Revenue record of $6 billion from Casinos in Pennsylvania during 2024

The 7.7% revenue increase from 2023 to 2024 comes from slot machines, table games, internet gaming, sports betting, fantasy contests and video gaming terminals (VGTs). The record includes a 25% increase in iGaming revenues over the previous year, as more and more people turn to this form of gambling.

As well as this triumph in PGCB revenues, numerous small businesses, veterans groups, volunteer fire companies and other fraternal clubs across the state are also celebrating the extra income they receive from operating legal games of skill. Many would have to make difficult economic decisions without the revenue.

“It is tremendous that the state ended the year on such a high financial note with monthly and annual record-breaking revenue totals from casinos and other gambling enterprises under the jurisdiction of the PGCB,” said Mike Barley, chief public affairs officer for Pace-O-Matic, which created legal Pennsylvania Skill games. “This proves that casino gambling and small businesses and volunteer organizations that host skill games can coexist and succeed. No competition exists between the two.”

As the new legislative session begins, Barley also said he hopes casinos will not oppose legislation that fairly regulates and taxes skill games.

There is bipartisan, bicameral backing for legislation to be introduced by Sen. Gene Yaw and Rep. Danilo Burgos that will put guardrails around skill game operations and provide $250 million in new tax revenue for the state during the first year.

That revenue will only be generated through a reasonable tax on skill games. Barley added that casinos oppose the current 16% tax on skill games and want to see it more than doubled.

“Sadly, after years of unsuccessful legislation and legal challenges seeking an outright ban of skill games, the casino industry is now working to stop skill games through a business-killing tax rate. There is no way small businesses, American Legions, volunteer fire companies, Elks Clubs, and other places that count on skill games can pay the outrageous tax rate casinos champion.”

Propelled by a huge 25% increase in iGaming revenue, the combined 2024 revenue number is $6,137,414,455. During the last two years, as casinos fought skill games, this is the breakdown of the record revenue they were enjoying, according to the PGCB.

Percentage increases are for 2023 over the same months in 2022
January – 18% increase
February  – 22% increase
March  – 11% increase
April  – 3% increase
May  – 7% increase
June  – 13% increase
July  – 9% increase
August  – 7.5%
September  – 6.2%
October – 7.3%
November – 1.7%
December – 12.5%

Percentage increases are for 2024 over the same months in 2023
January – 2.7%
February – 9%
March – 7.6%
April – 5.9%
May – 8.8%
June – 7.1%
July – 7.2%
August – 11.6%
September – 6.1%
October – 2.8%
November – 26%
December – Nearly the same number as last year