PA Smashes Record for Sports Betting

Submitted by Associated Press on

Written by :

Associated Press

Published on :

PA Smashes Record for Sports Betting

HARRISBURG, Pa. (AP) — Pennsylvania smashed its record for gambling revenue, state regulators said Monday, reporting nearly $3.9 billion in the last fiscal year as every category of wagering showed growth in one of the nation’s largest casino and gambling states.

Start Your Own Sportsbook Today

The rebound comes after pandemic-related shutdowns helped knock casino revenue down significantly.

The nearly $3.9 billion from 14 operating casinos, fantasy sports operators and truck stops for the fiscal year ending June 30 beat the previous high, two years ago, by about 17% and last year’s take by more than 40%, according to figures from the Pennsylvania Gaming Control Board.

Revenue in casinos from slot machines, at just under $1.9 billion, and from table games, at $721 million, remains lower than record highs in previous years.

But other, newer categories leaped to new record highs.

Online casino gambling grew to nearly $900 million in just its second year, while sports betting grew to $309 million in just its third year. Pennsylvania legalized both as part of an aggressive gambling expansion in 2017.

Gambling revenue also benefited from the opening of two new casinos, Live! Casino Philadelphia and Live! Casino Pittsburgh.

Pennsylvania dropped behind New Jersey in traditional casino gambling revenue in 2020, eight years after it passed New Jersey to become the nation’s No. 2 gambling revenue state behind Nevada, according to figures compiled by the American Gaming Association.

Related Content

Colts vs. Commanders Total Touchdowns Prop Bets: Jonathan Taylor, Jacory Croskey-Merritt, Josh Downs

Colts vs. Commanders Total Touchdowns Prop Bets: Jonathan Taylor, Jacory Croskey-Merritt, Josh Downs

Jonathan Taylor is a big favorite to score a touchdown in this game at -310. He pays $250 for every $100 bet to score the first touchdown of the game.
Colts vs. Commanders London Game Total Receiving Yards Prop Bets: Josh Downs, Tyler Warren, Stefon Diggs

Colts vs. Commanders London Game Total Receiving Yards Prop Bets: Josh Downs, Tyler Warren, Stefon Diggs

Josh Downs has been Indianapolis' most productive downfield receiver with 14 catches, 186 yards, 13.3 yards per reception. He has a total receiving yards over/under of 71.5.
Ohio State vs. Iowa Total Rushing Yards Prop Bet: Bo Jackson, Kamari Moulton

Ohio State vs. Iowa Total Rushing Yards Prop Bet: Bo Jackson, Kamari Moulton

Bo Jackson's total rushing yards prop bet had an over/under of 72.5.
Ohio State vs. Iowa Total Receiving Yards Prop Bets: Jeremiah Smith, Tony Diaz

Ohio State vs. Iowa Total Receiving Yards Prop Bets: Jeremiah Smith, Tony Diaz

Jeremiah Smith was coming in with an over/under of 123.5 receiving yards for this game.