Revenue up 4.5 pct in Pennsylvania in 2019

Revenue up 4.5 pct in Pennsylvania in 2019

The Pennsylvania regulator PGCB has reported that statewide revenue for gaming and DFS contests totalled over US$3.4 billion in 2019.

US.- The Pennsylvania Gaming Control Board (PGCB) has released the total gaming and fantasy contests revenue generated in the state in 2019. The report establishes that there has been a 4.47% increase in revenues generated in Pennsylvania during last year’s operations.

Total revenue in 2019 in Pennsylvania was US$3.4 billion, approximately US$150 million more than what Pennsylvanian facilities had registered in 2018 when the number was US$3.2 million.

Parx Casino was the facility that achieved the highest total revenue in 2019 with US$639.4 million, representing a 6.09% increase over 2018. Wind Creek Bethlehem generated US$522.1 million, although the number is relatively flat when compared to the previous period.

Rivers Casino Pittsburgh and Rivers Casino Philadelphia totalled US$392 million and US$339 million respectively. Those figures show increases of 9.3% and 11.9% over 2018.

Total tax revenue generated collectively through all forms of gaming and fantasy contests was US$1.4 billion during 2019 compared to US$1.3 billion in 2018.

Gross revenue from slot machines at the 12 casinos was US$2.3 bllion, a 0.29% decrease in revenue when compared to the figure generated in calendar year 2018.

Table games revenue reached an all-time high during calendar year 2019 totalling US$903 million. It was the first year in which table games revenue topped US$900 million and was an increase of 2.8% over calendar year 2018 when revenue was US$878.7 million.

Casino games offered online generated gross revenue of US$33.5 million and tax revenue of US$13.3 million during calendar year 2019.

Calendar year 2019 represented the first full year of sports wagering in Pennsylvania. The handle from both retail and online outlets totalled US$1.4 billion and resulted in revenue of US$84.1 million.  Taxes derived from sports wagering in 2019 was US$30.2 million.

At the close of the year, there were 20 establishments offering VGT gaming and operating a total of 100 machines. In 2019, revenue from VGT gaming was US$2.3 million producing tax revenue of US$1.2 million.

DFS revenue was US$25.8 million, an increase of 70% over calendar year 2018 when revenue was US$15.3 million.

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