PGCB Reports Total Pennsylvania Gaming And Fantasy Contest Revenue For 2019/20 State Fiscal Year

HARRISBURG, PA:  The Pennsylvania Gaming Control Board today reported combined fiscal year 2019/20 revenue figures which runs from July 1^st to June 30^th. The combined gross revenue figures include slot machine, table games, sports wagering, i-gaming, video gaming terminals (VGTs) and fantasy contests.

Total combined revenue for the fiscal year 2019/20 was $2,724,785,117.  This is down 18% from fiscal year 2018/19, primarily as a direct result of casino shutdowns and other factors related to Covid-19 restrictions. This included closure of casinos for nearly three months, affecting slot machine, table games, video gaming terminals (VGTs), and retail sport wagering, along with the stoppage of play of major sporting events which affected all sports wagering.

A comparison of combined revenue is below:

Estimated combined tax revenue from these gambling initiatives for the 2019/20 fiscal year was $1,123,665,601 compared to $1,390,872,016 in the previous fiscal year. Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue.

Slot Machine Revenue

Fiscal Year 2019/20 gross revenue from slot machines at the casinos was $1,697,955,473, a 29% decrease in revenue when compared to the $2,378,859,341 generated in Fiscal Year 2018/19.

Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows: 

Table Games Revenue

Fiscal Year 2019/20 gross revenue from table games at the casinos was $644,543,736, a 27% decrease in revenue when compared to the $885,588,231 generated in Fiscal Year 2018/19.

Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Sports Wagering Revenue

Fiscal Year 2019/20 revenue from sports wagering was $113,724,759, a 423% increase in revenue when compared to the $21,730,113 generated in Fiscal Year 2018/19.

Sports wagering revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Fantasy Contests Revenue

Fiscal Year 2019/20 revenue from fantasy contests was $20,868,176, a 12% decrease in revenue when compared to the $23,588,490 generated in Fiscal Year 2018/19.

Fantasy contests revenue for each of the providers, with the percentage change reflected over the previous year, is as follows:

¹No longer operating in PA

I-Gaming Revenue

Fiscal Year 2019/20 revenue for I-Gaming was $240,894,852.  The first I-Gaming provider became operational in July 2019.  At the end of the fiscal year there were 10 I-Gaming providers in Pennsylvania.

I-Gaming revenue for each of the providers for fiscal year 2019/20 is as follows:

Video Gaming Terminals

Fiscal Year 2019/20 revenue for Video Gaming Terminals at Truck Stops was $6,798,123.  The first VGT’s became operational in July 2019.  At the end of the fiscal year there were 28 VGT facilities in Pennsylvania.

VGT revenue for each of the operators for fiscal year 2019/20 is as follows:

Breakdowns of revenue by types of gambling and by operator is available on the Board’s web site, www.gamingcontrolboard.pa.gov.

About the Pennsylvania Gaming Control Board

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling legalized under 2004’s Race Horse Development and Gaming Act and the Gaming Expansion Act of 2017. In addition to slot machine and table games gambling at land-based casinos, the expansion includes online casino games available to date on nine sites; sports wagering offered through sportsbooks at 13 retail locations and through nine online outlets; video gaming terminals (VGTs) offered as of this date at 30 qualified truck stops; and, fantasy sports contests through eight providers.

The mature land-based casino industry in Pennsylvania currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ over 16,000 people and, along with other types of Board-regulated gaming, annually generate over $1.5 billion in tax revenue. Construction of a 13th casino is currently underway along with a number of new “mini-casinos” that are expected to begin operation over the next couple of years.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at https://gamingcontrolboard.pa.gov/ . You can also follow the agency on Twitter by choosing @PAGamingControl .