Gaming Control Board Reports Monthly Revenue For August
HARRISBURG, PA: The Pennsylvania Gaming Control Board posted reports today on its website that show that the combined total revenue in August 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $408,092,073. That represents an increase of over 31% over total revenue in August 2020 of $310,717,728.
Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet casino-type gaming (iGaming), sports wagering, fantasy contests and video gaming terminals (VGTs). The Board has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.
Additionally, the total tax revenue before any adjustments was $168,844,089.
Revenue by Game Type
The Board is also providing a synopsis of revenue year-over-year by types of games:
Type of Gaming Revenue
|August 2021||August 2020||
|Retail Slots Revenue||
|Retail Tables Revenue||
|iGaming Slots Revenue||
|iGaming Tables Revenue||
|Sports Wagering Revenue||
|Video Gaming Terminals Revenue||
|iGaming Poker Revenue||
|Fantasy Contests Revenue||
|Total Gaming Revenue||
Slot Machine Revenue
August’s gross revenue from slot machines was $209,820,720 an increase of 26% when compared to August 2020.
The number of slot machines in operation in August 2021 was 26,017.
Tax revenue from the play of slots machines in August 2021 was $106,964,678*.
Table Games Revenue
Table games revenue for August 2021 was $86,313,388 a 33% increase over August 2020 when table games revenue was $65,119,689.
Total tax revenue from table games play during August 2021 was $13,907,915 *.
Internet Casino-Type Gaming (iGaming) Revenue
Casino-type games offered online generated gross revenue of $88,719,021 during August 2021 an increase of 59% when compared to $55,942,525 in August 2020.
Tax revenue generated from iGaming play during August 2021 was $39,364,095*.
Sports Wagering Revenue
Taxable revenue during August 2021 for sports wagering was $18,007,244, compared to $18,274,075 in August of last year, a decrease of 1.5%.
Tax revenue generated from sports wagering during August 2021 was $6,482,608*.
Video Gaming Terminals
Total adjusted revenue for August 2021 for video gaming terminals (VGTs) was $3,621,722 an 61% increase when compared to August 2020 when revenue was $2,247,898. By the close of August 2021, four VGT Terminal Operators were operating the maximum permitted five machines at 58 truck stop establishments. That represents a total of 290 VGTs in operation state-wide.
Fantasy Contests revenue was $1,609,978 in August 2021, a decrease of 25% over August 2020, when revenue was $2,134,494.
Tax revenue collected from the play of Fantasy Contests in August 2021 was $241,497*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling at 15 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and two mini-casinos (Category 4). Casino expansion will continue over the next couple of years with the anticipated openings of up to three additional Category 4 casinos. A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming is expected to generate over $1.8 billion in tax revenue during the 2021/2022 State Fiscal Year.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at https://gamingcontrolboard.pa.gov/. You can also follow the agency on Twitter by choosing @PAGamingControl.
SOURCE: Pennsylvania Gaming Control Board