Gaming Control Board Reports Gaming Revenue for February

Overall gaming revenue is up 22% over last year

HARRISBURG, PA:  The Pennsylvania Gaming Control Board reported today that the combined total revenue generated from all forms of gaming along with fantasy contests during February 2023 was $456,838,518, an increase of 21.60% compared to revenue generated in February 2022.

Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet gaming, sports wagering, fantasy contests and VGTs. The Board has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.

Total tax revenue generated collectively through all forms of gaming and fantasy contests was $188,976,155* during February 2023.

February  Revenue by Game Type

The Board is also providing a synopsis of revenue year-over-year by types of games:

Slot Machine Revenue

February’s revenue from slot machines was $202,822,213, a 4.18% increase in revenue when compared to the $194,692,492 generated in February 2022.

The number of slot machines in operation in February 2023 was 25,708 compared to 26,154 at the casinos in February 2022.

Tax revenue from the play of slot machines in February of 2023 was $103,008,528*.

Retail Table Games Revenue

Retail Table games revenue for February 2023 was stable year over year with revenue of $74,505,042 showing an increase of 0.18% from February 2022 when revenue was $74,372,715.

Total tax revenue from table games play during February 2023 was $12,158,996*.

Internet Casino-Type Gaming (iGaming) Revenue

Casino games offered online generated gross revenue of $131,625,131 during February 2023 compared to $102,419,293 in February 2022 an increase of 28.52%.

Tax revenue generated from internet gaming play during February 2023 was $56,321,557*.

Sports Wagering Revenue

February 2023 total sports wagering handle was $599,529,429 or 0.41% above the February 2022 total of $597,064,049. At the same time, the taxable revenue figure for February 2023 was $43,230,177 compared to February 2022 when taxable revenue was -$442,847.

Tax revenue generated from sports wagering during February 2023 was $15,562,864*.

Video Gaming Terminals

Total adjusted revenue for February 2023 for video gaming terminals (VGTs) was $3,313,019 or 9.28% higher than February 2022 when revenue was $3,031,625. By the close of February 2023, VGT Terminal Operators were operating the maximum permitted five machines at 66 qualified truck stop establishments compared to five machines at 60 establishments at this time last year.

Tax revenue collected from the play of VGTs in February 2023 was $1,722,770*.

fantasy Contests

Fantasy Contests’ revenue was $1,342,936 in February 2023, a decrease of 16.34% over February 2022, when revenue was $1,605,137.

Tax revenue collected from the play of Fantasy Contests in February 2023 was $201,440*.

*All tax revenue figures reflect the 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 involving 17 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 racetracks (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4).  Casino expansion will continue over the next couple of years with the anticipated opening of additional Category 4 casinos. A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated over $2 billion in tax revenue in 2022.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

SOURCE: The Pennsylvania Gaming Control Board.