Pennsylvania Gambling Revenue Hits All Time High

Revenue from regulated gambling in Pennsylvania climbed to a brand new record high above $3.3 billion in the just-completed fiscal year.

The Pennsylvania Gaming Manage Board stated Thursday that income rose by almost $60 million, or nearly 2%, over the 2018 fiscal year.

Slot machine play at the state’s 12 casinos grew by $26 million and newly legal sports betting and fantasy sports contests contributed another $43 million. Table games play shrank by $10 million.

Online casino gambling is just starting, as Pennsylvania mounts an aggressive gambling expansion to assist shore up its treasury.

American Gaming Association figures show that revenue at Pennsylvania’s industrial casinos was No. 2 in the nation final year, second to Nevada.

Pennsylvania is No. 1 in tax revenue from casino gambling, netting $1.five billion last year.

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