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 1st to June 30th. 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:
Fiscal Year
|
Slot
Machine Revenue
|
Table Games Revenue
|
Sports Wagering Revenue
|
Fantasy Sports Contests
|
I-Gaming Revenue
|
VGT’s Revenue
|
Total Gaming Revenue
|
10/11
|
$2,346,641,869
|
$507,711,162
|
|
|
|
|
$2,854,353,031
|
11/12
|
$2,476,775,317
|
$663,854,672
|
|
|
|
|
$3,140,629,989
|
12/13
|
$2,428,887,430
|
$713,107,163
|
|
|
|
|
$3,141,994,593
|
13/14
|
$2,319,890,598
|
$731,874,861
|
|
|
|
|
$3,051,765,460
|
14/15
|
$2,335,787,919
|
$779,738,065
|
|
|
|
|
$3,115,525,984
|
15/16
|
$2,388,658,549
|
$839,177,086
|
|
|
|
|
$3,227,835,635
|
16/17
|
$2,336,152,508
|
$866,518,820
|
|
|
|
|
$3,202,671,328
|
17/18
|
$2,352,320,937
|
$895,278,806
|
|
$2,349,569
|
|
|
$3,249,949,311
|
18/19
|
$2,378,859,341
|
$885,588,231
|
$21,730,113
|
$23,588,490
|
|
|
$3,309,766,175
|
19/20
|
$1,697,955,473
|
$644,543,736
|
$113,724,759
|
$20,868,176
|
$240,894,852
|
$6,798,123
|
$2,724,785,117
|
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:
Slot Machine Revenue by Operator
|
Slot Machine Revenue FY2019/20
|
Slot Machine Revenue FY2018/19
|
% Change
|
Parx Casino (closed 106 days)
|
$300,425,667
|
$416,890,976
|
-27.94%
|
Rivers Casino Pittsburgh (closed 86 days)
|
$226,389,823
|
$291,107,335
|
-22.23%
|
Wind Creek Bethlehem (closed 103 days)
|
$187,923,203
|
$295,726,499
|
-36.45%
|
Hollywood Casino at Penn National (closed 101 days)
|
$147,731,218
|
$205,718,923
|
-28.19%
|
The Meadows Casino (closed 84 days)
|
$144,934,215
|
$211,955,727
|
-31.62%
|
Mohegan Sun Pocono (closed 98 days)
|
$140,889,835
|
$194,507,527
|
-27.57%
|
Harrah's Philadelphia Casino (closed 104 days)
|
$136,148,626
|
$196,207,089
|
-30.61%
|
Rivers Casino Philadelphia (closed 3/15; yet to reopen)
|
$123,557,282
|
$182,607,146
|
-32.34%
|
Mount Airy Casino Resort (closed 97 days)
|
$109,439,504
|
$145,483,303
|
-24.78%
|
Presque Isle Downs and Casino (closed 102 days)
|
$80,898,970
|
$114,881,765
|
-29.58%
|
Valley Forge Casino Resort (closed 105 days)
|
$75,124,280
|
$96,278,435
|
-21.97%
|
Lady Luck Casino Nemacolin (closed 87 days)
|
$24,492,852
|
$27,494,616
|
-10.92%
|
Statewide Total
|
$1,697,955,473
|
$2,378,859,341
|
-28.62%
|
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:
Table Games Revenue by Operator
|
Table Games Revenue FY2019/20
|
Table Games Revenue FY2018/19
|
% Change
|
Wind Creek Bethlehem (closed 103 days)
|
$160,775,712
|
$228,006,605
|
-29.49%
|
Parx Casino (closed 106 days)
|
$137,863,238
|
$190,532,538
|
-27.64%
|
Rivers Philadelphia Casino (closed 3/15; yet to reopen)
|
$94,479,394
|
$127,715,419
|
-26.02%
|
Rivers Casino Pittsburgh (closed 86 days)
|
$63,702,645
|
$78,824,172
|
-19.18%
|
Harrah's Philadelphia Casino (closed 104 days)
|
$42,420,185
|
$58,939,571
|
-28.03%
|
Mount Airy Casino Resort (closed 97 days)
|
$28,199,519
|
$40,969,001
|
-31.17%
|
Hollywood Casino at Penn National (closed 101 days)
|
$27,623,122
|
$36,350,480
|
-24.01%
|
Valley Forge Casino Resort (closed 105 days)
|
$26,582,801
|
$38,251,319
|
-30.50%
|
Mohegan Sun Pocono (closed 98 days)
