Pennsylvania Gaming Control Board Sees 7.28% Increase in Revenue for October

Pennsylvania Gaming Control Board Sees 7.28% Increase in Revenue for October

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

Real money slots remain the primary driver of revenue, with October bringing lifetime online slot revenue to 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 account 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
Rollcard

Refer to Cashback Terms & Conditions for full program terms.

No Comments Yet.

Latest News from Gambling.com

Mexico Needs Modern Gaming Law to Sustain Growth Betting
Kevin Walsh 7 minutes ago · 2 min read

Mexico Needs Modern Gaming Law to Sustain Growth

Loto-Quebec Casino And Lottery Revenue Rise In First Quarter Casino
Kevin Walsh 31 minutes ago · 1 min read

Loto-Quebec Casino And Lottery Revenue Rise In First Quarter

Entain Renews Call For Immediate Ban On Unlicensed Sponsors Betting
Kevin Walsh 47 minutes ago · 2 min read

Entain Renews Call For Immediate Ban On Unlicensed Sponsors

Pennsylvania Sports Betting Revenue Falls 19.9% In August Betting
Charlie Mullan 58 minutes ago · 1 min read

Pennsylvania Sports Betting Revenue Falls 19.9% In August

Irish Bookmakers Warn Betting Tax Rise Would Fuel Black Market Betting
Kevin Walsh 1 hour ago · 2 min read

Irish Bookmakers Warn Betting Tax Rise Would Fuel Black Market

Detroit To Inspect Water Tower Painted With Polymarket Branding Betting
Dean Ryan 1 hour ago · 2 min read

Detroit To Inspect Water Tower Painted With Polymarket Branding