Pennsylvania’s 16 Casinos Generate $5.2 Billion in Total 2022 Revenue

Derek Blake pic
Derek Blake
Casino News


  • The 16 Pennsylvania casinos produced $5.2 billion in revenue for the 2022 year
  • iGaming revenue crossed $1.36 billion in revenue; a 22.6% increase compared to 2021
  • Sports betting produced over $400 million in revenue, an 18% increase over 2021

The Pennsylvania Gaming Control Board announced the financial figures for 2022, and the state’s casinos drew higher-than-expected totals with over $5.2 billion in total revenue.

Representing the total money lost by players in 2022, the $5.2 billion figure showcases the overall resurgence of the state’s gaming industry in a post-Covid economy.

The state’s overall tax revenue rose almost $192 million compared to 2021, as casinos generated $2.1 billion in 2022. During the 2021 fiscal year, casinos produced just over $1.9 billion in tax revenue for Pennsylvania.

Breaking Down Pennsylvania's Record-Setting $5.2 Billon in Casino Revenue

The state's casino gaming revenue sheet offered various money makers, with slot machines leading the pack by generating a whopping $2.4 billion in revenue, an increase of 4.5% compared to 2021.

The most significant revenue jump for Pennsylvania casinos came from iGaming as online casinos, such as BetMGM, produced $1.36 billion for the state’s gaming industry, a boost of 22.6% from 2021.

Next, table games came in third, reaching almost $1 billion in revenue for Pennsylvania. With the $990 million, Pennsylvania casinos saw a 7.1% increase over 2021 with table game offerings such as blackjack, roulette, and baccarat.

Sports betting generated $401.2 million, an 18% increase compared to 2021 figures, but the growth came at the expense of daily fantasy contests. Sites like DraftKings and FanDuel saw their figures from DFS contests fall by 23.9%, with just $22.3 million in total revenue. 

Regional casinos were the prime beneficiary of the revenue jump. Rivers Casino continued to lead the way against its Pennsylvania competitors with $373.9 million in total revenue, a 5.2% increase over their 2021 financial year.

As new casinos open in the state and existing buildings undergo facelifts to attract new customers, the gaming industry's plan to invest more in their properties could push total revenue in 2023 to $6 billion.

Derek Blake is a freelance writer that has covered the expansion of legal sports betting in America and the regional casino business for several well-known industry websites. During his writing career, he has written profiles on dozens of athletes and focused on the collision of sports and politics.