PA Gaming Control Board Reports A Nearly 12.5% Revenue Increase in December 2023 Compared to December 2022

HARRISBURG, PA:  The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during December 2023 was $534,215,808, an increase of 12.47% compared to revenue generated in December 2022

The total revenue for December was a record high for a month eclipsing the $515,278,831 in revenue during March 2023. In addition, all-time monthly revenue highs were achieved for:

• iGaming – $165,110,845 compared to $159,490,505 in September 2023; and
• Sports Wagering – $72,506,446 compared to $63,674,326 in November 2021.

Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). The PGCB 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 $217,952,594* during December 2023.

December Revenue by Game Type

Slot Machine Revenue

December’s revenue from slot machines was $207,776,416, a 4.92% increase in revenue when compared to the $198,027,545 generated in December 2022.

The number of slot machines in operation in December 2023 was 24,990 compared to 25,391 at the casinos in December 2022.

Tax revenue from the play of slots machines in December 2023 was $105,302,407*.

Retail Table Games Revenue

Retail Table games revenue for December 2023 was $82,928,134, an increase of 1.56% from December 2022 when revenue was $81,655,998.

Total tax revenue from table games play during December 2023 was $13,576,863*.

Internet Casino-Type Gaming (iGaming) Revenue

Casino games offered online generated monthly gross revenue totaling $165,110,845 during December 2023 compared to $134,578,285 in December 2022, an increase of 22.69%.

Tax revenue generated from internet gaming play during December 2023 was $70,816,197*.

Sports Wagering Revenue

December 2023, total sports wagering handle was $925,570,368 or 22.62% above the December 2022 total of $754,849,873.

At the same time, the taxable revenue figure for December 2023 was $72,506,446, or 32.74% higher when compared to December 2022, when taxable revenue was $54,624,271.

Tax revenue generated from sports wagering during December 2023 was $26,102,321*.

Video Gaming Terminals

Total adjusted revenue for December 2023 for video gaming terminals (VGTs) was $3,434,352, or 3.09% higher than December 2022 when revenue was $3,331,328. By the close of December 2023, VGT Terminal Operators were operating the maximum permitted five machines at 71 qualified truck stop establishments, compared to five machines at 65 establishments at this time last year.

Tax revenue collected from the play of VGTs in December 2023 was $1,785,863*.

Fantasy Contests

Fantasy Contests revenue was $2,459,614 in December 2023, a decrease of 11.27% over December 2022, when revenue was $2,772,059.

Tax revenue collected from the play of Fantasy Contests in December 2023 was $368,942*.

NOTE: *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 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 racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4).  A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated $2.35 billion in tax revenue during in 2023.

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 X (formely Twitter) by choosing @PAGamingControl.

SOURCE: The Pennsylvania Gaming Control Board.