{"id":260,"date":"2024-06-27T13:56:37","date_gmt":"2024-06-27T10:56:37","guid":{"rendered":"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/"},"modified":"2024-06-27T13:56:37","modified_gmt":"2024-06-27T10:56:37","slug":"pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year","status":"publish","type":"post","link":"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/","title":{"rendered":"Pennsylvania Gambling Revenue Hits Record High in 2021-22 Fiscal Year"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/35-_dvGo1eA\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The Keystone State achieved a new peak in gambling income during the 2021-22 financial period, generating a total of $5.04 billion (\u00a34.19 billion\/\u20ac4.92 billion) over the 12-month span.<\/p>\n<p>Pennsylvania\u2019s gambling income for the 2021-22 financial period was a record-setting $5.04 billion, signifying a 29.5% surge from the $3.87 billion generated in the 2020-21 financial period, which was the state\u2019s previous peak.<\/p>\n<p>Traditional gambling income made up the largest portion of the year\u2019s total, with retail slot income increasing 27.7% year-over-year to $2.41 billion, while income from table games also leaped 40.7% to $1.02 billion.<\/p>\n<p>Sports wagering income grew marginally by 2.2% to $315.8 million, although the Pennsylvania Gaming Control Board (PGCB) did not release a breakdown of online and retail income for this market segment, nor did it divulge any transaction details.<\/p>\n<p>Valley Forge and partner FanDuel held the top spot in the sports wagering sector, with income of $160.1 million, significantly ahead of Meadows\u2019 Hollywood Casino Barstool Sportsbook at $52.5 million and Penn National\u2019s Hollywood Casino and DraftKings at $23.8 million.<\/p>\n<p>Shifting to online gambling, income reached $1.23 billion, a 37.4% increase from the previous year. While the PGCB did not furnish a comprehensive breakdown of this market, it did disclose that Penn National\u2019s Hollywood Casino led the field with income of $481 million. <\/p>\n<p>The Philadelphia Rivers Casino holds the second spot in the iGaming sector, boasting $319.2 million in earnings. Following closely behind is the Valley Forge Casino Resort, which generated $221.8 million in income for the entire year.<\/p>\n<p>The Pennsylvania Gaming Control Board also highlighted a notable 32.7% surge in video gaming terminal revenue, reaching $41.6 million in the fiscal year. However, fantasy contest earnings experienced a 3.1% dip to $27.3 million, marking the only segment in the Pennsylvania market to witness a year-on-year decline.<\/p>\n<p>Meanwhile, the Pennsylvania Gaming Control Board also unveiled figures for the final month of the 2021-22 fiscal year. Total market revenue for June reached $389.8 million, representing a modest 0.24% increase compared to the same period last year. However, this figure fell short of the $447.8 million generated in May 2022, marking a 13.0% decrease.<\/p>\n<p>Retail slots emerged as the primary revenue source for the month, with earnings climbing 5.5% year-over-year to $193 million. Conversely, land-based table game revenue experienced a 1.9% decline, settling at $76.1 million.<\/p>\n<p>Sports betting revenue plummeted by 62.7% to $12.8 million. Online revenue contributed $11.4 million, while retail revenue amounted to $1.3 million. The Pennsylvania Gaming Control Board also observed a 6.4% year-on-year decrease in wagering volume for the month, reaching $393.5 million.<\/p>\n<p>Valley Forge and FanDuel emerged as frontrunners, generating $5.4 million in revenue on a total wagering volume of $158.2 million. Following closely were Hollywood Casino at the Meadows and Barstool, with $1.9 million in revenue on $88.6 million in wagering. Hollywood Casino at Penn National and DraftKings rounded out the top performers, generating $1.1 million in revenue on $24.2 million in wagering.<\/p>\n<p>In the iGaming sphere, revenue surged by 15.8% to $102.9 million. Online slots revenue contributed $72.3 million, internet table game revenue reached $28 million, and online poker revenue amounted to $2.6 million. <\/p>\n<p>The Pennsylvania Hollywood Casino led the pack, generating $42 million in earnings.  Trailing behind was the Philadelphia Rivers Casino, with $25.5 million, followed by Valley Forge Casino Resort, which brought in $18.4 million.<\/p>\n<p>Elsewhere, revenue from video game terminals rose by 6.2% annually to $3.5 million, while fantasy sports revenue dipped 20.4% to $1.5 million.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Keystone State achieved a new peak in gambling income during the 2021-22 financial period, generating a total of $5.04 billion (\u00a34.19 billion\/\u20ac4.92 billion) over the 12-month span. Pennsylvania\u2019s gambling income for the 2021-22 financial period was a record-setting $5.04 billion, signifying a 29.5% surge from the $3.87 billion generated in the 2020-21 financial period, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pennsylvania Gambling Hits Record High in 2021-22<\/title>\n<meta name=\"description\" content=\"Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Pennsylvania Gambling Revenue Hits Record High in 2021-22 Fiscal Year\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Winning Spirit at Our Licensed Online Casino\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T10:56:37+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/\",\"url\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/\",\"name\":\"Pennsylvania Gambling Hits Record High in 2021-22\",\"isPartOf\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#website\"},\"datePublished\":\"2024-06-27T10:56:37+00:00\",\"dateModified\":\"2024-06-27T10:56:37+00:00\",\"author\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Pennsylvania\",\"breadcrumb\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/pennsylvania-gambling-revenue-hits-record-high-in-2021-22-fiscal-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pennsylvania Gambling Revenue Hits Record High in 2021-22 Fiscal Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#website\",\"url\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/\",\"name\":\"Unleash Your Winning Spirit at Our Licensed Online Casino\",\"description\":\"Explore the dynamic world of online gambling with our up-to-date news, in-depth reviews, and expert articles. 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