|
$24,550,670
|
$32,967,691
|
-25.53%
|
The Meadows Casino (closed 84 days)
|
$24,469,573
|
$35,083,511
|
-30.25%
|
Presque Isle Downs and Casino (closed 102 days)
|
$10,854,548
|
$14,682,553
|
-26.07%
|
Lady Luck Casino Nemacolin (closed 87 days)
|
$3,022,328
|
$3,265,373
|
-7.44%
|
Statewide Total
|
$644,543,736
|
$885,588,231
|
-27.22%
|
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:
Sports Wagering Revenue by Operator
|
Sports Wagering Revenue FY2019/20
|
Sports Wagering Revenue FY2018/19
|
% Change
|
Valley Forge Casino Resort
|
$40,880,928
|
$1,219,715
|
3252%
|
Rivers Casino Philadelphia
|
$17,815,633
|
$4,930,465
|
261%
|
Parx Casino
|
$15,686,065
|
$4,457,541
|
252%
|
Rivers Casino Pittsburgh
|
$12,752,639
|
$5,537,087
|
130%
|
The Meadows Casino
|
$10,870,960
|
N/A
|
N/A
|
Mount Airy Casino Resort
|
$5,573,246
|
N/A
|
N/A
|
South Philly Race & Sportsbook
|
$2,818,650
|
$1,673,472
|
68%
|
Presque Isle Downs and Casino
|
$1,979,012
|
N/A
|
N/A
|
Hollywood Casino at Penn National
|
$1,679,878
|
$2,284,027
|
-26%
|
Harrah's Philadelphia
|
$1,654,022
|
$1,123,777
|
47%
|
Mohegan Sun Pocono
|
$1,180,976
|
N/A
|
N/A
|
Oaks Race & Sportsbook
|
$788,672
|
$504,030
|
56%
|
Mohegan Sun Lehigh Valley
|
$44,078
|
N/A
|
N/A
|
Statewide Total
|
$113,724,759
|
$21,730,113
|
423%
|
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:
Fantasy Contests Operator
|
Revenue FY2019/20
|
Revenue FY2018/19
|
% Change
|
DraftKings
|
$11,264,882
|
$11,986,584
|
-6.02%
|
FanDuel
|
$8,920,385
|
$10,873,561
|
-17.96%
|
Fantasy Football Players Championship
|
$256,628
|
$184,932
|
38.77%
|
Draft1
|
$200,769
|
$323,986
|
-38.03%
|
Yahoo Fantasy Sports
|
$144,944
|
$39,093
|
270.77%
|
Sportshub Technologies
|
$115,543
|
$113,944
|
1.40%
|
Fulltime Fantasy Sports
|
$14,131
|
$16,095
|
-12.20%
|
Boom Fantasy
|
$2,643
|
$12,723
|
-79.23%
|
Fantasy Draft
|
-$51,749
|
$37,570
|
-237.74%
|
Statewide Total
|
$20,868,176
|
$23,588,490
|
-11.53%
|
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:
Casino Operator
|
Total Internet Games
Revenue
|
Internet
Slots
Revenue
|
Internet
Table Games
Revenue
|
Internet
Poker Revenue
|
Rivers Casino Philadelphia
|
$73,157,709
|
$58,058,181
|
$15,099,527
|
|
Mount Airy Casino Resort
|
$48,770,064
|
$12,996,451
|
$11,123,703
|
$24,649,910
|
Hollywood Casino at Penn National
|
$38,445,607
|
$32,736,473
|
$5,709,134
|
|
Valley Forge Casino Resort
|
$37,474,322
|
$16,645,068
|
$20,829,254
|
|
Parx Casino
|
$30,156,746
|
$23,365,837
|
$6,790,908
|
|
Mohegan Sun Pocono
|
$9,615,090
|
$7,144,339
|
$2,470,751
|
|
Harrah’s Philadelphia
|
$1,923,332
|
$1,874,748
|
$48,584
|
|
Presque Isle Downs and Casino
|
$1,351,982
|
$818,207
|
$533,775
|
|
Statewide Total
|
$240,894,852
|
$153,639,304
|
$62,605,637
|
$24,649,910
|
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:
VGTs Terminal Operator
|
VGTs Wagers
|
VGTs
Payouts
|
VGTs
Gross Revenue
|
Marquee by Penn
|
$58,328,223
|
$52,690,821
|
$5,637,401
|
Commonwealth Gaming
|
$13,761,302
|
$12,600,581
|
$1,160,721
|
Statewide Total
|
$72,089,525
|
$65,291,403
|
$6,798,123
|
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 .