Pennsylvania Gaming Control Board Sees 7.28% Increase in Revenue for October
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Ever since the first online gambling sites launched in Pennsylvania back in 2019 there has been a steady increase in revenue month on month. In fact, within the first month which was already two weeks in, three online casinos generated $813,306 in revenue. While this was a paltry amount compared to the months that followed, it still showed huge earning potential which has been substantiated.
iGaming Revenue for October 2023 Reaches Almost $155 Million
During the month of October 2023, online casinos in the state generated $154,818,943 of which $66,484,708 was tax revenue. This was a 24.34% increase over October 2022’s earnings of $124,507,915.
The generated revenue can be broken down as follows:
- Online Slots Revenue - $109,835,907
- Online Tables Revenue - $42,637,039
- Online Poker Revenue - $2,345,997
Slots are still the primary driver of revenue, with October resulting in a lifetime online slot revenue of more than $4 billion for the state.
When compared to retail casino revenue which totaled $273,978,222 for October, it’s easy to see that Pennsylvania online casino revenue still has a way to go before it catches up, but it likely won’t be too much longer before it does.
Other Gambling Revenue Generated in PA for October 2023
While both online and offline casino gambling accounts for the lion’s share of statewide earnings, sports betting is still growing. Other gambling revenue included:
- Sports Wagering Revenue - $48,150,055
- Video Gaming Terminals Revenue - $3,406,170
- Fantasy Contests Revenue - $2,652,804
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Updated by
James Molloy
Last Updated:
