Clicky

Online Gambling Continues to Thrive in Pennsylvania - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
money-stack
Published on
Update on

In 2021, Pennsylvania once again proved that it has one of the most vibrant gambling markets in the United States. Despite all the setbacks that arose as a result of the COVID-19 pandemic, the sector managed to weather the storm well. Recent revenue reports from the state gaming regulator have affirmed that the gambling sector in the state still has a lot of potential.

However, it is worth noting that some of the gambling verticals have been dominating the revenue figures. Online gambling in particular makes the most revenue in the Keystone State according to the Pennsylvania Gaming Control Board’s (PGCB) latest revenue reports. Here is a brief overview of the revenue figures for November 2021:

Type of Gaming RevenueNov 2021Nov 2020% Change
Retail Slots Revenue$185,481,243$129,530,80543.19%
Retail Tables Revenue$82,910,650$52,336,31858.42%
Sports Wagering Revenue$63,668,655$37,350,24670.46%
iGaming Slot Revenue$63,481,648$39,393,80461.15%
iGaming Tables Revenue$27,652,931$17,972,46653.86%
Fantasy Contests Revenue$3,358,090$3,015,06211.38%
Video Gaming Terminals Revenue$3,185,451$2,259,39340.99%
iGaming Poker Revenue$2,754,681$2,409,23514.34%
Total Gaming Revenue$432,493,349$284,267,32952.14%
gamingcontrolboard.pa.gov

Pennsylvania boasts several popular casino operations, all of which have been performing very well. Several records were broken and the same applies to the November revenue figures. As with previous months, online gambling led the pack. Retail gambling activities while still quite popular have not been able to compete at the same level.

The pandemic-induced closures of retail gambling destinations certainly contributed to this. There is some recovery and exemplary performance but it remains relatively slowly compared to the meteoric rise of the iGaming sector. This is not just limited to Pennsylvania but the rest of the United States as well.

What This Means for 2022

The gambling industry has been expanding rapidly over the past couple of years. Most of this growth has been in various forms of online gambling including online slots, poker, table games, and sports betting. Demand for these services and products is still very high which means there is a lot more growth to be expected. Unsurprisingly, even more operators are eyeing the possibility of venturing into the iGaming sector.

For the rest of the United States especially states that are yet to legalize online gambling, Pennsylvania has been a great benchmark. It has proven that with great controls and proper regulation, the gambling sector can be very profitable. Many states across the country are already moving towards making online gaming options available within their borders. In 2022, we can expect to see even more of this.

Latest Headlines

PGCB Green Lights Cumberland County Category 4 Casino

Pennsylvania’s already massive gambling market has received yet another big boost thanks to a recent move by the state’s gambling control board. Members of the gaming control board unanimously voted to award a Category 4 casino license to the W Cumberland Op. Co., (Greenwood Gaming & Entertainment, Inc, operator of Parx Casino). This will allow […]

Online Gambling Continues to Thrive in Pennsylvania

In 2021, Pennsylvania once again proved that it has one of the most vibrant gambling markets in the United States. Despite all the setbacks that arose as a result of the COVID-19 pandemic, the sector managed to weather the storm well. Recent revenue reports from the state gaming regulator have affirmed that the gambling sector […]

Live! Casino Pittsburgh to Undergo Expansion

It has been a little over a year since Live! Casino Pittsburgh began operating in the Keystone State. After establishing itself in the state, the operator is now looking to do even better through some upgrades. The expansion plans for the Westmoreland property will encompass a variety of new offerings to the facility thus pushing […]

22 December Opening Date Set for Hollywood Casino Morgantown

The Keystone State’s gambling sector will this month add one more casino to its list of operators. Penn National Gaming, Inc.’s highly anticipated casino in Morgantown will finally open its doors to the public on Wednesday, December 22. The launch of the Category 4 Satellite Casino or mini-casino is still pending regulatory approvals but there […]

Pennsylvania Sets Record Commercial Gambling Revenue

The month of October was yet another great month for gaming in the Keystone State. According to the Pennsylvania Gaming Control Boards’ (PGCB) latest press release, the commercial gambling sector in the state brought in a whopping $425,916,762 in October 2021. This is now the highest amount the state brought since July 2021. It also […]

Similar Stories in Gambling

PGCB Green Lights Cumberland County Category 4 Casino

Pennsylvania’s already massive gambling market has received yet another big boost thanks to a recent move by the state’s gambling control board. Members of the gaming control board unanimously voted to award a Category 4 casino license to the W Cumberland Op. Co., (Greenwood Gaming & Entertainment, Inc, operator of Parx Casino). This will allow […]

22 December Opening Date Set for Hollywood Casino Morgantown

The Keystone State’s gambling sector will this month add one more casino to its list of operators. Penn National Gaming, Inc.’s highly anticipated casino in Morgantown will finally open its doors to the public on Wednesday, December 22. The launch of the Category 4 Satellite Casino or mini-casino is still pending regulatory approvals but there […]

Pennsylvania Sets Record Commercial Gambling Revenue

The month of October was yet another great month for gaming in the Keystone State. According to the Pennsylvania Gaming Control Boards’ (PGCB) latest press release, the commercial gambling sector in the state brought in a whopping $425,916,762 in October 2021. This is now the highest amount the state brought since July 2021. It also […]

PGCB Reports Total Gaming Revenue for September

The Pennsylvania Gaming Control Board (PGCB) has recently released the revenue figures for the state’s gambling industry in September. Unsurprisingly, the sector is still soaring as it continues to recover from the ravaging impacts of the COVID-19 pandemic. According to the gaming regulator’s press release, the total revenue for gaming and fantasy sports was a […]