industry, a boost of 22.6% from 2021.
Next, table games came in third, reaching almost $1 billion in revenue for Pennsylvania. With the $990 million, Pennsylvania casinos saw a 7.1% increase over 2021 with table game offerings such as blackjack, roulette, and baccarat.
Sports betting generated $401.2 million, an 18% increase compared to 2021 figures, but the growth came at the expense of daily fantasy contests. Sites like DraftKings and FanDuel saw their figures from DFS contests fall by 23.9%, with just $22.3 million in total revenue.
Regional casinos were the prime beneficiary of the revenue jump. Rivers Casino continued to lead the way against its Pennsylvania competitors with $373.9 million in total revenue, a 5.2% increase over their 2021 financial year.
As new casinos open in the state and existing buildings undergo facelifts to attract new customers, the gaming industry's plan to invest more in their properties could push total revenue in 2023 to $6 billion.
