With June coming to a close, the Pennsylvania Gaming Control Board (PGCB) has reported all-time records in PA gaming for fiscal year 2021/22. Total revenue topped $5 billion for the first time in state history, with Pennsylvania online casinos generating $1.48 billion in iGaming revenue.

It was the second straight fiscal year in which iGaming revenue surpassed $1 billion, increasing 37% over the previous year’s $1.07 billion.

PA casino revenue up across all verticals

Fiscal year revenue was up once more in all forms of casino gambling statewide. iGaming’s 37% growth was second behind table games, whose revenue also transcended $1 billion in adjusted gross revenue (AGR). Table games AGR of $1.01 billion was up 40% over the previous year’s $721 million.

Retail slots AGR was $2.41 billion, a 28% bump from the $1.89 billion in FY 2020/21. 

PA sportsbooks accounted for $316 million in AGR, up just 2% from FY 2020/21. However, Pennsylvanians wagered over $7 billion during this time, more than 25% beyond the $5.6 billion from the previous fiscal year, with roughly 92% of all bets placed online.

Lastly, the PGCB expects fiscal year tax revenue to eclipse $2 billion for the first time. Before any adjustments, the PA Department of Revenue estimates $2.05 billion, representing 29% growth from the previous record of $1.59 billion last year.

Pennsylvania iGaming shows the most promise

While Pennsylvania’s entire casino industry continues to grow, iGaming is doing so the fastest since becoming legalized in 2019. 

The first FY 2019/20 generated $297 million in revenue. A year later, that number grew to $1.07 billion, up more than 360% year-over-year.

Of course, another 360% year would be unexpected. But, online casinos proved that business continues to boom after reaching $1.48 billion in revenue in 2021/22. 

And while sports betting is subject to down months during the summer when baseball is the lone game in action, PA online casinos continue to set records and post nationleading revenue numbers well above $100 billion in recent months. 

PA June iGaming revenue remains near tops in the country

Pennsylvania iGaming revenue totaled $126 million in June, down nearly 8% from $136 million in May, and just behind New Jersey’s $133 million for the month.

Penn National, whose brands include Hollywood, DraftKings, BetMGM and Barstool Casino, accounted for 41.3% of that revenue, totaling $52 million

Rivers (BetRivers, SugarHouse, and Borgata) was second with $31.8 million (25.1%) in revenue, and Valley Forge (FanDuel and Stardust) was third with $19.5 million (15.4%).

Combined, the three licensees accounted for 81.9% of the state’s market share. See below for a full breakdown of the numbers:

LicenseeTotal RevenueSlotsTablesPokerPromosTaxes
Hollywood Penn National$52,207,411$38,216,567$13,764,170$226,674$10,177,308$15,414,407
Rivers Philadelphia$31,788,600$28,606,781$3,119,219$62,509$6,305,060$10,989,847
Valley Forge$19,513,978$11,631,533$7,882,445$0$1,112,826$6,204,984
Mount Airy$5,687,649$3,246,639$821,833$1,619,177$1,504,518$1,204,081
Harrah's Philadelphia$3,656,193$2,173,454$790,722$692,016$390,026$1,061,484
Live Philadelphia$3,309,546$2,922,637$386,909$0$431,069$1,232,943
Mohegan Sun Pocono$2,588,905$2,174,877$414,029$0$344,176$926,674
Wind Creek$1,955,767$1,862,624$93,143$0$722,832$550,605
Presque Isle Downs$288,783$134,568$154,215$0$5,164$85,494

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