Pennsylvania Casinos Exceed $475 Million in Total Revenue for December

Pennsylvania Casinos Exceed $475 Million in Total Revenue for December
By Bill Ordine
Fact Checked by Jim Tomlin

The Pennsylvania gaming industry set a new monthly record for total revenue generated by all forms of gaming in the commonwealth, the Pennsylvania Gaming Control Board reported today.

The December revenue was almost $475 million from all types of gambling – Pennsylvania online casinos, bricks-and-mortar facilities, sports wagering (whether in a physical sportsbook or on an online sportsbook), and fantasy contests.

The December 2022 haul – $474,956,990, to be exact – beat the previous high-water mark for total gaming activity of $462.7 million. That record had stood since the March Pennsylvania casino revenue report.

In a same-month, year-over-year comparison, December’s revenue of $475 million was an increase of 16.89% from December 2021 ($403.66 million).

Breakdown of Pennsylvania Casino Revenue

Slots were king again in December with retail slots (meaning in-person play) accounting for $198.03 million, or almost 42%, of the commonwealth’s total gaming revenue for the month. 

The December retail slots handle was $2.595 billion, up 5.7% from November 2022 ($2.455 billion), the Pennsylvania Gaming Control Board reported. That handle yielded a December retail slots revenue figure that was up 6.7% from November ($185.56 million).

Online slots (iGaming) contributed another $91.6 million in revenue, or almost 19.3% of the total revenue. The December interactive slots handle from PA casino apps was $2.689 billion, up 9.0% from November ($2.467 billion). The gross revenue of $91.6 million was up 5.7% from November ($86.62 million). It was also the third month in a row that a record was set in Pennsylvania for interactive slots revenue.

Retail table games accounted for $81.66 million of the month’s total revenue and iGaming table games added $40.36 million.

Regarding iGaming table games, the December interactive banking tables handle was $2.484 billion, up 9.9% from November ($2.261 billion).

The December interactive banking tables gross revenue of $40.36 million was up 2.2% from November. As was the case with interactive slots, that number was a new record. The old mark lasted only a month, as the November PA casino revenue number was $39.48 million. December was the third month in a row this record was broken.

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Pennsylvania Sports Betting, December vs. November

Total HandleMobile Handle Gross Revenue
December $754.850M $704.782M $54.624M
November $789.231M $735.523M $52.881M
Change Down 4.4% Down 4.2% Up 3.3%

Sports Betting in Pennsylvania December Analysis

For sports betting, the 2022 total sports betting handle of $7.25 billion was up 10.7% from 2021 ($6.55 billion).

The 2022 total Pennsylvania sportsbook revenue of $401.21 million was up 18.0% from 2021 ($340.11 million).

For the final month of 2022, total sports betting handle was $754.85 million, down 4.4% from November ($789.23 million) and up 0.6% from December 2021 (almost $750.4 million).

As always, online sports betting is by far the most preferred option. In December, mobile betting was 93.4% of the market. Handle on PA sportsbook apps was $704.8 million last month, down 4.2% from November ($735.5 million) but 1.7% higher than 12 months earlier, when online sportsbook handle was $693.3 million.

Sports gambling, both retail and mobile, accounted for $54.62 million in revenue for December. That was a 190.28% increase from December 2021 and a 3.3% hike from November’s $52.9 million. State tax revenue generated from sports wagering during December was nearly $18.6 million.

Rounding out the December gaming revenue picture in Pennsylvania, video gaming terminal revenue was $3.31 million; fantasy contests revenue was $2.74 million, and iPoker revenue was $2.63 million.

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Contributors

A longtime reporter and editor who began writing on casinos and gaming shortly after Atlantic City’s first gambling halls opened, Bill covered the world Series of Poker and wrote a syndicated column on travel to casino destinations for a decade.

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