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Pennsylvania Casinos See Big Boost in Revenue Thanks to Sports Gambling and Online Gaming

Last week we reported New Jersey gaming operators saw a boost in revenue thanks to online casino games and sports gambling. Today, we learned Pennsylvania saw similar increases in revenue.

Not only did Pennsylvania casinos report revenue of $281.5 million, which was more in line with pre-pandemic levels, but revenue from sports gambling and online casino games made up 22% of total revenue.

According to the Philadelphia Inquirer, the money from online gaming accounted for $61.2 million which is a significant increase compared to last July which was less than $4 million. Of the 12 casinos and gaming operators in Pennsylvania, Boyd Gaming’s Valley Forge Casino saw a 57% increase in revenue compared to July of 2019.