Pa. gambling revenue hit $425M in August, officials say | Thursday Morning Coffee

Pennsylvania’s gambling industry, including fantasy contests, raked in $425.3 million in August, an increase of 4.24 percent over the same time period last year, state gaming regulators said this week.

The total tax revenue from that jackpot was more than $175.3 million last month, the Pennsylvania Gaming Control Board said in a statement.

Photo by Daria Sannikova from Pexels via Creative Commons.

Slot machine revenue totaled $201.2 million, a 4.07 percent decrease compared to the $209.8 million revenue total from August 2021, officials said,. There were 25,595 slot machines in operation statewide last month, compared to 26,017 in August 2021.

(Source: Pa. Gaming Control Board) (Source: Pa. Gaming Control Board)

Table game revenue totaled $78.45 million, a decrease of 9.11 percent from last August’s tally of $86.3 million, according to gaming regulators.

Revenues for casino games offered online shot up by nearly 21 percent last month, with the industry reporting $107.1 million, compared to $88.7 million in August 2021. The total tax revenue there was nearly $46 million, state regulators said.

(Source: Pa. Gaming Control Board) (Source: Pa. Gaming Control Board)

The total handle from sports betting was a whopping $363 million last month, a 4.17 percent jump over last August’s haul of $348 million officials said.

Here’s how that broke down:

(Source: Pa. Gaming Control Board) (Source: Pa. Gaming Control Board)

The total tax revenue generated by sports wagering last month was $12.2 million, state regulators said.



Originally published at www.penncapital-star.com,by John L. Micek

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